Common use of Margin Stock Clause in Contracts

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 19 contracts

Sources: Credit Agreement (Family Dollar Stores Inc), Credit Agreement (Family Dollar Stores Inc), Credit Agreement (Compx International Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 12 contracts

Sources: Credit Agreement (Digital Generation Systems Inc), Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Compx International Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” any “carrying margin stock” stock (as each such term is defined within the meaning of Regulation T, U or used, directly or indirectly, in Regulation U X of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit Loan will be used for purchasing to purchase or carrying carry any margin stock or for any purpose which violates, or which would be inconsistent with, the provisions in violation of said Regulation T, U or X or to extend credit to others for the purpose of such Board purchasing or carrying margin stock in violation of Governors.said Regulation T, U or X.

Appears in 12 contracts

Sources: Second Amended and Restated Credit Agreement (Magellan Midstream Partners, L.P.), Senior Working Capital Revolving Credit and Letter of Credit Reimbursement Agreement (Sabine Pass Liquefaction, LLC), 364 Day Credit Agreement (Magellan Midstream Partners Lp)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 9 contracts

Sources: Credit Agreement (Hickory Tech Corp), Credit Agreement (Mindspring Enterprises Inc), Credit Agreement (Hickory Tech Corp)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 5 contracts

Sources: Credit Agreement (Corrections Corporation of America), Credit Agreement (WLR Foods Inc), Credit Agreement (Checkpoint Systems Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 4 contracts

Sources: Credit Agreement (Bowater Inc), Credit Agreement (Bowater Inc), Credit Agreement (Bowater Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 4 contracts

Sources: Eighth Amendment and Waiver (AbitibiBowater Inc.), Credit Agreement (Bowater Inc), Credit Agreement (AbitibiBowater Inc.)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 4 contracts

Sources: Credit Agreement (Hormel Foods Corp /De/), Term Loan Agreement (Hormel Foods Corp /De/), Credit Agreement

Margin Stock. Neither the Borrower nor any Restricted Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 4 contracts

Sources: Credit Agreement (Veridian Corp), Credit Agreement (Paravant Inc), Credit Agreement (Paravant Inc)

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 4 contracts

Sources: 364 Day Credit Agreement (Family Dollar Stores Inc), 364 Day Credit Agreement (Family Dollar Stores Inc), Credit Agreement (Family Dollar Stores Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “margin stock” (as each such term is defined or used, directly or indirectly, in within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit loan hereunder will be used used, directly or indirectly, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any other purpose which violates, or which would be inconsistent with, might violate the provisions of Regulation T, U or X of such the said Board of Governors. Borrower does not own any margin stock.

Appears in 3 contracts

Sources: Credit Agreement (Ballast Point Brewing & Spirits, Inc.), Credit Agreement (Nexx Systems Inc), Credit Agreement (Nexx Systems Inc)

Margin Stock. Neither the No Borrower nor or any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 3 contracts

Sources: Credit Agreement (Belk Inc), Credit Agreement (Belk Inc), Credit Agreement (Belk Inc)

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 3 contracts

Sources: Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 3 contracts

Sources: Credit Agreement (Optio Software Inc), Credit Agreement (Sterile Recoveries Inc), Syndication Amendment and Assignment (Sterile Recoveries Inc)

Margin Stock. Neither the Co-Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit other than in connection with any employee benefit plan for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 3 contracts

Sources: Credit Agreement (Scientific Games Holdings Corp), Credit Agreement (Scientific Games Holdings Corp), 364 Day Credit Agreement (Scientific Games Holdings Corp)

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 3 contracts

Sources: Credit Agreement (Duratek Inc), Credit Agreement (GTS Duratek Inc), Credit Agreement (Global Imaging Systems Inc)

Margin Stock. Neither the US Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 3 contracts

Sources: Credit Agreement (SCP Pool Corp), Amendment to Credit Agreement (SCP Pool Corp), Credit Agreement (Pool Corp)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 3 contracts

Sources: Credit Agreement (Corestaff Inc), Credit Agreement (Rural Metro of Ohio Inc), Credit Agreement (Cable Michigan Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Restricted Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System)Margin Stock. No part of the proceeds of any of the Loans or Letters made to, and no Letter of Credit issued for the account of, the Borrower will be used to purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying margin stock any Margin Stock or for any purpose which that violates, or which would be is inconsistent with, the provisions of Regulation T, U or X of such said Board of Governors.

Appears in 2 contracts

Sources: Revolving Credit and Guaranty Agreement (REV Group, Inc.), Revolving Credit and Guaranty Agreement (REV Group, Inc.)

Margin Stock. Neither the any Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 2 contracts

Sources: Credit Agreement (Tessco Technologies Inc), Credit Agreement (Tessco Technologies Inc)

Margin Stock. Neither the Borrower Company nor any Subsidiary thereof is ------------ engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 2 contracts

Sources: Credit Agreement (Choice One Communications Inc), Credit Agreement (Choice One Communications Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 2 contracts

Sources: Credit Agreement (Hhgregg, Inc.), Credit Agreement (Hhgregg, Inc.)

