Common use of Use of Proceeds of Advances Clause in Contracts

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.

Appears in 2 contracts

Samples: Credit Agreement (Olympic Steel Inc), Credit Agreement (Olympic Steel Inc)

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Use of Proceeds of Advances. Advances of the Revolving Credit (including Swing Line Advances) shall be available for the working capital needs and general corporate purposes of Company and its Subsidiaries which who are Domestic Guarantors, including the financing of capital expenditures and of working capital needs.

Appears in 2 contracts

Samples: Security Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Credit Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

Use of Proceeds of Advances. Advances of the Revolving Credit (including Swing Line Advances) shall be available for general corporate purposes of Company the Borrowers and its Subsidiaries which are Guarantorstheir respective Subsidiaries, including to fund the financing purchase price and all other costs, fees and expenses due at completion of capital expenditures the Merger and of to fund working capital needs.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Staktek Holdings Inc)

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.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (MSC Software Corp)

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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 and working capital needs of Company and its Subsidiaries which are Guarantors, including the financing of capital expenditures and of working capital needsSubsidiaries. 3.

Appears in 1 contract

Samples: Security Agreement (Quanex Corp)

Use of Proceeds of Advances. Advances of the Revolving Credit (including Swing Line Advances) shall be available for the working capital needs and general corporate purposes of Company and its Subsidiaries which are Guarantors, including the financing of capital expenditures Domestic Guarantors and of working capital needsto fund the Transaction.

Appears in 1 contract

Samples: Credit Agreement (Starcraft Corp /In/)

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