Use of Proceeds. Use the proceeds of the Tranche B-1 Term Loans incurred on the Amendment No. 1 Funding Date solely to refinance in full the Initial Term Loans outstanding on such date. The Borrowers used the proceeds of the 2021-1 Incremental Term Loans incurred on the Amendment No. 3 Funding Date # to finance the Coventya Acquisition, # to pay transaction costs, fees and expenses incurred in connection with the Coventya Acquisition and Amendment No. 3 and # with respect to any remaining amounts, for general corporate purposes. The Borrowers used the proceeds of the 2023 Incremental Tranche A Term Loans incurred on the Amendment No. 7 Funding Date to # finance, in part, the Amendment No. 7 Transaction, # pay transaction costs, fees and expenses incurred in connection with the Amendment No. 7 Transaction and Amendment No. 7 and # with respect to any remaining amounts, for general corporate purposes. The Borrowers will use the proceeds of the Tranche B-2 Term Loans incurred on the Amendment No. 8 Funding Date to # repay, in full, including via cashless settlement, the Tranche B-1 Term Loans outstanding on the Amendment No. 8 Funding Date, # repay, in full, the 2023 Incremental Tranche A Term Loans outstanding on the Amendment No. 8 Funding Date, # pay transaction costs, fees and expenses incurred in connection with Amendment No. 8 and # with respect to any remaining amounts, for general corporate purposes. The Borrowers will use the proceeds of the Tranche B-3 Term Loans incurred on the Amendment No. 9 Funding Date to # repay, in full, including via cashless settlement, the Tranche B-2 Term Loans outstanding on the Amendment No. 9 Funding Date, # pay transaction costs, fees and expenses incurred in connection with Amendment No. 9 and # with respect to any remaining amounts, for general corporate purposes. The Borrowers will use the proceeds of the Revolving Credit Loans made for general corporate purposes. The Borrowers shall be entitled to request the issuance of Letters of Credit to support payment obligations incurred in the ordinary course of business by the Borrowers or the Restricted Subsidiaries.
Use of Proceeds. Use the proceeds of the Tranche B-1 Term Loans incurred on the Amendment No. 1 Funding Date solely to refinance in full the Initial Term Loans outstanding on such date. The Borrowers will use the proceeds of the 2021-1 Incremental Term Loans incurred on the Amendment No. 3 Funding Date # to finance the Coventya Acquisition, # to pay transaction costs, fees and expenses incurred in connection with the Coventya Acquisition and Amendment No. 3 and # with respect to any remaining amounts, for general corporate purposes. The Borrowers will use the proceeds of the Revolving Credit Loans made # on the Closing Date, to pay fees and expenses related to the Transactions (with any remaining amounts borrowed to be used for general corporate purposes) in an aggregate amount not to exceed $50,000,000 and # thereafter, for general corporate purposes. The Borrowers shall be entitled to request the issuance of Letters of Credit to support payment obligations incurred in the ordinary course of business by the Borrowers or the Restricted Subsidiaries.
Section # Use of Proceeds. The proceeds of the Initial Term Loans received on the Closing Date, together with the proceeds of the Senior Notes, shall not be used for any purpose other than for the Transactions and to fund cash to the Borrower’s balance sheet. The proceeds of the Initial Revolving Borrowing will be used to finance the Transactions and fees and expenses related to the Transactions and for working capital needs of the Borrower and its Subsidiaries. The proceeds of the First Incremental Term Loans received on the Amendment No. 1 Effective Date, together with the proceeds of the Additional Notes and cash on hand of the Borrower, will be used to finance the Amendment No. 1 Transactions. The proceeds of the Second Incremental Term Loans received on the Amendment No. 2 Effective Date, together with cash on hand of the Borrower, will be used to finance the Amendment No. 2 Transactions. The proceeds of the Third Incremental Term Loans received on the Amendment No. 6 Effective Date will be used to finance the Amendment No. 6 Transactions. The proceeds of the Initial Term B-1 Loans and the Incremental Term B-1 Loans received on the Amendment No. 7 Effective Date will be used to finance the Amendment No. 7 Transactions. The proceeds of the Fourth Incremental Term Loans received on the Amendment No. 8 Increase Effective Date will be used to finance the Amendment No. 8 Transactions.
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