Common use of Purpose and utilization Clause in Contracts

Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be employed for the general financing of the Issuer.

Appears in 1 contract

Sources: Bond Agreement (Ship Finance International LTD)

Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be employed for the general financing corporate purposes of the Issuer.

Appears in 1 contract

Sources: Bond Agreement (Ship Finance International LTD)