3Use of Proceeds. Borrower shall use the proceeds of the Loan (i) to refinance on the Closing Date, prior indebtedness, (ii) for working capital purposes and other corporate purposes, and (iii) to pay any fees associated with transactions contemplated under this Agreement and the other Loan Documents. β
Appears in 3 contracts
Samples: Guarantee and Security Agreement (Williams Industrial Services Group Inc.), Loan, Guarantee and Security Agreement (Williams Industrial Services Group Inc.), Guarantee and Security Agreement (Williams Industrial Services Group Inc.)
3Use of Proceeds. Borrower shall use the proceeds of the Loan (i) to refinance on the Closing Date, prior indebtedness, (ii) for working capital purposes and other corporate purposes, and (iii) to pay any fees associated with transactions contemplated under this Agreement and the other Loan Documents. β.
Appears in 2 contracts
Samples: Guarantee and Security Agreement (Williams Industrial Services Group Inc.), Guarantee and Security Agreement (Williams Industrial Services Group Inc.)
