Purpose of Credit Facilities. Advances under the Credit Facilities will only be used for the following respective purposes: (a) Advances under the Canadian Revolving Facility will only be used by the Canadian Borrower for general corporate purposes of the Obligors (subject to the terms hereof); (b) Advances under the US Revolving Facility will only be used by the US Borrower for general corporate purposes of the Obligors (subject to the terms hereof); and (c) Advances under the LC Facility will only be used by the Borrowers for general corporate purposes of the Obligors (subject to the terms hereof).
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Samples: Credit Agreement (Just Energy Group Inc.), Credit Agreement (Just Energy Group Inc.)
Purpose of Credit Facilities. Advances under the Credit Facilities will only be used for the following respective purposes:
(a) Advances under the Canadian Revolving Facility will only be used by the Canadian Borrower for general corporate purposes of the Obligors Canadian Borrower (subject to the terms hereof);; and
(b) Advances under the US Revolving Facility will only be used by the US Borrower for general corporate purposes of the Obligors (subject to the terms hereof); and
(c) Advances under the LC Facility will only be used by the Borrowers for general corporate purposes of the Obligors US Borrower (subject to the terms hereof).
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Purpose of Credit Facilities. Advances under the Credit Facilities will only be used for the following respective purposes:
(a) Advances under the Canadian Revolving Facility will only be used by the Canadian Borrower for general corporate purposes of the Obligors (subject to the terms hereof);; and
(b) Advances under the US Revolving Facility will only be used by the US Borrower for general corporate purposes of the Obligors (subject to the terms hereof); and
(c) Advances under the LC Facility will only be used by the Borrowers for general corporate purposes of the Obligors (subject to the terms hereof).
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