Margin Stock. Neither the U.S. Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 2 contracts

Sources: Credit Agreement (Tekelec), Credit Agreement (Tekelec)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is ------------ engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 2 contracts

Sources: Credit Agreement (American Business Information Inc /De), Credit Agreement (American Business Information Inc /De)

Margin Stock. Neither the Borrower ACC nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 2 contracts

Sources: Credit Agreement (Acc Corp), Credit Agreement (Acc Corp)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of the Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any "margin stock” (as each such term is defined or used, directly or indirectly, in " within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit loan hereunder will be used used, directly or indirectly, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any other purpose which violates, or which would be inconsistent with, might violate the provisions of Regulation T, U or X of such the said Board of Governors. The Borrower does not own any margin stock.

Appears in 2 contracts

Sources: Revolving Credit Loan Agreement (Sterling Construction Co Inc), Revolving Credit Loan Agreement (Sterling Construction Co Inc)

Margin Stock. Neither the Borrower nor any Restricted Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock in violation of, or for any other purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 2 contracts

Sources: Credit Agreement (DRS Technologies Inc), Credit Agreement (DRS Technologies Inc)

Margin Stock. Neither the Borrower Borrowers nor any Subsidiary thereof of their respective Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 2 contracts

Sources: Credit Agreement (Imagemax Inc), Credit Agreement (Imagemax Inc)

Margin Stock. Neither the No Borrower nor or any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Bridge Credit Agreement (Belk Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is ------------ engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or of the Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Edutrek Int Inc)

Margin Stock. Neither the Borrower nor any Restricted Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock in violation of, or for any other purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (DRS Technologies Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Global Imaging Systems Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Globalstar, Inc.)

Margin Stock. Neither the No Borrower nor or any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Belk Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof Consolidated Entity is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Quorum Health Group Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of the Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “margin stock” (as each such term is defined or used, directly or indirectly, in "MARGIN STOCK" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit loan hereunder will be used used, directly or indirectly, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any other purpose which violates, or which would be inconsistent with, might violate the provisions of Regulation G, T, U or X of such the said Board of Governors. The Borrower does not own any margin stock.

Appears in 1 contract

Sources: Revolving Credit Loan Agreement (Bestway Inc)

Margin Stock. Neither the US Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Ikon Office Solutions Inc)

Margin Stock. Neither the Borrower Parent nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Dollar Express Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is ------------ engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Commonwealth Telephone Enterprises Inc /New/)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Penske Motorsports Inc)

Margin Stock. Neither the Domestic Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (G&k Services Inc)

Margin Stock. Neither the any Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Sholodge Inc)

Margin Stock. Neither the Borrower nor any Subsidiary subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Vermont Pure Holdings LTD)

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged ------------ principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans Loans, Letters of Credit or Aggregator Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Global Imaging Systems Inc)

Margin Stock. Neither the Borrower nor any Material Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (United Companies Financial Corp)

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged ------------ principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Global Imaging Systems Inc)

Margin Stock. Neither the Borrower nor any Restricted Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: 364 Day Credit Agreement (Lci International Inc /Va/)

Margin Stock. Neither the any Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (United States Lime & Minerals Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violatesvio lates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Texfi Industries Inc)

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Revolving Credit Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Ct Communications Inc /Nc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit Term Loan will be used for purchasing or carrying margin stock or for any purpose which violates, 42 or which would be be, inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Term Loan Agreement (WLR Foods Inc)

Margin Stock. Neither the such Borrower nor any Subsidiary thereof of its Subsidiaries ------------ is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors. If requested by the Administrative Agent, such Borrower will furnish to the Administrative Agent and the Lenders a statement or statements in conformity with the requirements of said Regulation T, U or X to the foregoing effect.

Appears in 1 contract

Sources: Credit Agreement (Planvista Corp)

Margin Stock. Neither the The Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Hormel Foods Corp /De/)

Margin Stock. Neither the Borrower Holdings nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Restaurant Co of Minnesota)

Margin Stock. Neither the Borrower nor any Restricted Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Lci International Inc /Va/)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” any “carrying "margin stock" (as each such term is defined within the meaning of Regulation G or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit made hereunder will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or be used for any purpose which violates, violates or which would be is inconsistent with, with the provisions of Regulation G, T, U or X of such said Board of Governors.

Appears in 1 contract

Sources: Loan and Security Agreement (Simione Central Holdings Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Designated ------------ Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Commonwealth Telephone Enterprises Inc /New/)

Margin Stock. Neither the Borrower Maxim nor any Subsidiary thereof is engaged ------------ principally or as one of its significant activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Maxim Group Inc /)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Kinder Morgan Bulk Terminals Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its respective activities in the business of extending credit for the purpose of " purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Northland Cable Properties Six LTD Partnership)

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged ------------ principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (GTS Duratek Inc)

Margin Stock. Neither the Domestic Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (G&k Services Inc)

Margin Stock. Neither the Borrower BORROWER nor any Subsidiary SUBSIDIARY thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans LOANS or Letters of Credit LETTERS OF CREDIT will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Unc Inc)

Margin Stock. Neither the Borrower Borrowers nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Cca Prison Realty Trust)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Revolving Credit Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Richfood Holdings Inc)

Margin Stock. Neither the Borrower Borrowers nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Cca Prison Realty Trust)

Margin Stock. Neither the Borrower Cable Systems nor any Subsidiary thereof of its Designated Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (RCN Corp /De/)

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Family Dollar Stores Inc)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans Loans, or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Radyne Corp)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part Not more than twenty-five percent (25%) of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Quintiles Transnational Corp)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Globalstar, Inc.)

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Appears in 1 contract

Sources: Credit Agreement (Richfood Holdings Inc)