Common use of Margin Stock Clause in Contracts

Margin Stock. Neither Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 49 contracts

Samples: Term Loan Agreement (Sanara MedTech Inc.), Loan Agreement (Valeritas Holdings Inc.), Credit Agreement (Zymeworks Inc.)

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Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation T, U or X.

Appears in 19 contracts

Samples: Credit Agreement (Atlantic American Corp), Credit Agreement (La-Z-Boy Inc), Credit Agreement (Kaydon Corp)

Margin Stock. Neither No Borrower nor any of its Subsidiaries is engaged principallyengaged, principally or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X..

Appears in 18 contracts

Samples: Credit Agreement (Ryerson Holding Corp), Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Insight Health Services Holdings Corp)

Margin Stock. Neither Borrower the Company nor any of its the Subsidiaries is engaged principally, or as one of its important primary activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying Margin Stock, and no part of the proceeds . None of the Loans will be used to buy purchase or carry any Margin Stock Stock, to refinance any Indebtedness originally incurred for any such purpose or in violation any other manner that would violate any provision of Regulation T, U or X.X of the Board.

Appears in 10 contracts

Samples: Credit Agreement (Molson Coors Brewing Co), Credit Agreement (Molson Coors Brewing Co), Credit Agreement (Molson Coors Brewing Co)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 8 contracts

Samples: Credit Agreement and Guaranty (Zymergen Inc.), Credit Agreement and Guaranty (ArcherDX, Inc.), Credit Agreement and Guaranty (Zymergen Inc.)

Margin Stock. Neither Parent, Borrower nor any of its their Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 6 contracts

Samples: Loan Agreement (Valeritas Holdings Inc.), Loan Agreement (Valeritas Holdings Inc.), Loan Agreement (Valeritas Holdings Inc.)

Margin Stock. Neither Borrower None of the Obligors nor any of its their Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, Regulation U or Regulation X.

Appears in 6 contracts

Samples: Credit Agreement and Guaranty (Allurion Technologies, Inc.), Credit Agreement and Guaranty (Oyster Point Pharma, Inc.), Credit Agreement and Guaranty (Nevro Corp)

Margin Stock. Neither No Borrower nor any of its their Subsidiaries is are engaged principally, or as one of its their important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation T, U or X.

Appears in 6 contracts

Samples: Credit Agreement (Mbia Inc), Credit Agreement (Mbia Inc), Credit Agreement (Mbia Inc)

Margin Stock. Neither Borrower Parent nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans Term Loan will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 6 contracts

Samples: Security Agreement (Icagen, Inc.), Asset Purchase Agreement and Collaboration Agreement (Icagen, Inc.), Forbearance Agreement (Icagen, Inc.)

Margin Stock. Neither Borrower nor any of its Subsidiaries is engaged principallyengaged, principally or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X..

Appears in 5 contracts

Samples: Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dan River Inc /Ga/)

Margin Stock. Neither None of the Borrower nor any of or its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purposepurpose of purchasing, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X..

Appears in 5 contracts

Samples: Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation T, U or X.

Appears in 5 contracts

Samples: Credit Agreement (Airborne Freight Corp /De/), Credit Agreement (Culp Inc), Credit Agreement (National Service Industries Inc)

Margin Stock. Neither the Borrower nor any of its Restricted Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying any Margin Stock, and no . No part of the proceeds of the Loans will be used to buy used, directly or carry indirectly, for any Margin Stock in violation purpose that violates the provisions of Regulation T, U or Regulation X.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Las Vegas Sands Corp), Revolving Credit Agreement (Las Vegas Sands Corp), Revolving Credit Agreement (Las Vegas Sands Corp)

Margin Stock. Neither Borrower nor any of its Subsidiaries is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying any Margin Stock, and no . No part of the proceeds of the Loans made to Borrower will be used to buy purchase or carry any such Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any such Margin Stock or for any purpose that violates, or is inconsistent with, the provisions of Regulation T, U or X.X of the Federal Reserve Board.

