Unrestricted Margin Stock definition

Unrestricted Margin Stock means any Margin Stock owned by the Borrower or any Subsidiary which is not Restricted Margin Stock.
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Unrestricted Margin Stock means any Margin Stock owned by the Consolidated Group which is not Restricted Margin Stock.
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Unrestricted Margin Stock means, as of any date of determination, all of the Margin Stock owned by the Borrower and its Subsidiaries that is not Restricted Margin Stock.
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Examples of Unrestricted Margin Stock in a sentence

  • Notwithstanding anything to the contrary contained above in this Section 6.02, this Section 6.02 shall not restrict the incurrence or existence of any Liens at any time on Margin Stock that then constitutes Unrestricted Margin Stock.

  • Each Lender represents that it has not relied upon the Unrestricted Margin Stock in its credit analysis or its decision to enter into this Agreement and each other Loan Document to which it is a party.

  • Notwithstanding the foregoing in this Section 6.04, the Borrower and its consolidated Subsidiaries will be permitted to sell, transfer or otherwise dispose of Unrestricted Margin Stock without regard to the foregoing restrictions contained in this Section 6.04.

  • Notwithstanding anything to the contrary contained above, this Section 6.05 shall not restrict, at any time, the sale of Unrestricted Margin Stock so long as any such sale meets the requirements of the last paragraph of this Section 6.05.

  • The restrictions contained in this Section 7.3 relating to the sale, lease, assignment, distribution and disposal of assets shall not apply to Unrestricted Margin Stock.


More Definitions of Unrestricted Margin Stock

Unrestricted Margin Stock means, at any time, all Margin Stock owned by the Parent and its Subsidiaries to the extent the value thereof exceeds 25% of the aggregate value of all assets owned by the Parent and its Subsidiaries then subject to the covenants contained in Sections 6.02 and 6.05.
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Unrestricted Margin Stock means the capital stock of Varsity that constitutes "margin stock" (as defined in Regulation G of the Board of Governors of the Federal Reserve System as from time to time in effect), if, and to the extent that the value of such margin stock exceeds 25% of the total assets of the Company and its Subsidiaries, subject to the restrictions contained in Sections 4.10 and 4.12 hereof; provided that it is understood that upon completion of the merger pursuant to the Varsity Merger Documents there shall be no Unrestricted Margin Stock outstanding.
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Unrestricted Margin Stock means treasury stock of the Parent.
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Unrestricted Margin Stock all Margin Stock owned by the Borrower and its Restricted Subsidiaries other than Restricted Margin Stock.
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Unrestricted Margin Stock means treasury stock of the Company.
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Unrestricted Margin Stock means any Gentium Stock for so long as it constitutes Margin Stock owned by Parent or any Restricted Subsidiary which is not Restricted Margin Stock.
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Unrestricted Margin Stock means any Margin Stock owned by IMS Health or any Subsidiary which is not Restricted Margin Stock.
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