Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.
Appears in 2 contracts
Sources: Credit Agreement (Pennzoil Quaker State Co), Credit Agreement (Pennzenergy Co)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and other general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements obligations of the Borrower and its Subsidiariesor any Subsidiary incurred in the ordinary course of business.
Appears in 2 contracts
Sources: Credit Agreement (Seagate Technology), Credit Agreement (Seagate Technology)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used used, and Letters of Credit will be issued, only for working capital and general corporate purposespurposes of the Company and its Subsidiaries including acquisitions otherwise permitted hereunder. No part of the proceeds of any Loan and no Letter of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only X as in effect from time to support the general corporate requirements of the Borrower and its Subsidiariestime.
Appears in 2 contracts
Sources: Credit Agreement (Brunswick Corp), Credit Agreement (Brunswick Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of the Borrower and its Subsidiaries. No part of the proceeds of any Loan and no Letters of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations regulations of the Board, including including, without limitation, Regulations T, U and X. Letters of Credit will be issued only to support the for general corporate requirements purposes of the Borrower and its Subsidiaries.
Appears in 2 contracts
Sources: 364 Day Credit Agreement (Cambrex Corp), Credit Agreement (Cambrex Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and the general corporate purposespurposes (including share repurchases and Permitted Acquisitions) of the Borrower and its Restricted Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to in support the general corporate requirements of the Borrower and its Subsidiariesforegoing purposes.
Appears in 2 contracts
Sources: Credit Agreement (Groupon, Inc.), Credit Agreement (Groupon, Inc.)
Use of Proceeds and Letters of Credit. The proceeds of the Loans and Letters of Credit will be used only for working capital and general corporate purposespurposes of the U.S. Borrower and its Subsidiaries in the ordinary course of business. No part of the proceeds of any Loan nor any Letter of Credit will be used, whether directly or indirectly, for any purpose or in any manner that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 2 contracts
Sources: Credit Agreement (Perrigo Co), Credit Agreement (Perrigo Co)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, to purchase or carry Margin Stock or for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements ordinary course of business operations of the Borrower and its Subsidiaries.
Appears in 2 contracts
Sources: Credit Agreement (Manitowoc Co Inc), Credit Agreement (Manitowoc Co Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans and other Credit Events will be used only for working capital general lawful corporate purposes of the Borrower and general corporate purposesits Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Viatris Inc), Revolving Credit Agreement (Viatris Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, U and X. Letters of Credit will be issued only to support the general corporate requirements obligations of the Borrower and its SubsidiariesCompany incurred in the ordinary course of business.
Appears in 2 contracts
Sources: Credit Agreement (Fort James Corp), Credit Agreement (Fort Howard Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. Letters The Borrower shall use the proceeds of Credit will be issued the Loans only to support the for refinancing of existing Indebtedness, working capital needs and general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 2 contracts
Sources: Credit Agreement (Home Properties Inc), Credit Agreement (Home Properties Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate proper business purposes. No part of the proceeds of any Loan and no Letter of Credit will be used, whether directly or indirectly, or for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 2 contracts
Sources: Credit Agreement (Material Sciences Corp), Credit Agreement (Material Sciences Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes, including, without limitation, refinance of existing debt, working capital, capital expenditures, and acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements purposes, including, without limitation, refinance of the Borrower existing debt, working capital, and its Subsidiariescapital expenditures.
Appears in 2 contracts
Sources: Credit Agreement (Cornell Companies Inc), Credit Agreement (Cornell Companies Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes, including support of commercial paper issued by the Company and reimbursement of LC Disbursements. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations Regulation U or X of the Board, including Regulations U and X. . Letters of Credit will be issued used only to support the general corporate requirements obligations of the Borrower Company and its SubsidiariesSubsidiaries in the ordinary course of business.
Appears in 2 contracts
Sources: Five Year Revolving Credit Agreement (Fortune Brands Inc), Five Year Revolving Credit Agreement (Fortune Brands Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans and the Letters of Credit will be used only for working capital and general corporate purposespurposes of the Borrower not in contravention of any Requirement of Law or of any Loan Document. No part of the proceeds of any Loan or of any Letter of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 2 contracts
Sources: Credit Agreement (Tucson Electric Power Co), Credit Agreement (Tucson Electric Power Co)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for the working capital and other general corporate purposespurposes of the Borrower and its Subsidiaries (including the payment of costs, fees and expenses related to the Related Transactions). No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements purposes of the Borrower and its Subsidiaries.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. The Letters of Credit will be issued only to support the used for general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of ------------------------------------- the Loans Loans, and the Letters of Credit issued hereunder, will be used only for working capital and general corporate purposespurposes of the Company and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Sources: Credit Agreement (Griffon Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, U and X. Letters of Credit will be issued only to support the general corporate requirements Revenue Bonds set forth on Schedule 2.05 for such Letters of the Borrower and its SubsidiariesCredit.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements Revenue Bonds set forth on Schedule 2.05 for such Letters of the Borrower and its SubsidiariesCredit.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the for general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Sources: Credit Agreement (Macy's, Inc.)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the BoardFRB, including Regulations T, U and X. Letters of Credit will be issued only to support for the Company’s general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No purposes (including as a commercial paper backstop); provided that no part of the proceeds of any Loan will be used, whether directly or indirectly, for any the purpose that entails a violation of any of purchasing or carrying "margin stock" (as defined in the Regulations of the Board, including Regulations U and X. ). Letters of Credit will be issued only to support the general corporate requirements standby obligations of the Borrower and its SubsidiariesBorrower.
