Common use of Use of Loan Proceeds Clause in Contracts

Use of Loan Proceeds. The Borrower shall not use any proceeds of the Loan for any purpose other than those expressly permitted and contemplated by this Agreement, and in no event shall any loan proceeds be used for any purpose that would create or cause a breach, violation or default or event of default hereunder or under any of the other Loan Documents or violation of Regulations T, U or X or any other regulation of the Board of Governors of the Federal Reserve System or to violate Section 7 of the Securities Exchange Act of 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereinafter be in effect.

Use of Loan Proceeds. The Borrower shall not use any proceeds of the Loan for any purpose other than those expressly permitted and contemplated by this Amended and Restated Agreement, and in no event shall any loan proceeds be used for any purpose that would create or cause a breach, violation or default or event of default hereunder or under any of the other Loan Documents or violation of Regulations T, U or X or any other regulation of the Board of Governors of the Federal Reserve System or to violate Section 7 of the Securities Exchange Act of 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereinafter be in effect.

Use of Loan Proceeds. The Borrower shall not use any Permit the proceeds of the any Loan to be used for any purpose other than those expressly the purposes permitted and contemplated by this Agreement, Agreement and in no event shall a manner consistent with the supporting documentation provided to Administrative Agent and/or the Lenders. Neither Borrower nor any loan proceeds be used for Person acting on behalf of Borrower has taken or will take any purpose that would create or action which might cause a breach, violation or default or event of default hereunder or under any of the other Loan Documents or violation of to violate Regulations T, U or X or any other regulation of the Board of Governors of the Federal Reserve System or to violate Section 7 of the Securities Exchange Act of 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereinafter be in effect.