Common use of Purpose of Loans Clause in Contracts

Purpose of Loans. The proceeds of the Loans shall be used by the Company for general corporate purposes.

Appears in 11 contracts

Samples: Credit Agreement (Dow Jones & Co Inc), Credit Agreement (Dow Jones & Co Inc), Credit Agreement (Dow Jones & Co Inc)

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Purpose of Loans. The proceeds of the Loans shall be used by the Company for general corporate purposespurposes and to repay outstanding Indebtedness.

Appears in 6 contracts

Samples: Credit Agreement (Cit Group Inc), Credit Agreement (Cit Group Inc), Credit Agreement (Cit Group Inc)

Purpose of Loans. The proceeds of the Loans shall be used by the Company Borrower for general corporate purposes.

Appears in 5 contracts

Samples: Credit Agreement (Sba Communications Corp), Credit Agreement (MF Global Holdings Ltd.), Assignment and Assumption (MF Global Ltd.)

Purpose of Loans. The proceeds of the Loans shall be used by the Company and its Subsidiaries solely for general corporate purposespurposes of the Company and its Subsidiaries.

Appears in 4 contracts

Samples: Credit Agreement (Mastercard Inc), Credit Agreement (Mastercard Inc), Credit Agreement (Mastercard Inc)

Purpose of Loans. The proceeds of the Loans shall be used by the Company for general corporate purposespurposes of the Borrower and its Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Phillips 66), Credit Agreement (Phillips 66)

Purpose of Loans. The proceeds of the Loans shall be used by the Company Borrowers for general corporate purposes, including acquisitions.

Appears in 2 contracts

Samples: Credit Agreement (National Home Health Care Corp), Credit Agreement (National Home Health Care Corp)

Purpose of Loans. The proceeds of the Loans shall be used by the Company Borrower for its general corporate purposes.

Appears in 2 contracts

Samples: Collateral Agreement (General Motors Corp), General Motors Corp

Purpose of Loans. (a) The proceeds of the Loans shall Loan will be used by the Company for general corporate purposes.

Appears in 2 contracts

Samples: Credit Agreement (Group Maintenance America Corp), Credit Agreement (Group Maintenance America Corp)

Purpose of Loans. The proceeds of the Loans shall be used by the Company such Borrower for its general corporate purposes.

Appears in 1 contract

Samples: Credit Agreement (General Motors Corp)

Purpose of Loans. The proceeds of the Loans shall be used by the Company for its general corporate purposes.

Appears in 1 contract

Samples: Residential Funding Corp

Purpose of Loans. The proceeds of the Loans shall will be used by the Company for general corporate purposes.

Appears in 1 contract

Samples: Revolving Credit Agreement (Avon Products Inc)

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Purpose of Loans. The proceeds of the Loans shall be used by the Company for general corporate purposes.. 29

Appears in 1 contract

Samples: Credit Agreement (Dow Jones & Co Inc)

Purpose of Loans. The proceeds of the Loans and the Letters of Credit shall be used by the Company for general corporate purposes.

Appears in 1 contract

Samples: Year Credit Agreement (Dow Jones & Co Inc)

Purpose of Loans. The proceeds of the Loans shall be used by the Company ---------------- Borrower for general corporate purposes.

Appears in 1 contract

Samples: Credit Agreement (Conectiv Inc)

Purpose of Loans. The proceeds of the Loans shall be used by ---------------- the Company Borrower for general corporate purposes.

Appears in 1 contract

Samples: Conectiv Inc

Purpose of Loans. The proceeds of the Loans shall be used by the Company for working capital and its general corporate business purposes.

Appears in 1 contract

Samples: Credit Agreement (Residential Capital, LLC)

Purpose of Loans. The proceeds of the Loans shall be used by the Company Borrowers for general corporate purposes.

Appears in 1 contract

Samples: Credit Agreement (Grace W R & Co /Ny/)

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