Common use of Use of the Credit Line Clause in Contracts

Use of the Credit Line. The Borrower shall use the total amounts of the proceeds gained in accordance with this Agreement for the purposes set forth in the Second clause and in accordance with the provisions set forth in Trust PDP Santander/Bancomext 2. The Banks shall not be responsible for the use given by the Borrower to the Credit Line resources.

Appears in 3 contracts

Samples: Revolving Credit Line Agreement, Revolving Credit Line Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.), Revolving Credit Line Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

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Use of the Credit Line. The Each Borrower shall use the total amounts of the proceeds gained in accordance with this Agreement for the purposes set forth indicated in the Second clause Clause and in accordance with the provisions set forth in Trust PDP the purposes of the Santander/Bancomext 2. The Banks PDP Trust 2 and the Santander/Bancomext PDP Trust 4, the Lenders shall not be responsible for the use given by any of the Borrower Borrowers to the Credit Line resources.

Appears in 1 contract

Samples: Revolving Credit Line Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

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