Common use of Use of Proceeds of Bankers' Acceptances Clause in Contracts

Use of Proceeds of Bankers' Acceptances. The proceeds of any Bankers' Acceptance created under this subsection 2.8 shall be used by Canadian Borrower for working capital purposes and general corporate purposes.

Appears in 2 contracts

Sources: Credit Agreement (Homestake Mining Co /De/), Credit Agreement (Homestake Mining Co /De/)