Common use of Federal Reserve Regulations; Use of Proceeds Clause in Contracts

Federal Reserve Regulations; Use of Proceeds. (a) None of Holdings, the Borrower or any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of buying or carrying Margin Stock.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Jda Software Group Inc), First Lien Credit Agreement (Jda Software Group Inc)

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Federal Reserve Regulations; Use of Proceeds. (ai) None of HoldingsNeither the Borrower, the Borrower or Guarantor nor any Subsidiary of the Borrower's Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of buying purchasing or carrying Margin Stock.

Appears in 1 contract

Samples: Credit Agreement (McMoran Exploration Co /De/)

Federal Reserve Regulations; Use of Proceeds. (ai) None Neither of Holdings, the Borrower or Borrowers nor any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of buying purchasing or carrying Margin Stock.

Appears in 1 contract

Samples: Credit Agreement (Freeport McMoran Copper & Gold Inc)

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Federal Reserve Regulations; Use of Proceeds. (ai) None of Holdings, Neither the Borrower or nor any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of buying purchasing or carrying Margin Stock.

Appears in 1 contract

Samples: Credit Agreement (Freeport McMoran Sulphur Inc)

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