Purpose of the Loans. The Loans shall be used (a) to refinance certain indebtedness of the Borrower, and (b) for purposes of funding working capital, capital expenditures, and other corporate purposes of the Borrower and its Subsidiaries.
Appears in 6 contracts
Samples: Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)
Purpose of the Loans. The Loans shall be used (a) to refinance certain indebtedness of the Borrower, and (b) for purposes of funding working capital, capital expenditures, and other corporate purposes of the Borrower and its SubsidiariesBorrower.
Appears in 1 contract
Samples: Credit Agreement (Otter Tail Corp)
