Common use of Use of Proceeds of Loans Clause in Contracts

Use of Proceeds of Loans. The proceeds of the Loans issued for the account of the Borrower hereunder shall be used for the purposes of general working capital needs of the Borrower and other general corporate purposes, including acquisitions.

Appears in 2 contracts

Samples: Term Loan Agreement (Reckson Associates Realty Corp), Term Loan Agreement (Reckson Associates Realty Corp)

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Use of Proceeds of Loans. The proceeds of the Loans issued for the account of to the Borrower hereunder shall may be used for the purposes of general and working capital needs of the Borrower Borrower, its Subsidiaries and other Minority Holdings, which purposes shall in any event be lawful general corporate purposes, including acquisitionsand working capital purposes of the Borrower.

Appears in 1 contract

Samples: Revolving Credit Agreement (U S Restaurant Properties Inc)

Use of Proceeds of Loans. The proceeds of the all Loans issued for the account of the Borrower hereunder shall be used by the Borrowers for the purposes of general working capital needs of the Borrower and other general corporate purposes, including acquisitionspurposes of the Borrowers.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Harris Chemical North America Inc)

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Use of Proceeds of Loans. The proceeds of the Loans issued for the account of shall be utilized by the Borrower hereunder shall be used for the purposes of general working capital needs of the Borrower and other general corporate purposes, including acquisitions.

Appears in 1 contract

Samples: Short Term Credit Agreement (Acterna Corp)

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