Use of Loan Proceeds. The proceeds of the Revolving Loans shall be used for the Borrower's general business purposes (including, without limitation, acquisitions) in a manner not in conflict with any of the Borrower's covenants in this Agreement.
Appears in 4 contracts
Sources: Revolving Credit Agreement (Alleghany Corp /De), 364 Day Revolving Credit Agreement (Alleghany Corp /De), Revolving Credit Agreement (Alleghany Corp /De)
Use of Loan Proceeds. The proceeds of the Revolving Loans shall be used for the Borrower's general business purposes (includingincluding but not limited to financing acquisitions, without limitation, acquisitionsrefinancing debt and working capital) in a manner not in conflict with any of the Borrower's covenants in this Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Nash Finch Co), Credit Agreement (Nash Finch Co)
Use of Loan Proceeds. The proceeds of the Revolving Loans shall be used by the Borrowers and the Subsidiaries for the Borrower's their general business purposes (including, without limitation, acquisitions) in a manner not in conflict with any of the Borrower's Borrowers' covenants in this Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Pilgrim America Capital Corp), Credit Agreement (Pilgrim America Capital Corp)
Use of Loan Proceeds. The proceeds of the Revolving Loans shall be used for the Borrower's refinancing existing indebtedness and general business purposes (including, without limitation, acquisitions) in a manner not in conflict with any of the Borrower's ’s covenants in this Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Electromed, Inc.), Credit Agreement (Electromed, Inc.)
Use of Loan Proceeds. The proceeds of the Revolving Loans shall be used for the Borrower's ’s general business purposes (including, without limitation, acquisitions) in a manner not in conflict with any of the Borrower's ’s covenants in this Agreement. The proceeds of the Term Loan shall be used to refinancing existing Indebtedness of the Borrower on the Closing Date.
Appears in 1 contract
Sources: Credit Agreement (NGA Holdco, LLC)
Use of Loan Proceeds. The proceeds of the Revolving Loans shall be used for to pay off the Borrower's Existing Loans, for the repurchase of common stock of the Borrower and its Subsidiaries, for working capital, and for other general corporate and/or business purposes (including, without limitation, acquisitions) of the Borrower and its Subsidiaries in a manner not in conflict with any of the Borrower's covenants in this Agreement.
Appears in 1 contract