Use of Loan Proceeds. Shall use the proceeds of the Loan only for the commercial purposes permitted herein or otherwise permitted by the Bank and furnish the bank all evidence that it may reasonably require with respect to such use.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Nobility Homes Inc), Revolving Credit Agreement (Nobility Homes Inc), Revolving Credit Agreement (Nobility Homes Inc)
Use of Loan Proceeds. Shall use the proceeds of the Loan only for the commercial purposes permitted herein or otherwise permitted by the Bank and furnish the bank Bank all evidence that it may reasonably require with respect to such use.
Appears in 4 contracts
Samples: Revolving Credit and Security Agreement (Nstor Technologies Inc), Term Loan and Security Agreement (Able Telcom Holding Corp), Revolving Credit and Security Agreement (Advanced Communication Systems Inc)
Use of Loan Proceeds. Shall use the proceeds of the Loan Loans only for the commercial purposes permitted herein or otherwise permitted by the Bank and furnish the bank Bank all evidence that it may reasonably require with respect to such use.
Appears in 3 contracts
Samples: Acquisition Facility and Revolving Credit Facility Agreement (Continucare Corp), Term Loan, Revolving Credit and Security Agreement (Able Telcom Holding Corp), Acquisition Facility and Revolving Credit Facility Agreement (Continucare Corp)
Use of Loan Proceeds. Shall use the The proceeds of the Loan Loans shall be used only for the commercial purposes permitted herein or otherwise permitted by the Bank and Borrower shall furnish the bank Lender all evidence that it may reasonably require with respect to such use.
Appears in 1 contract
Use of Loan Proceeds. Shall use the proceeds of the Loan only Loans solely for the commercial following purposes permitted herein or otherwise permitted by the and shall furnish Bank and furnish the bank all evidence that it Bank may reasonably require with respect to such useuses: (i) for the payment of ClientLogic Deferred Payments and (ii) otherwise solely for the Borrower's working capital and general corporate purposes to be used in the ordinary course of the Borrower's business.
Appears in 1 contract
Samples: Second Waiver and Amendment Agreement (Innotrac Corp)
Use of Loan Proceeds. Shall use the proceeds of the Loan only for the commercial purposes permitted specified herein or otherwise permitted by the Bank and furnish the bank Bank all evidence that it may reasonably require with respect to such use.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (JPS Industries Inc)
Use of Loan Proceeds. Shall use the proceeds of the Loan only for the commercial purposes permitted herein or otherwise permitted by the Bank and furnish the bank Bank all evidence that it may reasonably require with respect to such use.
Appears in 1 contract
Samples: Credit Agreement (Barnett Inc)
