Common use of Purpose of Loan Clause in Contracts

Purpose of Loan. The proceeds of the Revolving Loan shall be used for general working capital purposes.

Appears in 4 contracts

Samples: Logo] Loan Agreement (Gasonics International Corp), Loan Agreement (Gasonics International Corp), Logo] Loan Agreement (Gasonics International Corp)

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Purpose of Loan. The proceeds of the Revolving Loan shall be used for general working capital and general corporate purposes.

Appears in 4 contracts

Samples: Loan Agreement (Sparta Inc /De), Loan Agreement (Sparta Inc /De), Loan Agreement (Sparta Inc /De)

Purpose of Loan. The proceeds of the Revolving Loan shall be used for Borrower's general corporate purposes and working capital purposescapital.

Appears in 2 contracts

Samples: Loan Agreement (Tekelec), Loan Agreement (Tekelec)

Purpose of Loan. The proceeds of the Revolving Loan shall be used for general working capital purposespurposes and issuance of letters of credit.

Appears in 1 contract

Samples: Logo] Loan Agreement (Printrak International Inc)

Purpose of Loan. The proceeds of the Revolving Loan shall be used for general working capital purposespurpose.

Appears in 1 contract

Samples: Loan Agreement (Image Entertainment Inc)

Purpose of Loan. The proceeds of the Revolving Loan shall be used for general working capital purposespurposes and the proceeds of the Term Loan shall be used for capital additions and tenant improvements.

Appears in 1 contract

Samples: Loan Agreement (Smartflex Systems Inc)

Purpose of Loan. The proceeds of the Reducing Revolving Loan shall be used for general working capital purposes.

Appears in 1 contract

Samples: Loan Agreement (Specialty Laboratories)

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Purpose of Loan. The proceeds of the Revolving Loan shall be used for general working capital purposespurposes and acquisition financing.

Appears in 1 contract

Samples: Loan Agreement (Image Entertainment Inc)

Purpose of Loan. The proceeds of the Revolving Loan shall be used for general working capital and general corporate purposes.

Appears in 1 contract

Samples: Loan Agreement (Aldila Inc)

Purpose of Loan. The proceeds of the Revolving Loan shall be used for general working capital purposespurposes and the proceeds of the Multiple Disbursement Loan shall be used to finance capital expenditures and acquisitions.

Appears in 1 contract

Samples: Loan Agreement (Haskel International Inc)

Purpose of Loan. The proceeds of the Revolving Loan shall be used for general working capital purposes.. 1.5

Appears in 1 contract

Samples: Loan Agreement (Educational Insights Inc)

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