Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 19 contracts
Samples: Credit Agreement (Vista Eyecare Inc), Credit Agreement (Dreyers Grand Ice Cream Inc), Credit Agreement (Vans Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to will be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.08. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 15 contracts
Samples: Credit Agreement (Republic Services, Inc.), Credit Agreement (Republic Services, Inc.), Credit Agreement (Republic Services Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.07working capital purposes. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 13 contracts
Samples: Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc), Loan and Security Agreement (Nicholas Financial Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 11 contracts
Samples: Credit Agreement (Marcus Corp), Credit Agreement (Marcus Corp), Credit Agreement (Picturetel Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.077.12. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 11 contracts
Samples: Multicurrency Credit Agreement (Briggs & Stratton Corp), Credit Agreement, Credit Agreement (Regis Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.078.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 9 contracts
Samples: Credit Agreement (New Horizons Worldwide Inc), Credit Agreement (System Software Associates Inc), Credit Agreement (Material Sciences Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 9 contracts
Samples: Bridge Loan Agreement (Mentor Graphics Corp), Bridge Loan Agreement (Innoveda Inc), Credit Agreement (Qad Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to shall be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.077.13. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 8 contracts
Samples: Credit Agreement (Exploration Co of Delaware Inc), Credit Agreement (Venoco, Inc.), Term Loan Agreement (Venoco, Inc.)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.07. Neither the The Company nor any Subsidiary is not generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 8 contracts
Samples: Credit Agreement (Enstar Income Program Iv-1 Lp), Credit Agreement (Enstar Income Program 1984-1 Lp), Credit Agreement (Enstar Income Growth Program Six B L P)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.10. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 7 contracts
Samples: Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 8.9. None of the Borrower and Section 8.07. Neither the Company nor any Subsidiary its Subsidiaries is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 7 contracts
Samples: Credit Agreement (Amerigas Partners Lp), Credit Agreement (Ugi Corp /Pa/), Credit Agreement (Amerigas Partners Lp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 Sections 7.13 and Section 8.078.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 7 contracts
Samples: Credit Agreement (Del Monte Foods Co), Credit Agreement (Del Monte Foods Co), Credit Agreement (Del Monte Foods Co)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.05. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 7 contracts
Samples: Day Revolving Credit Agreement (Deluxe Corp), Day Revolving Credit Agreement (Deluxe Corp), Day Revolving Credit Agreement (Deluxe Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.11 and Section 8.077.06. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Margin Stock constitutes less than 25% of the value of those assets of the Company and its Subsidiaries which are subject to any limitation on sale, pledge or other restriction hereunder.
Appears in 6 contracts
Samples: Credit Agreement (Mdu Resources Group Inc), Credit Agreement (Mdu Resources Group Inc), Credit Agreement (Mdu Resources Group Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.077.12. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 6 contracts
Samples: Credit Agreement (Atmos Energy Corp), Credit Agreement (Atmos Energy Corp), Credit Agreement (Atmos Energy Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.10. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling carrying Margin Stock (other than the Company’s own treasury stock) or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 5 contracts
Samples: Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.11 and Section 8.077.07. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 4 contracts
Samples: Credit Agreement (St Jude Medical Inc), Credit Agreement (St Jude Medical Inc), Credit Agreement (St Jude Medical Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section SECTION 7.12 and Section SECTION 8.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 4 contracts
Samples: Credit Agreement (Century Business Services Inc), Credit Agreement (Lone Star Technologies Inc), Credit Agreement (Century Business Services Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.07. Neither the Company nor any Subsidiary of the Company is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 4 contracts
Samples: Credit Agreement (Maxxam Group Holdings Inc), Credit Agreement (Maxxam Group Holdings Inc), Credit Agreement (Maxxam Group Holdings Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.077.11. Neither the Company nor any Material Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 4 contracts
Samples: Credit Agreement (Oshkosh Corp), Credit Agreement (Oshkosh Truck Corp), Credit Agreement (Oshkosh Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to will be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.078.8. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 4 contracts
Samples: Credit Agreement (Snyder's-Lance, Inc.), Credit Agreement (Lance Inc), Credit Agreement (Lance Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section Sections 7.12 and Section 8.078.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 3 contracts
Samples: Credit Agreement (Air Cure Technologies Inc /De), Credit Agreement (Rayovac Corp), Credit Agreement (American Disposal Services Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 7.11 and Section 8.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 3 contracts
Samples: Credit Agreement (Premcor Refining Group Inc), Credit Agreement (Clark Refining & Marketing Inc), Credit Agreement (Premcor Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section Sections 6.12 and 7.12 and Section 8.07of this Agreement. Neither the Company such Credit Party nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 3 contracts
Samples: Credit Agreement (Gentle Dental Service Corp), Credit Agreement (Gentle Dental Service Corp), Credit Agreement (Gentle Dental Service Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to will be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 3 contracts
Samples: Term Loan Agreement (Pactiv Corp), Term Credit Agreement (Tenneco Packaging Inc), Long Term Credit Agreement (Tenneco Packaging Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.078.6. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 3 contracts
Samples: Credit Agreement (Quality Food Centers Inc), Credit Agreement (Vlsi Technology Inc), Credit Agreement (Longview Fibre Co)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. To the extent that the Company uses Loan proceeds to acquire shares of its own stock which is Margin Stock, the Company will cause such acquired shares to be immediately retired.