Appears in 1 contract
Sources: Credit Agreement (Bellsouth Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued requested only to support the for general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Sources: 5 Year Revolving Credit Agreement (Diamond Offshore Drilling Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes and Permitted Acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, to finance an acquisition other than a Permitted Acquisition or for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the for general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and the general corporate purposespurposes of the Borrower and its Subsidiaries, including the financing of working capital, in the ordinary course of business. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements purposes of the Borrower and its Subsidiaries.
Appears in 1 contract
Sources: Credit Agreement (Sauer Danfoss Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used used, and Letters of Credit will be issued, only for working capital and general corporate purposespurposes of the Borrower and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only X as in effect from time to support the general corporate requirements of the Borrower and its Subsidiariestime.
Appears in 1 contract
Sources: Credit Agreement (Brunswick Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes, including Permitted Acquisitions and share repurchases. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and other general corporate purposespurposes of the Borrower and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements obligations of the Borrower and its Subsidiariesor any Subsidiary incurred in the ordinary course of business.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Sources: 5 Year Revolving Credit Agreement (Pioneer Natural Resources Co)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used used, and Letters of Credit will be issued, only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Sources: Credit Agreement (Mallinckrodt PLC)
Use of Proceeds and Letters of Credit. The proceeds of the Loans and Letters of Credit will be used only for working capital and general corporate purposes. No purposes (including any transaction not prohibited by the Loan Documents); provided that no part of the proceeds of any Loan Loan, and no Letter of Credit, will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations Regulation U or X of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.
Appears in 1 contract
Sources: Credit Agreement (KKR & Co. L.P.)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used used, and Letters of Credit will be issued, only for working capital and general corporate purposespurposes of the Company and its Subsidiaries including acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only X as in effect from time to support the general corporate requirements of the Borrower and its Subsidiariestime.
Appears in 1 contract
Sources: Credit Agreement (Brunswick Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes (including to back-stop commercial paper issued by the Borrower). No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Use of Proceeds and Letters of Credit. (a) The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the for general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Sources: Credit Agreement (Macy's, Inc.)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes, including the repayment of intercompany obligations in connection with the Spin-Off and acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for general corporate purposes, including working capital and general corporate purposescapital expenditures. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the for general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Sources: Credit Agreement (Great Atlantic & Pacific Tea Co Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of the Borrower. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of ------------------------------------- the Loans will be used only to pay all amounts outstanding under the Existing Credit Agreement and for working capital and general corporate purposespurposes of the Borrower and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters Each Letter of Credit will be issued only to support a transaction that is entered into the general corporate requirements ordinary course of the Borrower and Borrower's or any of its Subsidiaries' business.
Appears in 1 contract
Sources: Credit Agreement (Global Industrial Technologies Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and other general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support import or other needs in the general corporate requirements ordinary course of the Borrower and its Subsidiariesbusiness.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes, including to finance the Acquisition and pay fees and expenses related to the Acquisition and any financings (including under the Credit Documents) related thereto. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Sources: Revolving Credit Agreement (Corn Products International Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of the Company and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to in support the general corporate requirements of the Borrower and its Subsidiariesforegoing purposes.
Appears in 1 contract
Sources: Credit Agreement (Molex Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes, to provide back-up support for commercial paper issued by the Borrower and for the issuance of Letters of Credit. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, T, U and X. Letters The Borrower shall use the proceeds of Credit will be issued the Loans only to support the for refinancing of existing Indebtedness, working capital needs and general corporate requirements purposes. Table of the Borrower and its Subsidiaries.Contents
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of the Borrower and its Subsidiaries, including the refinancing of the Existing Credit Agreement. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the all Loans will be used only for working capital and general corporate purposes, including acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the for general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Sources: Credit Agreement (Yum Brands Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans and the Letters of Credit will be used only for working capital and general corporate purposespurposes of the Borrower and the Subsidiaries. No part of the proceeds of any Loan or of any Letter of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of Borrower in the ordinary course of business. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements purposes of Borrower in the Borrower and its Subsidiariesordinary course of business.
Appears in 1 contract
Sources: Credit Agreement (Central Vermont Public Service Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposesrequirements of the Borrower and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any law, rule or regulation of any Governmental Authority, including the Regulations of the Board, including Regulations G, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.
Appears in 1 contract
Sources: Credit Agreement (R&b Falcon Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for general corporate purposes, including working capital and general corporate purposesacquisitions permitted hereby. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of -------------------------------------- the Loans will be used only for working capital and other general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements obligations of the Borrower and its Subsidiariesor any Subsidiary incurred in the ordinary course of business for general corporate purposes.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans and Letter of Credit will be used only for working capital and general corporate purposes, including acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Sources: Credit Agreement (Idx Systems Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes, including Permitted Acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for general corporate purposes, including working capital and general corporate purposesacquisitions permitted hereby. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will shall be issued only used solely to support the general corporate requirements ordinary course obligations of the Borrower Parent and its Subsidiaries.
