No Margin Stock. The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 22 contracts
Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (RoomStore, Inc.)
No Margin Stock. The No Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 15 contracts
Samples: Loan and Security Agreement (Drugmax Inc), Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (dELiAs, Inc.)
No Margin Stock. The Borrower is Borrowers are not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 7 contracts
Samples: Loan and Security Agreement (Duckwall Alco Stores Inc), Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Restoration Hardware Inc)
No Margin Stock. The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G, U, T, and X X, of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 5 contracts
Samples: Agreement (Right Start Inc /Ca), Agreement (Crown Books Corp), Loan and Security Agreement (Harvey Electronics Inc)
No Margin Stock. The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G,U, ,T, and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 3 contracts
Samples: Loan and Security Agreement (Sun Television & Appliances Inc), Term Loan and Security Agreement (Sun Television & Appliances Inc), Factory Card Outlet Corp
No Margin Stock. The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying margin stock. None of the proceeds of the Loan shall be used to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any margin stock (within the meaning of Regulations U, T, U and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock ) or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 3 contracts
Samples: Loan Agreement (Synergy CHC Corp.), Loan Agreement (Synergy CHC Corp.), Loan Agreement (Synergy Strips Corp.)
No Margin Stock. The No Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, U. and X X. of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder from any Lender will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 3 contracts
Samples: Loan Agreement (Dynamics Research Corp), Loan Agreement (Dynamics Research Corp), Loan Agreement (Dynamics Research Corp)
No Margin Stock. The No Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, U.T. and X X. of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder from the Lender will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 2 contracts
Samples: Loan and Security Agreement (Dynagen Inc), Loan and Security Agreement (Dynamics Research Corp)
No Margin Stock. The Borrower is not engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, G.U.T. and X X. of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 2 contracts
Samples: Loan and Security Agreement (Sunbelt Nursery Group Inc), Loan and Security Agreement (Sunbelt Nursery Group Inc)
No Margin Stock. The No Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, T and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 1 contract
Samples: Jacobson Stores Inc
No Margin Stock. The Borrower is Borrowers are not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, ,T, and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 1 contract
No Margin Stock. The No Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stockstock other than in compliance with all Requirements of Law.
Appears in 1 contract
No Margin Stock. The Borrower is not engaged in the business --------------- of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, G.U.T. and X X. of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder from the Lender will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 1 contract
Samples: Loan and Security Agreement (Seachange International Inc)
No Margin Stock. The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G,U, T, ,T and X X. of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 1 contract
Samples: Big Entertainment Inc
No Margin Stock. The No Principal Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G, U, T, and X X. of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder from the Lender will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 1 contract
No Margin Stock. The Except for credit extended under the Borrower's option plans, the Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 1 contract
No Margin Stock. The No Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock. 416 -ERISA.
Appears in 1 contract
