Common use of Purpose of Advances Clause in Contracts

Purpose of Advances. The proceeds of each advance under the Investor Certificates shall be used by the Guarantor and the Designated Obligors for their general corporate purposes. Notwithstanding the foregoing, any use of advances under the Investor Certificates as so described in this subsection shall not affect the obligations of the Guarantor hereunder.

Appears in 4 contracts

Samples: Guaranty (Bunge LTD), Guaranty (Bunge LTD), Bunge LTD

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Purpose of Advances. The proceeds of each advance under the Investor Certificates shall be used by the Guarantor and the Designated Obligors for their general corporate purposes. Notwithstanding the foregoing, any use of advances under the Investor Certificates as so described in this subsection shall not affect the obligations of the Guarantor hereunder.

Appears in 1 contract

Samples: Guaranty (Bunge LTD)

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