Common use of Revolving Loan Proceeds Clause in Contracts

Revolving Loan Proceeds. All proceeds of the Revolving Loans incurred hereunder shall be used by the Borrower for ongoing working capital needs and general corporate purposes (other than to voluntarily prepay Term Loans).

Appears in 11 contracts

Samples: Credit Agreement, Credit Agreement (Huntsman CORP), Credit Agreement (Huntsman International LLC)

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Revolving Loan Proceeds. All proceeds of the Revolving Loans incurred hereunder shall be used by the Borrower Borrowers for ongoing working capital needs and general corporate purposes (other than to voluntarily prepay Term Loans)purposes.

Appears in 1 contract

Samples: Credit Agreement (Huntsman Advanced Materials (UK) LTD)

Revolving Loan Proceeds. All proceeds of the Revolving Loans incurred hereunder shall be used by the Borrower for ongoing working capital needs needs, Capital Expenditures and general corporate purposes (other than to voluntarily prepay Term Loans)of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (TNS Inc)

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Revolving Loan Proceeds. All proceeds of the Revolving Loans incurred hereunder shall be used by the Borrower Company and its ------------------------- Subsidiaries for ongoing working capital needs and general corporate purposes (other than to voluntarily prepay Term Loans)purposes.

Appears in 1 contract

Samples: Credit Agreement (Us Can Corp)

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