Common use of Limitation on Margin Stock Clause in Contracts

Limitation on Margin Stock. The Company will not and will not permit any Subsidiary to own or acquire Margin Stock such that at any time (a) Margin Stock of the Company and the Subsidiaries represents more than 25% of the value of the assets of the Company and the Subsidiaries on a consolidated basis that are subject to Section 9.01 or Section 9.02, or (b) any Loan or Loans shall be in violation of Regulation U of the Federal Reserve Board.

Limitation on Margin Stock. The Company will not and will not permit any Subsidiary to own or acquire Margin Stock such that at any time (a) Margin Stock of the Company and the its Subsidiaries represents more than 25% of the value of the assets of the Company and the its Restricted Subsidiaries on a consolidated basis that are subject to Section 9.01 or Section 9.02, or (b) any Loan or Loans shall be in violation of Regulation U of the Federal Reserve Board.

Limitation on Margin Stock. The Company will not and will not permit any Restricted Subsidiary to own or acquire Margin Stock such that at any time (a) Margin Stock of the Company and the its Restricted Subsidiaries other than stock of Unrestricted Subsidiaries represents more than 2540% of the value of the assets of the Company and the its Subsidiaries on a consolidated basis that are would be subject to Section 9.01 or Section 9.02, or (b) any Loan or Loans shall be in violation 9.03 but for the exclusion of Regulation U Excess Margin Stock from the restrictions of the Federal Reserve Boardsuch Sections.

Limitation on Margin Stock. The Company will not and will not permit any Restricted Subsidiary to own or acquire Margin Stock such that at any time (ai) Margin Stock of the Company and the its Restricted Subsidiaries other than stock of Unrestricted Subsidiaries represents more than 2540% of the value of the assets of the Company and the its Subsidiaries on a consolidated basis that are would be subject to Section 9.01 or Section 9.02, or (b) any Loan or Loans shall be in violation 9.03 but for the exclusion of Regulation U Excess Margin Stock from the restrictions of the Federal Reserve Boardsuch Sections.