Common use of Purpose of Facility Clause in Contracts

Purpose of Facility. The Facilities available under this Agreement shall be used by the Borrower for the purpose of working capital of the Borrower or any other purpose in the normal course of business, including the repayment of outstanding indebtedness.

Appears in 4 contracts

Samples: Credit Facility Agreement (Lazare Kaplan International Inc), Credit Facility Agreement (Lazare Kaplan International Inc), Lazare Kaplan International Inc

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Purpose of Facility. The Facilities available under this the Agreement shall be used by the Borrower for the purpose of working capital of the Borrower or any other purpose in the normal course of business, including the repayment of outstanding indebtedness.

Appears in 2 contracts

Samples: Credit Facility Agreement (Lazare Kaplan International Inc), Credit Facility Agreement (Lazare Kaplan International Inc)

Purpose of Facility. The Facilities available under this Agreement shall be used by the Borrower for the purpose of working capital of the Borrower or any other purpose in the normal course of businessofbusiness, including the repayment of outstanding indebtednessofoutstanding indebtness.

Appears in 1 contract

Samples: Credit Facility Agreement (Lazare Kaplan International Inc)

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Purpose of Facility. The Facilities available under this Agreement shall be used by the Borrower for the purpose of working capital of the Borrower or any other purpose in the normal course of business, including the repayment of outstanding indebtednessindebtness??.

Appears in 1 contract

Samples: Credit Facility Agreement (Lazare Kaplan International Inc)

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