Commercial Purposes. Borrower intends to use the Loan proceeds solely for business or commercial related purposes approved by Lender and such proceeds will not be used for the purchasing or carrying of "margin stock" as defined in Regulation U issued by the Board of Governors of the Federal Reserve System.
Appears in 8 contracts
Samples: Business Loan Agreement (Made2manage Systems Inc), Loan Agreement (Bioanalytical Systems Inc), Business Loan Agreement (Bioanalytical Systems Inc)
Commercial Purposes. Borrower intends to use the Loan proceeds solely for business or commercial related purposes approved by Lender and such proceeds will not be used for purchase or carry margin stock (within the purchasing or carrying meaning of "margin stock" as defined in Regulation Regulations G, T and U issued by of the Board of Governors of the Federal Reserve System).
Appears in 5 contracts
Samples: Business Loan Agreement (Dental Care Alliance Inc), Loan Agreement (Eckler Industries Inc), Loan Agreement (Chromavision Medical Systems Inc)
Commercial Purposes. Borrower intends to use the Loan proceeds solely for business or commercial related purposes approved by Lender and such proceeds will not be used for the purchasing or carrying of "margin stock" as defined in Regulation U issued by the Board of 0 Governors of the Federal Reserve System.
Appears in 1 contract
Samples: Change in Terms Agreement (SCC Communications Corp)