Common use of Use of Proceeds of Revolving Credit Loans Clause in Contracts

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.

Appears in 2 contracts

Samples: Credit Agreement (Revlon Consumer Products Corp), Credit Agreement (Revlon Consumer Products Corp)

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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 IndebtednessAgreement, repurchasing or redeeming the Sinking Fund Debentures and for general corporate purposes not prohibited hereunder(other than to finance Investments with respect to which the Investment Consideration is more than $5,000,000 in the aggregate).

Appears in 1 contract

Samples: Credit Agreement (Revlon Worldwide Parent Corp)

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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 hereunderpurposes.

Appears in 1 contract

Samples: Credit Agreement (Revlon Consumer Products Corp)

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