Common use of Margin Stock Regulations Clause in Contracts

Margin Stock Regulations. Borrower shall not (nor shall Borrower allow any Project Company to) directly or indirectly apply any part of the proceeds of any Loan or Project Revenues to the “buying,” “purchasing” or “carrying” of any margin stock within the meaning of Regulations T, U or X of the Federal Reserve Board, or any regulations, interpretations or rulings thereunder.

Appears in 4 contracts

Sources: Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.)