Common use of Margin Requirements Clause in Contracts

Margin Requirements. It shall not (i) extend credit to others for the purpose of buying or carrying any Margin Stock in such a manner as to violate Regulation T or Regulation U or (ii) use all or any part of the proceeds of any Advance, whether directly or indirectly, and whether immediately, incidentally or ultimately, for any purpose that violates the provisions of the Regulations of the Board of Governors, including, to the extent applicable, Regulation U and Regulation X.

Appears in 34 contracts

Samples: Revolving Credit and Security Agreement (Sezzle Inc.), Credit and Security Agreement (Logan Ridge Finance Corp.), Revolving Credit and Security Agreement (PennantPark Floating Rate Capital Ltd.)

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Margin Requirements. It shall not (i) extend credit to others for the purpose of buying or carrying any Margin Stock in such a manner as to violate Regulation T or Regulation U or (ii) use all or any part of the proceeds of any Advance, whether directly or indirectly, and whether immediately, incidentally or ultimately, for any purpose that violates the provisions any provision of the Regulations of the Board of Governors, including, to the extent applicable, Regulation U and Regulation X.X, or for any purpose that would cause any of the Lenders to be in violation of Regulation T or Regulation U.

Appears in 11 contracts

Samples: Credit and Security Agreement (BlackRock Private Credit Fund), Credit and Security Agreement (TCW Direct Lending VIII LLC), Credit and Security Agreement (BlackRock Private Credit Fund)

Margin Requirements. It shall not (i) extend credit to others for the purpose of buying or carrying any Margin Stock in such a manner as to violate Regulation T or Regulation U or (ii) use all or any part of the proceeds of any Advance, whether directly or indirectly, and whether immediately, incidentally or ultimately, for any purpose that violates the provisions any provision of the Regulations of the Board of Governors, including, to the extent applicable, Regulation U and Regulation X.X, or for any purpose that would cause any of the Lenders to be in violation of Regulation U.

Appears in 2 contracts

Samples: Credit and Security Agreement (TPG Specialty Lending, Inc.), Revolving Credit and Security Agreement (TPG Specialty Lending, Inc.)

Margin Requirements. It shall not (i) extend credit to others for the purpose of buying or carrying any Margin Stock in such a manner as to violate Regulation T or Regulation U or (ii) use all or any part of the proceeds of any Advance, whether directly or indirectly, and whether immediately, incidentally or ultimately, for any purpose that violates the provisions of the Regulations of the Board of Governors, including, to the extent applicable, Regulation U and Regulation X.X. (g)

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp), Credit Agreement (Newtek Business Services Corp.)

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Margin Requirements. It shall not (i) extend credit to others for the purpose of buying or carrying any Margin Stock in such a manner as to violate Regulation T or Regulation U or (ii) use all or any part of the proceeds of any Advance, whether directly or indirectly, and whether immediately, incidentally or ultimately, for any purpose that violates the provisions any provision of the Regulations of the Board of Governors, including, to the extent applicable, 128 Regulation U and Regulation X.X, or for any purpose that would cause any of the Lenders to be in violation of Regulation T or Regulation U.

Appears in 1 contract

Samples: Credit and Security Agreement (TCW Direct Lending VIII LLC)

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