Specifically Prohibited Applications Clause Samples
Specifically Prohibited Applications. The Borrower will not, directly or indirectly, apply any part of the proceeds of any extension of credit made pursuant to the Loan Documents to purchase or to carry Margin Stock or to any transaction prohibited by the Foreign Trade Regulations, by other Bank Legal Requirements of applicable to the Banks or by the Loan Documents.
Specifically Prohibited Applications. The Company will not, directly or indirectly, apply any part of the proceeds of any extension of credit made pursuant to the Credit Documents to purchase or to carry Margin Stock (except the First Reserve Common Stock) or to any transaction prohibited by the Foreign Trade Regulations, by other Legal Requirements applicable to the Lenders or by the Credit Documents.
Specifically Prohibited Applications. The Company will not directly or indirectly apply any part of the proceeds of any Loan made pursuant to this Agreement for the purposes of purchasing or carrying of any "margin stock" within the meaning of Regulation G, T, U or X of the Board of Governors of the Federal Reserve System, or any regulations, interpretations or rulings thereunder, all as from time to time in effect, or to the refunding of any loan incurred for such purpose.
Specifically Prohibited Applications. Nature of Obligations of Lenders to Make Extensions of Credit..... 29 -------------------------------------------------------------
Specifically Prohibited Applications. 2.5. Nature of Obligations of Lenders to Make Extensions of Credit...
Specifically Prohibited Applications. The Borrowers will not, directly or indirectly, apply any part of the proceeds of any extension of credit made pursuant to the Credit Documents to purchase or to carry Margin Stock or to any transaction prohibited by Legal Requirements applicable to the Lenders or by the Credit Documents.
Specifically Prohibited Applications. 26 2.4. Nature of Obligations of Lenders to Make Extensions of Credit . . . . . . . . . . . . . . . . . . .
Specifically Prohibited Applications. 35 2.5 Nature of Obligations of Banks to Make Extensions of Credit . . . . . . . . . . 35 (i) 3 Acquisition Note Page ii ARTICLE III INTEREST; EURODOLLAR PRICING OPTIONS; FEES . . . . . . . . . . . . . . . . . . . . . . 35 3.1 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 3.2 Eurodollar Pricing Options. . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Specifically Prohibited Applications. The Company will not, directly or indirectly, apply any part of the proceeds of any extension of credit made pursuant to the Credit Documents (a) to purchase or to carry Margin Stock in amounts that would result in a violation of Regulation U of the Board of Governors of the Federal Reserve System, (b) to any transaction prohibited by other Credit Documents, (c) to make any Distribution (other than in respect of the Receivables Securitization Facility or the Canadian Credit Facility) or (d) to make any voluntary prepayment of principal of or interest on any Financing Debt (other than the Credit Obligations, the Receivables Securitization Facility or the Canadian Credit Facility) or make any voluntary redemptions or repurchases of Financing Debt (other than the Credit Obligations, the Receivables Securitization Facility or the Canadian Credit Facility).
Specifically Prohibited Applications. The Company will not, directly or indirectly, apply any part of the proceeds of any extension of credit made pursuant to the Credit Documents to purchase or to carry Margin Stock or to any transaction prohibited by the Credit Documents or by Legal Requirements applicable to the Lenders.