Common use of Use of Term Loan Proceeds Clause in Contracts

Use of Term Loan Proceeds. Borrower shall not, nor shall it permit any Subsidiary to, use any proceeds of the Term Loans (including, for the avoidance of doubt, Term Loans funded under an increase in the Term Loan Commitments pursuant to Section 2.9) for any purpose other than the financing of Acquisitions, including the Horn Solutions Acquisition, and no such proceeds may be used for any Acquisition without the prior written consent of the Required Lenders and Administrative Agent.

Use of Term Loan Proceeds. Borrower shall not, nor shall it permit any Subsidiary to, use any proceeds of the Term Loans (including, for the avoidance of doubt, Term Loans funded under an increase in the Term Loan Commitments pursuant to Section 2.9) for any purpose other than the financing of Acquisitions, including the Horn Solutions Acquisition, and no such proceeds may be used for any Acquisition without the prior written consent of the Required Lenders and Administrative Agent.

Use of Term Loan Proceeds. Borrower shall not, nor shall it permit any Subsidiary to, use any proceeds of the Term Loans (including, for the avoidance of doubt, Term Loans funded under an increase in the Term CREDIT AGREEMENT – Page 108 Loan Commitments pursuant to Section 2.9) for any purpose other than the financing of Acquisitions, including the Horn Solutions Acquisition, and no such proceeds may be used for any Acquisition without the prior written consent of the Required Lenders and Administrative Agent.