Common use of Compliance with Margin Regulations Clause in Contracts

Compliance with Margin Regulations. (i) The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying Margin Stock, and no proceeds of any Advance or any Letter of Credit Disbursement 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.

Appears in 4 contracts

Samples: Convertible Notes Commitment Agreement (Accuride Corp), Possession Credit Agreement (Accuride Corp), Restructuring Support Agreement (Accuride Corp)

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Compliance with Margin Regulations. (i) The Such Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying Margin Stock, and no proceeds of any Advance or any Letter of Credit Disbursement 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.

Appears in 1 contract

Samples: Credit Agreement (Accuride Corp)

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