Common use of Margin Loans Clause in Contracts

Margin Loans. Use any of the proceeds of the Loans, directly or indirectly, to purchase or carry margin stock within the meaning of Regulation U of the Board of Governors of the Federal Reserve System; or engage as its principal business in the extension of credit for purchasing or carrying such stock.

Margin Loans. Use any of the proceeds of the LoansLoan, directly or indirectly, to purchase or carry margin stock securities within the meaning of Regulation U of the Board of Governors of the Federal Reserve System; , or engage as its principal business in the extension of credit for purchasing or carrying such stocksecurities.