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Common use of Purpose of the Facility Clause in Contracts

Purpose of the Facility. 1.1 You shall apply all amounts borrowed in accordance with the Asset Based Finance Agreement.

Appears in 3 contracts

Sources: Receivables Finance Agreement (Milacron Inc), Receivables Finance Agreement (Milacron Inc), Receivables Finance Agreement (Milacron Inc)

Related Clauses

  • Purpose of the Loan
  • Purpose of Loan
  • PURPOSE OF THE TRUST
  • PURPOSE OF THE CONTRACT
  • Purpose of Loans

Parent Clauses

  • The Facility
  • Purpose
  • THE HOME FINANCING FACILITY
  • UPSTAMPING
  • IBRA’ (REBATE

Sub-Clauses

  • CONDITIONS PRECEDENT
  • DELIVERY OF DRAWDOWN NOTICE
  • REQUIREMENTS FOR A DRAWDOWN NOTICE
  • SUBSCRIBERS TO PROVIDE SHARE OF FUNDING
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