Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans shall be utilized by the Company only (a) to refinance certain outstanding Indebtedness of the Company and its Subsidiaries and (b) for other general corporate purposes of the Company and its Subsidiaries in the ordinary course of business.
Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans hereunder shall be used for the purpose of refinancing certain outstanding Indebtedness of the Company and its Subsidiaries under the Existing Agreement and other existing Indebtedness, and for general corporate purposes not prohibited hereunder.
Use of Proceeds of Revolving Credit Loans. Use the proceeds of the Loans for the purposes which are not otherwise prohibited by the terms of this Credit Agreement, including, without limitation, Sections 2.1(b).
Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans shall be utilized by the Borrower for (a) working capital and (b) future acquisitions permitted by this Agreement and (c) other general corporate purposes.
Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans hereunder shall be used for general corporate purposes of the Company and its Subsidiaries not prohibited hereunder.
Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans shall be utilized by the Primary Borrower only (a) to finance the Transaction (including, without limitation, pursuant to the Interim Intercompany Loan), (b) to pay any fees and expenses relating thereto and (c) for other general corporate purposes; provided, however, that not more than $100,000,000 in the aggregate of Revolving Credit Loans may be utilized by the Primary Borrower for the purposes described in clauses (a) and (b) above.
Use of Proceeds of Revolving Credit Loans. The proceeds of the Revolving Credit Loans and the Swingline Loans shall be used by the Borrower for working capital and other general corporate purposes, including Permitted Acquisitions.
Use of Proceeds of Revolving Credit Loans. Up to $75 million of the proceeds of loans under the Revolving Facility will be available to the Borrowers on a “certain funds” basis (in accordance with Section 9.4) (the “Acquisition Borrowing”) to refinance the Existing Revolving Credit Facility, to finance the Colomer Acquisition and to pay any fees and expenses relating thereto and this Agreement and the transactions contemplated hereby (including any original issue discount) and any amendments to the Existing Credit Facilities in connection therewith (or provide for a reasonable estimate of such fees and expenses with any balance being available for general corporate purposes) on the Closing Date. Loans under the Revolving Facility will also be available on and after the Closing Date and at any time before the final maturity of the Revolving Credit Facility for general corporate purposes.
Use of Proceeds of Revolving Credit Loans. (a) The proceeds of the Revolving Credit Loans (other than the Acquisition Borrowing, which shall be subject to paragraph (b) of this Section 3.4) hereunder shall be used for general corporate purposes of the Company and its Subsidiaries not prohibited hereunder.
(b) At the Borrower’s election, up to $75,000,000 of the Revolving Credit Loans will be available to the Borrowers on a “certain funds” basis (in accordance with Section 9.4) (the “Acquisition Borrowing”). If the Borrower elects to request the Acquisition Borrowing, the proceeds thereof shall be used on the Acquisition Borrowing Closing Date (a) to finance a portion of the Colomer Acquisition and to pay any fees, costs and expenses relating thereto (including any original issue discount) and to repay or acquire certain Indebtedness of the Acquired Business as contemplated by the Acquisition Agreement, and (b) to pay transaction costs, fees and expenses incurred in connection with the Acquisition Borrowing and Acquisition Term Loans (or provide for a reasonable estimate of such fees, costs and expenses with any balance being available for general corporate purposes).
Use of Proceeds of Revolving Credit Loans. The proceeds of the ----------------------------------------- Revolving Credit Loans shall be used by the Company to pay fees and expenses relating to this Agreement, to finance the working capital and capital expenditure requirements of the Company and its Subsidiaries in the ordinary course of business and to refinance Swingline Loans hereunder.
