Common use of Proceeds of Revolving Credit Loans Clause in Contracts

Proceeds of Revolving Credit Loans. The Company shall use the proceeds of Revolving Credit Loans solely (a) for the purposes described in subsection 2.3, (b) for financing general working capital needs of the Company or any of its Subsidiaries, and (c) for other general corporate purposes of the Company or any of its Subsidiaries, all in accordance with the terms and conditions hereof.

Appears in 2 contracts

Samples: Credit Agreement (Gulfstream Aerospace Corp), Credit Agreement (Gulfstream Aerospace Corp)

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Proceeds of Revolving Credit Loans. The Company shall use the proceeds of Revolving Credit Loans solely (a) for the purposes described as set forth in subsection 2.3, (b) for financing general corporate and working capital needs purposes of the Company or any of and its Subsidiaries, Subsidiaries and (c) for other general corporate purposes of the Company or any of its Subsidiaries, all in accordance with the terms and conditions hereofto finance acquisitions permitted by subsection 9.6(g).

Appears in 1 contract

Samples: Credit Agreement (Werner Holding Co Inc /Pa/)

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Proceeds of Revolving Credit Loans. The Company shall use the proceeds of Revolving Credit Loans solely (a) for the purposes described in subsection 2.3, (b) for financing general working capital needs purposes, to finance capital expenditures and interest obligations of the Company or any of and its Subsidiaries, to finance acquisitions permitted by subsection 8.6(g) and (c) for other general corporate purposes (other than repurchases of the Company or any of its Subsidiaries, all in accordance with the terms and conditions hereofSubordinated Debt).

Appears in 1 contract

Samples: Credit Agreement (Falcon Building Products Inc)

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