Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (i) refinance existing Indebtedness and (ii) provide for working capital and other general corporate purposes, including Permitted Acquisitions and repurchases of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposes.
Appears in 3 contracts
Samples: Credit Agreement (Dollar Tree Stores Inc), Credit Agreement (Dollar Tree Stores Inc), Credit Agreement (Dollar Tree Stores Inc)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (ia) to refinance existing Indebtedness of the Borrower under the Existing Credit Agreements, (b) repurchase stock in the Borrower, (c) to finance acquisitions to the extent permitted under this Credit Agreement and (iid) provide for the working capital, commercial paper back up, capital expenditures and other general lawful corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrower and its Subsidiaries.
Appears in 3 contracts
Samples: Credit Agreement (Autozone Inc), Credit Agreement (Autozone Inc), Credit Agreement (Autozone Inc)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (ia) to refinance existing Indebtedness of the Borrower under existing credit agreements, (b) repurchase stock in the Borrower, (c) to finance acquisitions to the extent permitted under this Credit Agreement and (iid) provide for the working capital, commercial paper back up, capital expenditures and any other general lawful corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrower and its Subsidiaries.
Appears in 3 contracts
Samples: Credit Agreement (Autozone Inc), Credit Agreement (Autozone Inc), Day Credit Agreement (Autozone Inc)
Purpose of Loans. The proceeds of the Loans hereunder shall have been or will be used solely by the Borrower to (i) refinance to repay certain existing Indebtedness and of the Borrower, (ii) to finance Permitted Acquisitions, (iii) to finance the repurchase of Capital Stock of the Borrower as permitted under Section 6.12 and (iv) to provide for working capital and other general corporate purposes, including Permitted Acquisitions and repurchases of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposes.
Appears in 2 contracts
Samples: Credit Agreement (Consolidated Graphics Inc /Tx/), Credit Agreement (Consolidated Graphics Inc /Tx/)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (i) refinance for refinancing existing Indebtedness indebtedness of the Borrower and (ii) provide for the Borrower’s general working capital and other general corporate purposes, purposes including the financing of Permitted Acquisitions and repurchases of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesAcquisitions.
Appears in 2 contracts
Samples: Credit Agreement (Aqua America Inc), Credit Agreement (Aqua America Inc)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (i) refinance existing Indebtedness to pay fees and expenses related to the preparation and negotiation of this Agreement and the other Credit Documents, (ii) provide to refinance and/or repay all Indebtedness outstanding under the New 364-Day Credit Agreement, and (iii) for working capital, capital expenditures and other general lawful corporate purposes, including Permitted Acquisitions and repurchases including, without limitation, the making of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesInvestments permitted under subsection 7.9.
Appears in 2 contracts
Samples: Credit Agreement (L 3 Communications Corp), L 3 Communications Corp
Purpose of Loans. The proceeds of the Revolving Loans hereunder shall be used solely by the Borrower to (i) refinance existing Indebtedness to pay fees and expenses related to the preparation and negotiation of this Agreement and the other Loan Documents, (ii) provide for working capital, capital expenditures and other general lawful corporate purposes, including Permitted Acquisitions including, without limitation, the making of Investments permitted under Section 8.02 and repurchases (iii) to support the issuance of the Capital Stock letters of the Parent Guarantor. The Letters of Credit shall be used credit for general lawful corporate purposes.
Appears in 2 contracts
Samples: Credit Agreement (L 3 Communications Holdings Inc), Credit Agreement (L 3 Communications Corp)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower Borrowers (a) to pay the earnings and profit distribution owing by the Company in connection with the REIT Conversion, (ib) to pay transaction costs and fees associated with the REIT Conversion, (c) to refinance existing Indebtedness and (iid) to provide for working capital capital, commercial paper back up and any other general lawful corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrowers and their Subsidiaries (including, without limitation, Permitted Acquisitions).
Appears in 1 contract
Samples: Credit Agreement (Longview Fibre Co)
Purpose of Loans. The proceeds of the Loans hereunder shall and the Letters of Credit will be used solely by (a) to refinance certain indebtedness of the Borrower arising under the Existing Credit Facility, and to (i) refinance existing Indebtedness pay fees and expenses related thereto and (iib) provide after the Closing Date, for working capital and other for the general corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock Borrower and its Subsidiaries in the ordinary course of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesbusiness.
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Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (i) refinance existing Indebtedness the Existing Credit Agreement and (ii) provide for working capital and retire other general corporate purposes, including Permitted Acquisitions and repurchases debt obligations of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrower.
Appears in 1 contract
Samples: Credit Agreement (Kyphon Inc)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower Borrowers (a) to pay the earnings and profit distribution owing by the Company in connection with the REIT Conversion, (ib) to pay transaction costs and fees associated with the REIT Conversion, (c) to refinance existing Indebtedness (including the Senior Subordinated Notes) and (iid) to provide for working capital capital, commercial paper back up and any other general lawful corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrowers and their Subsidiaries (including, without limitation, Permitted Acquisitions).
Appears in 1 contract
Samples: Credit Agreement (Longview Fibre Co)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (ia) refinance existing Indebtedness the Borrower's Existing Credit Facility, (b) pay the Closing Dividend and (iic) provide for finance the working capital and business requirements (together with any other general corporate purposes, including Permitted Acquisitions and repurchases business activities not prohibited by this Agreement) of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrower and its Subsidiaries.