Appears in 3 contracts
Samples: Credit Agreement (Mentor Graphics Corp), Credit Agreement (Mentor Graphics Corp), Credit Agreement (Mentor Graphics Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.7. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 3 contracts
Samples: Credit Agreement (Grainger W W Inc), Credit Agreement (Us Home & Garden Inc), Credit Agreement (Amazon Com Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.12. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 3 contracts
Samples: Credit Agreement (Regis Corp), Credit Agreement (Regis Corp), Credit Agreement (Regis Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.5. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 3 contracts
Samples: Year Credit Agreement (Mgic Investment Corp), Bridge Credit Agreement (Mgic Investment Corp), Credit Agreement (Mgic Investment Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 7.11 and Section 8.07. Neither the Company Borrower nor any Subsidiary Affiliate of the Borrower is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 3 contracts
Samples: Credit Agreement (Ferrellgas Finance Corp), Credit Agreement (Ferrellgas Partners Finance Corp), Credit Agreement (Ferrellgas Partners Finance Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.10 and Section 8.077.6. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Margin Stock constitutes less than 25% of the consolidated assets of the Company and its Subsidiaries that are subject to any limitation on sale or pledge, or any similar restriction, hereunder.
Appears in 3 contracts
Samples: Credit Agreement (Smith a O Corp), Credit Agreement (Smith a O Corp), Credit Agreement (Smith a O Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans and the Letters of Credit are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.07. Neither None of the Company Borrowers nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 3 contracts
Samples: Credit Agreement (Precision Castparts Corp), Credit Agreement (Precision Castparts Corp), Credit Agreement (Precision Castparts Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.12. Neither the Company any Borrower nor any Subsidiary of the Company is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Idex Corp /De/), Credit Agreement (Idex Corp /De/)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 7.11 and Section 8.07. Neither the Company nor any Subsidiary of its Subsidiaries is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Plantronics Inc /Ca/), Credit Agreement (Plantronics Inc /Ca/)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock and none of the proceeds of the Loans shall be used for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Dendrite International Inc), Credit Agreement (Dendrite International Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.6. Neither the Company Guarantor nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Phoenix Companies Inc/De), Credit Agreement (Phoenix Companies Inc/De)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.10. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Senior Bridge Term Loan Agreement (McKesson Corp), Senior Bridge Term Loan Agreement (McKesson Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in Permitted Uses and as permitted by Section 7.12 and Section 8.079.07 of this Agreement. Neither the Company nor any Subsidiary The Borrower is not generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Uncommitted Revolving Credit Agreement (Tesoro Corp /New/), Uncommitted Revolving Credit Agreement (Tesoro Corp /New/)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.. 6.09
Appears in 2 contracts
Samples: Credit Agreement (Bucyrus International Inc), Credit Agreement (Precision Castparts Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 8.12 and Section 8.079.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Ameriserve Transportation Inc), Credit Agreement (Nebco Evans Holding Co)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are ----------------------------------- to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.09. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.11 and Section 8.077.07. Neither of the Company Companies nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (St Jude Medical Inc), Day Credit Agreement (St Jude Medical Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.07general corporate purposes. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Meade Instruments Corp), Credit Agreement (Meade Instruments Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.12. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. No part of the proceeds of any Loan will be used for purchasing or carrying Margin Stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulations U or X of the FRB.
