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

Use of Proceeds of Swingline Loans. Borrower may use the proceeds of Swingline Loans for any purpose permitted for the proceeds of the Revolving Credit Loan under Section 2.2 of this Agreement. Swingline Loans shall be applied to reduce the amount of the Revolving Credit Loan.

Appears in 2 contracts

Samples: Credit Agreement (Protective Life Insurance Co), Credit Agreement (Protective Life Corp)

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Use of Proceeds of Swingline Loans. Borrower The Borrowers may use the proceeds of Swingline Loans for any purpose permitted for the proceeds of the Revolving Credit Loan under Section 2.2 of this Agreement. Swingline Loans shall be applied to reduce the amount of the available for Revolving Credit LoanLoans.

Appears in 1 contract

Samples: Credit Agreement (Protective Life Corp)

Use of Proceeds of Swingline Loans. Borrower Borrowers may use the proceeds of Swingline Loans for any purpose permitted for the proceeds of the Revolving Credit Loan Loans under Section 2.2 2.4 of this Agreement. Swingline Loans shall be applied to reduce the amount of the Revolving Credit Loan.

Appears in 1 contract

Samples: Credit Agreement (Alfa Corp)

Use of Proceeds of Swingline Loans. Borrower The Borrowers may use the proceeds of Swingline Loans for any purpose permitted for the proceeds of the Revolving Credit Loan under Section 2.2 of this Agreement. Swingline Loans shall be applied to reduce the amount of the Revolving Credit Loan.

Appears in 1 contract

Samples: Credit Agreement (Protective Life Insurance Co)

Use of Proceeds of Swingline Loans. Borrower may use the proceeds of Swingline Loans for any purpose permitted for the proceeds of the Revolving Credit Loan under Section 2.2 of this Agreement. To the extent proceeds of Swingline Loans are used for working capital purposes, they shall be applied to reduce the amount of the Revolving Credit LoanLoan that may be used for working capital purposes under Section 2.2 of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Response Oncology Inc)

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Use of Proceeds of Swingline Loans. Borrower Borrowers may use the proceeds of Swingline Loans for any purpose permitted for the proceeds of the Revolving Credit Loan Committed Loans under Section 2.2 of this Agreement. Swingline Loans shall be applied to reduce the amount of the Revolving Credit Loan.

Appears in 1 contract

Samples: Credit Agreement (Books a Million Inc)

Use of Proceeds of Swingline Loans. Borrower Borrowers may use the proceeds of Swingline Loans for any purpose permitted for the proceeds of the Revolving Credit Loan under Section 2.2 of this Agreement. To the extent proceeds of Swingline Loans are used for working capital purposes, they shall be applied to reduce the amount of the Revolving Credit LoanLoan that may be used for working capital purposes under Section 2.2 of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Response Oncology Inc)

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