Use of Loans and Letters of Credit. The proceeds of the Loans and the Letters of Credit shall be used (a) to pay fees and expenses incurred in connection with the Transactions, (b) to repay all amounts outstanding under the Existing Credit Agreements on the Effective Date; and (c) to finance working capital needs, and for other general corporate purposes, of the Borrower and its Restricted Subsidiaries.
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Samples: Credit Agreement (Southwestern Energy Co), Credit Agreement, Credit Agreement (Southwestern Energy Co)
Use of Loans and Letters of Credit. The proceeds of the Loans and the Letters of Credit shall be used (a) to pay fees and expenses incurred in connection with the Transactions, (b) to repay all amounts outstanding under Transactions and the refinancing of the Existing Credit Agreements on the Effective Date; Agreement and (cb) to finance working capital needs, and for other general corporate purposes, of the Borrower and its Restricted Subsidiaries, including, for the avoidance of doubt, the refinancing of the Existing Credit Agreement and the backstopping of the MUFG Letters of Credit.
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Samples: Credit Agreement (EXPAND ENERGY Corp), Credit Agreement (Chesapeake Energy Corp)
Use of Loans and Letters of Credit. The proceeds of the Loans and the Letters of Credit shall be used (a) to pay fees and expenses incurred in connection with the Transactions, Transactions and (b) to repay all amounts outstanding under the Existing Credit Agreements on the Effective Date; and (c) to finance working capital needs, and for other general corporate purposes, of the Borrower and its Restricted Subsidiaries.
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Use of Loans and Letters of Credit. The proceeds of the Loans and the Letters of Credit shall be used (a) to pay fees and expenses incurred in connection with the Transactions, Transactions and (b) to repay all amounts outstanding under the Existing Credit Agreements on the Effective Date; and (c) to finance working capital needs, and for other general corporate purposes, of the Borrower and its Restricted Subsidiaries.
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Use of Loans and Letters of Credit. The proceeds of the Loans and the Letters of Credit shall be used (a) to pay fees and expenses incurred in connection with the Transactions, (b) to repay all amounts outstanding under Transactions and the refinancing of the Existing Credit Agreements on the Effective Date; Agreement and (cb) to finance working capital needs, and for other general corporate purposes, of the Borrower and its Restricted Subsidiaries, including, for the avoidance of doubt, the refinancing of the Existing Credit Agreement and the backstopping of the MUFG Letters of Credit.
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