Use of Credit. None of the Obligors is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of any extension of credit hereunder will be used to buy or carry any Margin Stock.
Appears in 5 contracts
Sources: Fourth Amended and Restated Credit Agreement (Cornell Companies Inc), Third Amended and Restated Credit Agreement (Cornell Corrections Inc), Subordinated Bridge Loan Agreement (Cornell Corrections Inc)
Use of Credit. None of the Obligors is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of any extension the Loans or other extensions of credit hereunder will be used to buy or carry any Margin Stock.
Appears in 5 contracts
Sources: Credit Agreement (Genzyme Corp), Credit Agreement (Genzyme Corp), Credit Agreement (Genzyme Corp)
Use of Credit. None of the Obligors is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of any extension of credit hereunder will be used to buy or carry any Margin Stock, as that term is used in Regulation U and Regulation X of the Board of Governors of the Federal Reserve System.
Appears in 2 contracts
Sources: Credit Agreement (Unitedglobalcom Inc), Credit Agreement (United International Holdings Inc)
Use of Credit. None of the Obligors is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of any extension of credit hereunder will be used to buy or carry any Margin Stock.Stock in violation of the applicable provisions of Regulations U and X.
Appears in 2 contracts
Sources: Senior Subordinated Note Purchase Agreement (Polymer Group Inc), Senior Subordinated Note Purchase Agreement (Matlinpatterson Global Opportunities Partners Lp)
Use of Credit. None of the Obligors No Obligor is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of any extension of credit hereunder will be used to buy or carry any Margin Stock.
Appears in 1 contract