Appears in 1 contract
Samples: Credit Agreement (Raci Holding Inc)
Purpose of Loans. The proceeds of the Loans hereunder have been and shall be used solely by the Borrower to (i) refinance existing a portion of the Existing Indebtedness and (ii) provide for working capital and other general corporate purposes, including Permitted Acquisitions and repurchases of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposes.
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Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (i) refinance existing Indebtedness Indebtedness, (ii) pay fees, commissions and expenses in connection with this Credit Agreement and (iiiii) provide for working capital and other general corporate purposes, including Permitted Acquisitions and Acquisitions, repurchases of the Capital Stock of the Parent GuarantorParent, and the payment of dividends in accordance with the terms of this Agreement. The Letters of Credit shall be used for general corporate purposes.
Appears in 1 contract
Samples: Credit Agreement (Dollar Tree Inc)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (ia) to refinance existing Indebtedness of the Borrower under existing credit agreements, (b) repurchase stock in the Borrower, (c) to finance acquisitions to the extent permitted under this Credit Agreement and (iid) provide for the working capital, commercial paper back up, capital expenditures and other general lawful corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrower and its Subsidiaries.
Appears in 1 contract
Samples: Credit Agreement (Autozone Inc)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (i) refinance for refinancing existing Indebtedness indebtedness of the Borrower and (ii) provide for the Borrower's general working capital and other general corporate purposes, purposes including the financing of Permitted Acquisitions and repurchases of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesAcquisitions.
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Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (ia) refinance certain existing Indebtedness of the Borrower (including the Existing Credit Facility) and to pay certain fees and expenses related thereto and (iib) provide for working capital and other general corporate purposespurposes of the Credit Parties, including track development, Permitted Acquisitions Investments and repurchases of the Capital Stock of the Parent GuarantorPermitted Acquisitions. The Letters of Credit shall be used only for transactions entered into by the Borrower for general corporate purposes.
Appears in 1 contract
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (ia) refinance certain existing Indebtedness of the Borrower (including the Existing Credit Facility) and to pay certain fees and expenses related thereto, and (iib) provide for working capital and other general corporate purposespurposes of the Credit Parties, including track development, Permitted Acquisitions Investments and repurchases of the Capital Stock of the Parent GuarantorPermitted Acquisitions. The Letters of Credit shall be used only for transactions entered into by the Borrower for general corporate purposes.
Appears in 1 contract
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower (a) to repurchase stock in the Borrower, (ib) to finance acquisitions to the extent permitted under this Credit Agreement, (c) to refinance existing Indebtedness indebtedness to the Lenders and (iid) provide for the working capital, commercial paper back up, capital expenditures and other general lawful corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrower and its Subsidiaries.
Appears in 1 contract
Samples: Day Credit Agreement (Autozone Inc)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (ia) repurchase stock in the Borrower, (b) to finance acquisitions to the extent permitted under this Credit Agreement, (c) to refinance existing Indebtedness indebtedness to the Lenders and (iid) provide for the working capital, commercial paper back up, capital expenditures and other general lawful corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrower and its Subsidiaries.
Appears in 1 contract
Samples: Credit Agreement (Autozone Inc)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (i) refinance existing Indebtedness and to finance the acquisition of new Subsidiaries, (ii) provide to finance loans, advances and other investments by the Borrower and its Subsidiaries to the extent permitted under this Credit Agreement and (iii) for the working capital, capital expenditure and other general corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrower and its Subsidiaries.
Appears in 1 contract
Samples: Credit Agreement (Airgas Inc)
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (ia) refinance existing Indebtedness of the Borrower and to pay certain fees and expenses related thereto, and (iib) provide for working capital and other general corporate purposes, including Permitted Acquisitions and repurchases of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposes.
Appears in 1 contract
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (i) refinance existing Indebtedness and (ii) provide for working capital purposes and other general corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock of Borrower and the Parent Guarantor. The Letters of Credit shall Subsidiaries (it being understood that the Loans may not be used for general corporate purposesused, directly or indirectly, to refinance any Indebtedness described in Section 8.2(c) or 8.2(n) or Section 11.6(a)(i)).
Appears in 1 contract
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (i) refinance existing Indebtedness and (ii) provide for working capital and other general corporate purposes, including Permitted Acquisitions and Acquisitions, repurchases of the Capital Stock of the Parent GuarantorParent, and the payment of dividends in accordance with the terms of this Agreement. The Letters of Credit shall be used for general corporate purposes.
Appears in 1 contract
Purpose of Loans. The proceeds of the Loans hereunder shall be used solely by the Borrower to (ia) to refinance existing Indebtedness of the Borrower under existing credit agreements, (b) repurchase stock in the Borrower, (c) to finance acquisitions to the extent permitted under this Credit Agreement and (iid) provide for the working capital, capital expenditures and other general corporate purposes, including Permitted Acquisitions and repurchases purposes of the Capital Stock of the Parent Guarantor. The Letters of Credit shall be used for general corporate purposesBorrower and its Subsidiaries.
Appears in 1 contract
Purpose of Loans. The proceeds of the Revolving Loans hereunder shall be used solely by the Borrower to (i) refinance repay existing Indebtedness and (ii) to provide for working capital and other general corporate purposes, including Permitted Acquisitions purposes of Borrower and repurchases its Subsidiaries. The proceeds of the Capital Stock of the Parent Guarantor. The Letters of Credit Term Loan shall be used solely to refinance existing term Indebtedness of Borrower and for general corporate purposesno other purpose.
Appears in 1 contract
Samples: Credit Agreement (Immucor Inc)