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 hereunder shall be used solely by the Borrower to refinance at Closing certain existing indebtedness of the Borrower (the "Refinancing"); to pay at Closing fees and expenses incurred in connection with the Refinancing; and to provide for working capital and general corporate purposes of the Consolidated Parties on and after Closing Date. The Letters of Credit shall be used only for or in connection with appeal bonds, reimbursement obligations arising in connection with surety, reclamation and workers compensation bonds, reinsurance, domestic or international trade transactions and obligations not otherwise aforementioned relating to transactions entered into by the applicable account party in the ordinary course of business.

Purpose of Loans and Letters of Credit. The proceeds of the Loans hereunder shall be used solely by the Borrower (i) to finance or refinance at Closing certain existing indebtedness of the Borrower Stock Repurchase (if any), (ii) for the "Refinancing"); to pay at Closing fees and expenses incurred in connection with the Refinancing; and to provide for working capital and general corporate purposes of the Consolidated Parties on Borrower and after Closing Dateits Domestic Subsidiaries and (iii) to finance acquisitions by the Borrower. The Letters of Credit shall be used only for or in connection with appeal bonds, reimbursement obligations arising in connection with surety, surety and reclamation and workers compensation bonds, reinsurance, domestic or international trade transactions and obligations not otherwise aforementioned relating to transactions entered into by the applicable account party Borrower in the ordinary course of business.

Purpose of Loans and Letters of Credit. The proceeds of the Loans hereunder shall be used solely by the Borrower (i) for working capital, (ii) to make Consolidated Capital Expenditures, (iii) for general corporate purposes, (iv) to refinance at Closing certain existing indebtedness Indebtedness of the Borrower and (the "Refinancing"); v) to pay at Closing fees and expenses incurred in connection with the Refinancing; and to provide for working capital and general corporate purposes of the Consolidated Parties on and after Closing Datemake Permitted Acquisitions. The Letters of Credit shall be used only for or in connection with appeal bonds, reimbursement obligations arising in connection with surety, surety and reclamation and workers compensation bonds, reinsurance, domestic or international trade transactions and obligations not otherwise aforementioned relating to transactions entered into by the applicable account party in the ordinary course of business.

Purpose of Loans and Letters of Credit. The proceeds of the Loans hereunder shall be used solely by the Borrower (i) to refinance at Closing certain existing indebtedness of the Borrower under the Existing Credit Agreement, (ii) to finance the "Refinancing"); to pay at Closing fees Acquisition and expenses incurred in connection with the Refinancing; and to provide (iii) for working capital and general corporate purposes of the Consolidated Parties on and after Closing DateCredit Parties, including any Permitted Acquisitions. The Letters of Credit shall be used only for or in connection with appeal bonds, reimbursement obligations arising in connection with surety, surety and reclamation and workers compensation bonds, reinsurance, domestic or international trade transactions transactions, worker's compensation bonds and obligations not otherwise aforementioned relating to transactions entered into by the applicable account party in the ordinary course of business.