Common use of Application of Advances Clause in Contracts

Application of Advances. Advances of the Revolving Credit (including Swing Line Advances) shall be available, subject to the terms hereof, to fund working capital needs, Permitted Acquisitions, or other general corporate purposes of the Borrowers.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Plastipak Holdings Inc), Credit Agreement (Plastipak Holdings Inc)

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Application of Advances. Advances of the Revolving Credit (including Swing Line Advances) shall be available, subject to the terms hereof, to fund working capital needs, Permitted Acquisitions, Acquisitions or other general corporate purposes of the Borrowers.

Appears in 2 contracts

Samples: Loan Agreement (Autocam Corp/Mi), Autocam Corp/Mi

Application of Advances. Advances of the Revolving Credit (including Swing Line Advances) shall be available, subject to the terms hereof, to finance, in part, the Acquisition and all fees, costs and transaction expenses incurred in connection with the Acquisition and shall be available to fund working capital needs, Permitted Acquisitions, Acquisitions or other general corporate purposes of the BorrowersBorrower.

Appears in 2 contracts

Samples: Credit Agreement (Noble International, Ltd.), Credit Agreement (Noble International, Ltd.)

Application of Advances. Advances of the Revolving Credit (including Swing Line Advances) shall be available, subject to the terms hereof, to fund working capital needs, Permitted Acquisitions, or other for general corporate purposes purposes, including the funding of the acquisition of Eligible Properties by the Borrowers, including any reimbursement of any customary due diligence expenditures and closing costs.

Appears in 1 contract

Samples: Revolving Credit Agreement (Capital Automotive Reit)

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Application of Advances. Advances of the Revolving Credit (including Swing Line Advances) shall be available, subject to the terms hereof, to fund working capital needs, Permitted Acquisitions, or other general corporate purposes of the Company and the Permitted Borrowers.

Appears in 1 contract

Samples: Credit Agreement (Vishay Intertechnology Inc)

Application of Advances. Advances of the Revolving Credit (including Swing Line Advances) shall be available, subject to the terms hereof, to fund working capital needs, the Xxxxxxxxx.xxx Acquisition, Permitted Acquisitions, Acquisitions or other general corporate purposes of the BorrowersCompany.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ha Lo Industries Inc)

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