Use of Proceeds and Margin Security. The Borrowers shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 19 contracts
Samples: Loan and Security Agreement (Sba Communications Corp), Loan and Security Agreement (Sba Communications Corp), Loan and Security Agreement (Global Signal Inc)
Use of Proceeds and Margin Security. The Borrowers shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 3 contracts
Samples: Loan and Security Agreement (American Tower Corp /Ma/), Loan and Security Agreement (American Tower Corp /Ma/), Loan and Security Agreement (American Tower Corp /Ma/)
Use of Proceeds and Margin Security. The Borrowers shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 3 contracts
Samples: Loan and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Loan and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Loan and Security Agreement (Education Realty Trust, Inc.)
Use of Proceeds and Margin Security. The Borrowers shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutesstatues, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 2 contracts
Samples: Loan and Security Agreement (Lodgian Inc), Loan and Security Agreement (Lodgian Inc)
Use of Proceeds and Margin Security. The Borrowers Borrower Parties shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (Strategic Storage Trust II, Inc.), Loan Agreement (Strategic Storage Trust II, Inc.)
Use of Proceeds and Margin Security. The Borrowers Borrower shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers Borrower or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (Lodgian Inc), Mezzanine Loan Agreement (Lodgian Inc)
Use of Proceeds and Margin Security. The Borrowers Borrower shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers Borrower or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation TG, Regulation U U, Regulation T or Regulation X or any other regulation of the Board of Governors of the Federal Reserve SystemSystem or to violate the Securities and Exchange Act of 1933.
Appears in 1 contract
Samples: Loan Agreement (Equity Inns Inc)
Use of Proceeds and Margin Security. The Borrowers Borrower shall use the proceeds of all Loans as described in the Loan only for the purposes set forth herein and recitals to this Agreement consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the any Loan shall be used by for the Borrowers purpose of purchasing or any Person carrying margin stock within the meaning of Regulation U, or in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U T or Regulation X or any other regulation of the Board of Governors of the Federal Reserve SystemSystem or to violate the Exchange Act.
Appears in 1 contract
Samples: Loan and Security Agreement (Pizza Inn Holdings, Inc /Mo/)
Use of Proceeds and Margin Security. The Borrowers Borrower Parties shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers any Borrower or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 1 contract
Samples: Loan and Security Agreement (HRPT Properties Trust)
Use of Proceeds and Margin Security. The Borrowers shall use the proceeds of the Loan only all Loans for the purposes set forth herein working capital and consistent with all applicable laws, statutes, rules and regulationsother general corporate purposes. No portion of the proceeds of the any Loan shall be used by for the Borrowers purpose of purchasing or any Person carrying margin stock within the meaning of Regulation U, or in any manner that might would cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U T or Regulation X or any other regulation of the Board of Governors of the Federal Reserve SystemSystem or to violate the Securities Act.
Appears in 1 contract
Samples: Loan and Security Agreement (Sun Healthcare Group Inc)
Use of Proceeds and Margin Security. The Borrowers Borrower shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers Borrower or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 1 contract
Samples: Loan and Security Agreement (Investors Real Estate Trust)
Use of Proceeds and Margin Security. The Borrowers Borrower Parties shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers Borrower or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation TU, Regulation U T or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 1 contract
Samples: Loan and Security Agreement (Digital Realty Trust, Inc.)
Use of Proceeds and Margin Security. The Borrowers Borrower Parties shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers Borrower or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 1 contract
Samples: Loan and Security Agreement (HRPT Properties Trust)
Use of Proceeds and Margin Security. The Borrowers Borrower Parties shall use the ----------------------------------- proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers Borrower or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System.
Appears in 1 contract
Use of Proceeds and Margin Security. The Borrowers shall use the proceeds of the Loan only for the purposes set forth herein and consistent with all applicable laws, statutes, rules and regulations. No portion of the proceeds of the Loan shall be used by the Borrowers or any Person in any manner that might cause the borrowing or the application of such proceeds to violate Regulation T, Regulation U or Regulation X or any other regulation of the Board of Governors of the Federal Reserve System................... 45 SECTION 4.20
Appears in 1 contract
Use of Proceeds and Margin Security. The Borrowers Borrower shall use the proceeds of the Loan only Loans for the purposes expressly set forth herein and consistent with all applicable laws, statutes, rules and regulationsherein. No portion of the proceeds of the Loan Loans shall be used by the Borrowers or any Person Borrower in any manner that might cause the borrowing or the application of such proceeds to violate Regulation TG, Regulation U U, Regulation T or Regulation X or any other regulation of the Board of Governors of the Federal Reserve SystemSystem or to violate the Securities Exchange Act of 1934 or any applicable usury law.
Appears in 1 contract
