Use of the Credits Sample Clauses

Use of the Credits. (1) The Revolving Credit may be used to, (a) finance the general corporate requirements of the Borrowers and their Subsidiaries, (b) refinance the Borrowers’ existing indebtedness owing under the Existing Credit Agreement and (c) at the option of the Borrowers, refinance existing intercompany debt.
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Use of the Credits. The Credits shall be used by the Borrower to finance, in part, the Acquisition, the Refinancing and the costs and expenses related to the Transactions.
Sample 1
Use of the Credits. Credit 1 continues advances made under the “Credit” as defined in the Existing Credit Agreement, including letters of credit and other advances that are outstanding under the “BNS Tranche” and the “TD Tranche” as defined in the Existing Credit Agreement. The Credits shall be used by the Borrower for its general corporate purposes, including repayment of existing bank credit facilities of the Borrower and certain Restricted Subsidiaries and commercial paper back up.
Sample 1
Use of the Credits. (1) Advances may be used for refinancing the Existing Credit Agreement and to assist with financing Permitted Acquisitions of the Borrower, and for general corporate purposes related to such Permitted Acquisitions or in respect of the Target under such Permitted Acquisition.
Sample 1
Use of the Credits. (1) Advances under the Revolving Credit (including the Swingline Credit) may be used for general corporate purposes including refinancing existing indebtedness under the Existing Credit Agreement, earn-outs (including the GAA Earn-Out, up to a maximum amount of US $15,000,000), and to assist with financing Permitted Acquisitions of the Borrower as set out in this Credit Agreement.
Sample 1
Use of the Credits. (1) Credit A shall be used for general corporate purposes of the Borrower including:
Sample 1
Use of the Credits. Each Credit shall be used for general corporate purposes including to finance, in part, the payment of a dividend to be paid, ultimately, to Convergys Customer Management Group Inc.
Sample 1
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Use of the Credits. (1) The Revolving Credit may be used to finance the general corporate requirements of the Borrower and its Subsidiaries, subject to the other terms of this Agreement.
Sample 1

Related to Use of the Credits

  • The Credits 23 SECTION 2.01. Commitments..........................................23

  • Limitations on Use of Information The Fund agrees not to use the information received for marketing or any other similar purpose without the prior written consent of the Intermediary.

  • Limitation on Use of Information The Fund agrees neither to use the information received from the Intermediary for any purpose other than to comply with SEC Rule 22c-2 and other applicable laws, rules and regulations, nor to share the information with anyone other than its employees who legitimately need access to it. Neither the Fund nor any of its affiliates or subsidiaries may use any information provided pursuant to this Agreement for marketing or solicitation purposes. The Fund will take such steps as are reasonably necessary to ensure compliance with this obligation. The Fund shall indemnify and hold the Intermediaries, individually and collectively, (and any of their respective directors, officers, employees, or agents) harmless from any damages, loss, cost, or liability (including reasonable legal fees and the cost of enforcing this indemnity) arising out of or resulting from any unauthorized use of or disclosure by the Fund of the information received from the Intermediaries pursuant to this Agreement. In addition, because an award of money damages (whether pursuant to the foregoing sentence or otherwise) may be inadequate for any breach of this provision and any such breach may cause the Intermediaries irreparable harm, the Fund also agrees that, in the event of any breach or threatened breach of this provision, the Intermediaries will also be entitled, without the requirement of posting a bond or other security, to seek equitable relief, including injunctive relief and specific performance. Such remedies will not be the exclusive remedies for any breach of this provision but will be in addition to all other remedies available at law or in equity to the Intermediaries. In the event that the Fund is required by legal process, law, or regulation to disclose any information received from the Intermediaries pursuant to this Agreement, the Fund shall provide Intermediaries with prompt written notice of such requirement as far in advance of the proposed disclosure as possible so that the Intermediaries (at their expense) may either seek a protective order or other appropriate remedy which is necessary to protect their interests or waive compliance with this provision to the extent necessary.

  • The Credit Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to fourteen million two hundred thousand Special Drawing Rights (SDR 14,200,000).

  • Use of websites (a) The Company may satisfy its obligation under this Agreement to deliver any information in relation to those Lenders (the “Website Lenders”) who accept this method of communication by posting this information onto an electronic website designated by the Company and the Agent (the “Designated Website”) if:

  • Use of Names The Manager and the Fund agree that the Manager has a proprietary interest in the names “DFA” and “Dimensional,” and that the Fund and/or Portfolio may use such names only as permitted by the Manager, and the Fund further agrees to cease use of such names promptly after receipt of a written request to do so from the Manager.

  • Use of Agents (a) Bank may provide certain services under this Agreement through third parties. These third parties may be Affiliates. Except to the extent provided in Section 5.2 with respect to Subcustodians, Bank shall not be responsible for any loss as a result of a failure by any broker or any other third party that it selects and retains using reasonable care and without negligence to provide ancillary services, such as pricing, proxy voting, and corporate action services, that it does not customarily provide itself. Nevertheless, Bank shall be liable for the performance of any such service provider selected by Bank that is an Affiliate to the same extent as Bank would have been liable if it performed such services itself.

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