Common use of Use of Proceeds and Letters of Credit Clause in Contracts

Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used for working capital, acquisitions, capital expenditures and other general corporate purposes. Letters of Credit will be used for the Borrower’s and its Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board of Governors of the Federal Reserve System of the United States of America, including Regulations U and X.

Use of Proceeds and Letters of Credit. The Borrower will use the proceeds of the all Loans will be used to finance working capital needs, to refinance existing debt, to finance Permitted Acquisitions and for working capital, acquisitions, capital expenditures and other general corporate purposes. Letters purposes of Credit will be used for the Borrower’s Borrower and its Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of would violate any of the Regulations rule or regulation of the Board of Governors of the Federal Reserve System of the United States of AmericaSystem, including Regulations T, U and X.or X. All Letters of Credit will be used for general corporate purposes.

Use of Proceeds and Letters of Credit. The Borrower will use the proceeds of the all Loans will be used to finance working capital needs and for working capital, acquisitions, capital expenditures and other general corporate purposes. Letters purposes of Credit will be used for the Borrower’s Borrower and its Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of would violate any of the Regulations rule or regulation of the Board of Governors of the Federal Reserve System of the United States of AmericaSystem, including Regulations T, U and X.or X. All Letters of Credit will be used for general corporate purposes.

Use of Proceeds and Letters of Credit. The Borrower will use the proceeds of the all Loans will be used to finance working capital needs and for working capital, acquisitions, capital expenditures and other general corporate purposes. Letters purposes of Credit will be used for the Borrower’s Borrower and its Restricted Subsidiaries’ general corporate purposes, including acquisitions. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of would violate any of the Regulations rule or regulation of the Board of Governors of the Federal Reserve System of the United States of AmericaSystem, including Regulations T, U and X.or X. All Letters of Credit will be used for general corporate purposes.

Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used for working capital, acquisitions, capital expenditures and other general corporate purposes. Letters of Credit will be used for the such Borrower’s and its their respective Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board of Governors of the Federal Reserve System of the United States of America, including Regulations U and X.

Use of Proceeds and Letters of Credit. The Borrower will use the proceeds of the all Loans will be used to finance working capital needs, to finance acquisitions and for working capital, acquisitions, capital expenditures and other general corporate purposes. Letters purposes of Credit will be used for the Borrower’s Borrower and its Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of would violate any of the Regulations rule or regulation of the Board of Governors of the Federal Reserve System of the United States of AmericaSystem, including Regulations T, U and X.or X. All Letters of Credit shall be used for general corporate purposes.

Use of Proceeds and Letters of Credit. The Each Borrower will use the proceeds of the all Loans will be used for working capital, acquisitions, capital expenditures and other to fund general corporate purposes. Letters purposes of Credit will be used the Borrowers and their Subsidiaries, including, without limitation, Permitted Acquisitions and credit support for the Borrower’s and its Subsidiaries’ general corporate purposescommercial paper. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of would violate any of the Regulations rule or regulation of the Board of Governors of the Federal Reserve System of the United States of AmericaSystem, including Regulations T, U and X.or X thereof. All Letters of Credit will be used for general corporate purposes.

Use of Proceeds and Letters of Credit. The proceeds of the Loans (including any Letters of Credit) will be used only for general working capital, acquisitions, capital expenditures purposes and other general corporate purposes. Letters purposes of Credit will be used for the Borrower’s and its Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan and none of the Letters of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations regulations of the Board of Governors of the Federal Reserve System of the United States of America(or any successor body), including Regulations T, U and X.

Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used for working capital, acquisitions, capital expenditures and other general corporate purposes. Letters of Credit will be used only to provide working capital, to refinance Debt under the Existing Xxxxxxx Credit Agreement, for the Borrower’s exploration, development and/or acquisition of Oil and its Subsidiaries’ Gas Properties and for general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board of Governors regulations of the Federal Reserve System of the United States of AmericaBoard, including Regulations T, U and X.

Use of Proceeds and Letters of Credit. The Borrower will use the proceeds of all Loans to consummate the Loans will be used Refinancing, for working capital, acquisitions, capital expenditures needs and for other general corporate purposes. Letters purposes of Credit will be used for the Borrower’s Borrower and its Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of would violate any of the Regulations rule or regulation of the Board of Governors of the Federal Reserve System of the United States of AmericaSystem, including Regulations T, U or X. All Letters of Credit will be used for working capital needs and X.other general corporate purposes.

Use of Proceeds and Letters of Credit. The Each Borrower will use the proceeds of the all Loans will be used to finance working capital needs, fund future Permitted Acquisitions and for working capital, acquisitions, capital expenditures and other general corporate purposes. Letters purposes of Credit will be used for the Borrower’s Borrowers and its their Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of would violate any of the Regulations rule or regulation of the Board of Governors of the Federal Reserve System of the United States of AmericaSystem, including Regulations T, U and X.or X thereof. All Letters of Credit will be used for general corporate purposes.

Use of Proceeds and Letters of Credit. The Borrower will use the proceeds of the all Loans will be used for to finance working capitalcapital needs, acquisitionsAcquisitions, capital expenditures and for other general corporate purposes. Letters purposes of Credit will be used for the Borrower’s and its Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of would violate any of the Regulations rule or regulation of the Board of Governors of the Federal Reserve System of the United States of AmericaSystem, including Regulations T, U and X.or X. All Letters of Credit will be used for general corporate purposes.

Use of Proceeds and Letters of Credit. The Borrowers will use the proceeds of the Revolving Loans will be used to finance working capital needs, Capital Expenditures, Permitted Acquisitions and for working capital, acquisitions, capital expenditures and other general corporate purposes. Letters of Credit will be used for the Borrower’s and its Subsidiaries’ general corporate purposes. No part of the proceeds of any Loan nor any Letter of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of would violate any of the Regulations rule or regulation of the Board of Governors of the Federal Reserve System of the United States of AmericaSystem, including Regulations T, U and X.or X. All Letters of Credit will be used for general corporate purposes.