Purpose of Advance. The Borrowers undertake with each Creditor Party to use each Advance only for the purpose stated in the preamble to this Agreement.
Appears in 5 contracts
Samples: Agreement (Seanergy Maritime Holdings Corp.), Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement
Purpose of Advance. The Borrowers undertake Borrower undertakes with each Creditor Party to use each the Advance only for the purpose stated in the preamble to this Agreement.
Appears in 4 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)
Purpose of Advance. The Borrowers undertake Borrower undertakes with each Creditor Party to use each Advance only for the purpose purposes stated in the preamble to this Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Seacastle Inc.), Loan Agreement (Seacastle Inc.)
Purpose of Advance. The Borrowers undertake Borrower undertakes with each Creditor Party to use each Advance only for the purpose stated in the preamble to this AgreementClause 2.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)
Purpose of Advance. The Borrowers undertake Borrower undertakes with each Creditor Party to use each Advance only for the purpose stated in the preamble to this Agreement.
Appears in 1 contract
Samples: Agreement (Star Bulk Carriers Corp.)
