Use of Proceeds from the Loans

Proceeds from the Loans shall be used for the purpose for which the government of Guam is authorized to use and expend moneys as set forth in § 22812 and for payment of expenses relating to the negotiation and execution of the Loans, including, COL4/6/2022 CH. 22 GENERAL FISCAL POLICIES AND CONTROLS without limitation, costs of reproducing documents, legal and accounting fees and charges, commitment and other fees paid to the lenders, costs of credit ratings, fees and other costs, charges and fees in connection with the execution and delivery of the Loans.