Appears in 4 contracts

Samples: Credit Agreement (America First Multifamily Investors, L.P.), Credit Agreement (Greystone Housing Impact Investors LP), Credit Agreement (Greystone Housing Impact Investors LP)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans any extension of credit hereunder will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.Stock.

Appears in 4 contracts

Samples: Credit Agreement (Geo Group Inc), Loan Agreement (Seracare Life Sciences Inc), Loan Agreement (Valpey Fisher Corp)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, principally or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used for any purpose, including, without limitation, to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, which violates, or which is inconsistent with, the provisions of Regulation T, U or Regulation X.

Appears in 4 contracts

Samples: Credit Agreement (Home Depot Inc), Credit Agreement (Home Depot Inc), Credit Agreement (Home Depot Inc)

Margin Stock. Neither Borrower any Obligor nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 4 contracts

Samples: Credit Agreement (Kadmon Holdings, LLC), Credit Agreement (Kadmon Holdings, LLC), Credit Agreement (Kadmon Holdings, LLC)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans Term Loan will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 4 contracts

Samples: Forbearance Agreement (Icagen, Inc.), Asset Purchase Agreement and Collaboration Agreement (Icagen, Inc.), Credit Agreement (Icagen, Inc.)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its or their important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of margin stock (within the proceeds of the Loans will be used to buy or carry any Margin Stock in violation meaning of Regulation T, U or X.X of the Board).

Appears in 3 contracts

Samples: Assignment and Assumption (Pioneer Natural Resources Co), Credit Agreement (Pioneer Natural Resources Co), Joinder Agreement (Pioneer Natural Resources Co)

Margin Stock. Neither Borrower nor None of the Borrower, any other Obligor or any of its their respective Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part “margin stock” or a “margin security” within the meaning of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation Regulations T, U or X.and X of the Board.

Appears in 3 contracts

Samples: Credit Agreement (Wells Core Office Income Reit Inc), Credit Agreement (Wells Core Office Income Reit Inc), Credit Agreement (Wells Core Office Income Reit Inc)

Margin Stock. Neither the Borrower nor any of its Subsidiaries Subsidiary thereof is engaged principally, principally or as one of its important activities, activities in the business of extending credit for the purpose, whether immediate, incidental purpose of "purchasing" or ultimate, of buying or carrying "carrying" any Margin Stock, and no . No part of the proceeds of the Loans Loan will be used to buy for purchasing or carry any carrying Margin Stock in violation or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X.X of such Board of Governors.

Appears in 3 contracts

Samples: Credit Agreement (Darden Restaurants Inc), Credit Agreement (Darden Restaurants Inc), Credit Agreement (Darden Restaurants Inc)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.X of the Board.

Appears in 3 contracts

Samples: Term Loan Agreement (Corium International, Inc.), Term Loan Agreement (Corium International, Inc.), Term Loan Agreement (Corium International, Inc.)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Revolving Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of Regulation purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with the provisions of, Regulations G, T, U or X.

Appears in 3 contracts

Samples: Credit Agreement (Avado Brands Inc), Credit Agreement (Apple South Inc), Credit Agreement (Apple South Inc)

Margin Stock. Neither any Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 3 contracts

Samples: Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of Regulation Tpurchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulations U or X.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Valspar Corp), Revolving Credit Agreement (Valspar Corp), Credit Agreement (Valspar Corp)

Margin Stock. Neither the Borrower nor any of its ------------ Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation T, U or Regulation X.

Appears in 3 contracts

Samples: Credit Agreement (Global Payments Inc), Credit Agreement (National Data Corp), Credit Agreement (National Data Corp)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock“margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, and no part not more than 25% of the proceeds value of the Loans will be used to buy or carry any Margin Stock in violation assets of Regulation T, U or X.the Borrower is comprised of margin stock.

Appears in 3 contracts

Samples: And Consolidated Credit Agreement (Epr Properties), And Consolidated Credit Agreement (Epr Properties), And Consolidated Credit Agreement (Epr Properties)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation G, T, U or X.

