Purpose of Financing. The Certificates are being delivered for the purpose of providing funds to (a) finance new capital projects for the Issuer, (b) refund the Refunded Obligations to provide interest cost savings for the Issuer through early redemption of the Refunded Obligations, and (c) pay costs of issuing the Certificates.
Purpose of Financing. The Lease is being executed and Certificates are being delivered for the purpose of providing funds to (a) refund the Refunded Obligations, (b) pay costs of the Financed Facility, and (c) pay certain costs in connection with the execution and delivery of the Lease and Certificates. The purpose of refunding the Refunded Obligations is to achieve interest cost savings.
Purpose of Financing. The loan may only be used in order to secure the Borrower’s ongoing liquidity needs.
Purpose of Financing. The Governmental X .xxxxx Note is being executed and delivered to provide funds for the Governmental Lender to make a loan (the "Borrovver Loan'') to the Borrower to finance the construction and development of the Project. Sale Proceeds of the Governmental Lender Note, and no other funds, will to be used to fund the Borrower Loan, and the Borrower Loan will be assigned to the Funding Lender.
Purpose of Financing. The Lease is being executed and the Certificates are being delivered for the purpose of providing funds to finance the Project.
Purpose of Financing. The Bonds are being issued for the purpose of providing funds to refund the Refunded Bonds. The primary purpose of each transaction undertaken in connection with the issuance of the Bonds is a bona fide governmental purpose. The primary purpose of refunding the Refunded Bonds is to achieve interest cost savings.
Purpose of Financing. Financing of an ongoing business.
Purpose of Financing. Liquidity financing.
Purpose of Financing. In terms of the Discount Business, the loan is obtained for the purchase of raw materials. · In terms of the Pre-Balance Risks, the Customer shall make all transactions for the purpose of hedge.
Purpose of Financing. The Loan proceeds will be used by Borrower (i) to refinance any existing mortgage and mezzanine indebtedness secured directly or indirectly by the Property, (ii) to make such deposits into any reserve accounts required by Lender, (iii) to pay costs and expenses incurred in connection with the Loan, and (iv) to the extent any proceeds remain after satisfying clauses (i) – (iii) above, for such other general corporate purposes as Borrower shall designate.
