Common use of Purpose of Loans and Letters of Credit Clause in Contracts

Purpose of Loans and Letters of Credit. The proceeds of the Loans and Letters of Credit shall be used to finance any lawful general corporate purpose, including acquisitions and working capital.

Appears in 2 contracts

Samples: Credit Agreement (Anthem Inc), 5 Year Credit Agreement (Wellpoint Inc)

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Purpose of Loans and Letters of Credit. The proceeds of the Loans and Letters of Credit shall be used to refinance the Existing Credit Agreement and to finance any lawful general corporate purpose, including acquisitions acquisitions, and working capital.

Appears in 1 contract

Samples: Credit Agreement (Health Net Inc)

Purpose of Loans and Letters of Credit. The proceeds of the Loans and Letters of Credit shall be used to finance any lawful general corporate purpose, including acquisitions and working capital.. ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Wellpoint Health Networks Inc /De/)

Purpose of Loans and Letters of Credit. The proceeds of the Loans and Letters of Credit shall be used to refinance the Existing Credit Agreement and to finance any lawful general corporate purpose, including acquisitions acquisitions, Restricted Payments and working capital.

Appears in 1 contract

Samples: Credit Agreement (Health Net Inc)

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Purpose of Loans and Letters of Credit. The proceeds of the Loans and Letters of Credit shall be used to refinance the Existing Credit Agreement and to finance any lawful general corporate purpose, including acquisitions acquisitions, Restricted Payments, capital expenditures and working capital.

Appears in 1 contract

Samples: Credit Agreement (Health Net Inc)

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