Proceeds of the Loan. The proceeds of the Loan shall be available (and the Borrower agrees that it shall use such proceeds) solely for general corporate purposes of the Guarantor and its Affiliates including without limitation, payment of costs incurred in connection with the Business Combination and repayment of callable debt in conjunction with the Business Combination.
Proceeds of the Loan. Borrower shall apply the Loan Amount solely for the purposes set forth in SECTION 2.3 hereof.
Proceeds of the Loan. The proceeds of the Loan made to the Borrower under this Agreement shall be used by the Borrower to fund future growth, stock repurchases, and other general corporate purposes.
Proceeds of the Loan. The Loan is subject to the provisions hereinafter set forth and shall mature on the Maturity Date. Borrower acknowledges that the net proceeds of the Loan to be received from Lender is in accordance with a loan settlement statement executed at closing by Lender and Borrower (the “Closing Statement”).
Proceeds of the Loan. A. The principal amount of the Loan(s) shall be dispersed to the Borrower on the Funding Date to the bank account of the Borrower as noted in the Drawdown Notice or as specified by the Borrower to the Lender from time to time
B. The proceeds of the Loan(s) to the Borrower will be used by the Borrower for the purpose for which the loan has been granted.
Proceeds of the Loan. The proceeds of the Loan shall be used by the Borrower only for the purposes described in the preamble hereto.
Proceeds of the Loan. The Loan shall have been made by the Lenders to the Borrower pursuant to the Loan Agreement in a principal amount equal to the aggregate of the Lenders' Commitments. 2.2 Proceeds of the Equity Investment. The Investor Participant shall have made the Equity Investment in the Owner Trust.
Proceeds of the Loan. If the Special Dividend Payment Date occurs after the Closing Date, at any time prior to the payment of the Special Dividend, permit any portion of the proceeds of the Loans to be deposited to any account other than one or more deposit accounts maintained with the Administrative Agent or the First Lien Administrative Agent.
Proceeds of the Loan. The proceeds of the Loan shall be used to repay the Debentures, the Interest Adjustment Amount and the Lender’s reasonable legal fees and expenses.
Proceeds of the Loan. On the Closing Date, the proceeds of the Loan shall be applied by Borrower, either directly or by making a capital contribution to Opco to (i) finance the consideration payable on the Closing Date in connection with the ACN Acquisition, (ii) fund the payment of the conversion price to dissenting stockholders of Borrower in connection with the approval of the ACN Acquisition and (iii) pay Transaction Costs.
