Common use of Use of Corporate Funds Clause in Contracts

Use of Corporate Funds. permit any Borrower to pay out any funds to any company or person except (i) in the ordinary course of business in connection with the management of the business of such Borrower, including the operation and/or repair of the Vessels and other vessels owned or operated by such parties and (ii) the servicing of the Indebtedness permitted hereunder (but excluding, any prepayments of any Indebtedness other than the Facility);

Use of Corporate Funds. permit any Borrower to pay out any funds to any company or person Person except (i) in the ordinary course of business in connection with the management of the business of such Borrowerthe Guarantor and its Subsidiaries, including the operation and/or repair of any of the Vessels and other vessels owned or operated by such parties and (ii) the servicing of the Indebtedness Debt permitted hereunder (but excluding, any prepayments of any Indebtedness other than the Facility)hereunder;

Use of Corporate Funds. permit any Borrower to pay out any funds to any company or person except (i) in the ordinary course of business in connection with the management of the business of such Borrowerthe Guarantor and its Subsidiaries, including the operation and/or repair of any of the Vessels and other vessels owned or operated by such parties and (ii) the servicing of the Indebtedness Debt permitted hereunder (but excluding, any prepayments of any Indebtedness other than the Facility)hereunder;

Use of Corporate Funds. permit any Borrower the Guarantor to pay out any funds to any company or person except (i) in the ordinary course of business in connection with the management of the business of such Borrowerthe Borrowers and their Subsidiaries, including the operation and/or repair of any of the Vessels and other vessels owned or operated by such parties and (ii) the servicing of the Indebtedness Debt permitted hereunder (but excluding, any prepayments of any Indebtedness other than the Facility)hereunder;

Use of Corporate Funds. permit any Borrower Guarantor to pay out any funds to any company or person except (i) in the ordinary course of business in connection with the management of the business of such Borrowerthe Borrower and its Subsidiaries, including the operation and/or repair of any of the Vessels and other vessels owned or operated by such parties and (ii) the servicing of the Indebtedness Debt permitted hereunder (but excluding, any prepayments of any Indebtedness other than the Facility)hereunder;