Margin Stock Collateral Clause Samples
The Margin Stock Collateral clause defines the treatment and requirements for collateral that qualifies as margin stock under applicable regulations, such as those set by the Federal Reserve. This clause typically outlines how margin stock can be used as security for a loan, including any limitations or reporting obligations imposed by law, and may specify the need for the borrower to provide information or certifications regarding the nature of the collateral. Its core function is to ensure compliance with regulatory restrictions on lending secured by margin stock, thereby protecting both parties from inadvertent violations and associated penalties.
Margin Stock Collateral. Each of the Lenders represents to the Administrative Agent and each of the other Lenders that it in good faith is not, directly or indirectly (by negative pledge or otherwise), relying upon any Margin Stock as collateral in the extension or maintenance of the credit provided for in this Agreement.
Margin Stock Collateral. Each of the Banks represents to the Agent and each of the other Banks that it in good faith is not, directly or indirectly (by negative pledge or otherwise), relying upon any Margin Stock as collateral in the extension or maintenance of the credit provided for in this Agreement.
Margin Stock Collateral. 50 SECTION 9.07 Successors and Assigns..........................................50 SECTION 9.08 Confidentiality.................................................52 SECTION 9.09
Margin Stock Collateral. Each of the Lenders represents to the Agents and to each of the other Lenders that it in good faith is not, directly or indirectly (by negative pledge or otherwise) relying upon any Margin Stock as collateral in the extension or maintenance of the credit provided for in this Agreement.
Margin Stock Collateral. Each of the Lenders represents to the Administrative Agent and each of the other Lenders that it in good faith is not relying upon any margin stock (within the
Margin Stock Collateral. Each of the Lenders ----------------------- represents to the Administrative Agent and each of the other Lenders that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.
Margin Stock Collateral. SECTION 9.07. Successors and Assigns . . . . . . . . . . . . . . . . . . . SECTION 9.08. Confidentiality . . . . . . . . . . . . . . . . . . . . . . SECTION 9.09.
Margin Stock Collateral. 89 9.8. Confidentiality .......................................... 89 9.9. Governing Law; Submission to Jurisdiction ................ 89 9.10. Counterparts; Integration; Effectiveness ................ 90 9.11. Termination of Existing Credit Agreement................. 90 9.12.
Margin Stock Collateral. 72 EXHIBIT A Notice Of Borrowing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A-1 EXHIBIT B Notice of Continuation/Conversion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B-1 EXHIBIT C Competitive Bid Borrowing Request . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C-1 EXHIBIT D Revolving Credit Note . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D-1 EXHIBIT E Swingline Note . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E-1 EXHIBIT F Competitive Bid Note . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F-1 EXHIBIT G Compliance Certificate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . G-1 EXHIBIT H Closing Certificate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . H-1 EXHIBIT I Closing Certificate (Other Borrowers) . . . . . . . . . . . . . . . . . . . . . . . . . . . . I-1 EXHIBIT J Opinion of Counsel to American Management Systems, Incorporated . . . . . . . . . . . . . . . J-1 EXHIBIT K Assignment and Acceptance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . K-1 EXHIBIT L Administrative Questionnaire . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . L-1 Schedule 2.11 List of Existing Letters of Credit issued by NationsBank, N.A. Attachment A Authorization Matrix THIS MULTI-CURRENCY REVOLVING CREDIT AGREEMENT, made, entered into and effective as of the 9th day of January, 1998, by and among each of the borrowers named herein on the signature pages hereof (individually, a "Borrower" and collectively, the "Borrowers"), American Management Systems, Incorporated, as guarantor (the "Guarantor"), each of the lenders named herein on the signature pages hereof (individually, a "Lender" and collectively, the "Lenders"), NationsBank, N.A., as administrative agent for the Lenders (in such capacity, the "Administrative Agent") and Wachovia Bank, N.A., documentation agent for the Lenders (in such capacity, the "Documentation Agent").