Appears in 3 contracts

Samples: Credit Agreement (Gerber Scientific Inc), Credit Agreement (Culp Inc), Credit Agreement (Guilford Mills Inc)

Margin Stock. Neither Borrower the Borrowers nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation T, U or X.

Appears in 2 contracts

Samples: Credit Agreement (Crown Crafts Inc), Credit and Security Agreement (Belden Inc)

Margin Stock. Neither the Borrower nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation T, U or X.

Appears in 2 contracts

Samples: Credit and Security Agreement (Thomas & Betts Corp), Credit and Security Agreement (Thomaston Mills Inc)

Margin Stock. Neither Borrower Parent Guarantor nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, Regulation U or Regulation X.

Appears in 2 contracts

Samples: Term Loan Agreement, Subordination Agreement (Strongbridge Biopharma PLC)

Margin Stock. Neither (a) None of the Borrower nor or any of its Restricted Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X..

Appears in 2 contracts

Samples: Second Amendment and Restatement Agreement (Dropbox, Inc.), Amendment and Restatement Agreement (Dropbox, Inc.)

Margin Stock. Neither Borrower Parent nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 2 contracts

Samples: Term Loan Agreement (Strongbridge Biopharma PLC), Term Loan Agreement (Strongbridge Biopharma PLC)

Margin Stock. Neither Borrower Borrowers nor any of its their Subsidiaries is engaged principallyengaged, principally or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.margin stock.

Appears in 2 contracts

Samples: Possession Credit Agreement (Peregrine Systems Inc), BMC Software Inc

Margin Stock. Neither Borrower No Obligor nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, Regulation U or Regulation X.

Appears in 2 contracts

Samples: Credit Agreement (Pear Therapeutics, Inc.), Credit Agreement (Pear Therapeutics, Inc.)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used used, except as permitted by Section 5.11, (a) to buy purchase or carry any Margin Stock in violation or (b) to extend credit to others for the purpose of Regulation T, U purchasing or X.carrying any Margin Stock.

Appears in 2 contracts

Samples: Credit Agreement (Mohawk Industries Inc), Credit Agreement (Mohawk Industries Inc)

Margin Stock. Neither Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying any Margin Stock, and no . No part of the proceeds of the Loans made to Borrower or any of its Subsidiaries will be used to buy purchase or carry any such Margin Stock in violation or to extend credit to others for any purpose that violates the provisions of Regulation T, U or X.X of the Federal Reserve Board.

Appears in 2 contracts

Samples: Credit Agreement (Sauer Danfoss Inc), Credit Agreement (Sauer Danfoss Inc)

Margin Stock. Neither Borrower None of the Obligors nor any of its their Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (Menlo Therapeutics Inc.), Credit Agreement and Guaranty (Foamix Pharmaceuticals Ltd.)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used used, except as permitted by Section 5.10, (a) to buy purchase or carry any Margin Stock in violation or (b) to extend credit to others for the purpose of Regulation T, U purchasing or X.carrying any Margin Stock.

Appears in 2 contracts

Samples: Five Year Credit Agreement (Mohawk Industries Inc), 364 Day Credit Agreement (Mohawk Industries Inc)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Revolving Loan or Swing Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of Regulation purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with the provisions of, Regulations T, U or X.

Appears in 2 contracts

Samples: Credit Agreement (Avado Brands Inc), Credit Agreement (Avado Brands Inc)

Margin Stock. Neither Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, principally in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying Margin Stock, and no part of "margin stock" within the proceeds of the Loans will be used to buy or carry any Margin Stock in violation meaning of Regulation T, U or X.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Amreit), Revolving Credit Agreement (Amreit)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Revolving Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of Regulation purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with the provisions of, Regulations T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Avado Brands Inc)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engages, or will be engaged principally, principally or as one of its important activities, activities in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying Margin Stock, and no part or trading in any margin stocks or margin securities (within the meaning of Regulation U of the proceeds Board of Governors of the Loans will be used Federal Reserve System as amended from time to buy or carry any Margin Stock in violation of Regulation T, U or X.time).

