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: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan 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 stated in the preamble to this AgreementClause 2.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan 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 purposes stated in the preamble to this Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Seacastle Inc.), Amending and Restating 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 Agreement.
Appears in 1 contract
