Common use of Purpose of the Facility Clause in Contracts

Purpose of the Facility. The Borrowers shall utilise the Facility for the purpose of funding (i) capital expenditure of the Group, and (ii) general corporate and working capital requirements of the Group.

Appears in 7 contracts

Sources: Revolving Credit Facility Agreement (Gold Fields LTD), Revolving Credit Facility Agreement (Gold Fields LTD), Revolving Credit Facility Agreement (Gold Fields LTD)

Purpose of the Facility. The Borrowers shall utilise the Facility for the purpose of funding (i) capital expenditure of the Group, and (ii) general corporate and working capital requirements of the Group, and (iii) the refinancing of existing Financial Indebtedness.

Appears in 4 contracts

Sources: Revolving Credit Facility Agreement (Sibanye Gold LTD), Revolving Credit Facility Agreement (Sibanye Gold LTD), Revolving Credit Facility Agreement (Gold Fields LTD)

Purpose of the Facility. The Borrowers shall utilise the Facility for the purpose of funding (i) capital expenditure of the Group, and (ii) general corporate and working capital requirements of the GroupGroup and/or (ii) the refinancing of Financial Indebtedness.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Gold Fields LTD)

Purpose of the Facility. The Borrowers Borrower shall utilise the Facility for the purpose of funding (i) capital expenditure of the Group, and (ii) general corporate and working capital requirements of the Group.

Appears in 1 contract

Sources: Facility Agreement (Gold Fields LTD)

Purpose of the Facility. The Borrowers shall utilise the Facility for the purpose of funding (i) capital expenditure in respect of the Group, Group gold mining projects and (ii) general corporate and working capital requirements of the Group.

Appears in 1 contract

Sources: Facility Agreement (Gold Fields LTD)

Purpose of the Facility. The Borrowers shall utilise the Facility for the purpose of funding (i) capital expenditure in respect of the Group, Group gold mining projects and (ii) general corporate and working capital requirements of the Group and (iii) refinancing any Financial Indebtedness of the Group.

Appears in 1 contract

Sources: Facility Agreement (Gold Fields LTD)