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 company growth, working capital and general corporate requirements.

Appears in 2 contracts

Sources: Bond Agreement, Bond Agreement (Pacific Drilling S.A.)

Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be employed for company growthgrowth capital expenditure, working capital repayment of short term facilities and general corporate requirementspurposes.

Appears in 1 contract

Sources: Bond Agreement (Golar LNG LTD)