Common use of Use of Credit Clause in Contracts

Use of Credit. The Borrower shall use the proceeds of Borrowings only for the purposes specified in this Agreement.

Appears in 9 contracts

Sources: Term Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp)

Use of Credit. The Borrower shall use the proceeds of Borrowings only for the purposes specified represented in this Agreementagreement.

Appears in 8 contracts

Sources: Credit Agreement (Teppco Partners Lp), Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (Ultrak Inc)

Use of Credit. The Each Borrower shall use the proceeds of Borrowings only for the purposes specified represented in this Agreementagreement.

Appears in 3 contracts

Sources: Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx)

Use of Credit. The Borrower shall, and shall cause the Companies to, use the proceeds of Borrowings only for the purposes specified represented in this Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Affiliated Computer Services Inc), Credit Agreement (Affiliated Computer Services Inc)

Use of Credit. The Borrower shall use the proceeds of Borrowings only for the purposes specified represented in this Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Ultrak Inc), Credit Agreement (Ultrak Inc)

Use of Credit. The Borrower shall use the proceeds of Borrowings the Loan only for the purposes specified represented in this Agreementagreement.

Appears in 1 contract

Sources: Credit Agreement (Foxmeyer Health Corp)

Use of Credit. The Borrower shall use the proceeds of Borrowings only for the purposes specified represented in this Agreementagreement.

Appears in 1 contract

Sources: Revolving Credit Loan Agreement (American Physicians Service Group Inc)

Use of Credit. The Borrower shall use the proceeds of Borrowings the Term Loan only for the purposes specified in this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Teppco Partners Lp)