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Common use of Application of Amounts Clause in Contracts

Application of Amounts. No Creditor Party is obliged to monitor or verify the application of any amount borrowed under this Agreement.

Appears in 5 contracts

Sources: Amending and Restating Agreement (GasLog Partners LP), Loan Agreement (GasLog Partners LP), Amending and Restating Agreement

Related Clauses

  • Certification of amounts
  • Calculation of Amounts
  • Application of Amounts in Trust Accounts
  • Application of Payments
  • Computation of Amounts

Parent Clauses

  • Purpose
  • Allocation of Payments
  • No Responsibility
  • Payments
  • CITIBANK, N

Sub-Clauses

  • Proceedings by individual Lender, requiring Majority Lenders’ consent
  • Obligations of Creditor Parties several
  • Interests of Lenders several
  • Order of application
  • Interest Proceeds
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