Purpose of Revolving Loans. The Revolving Loan Borrower shall use the proceeds of the Revolving Loans, for Permitted Acquisitions, capital expenditures, its general corporate purposes and to refinance Revolving Swing Line Loans. 4.1.3
Purpose of Revolving Loans. The proceeds of Revolving Loans -------------------------- hereunder shall be used for general corporate purposes, including the build-up of inventory and receivables.
Purpose of Revolving Loans. The proceeds of the Revolving Loans are intended to be and shall be used by the Borrower for working capital and general corporate purposes of the Borrower and its Subsidiaries, including for constructing and renovating the Plant, the purchase of equipment and advertising expenses and paying fees and expenses incurred in connection with this Agreement.
Purpose of Revolving Loans. The Revolving Loan Borrower shall use the proceeds of the Revolving Loans, for its general corporate purposes, and to refinance Revolving Swing Line Loans; provided, however, that in any period of twelve consecutive months, no more than a total of $40,000,000.00 of the proceeds of the Revolving Loans and Revolving Swing Line Loans (net of amounts repaid through refinancing of all or a portion of the purchase price with another lender) may be used by the Revolving Loan Borrower to purchase or enable its Subsidiaries to purchase Real Property.
Purpose of Revolving Loans. The proceeds of the Revolving Loans under the Revolving Credit Agreement shall be used as set forth in Section 3.12 of the Revolving Credit Agreement. Notwithstanding the foregoing, any other use of the proceeds of the Revolving Loans under the Revolving Credit Agreement shall not affect the obligations of the Guarantor hereunder.
Purpose of Revolving Loans. The Revolving Loan Borrower shall use the proceeds of the Revolving Loans, for its general corporate purposes (including to pay the purchase price payable to consummate the DCH Acquisition in accordance with the DCH Acquisition Agreement and to finance the purchase price of Permitted Acquisitions), and to refinance Revolving Swing Line Loans.
Purpose of Revolving Loans. The proceeds of the Revolving Loans hereunder shall be used solely by the Borrower to (a) on the Closing Date to refinance existing Indebtedness of the Borrower under the Existing Credit Agreement and (b) on and after the Closing Date, to (i) pay the redemption price for the Capital Stock of the Borrower pursuant to the Stock Buy-Back Plan and (ii) to provide for ongoing working capital and general corporate purposes (including Acquisitions) of the Borrower and its Subsidiaries.
Purpose of Revolving Loans. The Borrower may use the proceeds of borrowings under the Credit Facility (referred to as “Revolving Borrowings”) for working capital and general business purposes.
Purpose of Revolving Loans. The Borrower will use the proceeds of the Revolving Loans solely (i) to refinance on the Closing Date the indebtedness of the Borrower under the Prior Credit Agreement, (ii) to pay the purchase price for the Acquired Assets and the Purchased Assets, (iii) to pay related fees and expenses in connection with the foregoing and (iv) for general corporate purposes.
Purpose of Revolving Loans. Borrower shall use the proceeds of the Revolving Loans solely to finance used vehicles, for its general corporate purposes and to finance Permitted Acquisitions.
