Common use of No Margin Stock Clause in Contracts

No Margin Stock. No proceeds of any Revolving Loan shall be used directly or indirectly to purchase or carry any margin security.

Appears in 9 contracts

Samples: Letter Agreement (Exchange Applications Inc), Pledge Agreement (Aspect Medical Systems Inc), Letter Agreement (Zoom Telephonics Inc)

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No Margin Stock. No proceeds of any Revolving Loan shall be used directly or indirectly to purchase or carry any margin security.

Appears in 6 contracts

Samples: Second Amended and Restated Loan Agreement (Chase Corp), Letter Agreement (Abiomed Inc), Loan Agreement (Chase Corp)

No Margin Stock. No proceeds of any Revolving Loan shall be used --------------- directly or indirectly to purchase or carry any margin security.

Appears in 2 contracts

Samples: Letter Agreement (Candela Corp /De/), Letter Agreement (Aseco Corp)

No Margin Stock. No proceeds of any Revolving Loan shall be used directly or indirectly to purchase or carry any margin securitysecurities or margin stock.

Appears in 1 contract

Samples: Security Agreement (Aspect Medical Systems Inc)

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No Margin Stock. No proceeds of any Revolving the Loan shall be used directly or indirectly to purchase or carry any margin security.

Appears in 1 contract

Samples: Term Loan Agreement (Chase Corp)

No Margin Stock. No proceeds of any Revolving Loan shall be used directly or --------------- indirectly to purchase or carry any margin security.

Appears in 1 contract

Samples: Letter Agreement (Peritus Software Services Inc)

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