Common use of Use of Proceeds by Company Clause in Contracts

Use of Proceeds by Company. Company shall have provided evidence -------------------------- satisfactory to Administrative Agent that the proceeds of the debt and equity capitalization of Company described in the immediately preceding clause (i) have been applied, prior to or simultaneously with the application of the proceeds of the Term Loans and the Acquisition Revolving Loans, to the purchase of the Tendered Shares.

Appears in 1 contract

Samples: Credit Agreement (Urs Corp /New/)

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Use of Proceeds by Company. Company shall have provided -------------------------- evidence -------------------------- satisfactory to Administrative Agent that the cash proceeds of from the debt and equity capitalization of Company described in the immediately preceding clause (iii) shall have been appliedirrevocably committed, prior to or simultaneously with the application of the proceeds of the Term Loans and the Acquisition Revolving LoansLoans made on the Closing Date, to the purchase payment of the Tendered SharesPurchase Price and Transaction Costs.

Appears in 1 contract

Samples: Credit Agreement (Goss Graphic Systems Inc)

Use of Proceeds by Company. Company shall have provided evidence -------------------------- satisfactory to Administrative Agent that the proceeds of the debt and equity capitalization of Company described in the immediately preceding clause (i) have been appliedirrevocably committed, prior to or simultaneously concurrent with the application of the proceeds of the Term Loans and the Acquisition Revolving Loans, to the purchase payment of a portion of the Tendered SharesFinancing Requirements.

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

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Use of Proceeds by Company. Company shall have provided evidence -------------------------- satisfactory to Administrative Agent that the cash proceeds of from the debt and equity capitalization of Company described in the immediately preceding clause (iii) shall have been appliedirrevocably committed, prior to or simultaneously with the application of the proceeds of the Term Loans and the Acquisition Revolving LoansLoans made on the Closing Date, to the purchase payment of the Tendered SharesPurchase Price and Transaction Costs.

Appears in 1 contract

Samples: Credit Agreement (Goss Graphic Systems Inc)

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