Borrowers shall use the proceeds of the Term Loans solely for (a) transaction fees incurred in connection with the Financing Documents, (b) refinancing on the Closing Date of Debt, and (c) for general business purposes and working capital needs of Borrowers and their Subsidiaries as permitted hereunder. No portion of the proceeds of the Term Loans will be used for family, personal, agricultural or household use or the purchase of margin stock.