Common use of Purpose Credit Clause in Contracts

Purpose Credit. (a) The Borrower has not engaged principally or as one of its important activities in the business of extending credit for the purpose of "purchasing" or "

Appears in 3 contracts

Samples: Revolving Credit Agreement (United States Cellular Corp), Credit Agreement (United States Cellular Corp), Credit Agreement (Allbritton Communications Co)

AutoNDA by SimpleDocs

Purpose Credit. (a) The Borrower has not engaged principally or as one of its important activities in the business of extending credit for the purpose of "purchasing" or "“carrying” any “margin stock” within the respective meanings of each of the quoted terms under Regulation U of the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Revolving Credit Agreement (Telephone & Data Systems Inc /De/)

Purpose Credit. (a) The Borrower has not engaged principally or as one of its important activities in the business of extending credit for the purpose of "purchasingPURCHASING" or "

Appears in 1 contract

Samples: Revolving Credit Agreement (Telephone & Data Systems Inc /De/)

Purpose Credit. (a) The Borrower has not engaged principally or as one of its important activities in the business of extending credit for the purpose of "purchasing" or "“carrying” any “margin

Appears in 1 contract

Samples: Revolving Credit Agreement (United States Cellular Corp)

AutoNDA by SimpleDocs

Purpose Credit. (a) The Borrower has not engaged principally or as one of its important activities in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" within the respective meanings of each of the quoted terms under Regulation U of the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Revolving Credit Agreement (Telephone & Data Systems Inc /De/)

Purpose Credit. (a) The Borrower has Borrowers have not engaged principally or as one of its their important activities in the business of extending credit for the purpose of "purchasing" or "

Appears in 1 contract

Samples: Revolving Credit Agreement (Au Bon Pain Co Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.