Common use of Purpose of Advances Clause in Contracts

Purpose of Advances. The proceeds of the Loans under the Credit Agreement shall be used by BLFC solely to either (i) make advances under the Series 2002-1 VFC, (ii) repay Permitted Indebtedness outstanding from time to time or (iii) pay expenses incurred in connection with the Credit Agreement and any Pari Passu Indebtedness.

Purpose of Advances. The proceeds of the Loans under the Credit Agreement shall be used by BLFC solely to either (i) make advances under the Series 2002-1 VFC, (ii) repay Permitted Indebtedness outstanding from time to time or (iii) pay expenses incurred in connection with the Credit Agreement and any Pari Passu Indebtedness. Notwithstanding the foregoing, any other use of the proceeds of the Loans under the Credit Agreement shall not affect the obligations of the Guarantor hereunder.

Purpose of Advances. The proceeds of the Loans under the Credit Agreement shall be used by BLFC solely to either (i) make advances under the Series 2002-1 VFC, (ii) repay Permitted Indebtedness outstanding from time to time or (iii) pay expenses incurred in connection with the Credit Agreement and any Pari Passu Indebtedness.

Purpose of Advances. The proceeds of the Loans under the Credit Agreement shall be used by BLFC solely to either (i) make advances under the Series 2002-1 VFC, (ii) VFC or to repay Permitted Indebtedness outstanding from time to time or (iii) pay expenses incurred in connection with the Credit Agreement and any Pari Passu Indebtednesstime.