Appears in 1 contract
Sources: Credit Agreement (Argo Group International Holdings, Ltd.)
Use of Proceeds and Letters of Credit. The proceeds of -------------------------------------- the Loans will be used only for working capital and other general corporate purposespurposes (including acquisitions) of the Borrowers. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the working capital and other general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the all Loans will be used only for working capital and general corporate purposes, including acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the for general corporate requirements of the Borrower and its Subsidiariespurposes, including acquisitions.
Appears in 1 contract
Sources: Credit Agreement (Yum Brands Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of the Company and its Subsidiaries, including the refinancing of existing bilateral lines of credit. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to in support the general corporate requirements of the Borrower and its Subsidiariesforegoing purposes.
Appears in 1 contract
Sources: Credit Agreement (Molex Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of the Company and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements purposes of the Borrower Company and its Subsidiaries.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of the Borrower and its Subsidiaries, including, without limitation, for investments, acquisitions, capital expenditures and as a commercial paper backstop (in each case to the extent not otherwise prohibited by the terms of this Agreement). No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued requested only to support the for general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Sources: 5 Year Revolving Credit Agreement (Diamond Offshore Drilling Inc)
Use of Proceeds and Letters of Credit. The -------------------------------------------- proceeds of the Loans will be used only for working capital and general corporate purposes, including but not limited to capital expenditures. No part of the proceeds of any Loan will be used, whether directly or indirectly, to purchase or carry "margin stock" (as defined by Regulation U) or for any purpose that entails a violation of any of the Regulations of the Board, including Regulations G, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Sources: Credit Agreement (Triton Energy LTD)
Use of Proceeds and Letters of Credit. The proceeds ------------------------------------- of the Loans will be used only for working capital and general corporate purposes, including negotiated acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiariesordinary course business opera tions.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital Permitted Acquisitions and general corporate purposespurposes of the Borrower and the Guarantors. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Sources: Credit Agreement (National Medical Health Card Systems Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of the Company and its Subsidiaries. No part of the proceeds of any Loan and no Letters of Credit will be used, whether directly or Credit Agreement indirectly, for any purpose that entails a violation of any of the Regulations regulations of the Board, including including, without limitation, Regulations T, U and X. Letters of Credit will be issued only to support the for general corporate requirements purposes of the Borrower Company and its Subsidiaries.
Appears in 1 contract
Sources: Credit Agreement (Cambrex Corp)
Use of Proceeds and Letters of Credit. The proceeds of the ------------------------------------- Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Sources: Credit Agreement (Nationwide Health Properties Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used used, and Letters of Credit will be issued, only for working capital and general corporate purposespurposes of Borrower. No part of the proceeds of any Loan and no Letter of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Sources: Credit Agreement (Koss Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans ------------------------------------- Loans, and the Letters of Credit issued hereunder, will be used only for working capital and general corporate purposespurposes of the Company and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Sources: Credit Agreement (Griffon Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support for the Borrower’s general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for the Transactions and for working capital and general corporate purposespurposes of the Borrower and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements purposes of the Borrower and its Subsidiaries.
Appears in 1 contract
Sources: Revolving Credit Agreement (Marathon Petroleum Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital, capital expenditures, Permitted Acquisitions and for other general corporate purposespurposes of the Company and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Sources: Credit Agreement (Heidrick & Struggles International Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposes, including Permitted Acquisitions of the Borrower and its Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to in support the general corporate requirements of the Borrower and its Subsidiariesforegoing permitted purposes.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of the Borrower and the Subsidiaries. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements purposes of the Borrower and its the Subsidiaries.
Appears in 1 contract
Sources: Revolving Credit Agreement (Marathon Petroleum Corp)
Use of Proceeds and Letters of Credit. The proceeds of the Loans and Acceptances will be used only for working capital and general corporate purposes, including Working Capital and acquisitions and Capital Expenditures. No part of the proceeds of any Loan or Acceptance will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the for general corporate requirements of the Borrower and its Subsidiariespurposes.
Appears in 1 contract
Sources: Credit Agreement (Great Atlantic & Pacific Tea Co Inc)
Use of Proceeds and Letters of Credit. The proceeds of the Loans and the Letters of Credit will be used only for working capital and general corporate purposes. No part of the proceeds of any Loan or of any Letter of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations regulations of the Board, including Regulations U and X. Letters of Credit will be issued only to support the general corporate requirements of the Borrower and its Subsidiaries.X.
Appears in 1 contract
Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only for working capital and general corporate purposespurposes of the respective Borrowers and their Subsidiaries in the ordinary course of business. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X. Letters of Credit will be issued only to support the general corporate requirements obligations of the Borrower respective Borrowers and its Subsidiariestheir Subsidiaries in the ordinary course of business.
Appears in 1 contract