Purpose of Loan. The Borrower undertakes with each Creditor Party to use the Loan only for the purpose stated in the preamble to this Agreement.
Appears in 16 contracts
Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)
Purpose of Loan. The Borrower undertakes with each Creditor Party to use the Loan each Advance only for the purpose stated in the preamble to this Agreement.
Appears in 11 contracts
Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Paragon Shipping Inc.)
Purpose of Loan. The Borrower undertakes Borrowers undertake with each Creditor Party to use the Loan only for the purpose stated in the preamble to this Agreement.
Appears in 8 contracts
Samples: Loan Agreement (Star Bulk Management Inc.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)
Purpose of Loan. The Borrower undertakes with each Creditor Party the Lender to use the Loan only for the purpose stated in the preamble to this Agreement.
Appears in 7 contracts
Samples: Agreement (NewLead Holdings Ltd.), Loan Agreement (TBS International LTD), Loan Agreement (NewLead Holdings Ltd.)
Purpose of Loan. The Borrower undertakes with each Creditor Party to use the Loan only for the purpose stated in the preamble to this Agreement.pay for:
Appears in 4 contracts
Samples: Loan Agreement (Prestige Cruises International, Inc.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.)
Purpose of Loan. (a) The Borrower undertakes with each Creditor Party to use the Loan each Advance only for the purpose stated in the preamble to this Agreement.
Appears in 4 contracts
Samples: Loan Agreement (GasLog Partners LP), Loan Agreement, Loan Agreement
Purpose of Loan. The Borrower undertakes with each Creditor Party to use the Loan each Tranche only for the purpose stated in the preamble to this AgreementAgreement and Clause 2.1.
Appears in 3 contracts
Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)
Purpose of Loan. The Each Borrower undertakes with each Creditor Party to use the Loan each Advance only for the purpose stated in the preamble to this Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)
Purpose of Loan. The Each Borrower undertakes with each Creditor Party to use borrow the Loan only for the purpose stated in the preamble to this AgreementAgreement and in accordance with the terms of Clause 4.2 (Availability).
Appears in 1 contract
Purpose of Loan. The Borrower undertakes with each Creditor Party to use the Loan only for the purpose purposes stated in the preamble Recital to this Agreement.
Appears in 1 contract
Purpose of Loan. The Each Borrower undertakes with each Creditor Party to use the Loan each Advance only for the purpose stated in the preamble to this AgreementAgreement and in accordance with the terms of Clause 4.2.
Appears in 1 contract
Samples: Dynagas LNG Partners LP
Purpose of Loan. The Borrower undertakes with each Creditor Party to use the Loan only for the purpose stated in the preamble to this AgreementAgreement and in accordance with the terms of Clause 4.2.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
Purpose of Loan. The Borrower Each of the Borrowers (other than the Holding Company, which will on-lend to the Owners any part of the Loan it receives) undertakes with each Creditor Party to use the Loan only for the purpose stated in the preamble to this Agreement.
Appears in 1 contract
Samples: Loan Agreement (Alma Maritime LTD)
Purpose of Loan. The Borrower undertakes with each Creditor Party to use the Loan each Advance only for the purpose stated in the preamble to this AgreementAgreement and Clause 2.1.
Appears in 1 contract
