Common use of Ineligible Securities Clause in Contracts

Ineligible Securities. No portion or any advance or Loan made hereunder shall be used directly or indirectly to purchase ineligible securities, as defined by applicable regulations of the Federal Reserve Board, underwritten by Lender or any other affiliate of Banc One Corporation during the underwriting period and for 30 days thereafter.

Appears in 8 contracts

Samples: Business Loan Agreement (Made2manage Systems Inc), Loan Agreement (Bioanalytical Systems Inc), Business Loan Agreement (Bioanalytical Systems Inc)

AutoNDA by SimpleDocs

Ineligible Securities. No portion or any advance or Loan made hereunder shall be used directly or indirectly to purchase ineligible securities, securities as defined by applicable regulations of the Federal Reserve Board, underwritten by Lender or any other affiliate of Banc One Corporation during the underwriting period and for 30 days thereafter.

Appears in 1 contract

Samples: Promissory Note (Trizetto Group Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.