Use of Proceeds of Revolving Credit Loans Sample Clauses

Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans hereunder shall be used for the purpose of refinancing certain outstanding Indebtedness of the Company and its Subsidiaries under the Existing Agreement and other existing Indebtedness, and for general corporate purposes not prohibited hereunder.
AutoNDA by SimpleDocs
Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans shall be utilized by the Company only (a) to refinance certain outstanding Indebtedness of the Company and its Subsidiaries and (b) for other general corporate purposes of the Company and its Subsidiaries in the ordinary course of business.
Use of Proceeds of Revolving Credit Loans. Use the proceeds of the Loans for the purposes which are not otherwise prohibited by the terms of this Credit Agreement, including, without limitation, Sections 2.1(b).
Use of Proceeds of Revolving Credit Loans. The proceeds of the ----------------------------------------- Revolving Credit Loans shall be used by the Borrower for financing the general corporate purposes of the Borrower including the financing of Permitted Acquisitions (but expressly excluding the financing of the Stock Repurchase ------------------- Program).
Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans hereunder shall be used for general corporate purposes of the Company and its Subsidiaries not prohibited hereunder.
Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans shall be utilized by the Primary Borrower only (a) to finance the Transaction (including, without limitation, pursuant to the Interim Intercompany Loan), (b) to pay any fees and expenses relating thereto and (c) for other general corporate purposes; provided, however, that not more than $100,000,000 in the aggregate of Revolving Credit Loans may be utilized by the Primary Borrower for the purposes described in clauses (a) and (b) above.
Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans shall be used by the Borrower to finance a portion of the Acquisition and/or to pay related fees and expenses, for working capital and general corporate purposes (including capital expenditures) in the ordinary course of the Borrower's and its Subsidiaries' business.
AutoNDA by SimpleDocs
Use of Proceeds of Revolving Credit Loans. Section 2.10(a) of the Credit Agreement is hereby amended and restated to read in its entirety as follows:
Use of Proceeds of Revolving Credit Loans. (a) The proceeds of the Revolving Credit Loans shall be used by the Borrowers for working capital and general corporate purposes in the ordinary course of the Borrowers' and their Subsidiaries' business and consistent with the Budget.
Use of Proceeds of Revolving Credit Loans. Only use the proceeds of the Revolving Credit Loans for Permitted Uses.
Time is Money Join Law Insider Premium to draft better contracts faster.