Use of Proceeds of the Loans. The proceeds of each advance under the Loans shall be used by the Borrowers for Permitted Uses, and for no other purposes except as may otherwise be agreed by the Lender in writing. The Borrowers shall use the proceeds of the Loans promptly.
Use of Proceeds of the Loans. The proceeds of each Loan shall be used by the Borrower and the Subsidiary Guarantors for Permitted Uses, and for no other purposes except as may otherwise be agreed by the Requisite Lenders in writing.
Use of Proceeds of the Loans. Proceeds from the Loans shall be used only for those purposes set forth in this Agreement. No part of the proceeds of the Loans shall be used, directly or indirectly, for the purpose of purchasing or carrying any margin stock or for the purpose of purchasing or carrying or trading in any stock under such circumstances as to involve Borrower in a violation of any statute or regulation. In particular, without limitation of the foregoing, no part of the proceeds from the Loans is intended to be used to acquire any publicly-held stock of any kind.
Use of Proceeds of the Loans. The proceeds of the Loans may be ------------------------------ used for general corporate purposes, including share repurchases as permitted hereunder. 44 ================================================================================
Use of Proceeds of the Loans. The proceeds of the Tranche A Term Loans shall be available (and each Borrower agrees that it shall use such proceeds)made by the Initial Tranche A Term Lenders shall be used by the Borrowers to repay existing indebtedness under the ABL Credit Agreement and the proceeds of any other Term Loans shall be used by the Borrowers for general corporate purposes of Holdings and its Subsidiariessubsidiaries, but, in any case, not for any Restricted Payments.
Use of Proceeds of the Loans. The proceeds of the Loans shall be available (and each Borrower agrees that it shall use such proceeds) for general corporate purposes of Holdings and its Subsidiaries, including, without limitation, for Acquisitions, Capital Expenditures, cash dividends, payment of any of the Obligations, and stock and bond repurchases, all to the extent not prohibited under the Loan Documents.
Use of Proceeds of the Loans. Section 3.01. The Borrower shall cause the proceeds of the Loans to be applied to the financing of expenditures on the Project in accordance with the provisions of this Loan Agreement.
Use of Proceeds of the Loans. The Borrowers shall use the proceeds of the Initial Loan to (a) repay Existing Debt, (b) fund working capital needs and (c) to pay fees and expenses incurred in connection with entering into the Loan Documents. The Borrowers shall use the proceeds of the Delayed Draw Loans to (a) repurchase outstanding warrants issued by the Parent Borrower, (b) fund Permitted Acquisitions and (c) pay fees and expenses in connection with the foregoing and with borrowing the Delayed Draw Loans.
Use of Proceeds of the Loans. (a) Use the proceeds of the Loans only for the purposes specified in Section 4.16.
Use of Proceeds of the Loans. The proceeds of each Loan shall be used by the Borrower, Xxxxx UK, NIM Holdings and the Subsidiary Guarantors, as applicable, for Permitted Uses, and for no other purposes except as may otherwise be agreed by the Requisite Lenders in writing.
