Common use of Federal Reserve Board Regulations Clause in Contracts

Federal Reserve Board Regulations. It does not intend to use any part of the proceeds of the Credit, and has not incurred any indebtedness to be reduced, retired or purchased by it out of such proceeds, for the purpose of purchasing or carrying any Margin Stock, and it does not own and has no intention of acquiring any such Margin Stock.

Appears in 6 contracts

Samples: Credit Agreement (Infinity Property & Casualty Corp), Credit Agreement (Infinity Property & Casualty Corp), Credit Agreement (International Shipholding Corp)

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Federal Reserve Board Regulations. It The Borrower does not intend to use any part of the proceeds of the Credit, and has not incurred any indebtedness to be reduced, retired or purchased by it out of such proceeds, for the purpose of purchasing or carrying any Margin Stock, and it does not own and has no intention of acquiring any such Margin Stock.

Appears in 3 contracts

Samples: Credit Agreement (Metromedia International Group Inc), Credit Agreement (Metromedia International Group Inc), Credit Agreement (Metromedia International Group Inc)

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