Its purpose Clause Samples

Its purpose. The manner of financing, staffing, and supplying the joint undertaking and of establishing and maintaining a budget therefor.

Its purpose. The purpose of this Agreement is to allow the Parties to cooperate in the performance of efficient and effective services to assist in maintenance of the Fryeburg Airport. The services to be provided by ▇▇▇▇▇▇▇ to the Fryeburg and paid for by the ESAA are included in the PROPOSAL Airfield Pavement Marking 2022 dated 07/28/2022 and made part of this Agreement as EXHIBIT A.

Its purpose. 2.1 The amounts paid out under the LOANS shall exclusively serve the purpose of financing investments and the corresponding expenditures including the requirements for working capital in connection with the PROJECT of the BORROWER pursuant to the BUSINESS PLAN presented as a summary in Appendix 2. Deviations within the individual items that are more than an accumulated EURO 500,000 shall require the consent in writing of the BANKS. 2.2 In this process, TRANCHE A shall be used for the requirements of intermediate financing and working capital. TRANCHE B shall serve the purpose of financing the initial network configuration by purchasing components from NORTEL DASA pursuant to the NORTEL DASA AGREEMENT, the operative initial losses in accordance with the BUSINESS PLAN dated November 12, 1999 pursuant to Appendix 2 and, if necessary, for extended investments in accordance with each current BUSINESS PLAN. LAMBDANET CREDIT AGREEMENT page 11 of the agreement dated January 21, 2000