Acquisition Loan. The Borrower will apply the proceeds of the Acquisition Loan solely to finance acquisitions permitted pursuant to Section 2.1 and to finance capital expenditures for additions or improvements to the assets of the Borrower (as distinguished from maintenance capital expenditures).
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Samples: Credit Agreement (Heritage Propane Partners L P), Credit Agreement (Heritage Propane Partners L P), Credit Agreement (Energy Transfer Partners Lp)
Acquisition Loan. The Borrower will apply the proceeds of the Acquisition Loan solely to finance acquisitions permitted pursuant to Section 2.1 and to finance capital expenditures for additions or improvements to the assets of the Borrower (as distinguished from maintenance capital expenditures); provided, that the amount of capital expenditures so financed in any fiscal year of the Borrower shall not exceed $4,000,000.
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