Common use of Use of Line of Credit Proceeds Clause in Contracts

Use of Line of Credit Proceeds. Company shall use the proceeds of Advances to provide working capital to fulfill written export orders or contracts from customers outside the U.S. to purchase goods or services from Company.

Appears in 1 contract

Sources: Credit and Security Agreement (Iridex Corp)

Use of Line of Credit Proceeds. Company shall use the proceeds of Advances each Advance to provide working capital to fulfill written export orders or contracts from customers outside the U.S. United States to purchase goods or services from Company.

Appears in 1 contract

Sources: Credit and Security Agreement (Capstone Turbine Corp)