Common use of No Margin Stock Clause in Contracts

No Margin Stock. Use any of the proceeds of the Advances to purchase or carry any "margin stock" (as defined in Regulation U).

Appears in 6 contracts

Sources: Credit Agreement (Lennar Corp), Revolving Credit Agreement (Lennar Corp), Credit Agreement (LNR Property Corp)

No Margin Stock. Use any of the proceeds of the Advances to purchase or carry any "β€œmargin stock" ” (as defined in Regulation U).

Appears in 4 contracts

Sources: Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/)