Margin Regulations; Investment Company Act; Use of Proceeds. (a) Neither the Borrower nor any Borrower Affiliate is engaged nor will it engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the Board), or extending credit for the purpose of purchasing or carrying margin stock.
Appears in 9 contracts
Samples: Credit Agreement (Quest Resource Corp), Credit Agreement (Quest Resource Corp), Credit Agreement (Quest Energy Partners, L.P.)
Margin Regulations; Investment Company Act; Use of Proceeds. (a) Neither the Borrower nor any Borrower Affiliate is The Loan Parties are not engaged nor and will it not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the BoardFRB), or extending credit for the purpose of purchasing or carrying margin stock. No proceeds of any Borrowing shall be used for the purpose of purchasing or carrying margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock.
Appears in 5 contracts
Samples: Credit and Guaranty Agreement (Potbelly Corp), Credit and Guaranty Agreement (Mesa Air Group Inc), Credit and Guaranty Agreement (AdaptHealth Corp.)
Margin Regulations; Investment Company Act; Use of Proceeds. (a) Neither the any Borrower nor any Borrower Affiliate is engaged nor will it engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the Board), or extending credit for the purpose of purchasing or carrying margin stock.
Appears in 3 contracts
Samples: Credit Agreement (PostRock Energy Corp), Credit Agreement (PostRock Energy Corp), Credit Agreement (PostRock Energy Corp)
Margin Regulations; Investment Company Act; Use of Proceeds. (a) Neither the Borrower nor any Borrower Affiliate is The Loan Parties are not engaged nor and will it not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the BoardBoard of Governors of the Federal Reserve System), or extending credit for the purpose of purchasing or carrying margin stock. No proceeds of any Borrowing shall be used for the purpose of purchasing or carrying margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock.
Appears in 3 contracts
Samples: Credit Agreement (AdaptHealth Corp.), Credit Agreement (AdaptHealth Corp.), Credit Agreement (AdaptHealth Corp.)
Margin Regulations; Investment Company Act; Use of Proceeds. (a) Neither the Borrower nor any Borrower Affiliate of its Subsidiaries is engaged nor will it engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the Board), or extending credit for the purpose of purchasing or carrying margin stock. Margin stock constitutes less than 25% of those assets of each Loan Party which are subject to any limitation on a sale, pledge, or other restrictions hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Allis Chalmers Energy Inc.), Credit Agreement (Allis Chalmers Energy Inc.)
Margin Regulations; Investment Company Act; Use of Proceeds. (a) Neither the Borrower nor any Borrower Affiliate is not engaged nor will it engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the Board), or extending credit for the purpose of purchasing or carrying margin stock.
Appears in 1 contract
