Purpose and utilization. The net proceeds of the Bonds shall be applied for refinancing of existing debt and for general corporate purposes.
Appears in 2 contracts
Sources: Bond Agreement, Bond Agreement (Ship Finance International LTD)
Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be applied employed for refinancing of existing debt and for general corporate purposes.
Appears in 1 contract
Purpose and utilization. The net proceeds of the Bonds shall be applied used for refinancing of existing debt the Existing Bonds and for general corporate purposes.
Appears in 1 contract
Sources: Bond Agreement