Common use of Permitted Purposes Of Revolving Credit Loans Clause in Contracts

Permitted Purposes Of Revolving Credit Loans. The proceeds of the Revolving Credit Loans shall be used by the Borrowers solely for the general working capital needs and for the general corporate purposes of the Borrowers and their Subsidiaries, including for Permitted Acquisitions and issuances of Letters of Credit.

Appears in 5 contracts

Samples: Credit Agreement (Lazydays Holdings, Inc.), Credit Agreement (Lazydays Holdings, Inc.), Credit Agreement (Lazydays Holdings, Inc.)

AutoNDA by SimpleDocs

Permitted Purposes Of Revolving Credit Loans. The proceeds of the Revolving Credit Loans shall be used by the Borrowers Borrower solely for the general working capital needs and for the general corporate purposes of the Borrowers Borrower and their its Subsidiaries, including for Permitted Acquisitions and issuances of Letters of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Martek Biosciences Corp), Credit Agreement (Martek Biosciences Corp)

Permitted Purposes Of Revolving Credit Loans. The proceeds of the Revolving Credit Loans shall be used by the Borrowers solely for the general working capital needs and for the general corporate purposes of the Borrowers and their Subsidiaries, including for Permitted Acquisitions and issuances of Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Lazydays Holdings, Inc.)

AutoNDA by SimpleDocs

Permitted Purposes Of Revolving Credit Loans. The proceeds of the Revolving Credit Loans shall be used by the Borrowers Borrower solely for the general working capital needs and for the general corporate purposes of the Borrowers and their Subsidiaries, Working Capital Purposes (including for to finance Permitted Acquisitions (and issuances of Letters of Creditthe closing costs, fees and expenses associated therewith).

Appears in 1 contract

Samples: Credit Agreement (CrossAmerica Partners LP)

Time is Money Join Law Insider Premium to draft better contracts faster.