Appears in 1 contract

Samples: Credit Agreement (Willis Lease Finance Corp)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used used, except as permitted by Section 5.11 (a) to buy purchase or carry any Margin Stock in violation or (b) to extend credit to others for the purpose of Regulation T, U purchasing or X.carrying any Margin Stock.

Appears in 1 contract

Samples: Credit Agreement (Mohawk Industries Inc)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important significant activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Apyx Medical Corp)

Margin Stock. Neither Holdings, the Borrower nor any of its their Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation T, U or X.

Appears in 1 contract

Samples: Loan and Security Agreement (Atlantic Coast Airlines Holdings Inc)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin StockStock (other than its ownership of stock in Keebler), and no part of the proceeds of the Loans any Loan will be used to buy or carry for any Margin Stock purpose in violation of the provisions of Regulation T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Flowers Industries Inc /Ga)

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Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation T, U or X.X. Insolvency

Appears in 1 contract

Samples: Credit Agreement (Gerber Scientific Inc)

Margin Stock. Neither Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation or to extend credit to others for the purpose of Regulation T, U buying or X.carrying Margin Stock.

Appears in 1 contract

Samples: Loan Agreement (EyePoint Pharmaceuticals, Inc.)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will any Loan shall be used used, directly or indirectly, to buy purchase or carry any Margin Stock in violation of Regulation T, U or X.Stock.

Appears in 1 contract

Samples: Loan and Security Agreement (It Partners Inc)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of Regulation purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with the provisions of, Regulations G, T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Apple South Inc)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its or their important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of margin stock (within the proceeds of the Loans will be used to buy or carry any Margin Stock in violation meaning of Regulation T, U or X.X of the Board).”

Appears in 1 contract

Samples: Credit Agreement (Pioneer Natural Resources Co)

Margin Stock. Neither Borrower nor any of its the Subsidiaries is engaged principally------------ engaged, principally or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X..

Appears in 1 contract

Samples: Loan and Security Agreement (Master Graphics Inc)

Margin Stock. Neither None of the Borrower nor any of or its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purposepurpose of purchasing, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.. ARTICLE V

Appears in 1 contract

Samples: Credit Agreement (Beazer Homes Usa Inc)

Margin Stock. Neither the Borrower nor any of its Subsidiaries (other than SCANA Communications, Inc.) is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy extend credit to others for the purpose of purchasing or carry carrying any Margin Stock in violation Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Scana Corp)

Margin Stock. Neither the Borrower nor any of its ------------ Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used used, except as permitted by Section 5.12, (a) to buy purchase or carry any Margin Stock in violation or (b) to extend credit to others for the purpose of Regulation T, U purchasing or X.carrying any Margin Stock.

Appears in 1 contract

Samples: Credit Agreement (Mohawk Industries Inc)

Margin Stock. Neither Borrower None of the Loan Parties nor any of its their Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, Regulation U or Regulation X.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (NanoString Technologies Inc)

Margin Stock. Neither any Borrower nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation G, T, U or X.

Appears in 1 contract

Samples: Credit Agreement (National Service Industries Inc)

Margin Stock. Neither Borrower Holdings nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 1 contract

Samples: Term Loan Agreement (Alignment Healthcare, Inc.)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation G,T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Springs Industries Inc)

Margin Stock. Neither any Borrower nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation T, U or X.

Appears in 1 contract

Samples: Credit Agreement (National Service Industries Inc)

Margin Stock. Neither Borrower the Borrowers nor any of its their Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans any extension of credit under this Agreement will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.Stock.

Appears in 1 contract

Samples: Loan and Security Agreement (Nashua Corp)

Margin Stock. Neither Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.X. Section 7.11

Appears in 1 contract

Samples: Term Loan Agreement (Axogen, Inc.)

Margin Stock. Neither Borrower the Borrowers nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation G,T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Southern Electronics Corp)

Margin Stock. Neither Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, principally in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying Margin Stock, and no part of “margin stock” within the proceeds of the Loans will be used to buy or carry any Margin Stock in violation meaning of Regulation T, U or X.

