Use of Proceeds of Advances Sample Clauses

Use of Proceeds of Advances. Advances of the Revolving Credit shall be used to finance working capital and other lawful corporate purposes.
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Use of Proceeds of Advances. Each Borrower will use the proceeds of the Advances solely for general corporate purposes.
Use of Proceeds of Advances. Use the proceeds of each Advance solely for the purpose set forth in Section 2.1(b) for Advances of that type.
Use of Proceeds of Advances. Use the proceeds of each Advance solely for the purpose of financing or purchasing Pledged Mortgages, including the issuance of Mortgage-backed Securities based thereon.
Use of Proceeds of Advances. Borrower will use proceeds of Advances only for the purposes described in Section 2.16(b).
Use of Proceeds of Advances. The Borrower will use the proceeds of the Advances for general corporate purposes, including, without limitation, for the acquisition of Margin Stock.
Use of Proceeds of Advances. Use the proceeds of each Advance solely for the applicable purpose stated in SECTION 2.4 and for no other purpose.
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Use of Proceeds of Advances. Advances of the Revolving Credit (including Swing Line Advances) shall be available for general corporate purposes of Company and its Subsidiaries which are Guarantors, including the financing of capital expenditures and of working capital needs.
Use of Proceeds of Advances. The Borrower shall use the proceeds of Advances solely to purchase (i) Receivables, (ii) the related Receivable Document Package and other receivable records with respect to such Receivable, (iii) related rights and benefits of “lender” under such Receivable Documents, (iv) servicing rights, (v) collections thereof, (vi) proceeds of any of the foregoing, and (vii) any other assets described in the Receivables Purchase Agreement and to pay fees and expenses related to the Facility and ownership of the foregoing that are permitted under the Transaction Documents.
Use of Proceeds of Advances. The proceeds of the Advances shall be available (and each Borrower agrees that it shall use such proceeds) for general corporate purposes of Holdings and its Subsidiaries, including, without limitation, for acquisitions, capital expenditures, cash dividends, payment of any of the Obligations, and stock and bond repurchases.
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