Common use of Use of Proceeds of Revolving Loans Clause in Contracts

Use of Proceeds of Revolving Loans. The proceeds of Revolving Loans shall be used to (a) refinance the indebtedness outstanding under the Xxxxx Fargo Credit Agreement, (b) finance working capital needs of Borrower, and (c) and for the purpose of making advances to Xxxxxxx Canada under (and not to exceed, in aggregate amount outstanding, the face amount of) the Intercompany Note, for the purpose of financing the working capital needs of Xxxxxxx Canada.

Use of Proceeds of Revolving Loans. The proceeds of Revolving Loans shall be used to (a) refinance the indebtedness outstanding under the Xxxxx Wxxxx Fargo Credit Agreement, (b) finance working capital needs of Borrower, and (c) and for the purpose of making advances to Xxxxxxx Sxxxxxx Canada under (and not to exceed, in aggregate amount outstanding, the face amount of) the Intercompany Note, for the purpose of financing the working capital needs of Xxxxxxx Sxxxxxx Canada.