Margin Stocks Sample Clauses
The 'Margin Stocks' clause defines which securities or assets are considered margin stocks for the purposes of a financial agreement, typically in the context of margin lending or secured transactions. It specifies the types of stocks or financial instruments that can be used as collateral, often referencing regulatory definitions or listing specific categories such as stocks listed on major exchanges. By clearly identifying eligible margin stocks, this clause ensures compliance with lending regulations and helps both parties understand which assets can be pledged, thereby reducing ambiguity and managing risk in the transaction.
Margin Stocks. Use all or any part of the proceeds of any advance made hereunder to purchase or carry, or to reduce or retire any loan incurred to purchase or carry, any margin stocks (within the meaning of Regulations U, T or X of the Board) or to extend credit to others for the purpose of purchasing or carrying any such margin stocks.
Margin Stocks. No VSE Entity is engaged and no VSE Entity will engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulations U, T or X of the FRB), or extending credit for the purpose of purchasing or carrying margin stock. Following the application of the proceeds of each borrowing or drawing under each Letter of Credit, not more than twenty-five percent (25%) of the value of the assets (of any Borrower or of any Borrower together with its Subsidiaries on a consolidated basis) subject to any restriction contained in this Agreement or subject to any restriction contained in any agreement or instrument between any Borrower and any Lender or any Affiliate of any Lender relating to Indebtedness and within the scope of 9.1(j) will be margin stock.
Margin Stocks. 46 Section 5.32Survival of Representations and Warranties 46 ARTICLE 6AFFIRMATIVE COVENANTS OF THE BORROWERS 46 Section 6.1Payment of Loan Obligations 47 Section 6.2Payment of Taxes 47 Section 6.3Delivery of Financial and Other Statements 47 Section 6.4Maintenance of Records; Review by the Administrative Agent 48 Section 6.5Maintenance of Insurance Coverage 48 Section 6.6Maintenance of Property/Collateral; Performance of Contracts 49 Section 6.7Maintenance of Existence 49 Section 6.8Maintenance of Certain Deposit Accounts with the Administrative Agent 49
Margin Stocks. The Guarantor is not engaged in the business of extending credit for the purpose of purchasing or carrying margin stock within the meaning of Regulations G, T and X issued by the Board of Governors of the Federal Reserve System.
Margin Stocks. Use any part of the proceeds of any advance made hereunder to purchase or carry, or to reduce or retire any loan incurred to purchase or carry, any margin stocks (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) or to extend credit to others for the purpose of purchasing or carrying any such margin stocks;
Margin Stocks. The US Borrower may not use the proceeds of any Utilisation, directly or indirectly, to buy or carry Margin Stock or to extend credit to others for the purpose of buying or carrying Margin Stock, in each case other than the common stock of the Target.
Margin Stocks. 46 Section 7.3