Common use of Limitation on Margin Stock Clause in Contracts

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 Margin Stock of the Company and its Restricted Subsidiaries other than stock of Unrestricted Subsidiaries represents more than 40% of the value of the assets of the Company and its Subsidiaries on a consolidated basis that would be subject to Section 9.01 or Section

Appears in 1 contract

Samples: 364 Day Credit Agreement (Cox Communications Inc /De/)

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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 (i) Margin Stock of the Company and its Restricted Subsidiaries other than stock of Unrestricted Subsidiaries represents more than 40% of the value of the assets of the Company and its Subsidiaries on a consolidated basis that would be subject to Section 9.01 or Section

Appears in 1 contract

Samples: Credit Agreement (Cox Communications Inc /De/)

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 its Restricted Subsidiaries other than stock of Unrestricted the Subsidiaries represents more than 4025% of the value of the assets of the Company and its the Subsidiaries on a consolidated basis that would be are subject to Section 9.01 or SectionSection 9.02, or (b) any Loan or Loans shall be in violation of Regulation U of the Federal Reserve Board.

Appears in 1 contract

Samples: Credit Agreement (Cox Radio Inc)

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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 its Restricted Subsidiaries other than stock of Unrestricted Subsidiaries represents more than 4025% of the value of the assets of the Company and its Restricted Subsidiaries on a consolidated basis that would be are subject to Section 9.01 or SectionSection 9.02, or (b) any Loan or Loans shall be in violation of Regulation U of the Federal Reserve Board.

Appears in 1 contract

Samples: Credit Agreement (Cox Radio Inc)

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