Common use of Proceeds of Loans Clause in Contracts

Proceeds of Loans. The Borrower will not permit the proceeds of the Loans to be used for any purpose other than those permitted by Section 7.

Appears in 7 contracts

Samples: Credit Agreement (Chord Energy Corp), Term Loan Agreement (Linn Midwest Energy LLC), Bridge Loan Agreement (Linn Midwest Energy LLC)

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Proceeds of Loans. The Borrower will not permit the proceeds of the Loans to be used for any purpose other than those permitted by Section 78.17.

Appears in 6 contracts

Samples: Credit Agreement (Atlas Energy Group, LLC), Credit Agreement (Atlas Energy Group, LLC), Second Lien Credit Agreement (Atlas Energy Group, LLC)

Proceeds of Loans. The Each Borrower will not permit the proceeds of the Loans to be used for any purpose other than those permitted by Section 79.

Appears in 3 contracts

Samples: Loan and Security Agreement (Par Pacific Holdings, Inc.), Loan Agreement (Key Energy Services Inc), Loan and Security Agreement (Key Energy Services Inc)

Proceeds of Loans. The Borrower will not permit the proceeds of the Loans to be used for any purpose other than those permitted by Section 78.

Appears in 2 contracts

Samples: Credit Agreement (Hydrocarb Energy Corp), Credit Agreement (Baseline Oil & Gas Corp.)

Proceeds of Loans. The Borrower will not permit the proceeds of the Loans to be used for any purpose other than those permitted by Section 78.14.

Appears in 1 contract

Samples: Credit Agreement (Atlas Energy, L.P.)

Proceeds of Loans. The Borrower will not permit the proceeds of the Loans Notes to be used for any purpose other than those permitted by Section 7.

Appears in 1 contract

Samples: Credit Agreement (Approach Resources Inc)

Proceeds of Loans. The Borrower will not permit the proceeds of the Loans to be used for any purpose other than those permitted by Section 78.16.

Appears in 1 contract

Samples: Credit Agreement (Atlas Energy, L.P.)

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Proceeds of Loans. The Borrower will not permit the proceeds of the Loans to be used for any purpose other than those permitted by Section 73.7.

Appears in 1 contract

Samples: Credit Agreement (Brown Tom Inc /De)

Proceeds of Loans. The Borrower will not permit the proceeds of the Loans to be used for any purpose other than those permitted by Section 79.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Key Energy Services Inc)

Proceeds of Loans. The Borrower will not permit the proceeds of the Loans to be used for any purpose other than those permitted by Section 72.

Appears in 1 contract

Samples: Credit Agreement (Hydrocarb Energy Corp)

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