Common use of Use of Loan Proceeds Clause in Contracts

Use of Loan Proceeds. I will not permit the loan proceeds to be used to purchase, carry, reduce, or retire any loan originally incurred to purchase or carry any margin stock or otherwise cause the Loan to violate Federal Reserve Board Regulations U or X, or Section 8 of the Securities and Exchange Act of 1934 and its regulations, as amended.

Appears in 5 contracts

Sources: Insurance Agreement, Commercial Loan Agreement (Willdan Group, Inc.), Commercial Loan Agreement (Willdan Group, Inc.)

Use of Loan Proceeds. I Borrower will not permit the loan proceeds to be used to purchase, carry, reduce, reduce or retire any loan originally incurred to purchase or carry any margin stock or otherwise cause the Loan to violate Federal Reserve Board Regulations U or X, or Section 8 of the Securities and Exchange Act of 1934 and its regulations, as amended.

Appears in 3 contracts

Sources: Commercial Loan Agreement, Commercial Loan and Security Agreement (Rf Monolithics Inc /De/), Commercial Loan Agreement (Rf Monolithics Inc /De/)

Use of Loan Proceeds. I will not permit the loan proceeds to be used to purchase, carry, reduce, or retire any loan originally incurred to purchase or carry any margin stock or otherwise cause the Loan to violate Federal Reserve Board board Regulations U G, U, or X, or Section 8 of the Securities and Exchange Act of 1934 and its regulations, as amended.

Appears in 2 contracts

Sources: Commercial Loan Agreement (Great Plains Ethanol LLC), Commercial Loan Agreement (American Physicians Service Group Inc)

Use of Loan Proceeds. I The Company will not permit the loan proceeds to be used to purchase, carry, reduce, or retire any loan originally incurred to purchase or carry any margin stock or otherwise cause the Loan to violate Federal Reserve Board Regulations U or X, or Section 8 of the Securities and Exchange Act of 1934 and its regulations, as amended.

Appears in 2 contracts

Sources: Commercial Loan Agreement (Optical Cable Corp), Commercial Loan Agreement (Optical Cable Corp)

Use of Loan Proceeds. I will not permit the loan proceeds to be used to purchase, carry, reduce, or retire any loan originally incurred to purchase or carry any an margin stock or otherwise cause the Loan to violate Federal Reserve Board Regulations U or X, or Section 8 of the Securities and Exchange Act of 1934 and its regulations, as amended.

Appears in 1 contract

Sources: Commercial Loan Agreement (CommunitySouth Bancshares Inc)

Use of Loan Proceeds. I will not permit the loan proceeds to be used to purchase, carry, reduce, or retire any loan originally incurred to purchase or carry any margin stock or otherwise cause the Loan to violate Federal Reserve Board Regulations U or X, or Section 8 of the Securities and Exchange Act of 1934 and its regulations, as amended.amended . MusclePharm Corporation Colorado Commercial Loan Agreement 0/4DA ISY .CA00000000000674042091014 N Wolters Kluwer Financial Services ® 1996, 2014 Bankers System

Appears in 1 contract

Sources: Commercial Loan Agreement (MusclePharm Corp)