Margin Stock definition

Margin Stock shall have the meaning assigned to such term in Regulation U.

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Margin Stock means “margin stock” as such term is defined in Regulation T, U or X of the Federal Reserve Board.

Margin Stock means margin stock within the meaning of Regulations T, U and X, as applicable.

Examples of Margin Stock in a sentence

The Borrower or the Collateral Manager (A) may direct the Collateral Agent in writing to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security within 45 days after receipt if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable law.
No part of the proceeds of any Loan will be used by the Borrower to purchase or carry any Margin Stock.
No part of the proceeds of any Loan or any Letter of Credit will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (a) to purchase, acquire or carry any Margin Stock or for any purpose that entails a violation of, or that is inconsistent with, the provisions of the regulations of the Federal Reserve Board, including Regulation T, U or X or (b) for any purpose that would violate any Anti-Corruption Laws or applicable Sanctions.
Neither any Loan Party nor any of its Subsidiaries is engaged principally, or as one of their important activities, in the business of extending credit for the purpose of buying or carrying Margin Stock.
Immediately before and after giving effect to the making of each Loan and the issuance of each Letter of Credit, Margin Stock will constitute less than 25% of each Loan Party’s assets as determined in accordance with Regulation U.

More Definitions of Margin Stock

Margin Stock as defined in Regulation U.

Margin Stock has the meaning set forth in Regulation U of the Board of Governors of the United States Federal Reserve System, or any successor thereto.

Margin Stock as defined in Regulation U of the Board of Governors as in effect from time to time.

Margin Stock has the meaning assigned to that term in Regulation U of the Board of Governors of the Federal Reserve System as in effect from time to time.

Margin Stock shall have the meaning given to that term in Regulation U issued by the Federal Reserve Board.

Margin Stock means margin stock, as such term is defined in Regulation U.

Margin Stock any “margin stock”, as said term is defined in Regulation U of the Board of Governors of the Federal Reserve System, as the same may be amended or supplemented from time to time.