Common use of Application of Advances Clause in Contracts

Application of Advances. Advances of the Revolving Credit shall be available, subject to the terms hereof, to fund working capital needs, the TEMIC Acquisition or other general corporate purposes of the Company and the Permitted Borrowers.

Appears in 1 contract

Sources: Short Term Revolving Credit Agreement (Vishay Intertechnology Inc)

Application of Advances. Advances of the Revolving Credit Advances shall be available, subject to the terms hereof, to fund working capital needs, the TEMIC Acquisition needs or other general corporate purposes of the Company and the Permitted BorrowersCompany.

Appears in 1 contract

Sources: Credit Agreement (Valassis Communications Inc)

Application of Advances. Advances of the Revolving Credit shall be available, subject to the terms hereof, to fund working capital needs, the TEMIC Acquisition or needs and for other general corporate purposes of the Company and the Permitted BorrowersCompany.

Appears in 1 contract

Sources: Credit Agreement (Champion Enterprises Inc)