Use of Proceeds of the Revolving Loan. The proceeds of each advance under the Revolving Loan shall be used by Borrowers for Permitted Uses, and for no other purposes except as may otherwise be agreed by Lender in writing.
Appears in 4 contracts
Samples: Financing and Security Agreement (Gp Strategies Corp), Financing and Security Agreement (Gp Strategies Corp), Financing and Security Agreement (Gp Strategies Corp)
Use of Proceeds of the Revolving Loan. The proceeds of each advance under the Revolving Loan shall be used by Borrowers Borrower for Permitted Uses, and for no other purposes except as may otherwise be agreed by Lender in writing.
Appears in 2 contracts
Samples: Financing and Security Agreement (Liquidity Services Inc), Financing and Security Agreement (Gp Strategies Corp)
Use of Proceeds of the Revolving Loan. The proceeds of each advance under the US Revolving Loan, the Term Loan and the UK Revolving Loan shall be used by Borrowers for Permitted Uses, and for no other purposes except as may otherwise be agreed by Lender in writing.
Appears in 1 contract
Samples: Financing and Security Agreement (Gp Strategies Corp)