Appears in 1 contract

Samples: Revolving Credit Agreement (Amreit)

Margin Stock. Neither Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental purpose of purchasing or ultimatecarrying “margin stock” within the meaning of Regulation U (12 CFR Part 221), of buying or carrying Margin Stock, and no part the Board of Governors of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.Federal Reserve System.

Appears in 1 contract

Samples: Financing Agreement (MCG Capital Corp)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, Regulation U or Regulation X.

Appears in 1 contract

Samples: Credit Agreement (Thimble Point Acquisition Corp.)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, principally or as one of its important activities, material activities in the business of extending credit for the purpose, whether immediate, incidental purpose of "purchasing" or ultimate, "carrying" any "margin stock" (as each such term is defined or used in Regulation U of buying or carrying Margin Stock, and no the Board). No part of the proceeds of the Loans any Loan or Letter of Credit has been or will be used to buy for purchasing or carry any Margin Stock in violation of Regulation T, U or X.carrying margin stock.

Appears in 1 contract

Samples: Credit Agreement (Reynolds & Reynolds Co)

Margin Stock. Neither the Borrower nor any of its ------------ Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock in violation or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose which violates, or which is inconsistent with, the provisions of Regulation G, T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Us Xpress Enterprises Inc)

Margin Stock. Neither None of the Borrower nor or any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part “margin stock” within the meaning of Regulation U of the proceeds Board of Governors of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.Federal Reserve System.

Appears in 1 contract

Samples: Credit Agreement (Equity Commonwealth)

Margin Stock. Neither Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X..

Appears in 1 contract

Samples: Loan and Security Agreement (NewStar Financial, Inc.)

Margin Stock. Neither Borrower nor any of its Subsidiaries is engaged principallyor will engage, principally or as one of its important activities, in the business of purchasing or carrying Margin Stock (within the meaning of Regulation U of the Federal Reserve Board), or extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying Margin Stock, and no part . Neither Borrower nor any of the proceeds of the Loans will its Subsidiaries has taken or permitted to be used taken any action that might cause any Loan Document to buy or carry any Margin Stock in violation of violate Regulation T, U or X.X of the Federal Reserve Board.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Sarepta Therapeutics, Inc.)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans any Loan will be used to buy purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, or be used for any purpose, in each case in violation of the provisions of Regulation G, T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Flowers Industries Inc /Ga)

Margin Stock. Neither Borrower Parent nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of the Term Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X.

Appears in 1 contract

Samples: Term Loan Agreement (Alignment Healthcare, Inc.)

Margin Stock. Neither Borrower nor any of its Subsidiaries is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, Stock and no part of the proceeds of the Loans any Credit Extension hereunder will be used to buy or carry any Margin Stock in violation Stock. Neither the making of any of the Loans or the proceeds thereof, will violate or be inconsistent with the provisions of Regulation D, T, U or X.

Appears in 1 contract

Samples: Loan Agreement (Morgans Foods Inc)

Margin Stock. Neither the Borrower nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying or carrying Margin Stock, and no part . Not more than 25% of the proceeds value of the Loans assets subject to any provision of this Agreement or any other Credit Document that restricts the ability of the Borrower or any of the Subsidiaries to sell, create a Lien on or otherwise dispose of its assets will at any time be used to buy or carry any represented by Margin Stock in violation of Regulation T, U or X.Stock.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (AutoTrader Group, Inc.)

Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock“margin stock” within the meaning of Regulation U, and no part of the proceeds of the Loans will be used to buy for the purpose, whether immediate, incidental or carry ultimate, of buying or carrying any Margin Stock in violation of Regulation T, U or X.such “margin stock”.

Appears in 1 contract

Samples: Credit Agreement (Empire Resorts Inc)

Margin Stock. Neither Borrower Borrowers nor any of its the Subsidiaries is engaged principallyengaged, principally or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, purpose of buying purchasing or carrying any Margin Stock, and no part of the proceeds of the Loans will be used to buy or carry any Margin Stock in violation of Regulation T, U or X..

Appears in 1 contract

Samples: Loan and Security Agreement (Cmi Industries Inc)

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