Common use of Purpose of Credit Facility Clause in Contracts

Purpose of Credit Facility. Borrowers will use proceeds of the Borrowings hereunder for working capital and general business purposes of the Companies and their Unconsolidated Affiliates. No Borrower is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, as amended. No part of the proceeds of any Borrowing will be used, directly or indirectly, for a purpose that violates any Law, including the provisions of Regulation U.

Purpose of Credit Facility. Borrowers Borrower will use proceeds of the Borrowings hereunder for working capital to prepay Indebtedness and general business purposes of the Companies and their Unconsolidated Affiliatestrust purposes. No Borrower is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, as amended. No part of the proceeds of any Borrowing will be used, directly or indirectly, for a purpose that violates any Law, including the provisions of Regulation U.

Purpose of Credit Facility. Borrowers Borrower will use proceeds of the Borrowings hereunder for working capital and general business purposes of the Companies Borrower and their Unconsolidated its Consolidated Affiliates. No Borrower is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, as amended. No part of the proceeds of any Borrowing will be used, directly or indirectly, for a purpose that violates any Law, including the provisions of Regulation U.

Purpose of Credit Facility. Borrowers Borrower will use proceeds of the Borrowings hereunder for working capital and general business purposes of the Companies and their Unconsolidated Affiliates. No Borrower is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, as amended. No part of the proceeds of any Borrowing will be used, directly or indirectly, for a purpose that violates any Law, including the provisions of Regulation U.