Appears in 2 contracts
Samples: Day Credit Agreement (Unumprovident Corp), Credit Agreement (Unumprovident Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans Term Loan are to be used solely for the purposes set forth in and permitted by Section 7.12 6.11 and Section 8.077.07. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Term Loan Agreement (St Jude Medical Inc), Term Loan Agreement (St Jude Medical Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans ----------------------------------- are to be used solely for the purposes set forth in and permitted by Section 7.12 7.10 and Section 8.078.6. Neither the Company nor any Subsidiary of its Subsidiaries is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Revolving Multicurrency Credit Agreement (Johns Manville Corp /New/), Revolving Multicurrency Credit Agreement (Johns Manville International Group Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans and Letters of Credit are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.077.11. Neither the Company nor any Material Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Oshkosh Corp), Credit Agreement (Oshkosh Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.10 and Section 8.077.6. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Margin Stock constitutes less than 25% of the consolidated assets of the Company and its Subsidiaries which are subject to any limitation on sale, pledge or other disposition hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Smith a O Corp), Credit Agreement (Smith a O Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.078.7. Neither the Company Borrower, CHC nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Westcoast Hospitality Corp), Credit Agreement (Cavanaughs Hospitality Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.12. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Idex Corp /De/)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.07. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Zemex Corp), Credit Agreement (Zemex Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be or were used (as applicable) solely for the purposes set forth in and permitted by Section 7.12 and Section 8.077.13. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Term Loan Agreement (Venoco, Inc.), Term Loan Agreement (Venoco, Inc.)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to ----------------------------------- be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.07. Neither the The Company nor any Subsidiary is not generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (West Marine Inc), Credit Agreement (West Marine Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 SECTION 6.12 and Section 8.07SECTION 7.7. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Montgomery Ward Holding Corp), Credit Agreement (Software Net Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to will be used solely for the purposes set forth in and permitted by Section SECTION 7.12 and Section 8.07SECTION 8.8. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Republic Services Inc), Long Term Credit Agreement (Republic Services Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 8.9. None of the Borrowers and Section 8.07. Neither the Company nor any Subsidiary their Subsidiaries is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Amerigas Finance Corp), Credit Agreement (Amerigas Finance Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.075.13. Neither None of the Company nor Loan Parties or any Subsidiary of their subsidiaries is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Horizon Lines, Inc.), Credit Agreement (Horizon Lines, Inc.)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.7 and Section 8.077.6. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to will be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.078.8. Neither the 54 61 Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Lance Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section SECTIONS 7.12 and Section 8.078.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Compass International Services Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 9.12 and Section 8.0710.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 SECTION 6.12 and Section 8.07SECTION 7.07. Neither the -42- Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.078.7. Neither None of New Dreyer's, the Company nor or any other Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Dreyers Grand Ice Cream Holdings Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.077.12. Neither None of the Company nor Borrowers or any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Multicurrency Credit Agreement (Briggs & Stratton Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.078.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.. 6.9
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.05. Neither Except in connection with the Tender Offer, neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans Loan are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.12. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.12. Neither the Company any Borrower nor any Subsidiary of the Company is generally principally or as one of its important activities, engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Idex Corp /De/)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.01 and Section 8.077.05. Neither of the Company Borrowers nor any Subsidiary of their Subsidiaries is generally engaged in the business of purchasing or selling Margin Stock "margin stock" as such term is defined in Regulation G, T, U or X of the FRB or extending credit for the purpose of purchasing or carrying Margin Stock.such margin stock;
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Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076,03(j). Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to ----------------------------------- be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Pledge Agreement (Cb Commercial Real Estate Services Group Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.077.12. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock......................................................... 52 6.09
Appears in 1 contract
Samples: Credit Agreement (Atmos Energy Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.11 and Section 8.077.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.07. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Term Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.11 and Section 8.077.07. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 Sections 3.16 and Section 8.076.12. Neither None of the Company nor Borrowers or any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Multicurrency Credit Agreement (Briggs & Stratton Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.11 and Section 8.077.8. Neither None of the Company Company, the Partner Entities nor any Subsidiary of their respective Subsidiaries is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to shall be used solely for the purposes set forth in and permitted by Section 7.12 7.13 and Section 8.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.07Permitted Uses. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Loan and Security Agreement (Centrum Industries Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.12. Neither the Company any Borrower nor any Subsidiary of the Company is generally principally or as one of its important activities, engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.. 5.09
Appears in 1 contract
Samples: Credit Agreement (Idex Corp /De/)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to ----------------------------------- be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans ----------------------------------- are to be used solely for the purposes set forth in and permitted by Section 7.12 7.11 and Section 8.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans and the Letters of Credit are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.07. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Ns Group Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 SECTION 7.10 and Section 8.07SECTION 8.7. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.077.11. Neither the Company Borrower nor any Subsidiary Affiliate of the Borrower is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Ferrellgas Partners Finance Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.6. Neither the Company Parent nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 5.12 and Section 8.076.07. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock and none of the proceeds of the Loans shall be used for the purpose of purchasing or carrying Margin Stock. SECTION 4.09.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 5.12 and Section 8.076.07. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock and none of the proceeds of the Loans shall be used for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 7.11 and Section 8.078.8. Neither None of the Company Company, the Partner Entities nor any Subsidiary of their respective Subsidiaries is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of ----------------------------------- the Loans are to will be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.078.8. Neither the Company ------------ ----------- nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 8.12 and Section 8.079.7. Neither the Company Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Administration Agreement (Adc Telecommunications Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to will be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.08. Neither the Company xxxXx Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to shall be or were used (as applicable) solely for the purposes set forth in and permitted by Section 7.12 and Section 8.077.13. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.078.06. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.11 and Section 8.077.07. Neither the Company Borrower nor any Subsidiary Affiliate of the Borrower is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Term Revolving Credit Agreement (Ferrellgas Partners Finance Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans and the Letters of Credit are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.076.12. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 and Section 8.078.08. Neither the Company nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Globalcenter Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are to be used solely for the purposes set forth in and permitted by Section 7.12 6.12 and Section 8.077.7. Neither the Company any Borrower nor any Subsidiary is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Specialty Equipment Companies Inc)
