Use of Proceeds and Letters of Credit. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds of the Loans will be used only for the purposes of:
Appears in 3 contracts
Samples: Credit Agreement (Home Properties of New York Inc), Credit Agreement (Home Properties of New York Inc), Credit Agreement (Home Properties of New York Inc)
Use of Proceeds and Letters of Credit. No Letters of Credit and no part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds of the Loans will be used only for the purposes of:
Appears in 3 contracts
Samples: Credit Agreement (Corporate Property Associates 14 Inc), Credit Agreement (Carey W P & Co LLC), Credit Agreement (Carey W P & Co LLC)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds Letters of Credit will be issued only to support obligations of the Loans will be used only for Company incurred in the purposes of:ordinary course of business.
Appears in 2 contracts
Samples: Credit Agreement (Fort Howard Corp), Credit Agreement (Fort James Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for proper business purposes. No part of the proceeds of any Loan and no Letter of Credit will be used, whether directly or indirectly, or for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds of the Loans will be used only for the purposes of:X.
Appears in 2 contracts
Samples: Joinder Agreement (Material Sciences Corp), Joinder Agreement (Material Sciences Corp)
Use of Proceeds and Letters of Credit. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The Borrower shall use the proceeds of the Loans will be used only for the purposes of:refinancing of existing Indebtedness, working capital needs and general corporate purposes.
Appears in 2 contracts
Samples: Credit Agreement (Home Properties Inc), Credit Agreement (Home Properties Inc)
Use of Proceeds and Letters of Credit. No part of the ------------------------------------- proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. Letters of Credit will be issued only to support performance obligations or escrow deposits or as additional support for other operating purposes and partial credit enhancements for Indebtedness. The proceeds of the Loans Loans, will be used only for the purposes of:
Appears in 2 contracts
Samples: Credit Agreement (Center Trust Inc), Credit Agreement (Haagen Alexander Properties Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds Letters of the Loans Credit will be used issued only for the purposes of:to support general corporate purposes.
Appears in 2 contracts
Samples: Credit Agreement (Nationwide Health Properties Inc), Assignment and Assumption (Ingredion Inc)
Use of Proceeds and Letters of Credit. The proceeds ------------------------------------- of the Loans will be used only for general corporate purposes, including negotiated acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds Letters of the Loans Credit will be used issued only for the purposes of:to support ordinary course business opera tions.
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Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for general corporate purposes of the Borrower. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds of the Loans will be used only for the purposes of:X.
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Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used in accordance with the conditions set forth in Section 3.17. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds Letters of the Loans Credit will be used issued only for the purposes of:to support lawful corporate purposes.
Appears in 1 contract
Samples: Credit Agreement (Radio One, Inc.)
Use of Proceeds and Letters of Credit. The proceeds of the ------------------------------------- Loans will be used only for general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds Letters of the Loans Credit will be used issued only for the purposes of:to support general corporate purposes.
Appears in 1 contract
Samples: Credit Agreement (Nationwide Health Properties Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only to finance the Merger and for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds Letters of Credit will be issued only to support the general corporate purposes of the Loans will be used only for the purposes of:Borrower and its Subsidiaries.
Appears in 1 contract
Samples: Credit Agreement (Service Corporation International)
Use of Proceeds and Letters of Credit. No part of the proceeds of any Loan nor any Letter of Credit will be used, whether directly or indirectly, for any purpose or in any manner that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds of the Loans will be used only for the purposes of:X.
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Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for Permitted Acquisitions and general corporate purposes of the Borrower and the Guarantors. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds of the Loans will be used only for the purposes of:X.
Appears in 1 contract
Samples: Credit Agreement (National Medical Health Card Systems Inc)
Use of Proceeds and Letters of Credit. No Letters of Credit and no part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds of the Loans will be used only for the purposes of:
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Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used for general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The proceeds of the Loans will be used only for the purposes of:X.
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Use of Proceeds and Letters of Credit. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. The Borrower shall use the proceeds of the Loans will be used only for the purposes of:refinancing of existing Indebtedness, working capital needs and general corporate purposes. Table of Contents
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