Common use of Margin Regulations; Use of Proceeds Clause in Contracts

Margin Regulations; Use of Proceeds. Neither the Borrower nor any of its Subsidiaries, shall use all or any portion of the proceeds of any credit extended under this Agreement (i) to purchase or carry Margin Stock in violation of any of the regulations of the Board, including Regulations T, U and X or (ii) for any purpose other than those set forth in Section 7.2(J).

Appears in 3 contracts

Samples: Revolving Credit Agreement (Energizer Holdings Inc), Revolving Credit Agreement (Energizer Holdings Inc), Term Loan Credit Agreement (Energizer Holdings Inc)

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Margin Regulations; Use of Proceeds. Neither the Borrower Company nor any of its Subsidiaries, shall use all or any portion of the proceeds of any credit extended under this Agreement (i) to purchase or carry Margin Stock in violation of any of the regulations of the Board, including Regulations T, U and X or (ii) for any purpose other than those set forth in Section 7.2(J)5.11.

Appears in 2 contracts

Samples: Credit Agreement (EDGEWELL PERSONAL CARE Co), Credit Agreement (EDGEWELL PERSONAL CARE Co)

Margin Regulations; Use of Proceeds. Neither the Borrower nor any of its Subsidiaries, shall use all or any portion of the proceeds of any credit extended under this Agreement (i) to purchase or carry Margin Stock in violation of any of the regulations of the Board, including Regulations T, U and X or (ii) for any purpose other than those set forth in Section 7.2(J)5.11.

Appears in 2 contracts

Samples: Credit Agreement (Energizer Holdings Inc), Credit Agreement (Energizer Holdings Inc)

Margin Regulations; Use of Proceeds. Neither the Borrower nor any of its Subsidiaries, shall use all or any portion of the proceeds of any credit extended under this Agreement (i) to purchase or carry Margin Stock in violation of any of the regulations of the Board, including Regulations T, U and X or (ii) for any purpose other than those set forth in Section 7.2(J).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Energizer Holdings Inc), Revolving Credit Agreement (Energizer Holdings Inc)

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Margin Regulations; Use of Proceeds. Neither the Borrower nor any of its Subsidiaries, shall use all or any portion of the proceeds of any credit extended under this Agreement (i) to purchase or carry Margin Stock in violation of any of the regulations of the Board, including Regulations T, U and X or (ii) for any purpose other than those set forth to finance the Designated Acquisition (including to pay merger consideration owing to former shareholders of the Target and to refinance certain existing indebtedness of the Target and its Subsidiaries) and the transaction costs and expenses incurred in Section 7.2(J)connection therewith.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Energizer Holdings Inc)

Margin Regulations; Use of Proceeds. Neither the Borrower nor any of its Subsidiaries, shall use all or any portion of the proceeds of any credit extended under this Agreement (i) to purchase or carry Margin Stock in violation of any of the regulations of the Board, including Regulations T, U and X or (ii) for any purpose other than those set forth in Section 7.2(J).121 #98412540v7

Appears in 1 contract

Samples: Credit Agreement (Energizer Holdings, Inc.)

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