Common use of Margin Compliance Clause in Contracts

Margin Compliance. No part of the proceeds of the sale of the Senior Notes will be used, directly or indirectly, for the purpose of purchasing or carrying Margin Stock in violation of Regulations U and X of the Board of Governors of the Federal Reserve System.

Appears in 2 contracts

Samples: Participation Agreement (Williams Communications Group Inc), Participation Agreement (Williams Companies Inc)

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Margin Compliance. No part of the proceeds of the sale of the Senior Notes will be used, directly or indirectly, for the purpose of purchasing or carrying any Margin Stock in violation within the meaning of Regulations U and X of the Board of Governors of the Federal Reserve System.

Appears in 2 contracts

Samples: Indenture (Williams Companies Inc), Indenture (Williams Communications Group Inc)

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