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Common use of Purpose – Facility A Clause in Contracts

Purpose – Facility A. The Borrower shall apply all amounts borrowed by it under Facility A towards:

Appears in 6 contracts

Sources: Bpifae Facility Agreement (Globalstar, Inc.), Bpifae Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)

Related Clauses

  • Advance Facility
  • The Credit Facility
  • Credit Facility
  • Loan Facility
  • Term Loan Facility

Parent Clauses

  • Purpose
  • Definitions and Interpretation
  • Commercial Contracts
  • Finance Parties’ Rights and Obligations

Sub-Clauses

  • Payments to the Supplier
  • Reimbursement to the Borrower
  • Payment of the COFACE Insurance Premia
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