FACILITY, TERMS AND PURPOSE Sample Clauses

FACILITY, TERMS AND PURPOSE. In consideration of the Lender granting the facility or other financial accommodation to the Borrower, the Borrower hereby covenants with the Lender to pay on demand all sums which shall be due or owing to the Lender from the Borrower subject to the terms and conditions specified herein including all usual commissions and customary banking charges and all costs and expenses incurred in connection with or incidental to the recovery of any amount due on the facility. It is agreed that the facility shall include any sum owing to the Lender by reason of an advance (if any) made directly to any person at the request of or on behalf of the Borrower on any bonds, letters of credit issued and guarantee or indemnities given by the Lender on behalf of the Borrower. The Borrower hereby agrees that the said facility will be used for the purpose stated in the Offer Letter(s) and that the Borrower shall not use any advance for any purpose except that permitted in this clause.
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Related to FACILITY, TERMS AND PURPOSE

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  • Elsevier Open Access Terms and Conditions You can publish open access with Elsevier in hundreds of open access journals or in nearly 2000 established subscription journals that support open access publishing. Permitted third party re-use of these open access articles is defined by the author's choice of Creative Commons user license. See our open access license policy for more information. Terms & Conditions applicable to all Open Access articles published with Elsevier: Any reuse of the article must not represent the author as endorsing the adaptation of the article nor should the article be modified in such a way as to damage the author's honour or reputation. If any changes have been made, such changes must be clearly indicated. The author(s) must be appropriately credited and we ask that you include the end user license and a DOI link to the formal publication on ScienceDirect. If any part of the material to be used (for example, figures) has appeared in our publication with credit or acknowledgement to another source it is the responsibility of the user to ensure their reuse complies with the terms and conditions determined by the rights holder. Additional Terms & Conditions applicable to each Creative Commons user license:

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