Common use of Monitoring Clause in Contracts

Monitoring. The Lender is not bound to monitor or verify the application of any amount borrowed pursuant to this Agreement.

Appears in 129 contracts

Sources: Secured Term Loan Facility (United Maritime Corp), Term Loan Facility Agreement (Globus Maritime LTD), Amendment and Restatement Agreement (Heidmar Maritime Holdings Corp.)

Monitoring. The No Lender is not bound to monitor or verify the application of any amount borrowed pursuant to this Agreement.

Appears in 11 contracts

Sources: Credit Facilities Agreement (NLS Pharmaceutics Ltd.), Credit Facilities Agreement (NLS Pharmaceutics Ltd.), Facility Agreement (Beyond Air, Inc.)

Monitoring. The Lender is shall not be bound to monitor or verify the application of any amount borrowed pursuant to this Agreement.

Appears in 7 contracts

Sources: Secured Loan Agreement (Euroseas Ltd.), Secured Loan Agreement (Performance Shipping Inc.), Facility Agreement

Monitoring. The Lender is not bound to monitor or verify the application of any amount borrowed pursuant to this Agreement, nor shall it be responsible for the consequences of Utilisation of the Loan.

Appears in 5 contracts

Sources: Loan Agreement (Phoenix New Media LTD), Loan Agreement (Phoenix New Media LTD), Loan Agreement (Phoenix New Media LTD)

Monitoring. The Lender is not bound obliged to monitor or verify the application of any amount borrowed pursuant to this Agreement.

Appears in 2 contracts

Sources: Facility Agreement (Opgen Inc), Interim Facility Agreement (Opgen Inc)

Monitoring. The Lender is not bound to monitor or verify the application of any the amount borrowed pursuant to this Agreement.

Appears in 2 contracts

Sources: Term Facility Agreement (Grindrod Shipping Holdings Ltd.), Term Facility Agreement (Grindrod Shipping Holdings Ltd.)

Monitoring. The Lender is not bound to monitor or verify the application of any amount borrowed pursuant to this Third Amended and Restated Agreement.

Appears in 1 contract

Sources: Credit Facility Agreement (Shell Midstream Partners, L.P.)

Monitoring. The Lender is not bound to monitor or verify the application of any amount borrowed pursuant to this Second Amended and Restated Agreement.

Appears in 1 contract

Sources: Credit Facility Agreement (Shell Midstream Partners, L.P.)

Monitoring. The Lender is shall not bound be obliged to monitor or verify the application of any amount borrowed pursuant to this Agreement.

Appears in 1 contract

Sources: Facility Agreement (Chartered Semiconductor Manufacturing LTD)

Monitoring. The Lender is not bound to monitor or verify the application of any amount borrowed pursuant to this Agreement.. ​

Appears in 1 contract

Sources: Term Loan Facility (Okeanis Eco Tankers Corp.)

Monitoring. The Lender is not bound to monitor or verify the application of any amount borrowed pursuant to this Agreement.. ​ ​

Appears in 1 contract

Sources: Facility Agreement (Danaos Corp)

Monitoring. The Lender is not bound to monitor or verify the application of any amount borrowed pursuant to this Original Agreement.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Shell Midstream Partners, L.P.)