12Use of Proceeds. The Borrower will, and will cause each of its Subsidiaries to, use the proceeds of the (a) Existing Note for general corporate purposes of the Borrower and its Subsidiaries (including, without limitation, to repay existing Indebtedness of iSTAR) not in contravention of any Law or of any Loan Document, and (b) Loans under any Incremental Commitment solely to satisfy any Collateral Shortfall under the Margin Loan Facility.
12Use of Proceeds. The proceeds of (i) the Term A-1 Loans shall be used to refinance the outstanding principal balance of the revolver loans advanced to the Borrower under that certain Fourth Amended and Restated Credit Agreement dated as of December 19, 2014, among the Borrower, CoBank, as administrative agent, the other loan parties party thereto, and the other lenders party thereto, and (ii) the Revolving A-1 Loans shall be used to provide working capital and Letters of Credit from time to time for the Borrower and its Subsidiaries and for other general corporate purposes. The Loan Parties will use the Letters of Credit and the proceeds of the Loans only in accordance with Sections 5.11 and 5.24 and as permitted by applicable Law.
12Use of Proceeds. Shall use the proceeds of the Initial Term Loans (x) to consummate the Transactions, (y) to pay Transaction Costs and (z) for general corporate purposes, including (without limitation), (1) to redeem, repurchase, defease, acquire or satisfy the Senior Notes (including all accrued and unpaid interest, fees and premiums (including tender premiums) (if any) in connection therewith), (2) to acquire, retire, purchase or redeem warrants or Equity Interests in the Borrower or Holdings, (3) to pay fees, costs and expenses incurred or payable in connection with the foregoing and (4) for working capital.
12Use of Proceeds. (a) The Borrower will use the proceeds of the Revolving Facility Loans and Swingline Loans, and may request the issuance of Letters of Credit, solely for general corporate purposes (including, without limitation, in the case of Letters of Credit, for the back-up or replacement of existing letters of credit). The Borrower will use the proceeds of Sustainability Loans in compliance with the Sustainability Financing Framework.
(b) The Borrower will use the proceeds of the Initial Term Loans incurred on or prior to the Closing Date, together with the proceeds of the Equity Raise, to effect the Closing Date Refinancing and the other Transactions, including payment of the Transaction Costs.
12Use of Proceeds. The proceeds of the Loans shall be used to effect the Transactions and for general corporate (including working capital) purposes of the Parent Companies and their Subsidiaries not prohibited by this Agreement.
12Use of Proceeds. No Loan Party shall use the proceeds of any Credit Extension, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or carry margin stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose.
12Use of Proceeds. (a) The Borrower will use the proceeds of the Revolving Facility Loans solely for general corporate purposes (including for Permitted Business Acquisitions and Capital Expenditures), (b) the Borrower will use the proceeds of the Term B Loans made on the Closing Date to finance the Transactions (including the payment of the Closing Date Dividend) and for the payment of Transaction Expenses, (c) the Borrower will use the proceeds of the Term B-1 Loans made on the First Incremental Assumption and Amendment Agreement Effective Date to finance in part the 2018 Specified Restricted Payment and pay fees and expenses in connection with the 2018 Specified Restricted Payment, the execution and delivery of the First Incremental Assumption and Amendment Agreement and the borrowing of the Incremental Term B-1 Loans and (d) the Borrower will use the proceeds of the Term B-2 Loans made on or after the Fourth Incremental Assumption and Amendment Agreement Effective Date for general corporate purposes (but not for any Investments in any Subsidiary that is not a Loan Party). The proceeds of the Revolving Facility Loans made on the Closing Date shall be used solely for purposes of cash collateralizing letters of credit issued under the Existing Credit Agreement.
12Use of Proceeds. The Company shall use the proceeds of the Loans and the Letters of Credit for working capital, capital equipment, and other general corporate purposes, including the repayment of the loans outstanding as of the Closing Date under the Existing Syndicated Credit Agreement, so long as such usage is not in contravention of any Requirement of Law or of any Loan Document.
12Use of Proceeds. Advances will be used by Borrower solely to pay fees, costs and expenses payable under the Loan Documents, and for other proper working capital and other business purposes of Borrower as determined by Borrower in its reasonable discretion.
12Use of Proceeds. The Borrower will use the proceeds of the Loans to (i) pay fees and expenses in connection with the Transactions and (ii) finance general corporate and working capital purposes (including for Capital Expenditures, Permitted Acquisitions, other Investments, Dividends and Restricted Debt Payments permitted hereunder).
