Common use of Margin Rule Compliance Clause in Contracts

Margin Rule Compliance. No Borrower owns or has any present intention of acquiring any "Margin Stock" within the meaning of the following Margin Regulations of the FRB: Regulation T at 12 C.F.R. Pt. 220, and Regulation U at 12 C.F.R. Pt. 221, and Regulation X at 12 C.F.R. Pt. 224. The credit extended under this Agreement does not constitute "Purpose Credit" within the meaning of the FRB's Margin Regulations.

Appears in 4 contracts

Samples: Credit Facility Agreement (Talk Com), Credit Facility Agreement (MCG Finance Corp), Credit Facility Agreement (NBG Radio Network Inc)

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Margin Rule Compliance. No Borrower owns or has any present intention of acquiring any "Margin Stock" within the meaning of the following Margin Regulations of the FRB: Regulation G at 12 C.F.R. Pt. 207, AND Regulation T at 12 C.F.R. Pt. 220, and AND Regulation U at 12 C.F.R. Pt. 221, and AND Regulation X at 12 C.F.R. Pt. 224. The credit extended under this Agreement does not constitute "Purpose Credit" within the meaning of the FRB's Margin Regulations.

Appears in 2 contracts

Samples: Agreement (CCC Information Services Group Inc), Agreement (CCC Information Services Group Inc)

Margin Rule Compliance. No Except for its own common stock held as treasury stock, Borrower owns or does not own and has any no present intention of acquiring any "Margin Stock" within the meaning of the following Margin Regulations of the FRB: Regulation T at 12 C.F.R. Pt. 220, and Regulation U at 12 C.F.R. Pt. 221, and Regulation X at 12 C.F.R. Pt. 224. The credit extended under this Agreement does not constitute "Purpose Credit" within the meaning of the FRB's Margin Regulations.

Appears in 1 contract

Samples: Credit Agreement (Integrity Inc)

Margin Rule Compliance. No Borrower owns or has any present intention of acquiring any "Margin Stock" within the meaning of the following Margin Regulations of the FRB: Regulation T at 12 C.F.R. Pt. 220, and Regulation U at 12 --- C.F.R. Pt. 221, and Regulation X at 12 C.F.R. Pt. 224. The credit extended under this Agreement does not constitute --- "Purpose Credit" within the meaning of the FRB's Margin Regulations.

Appears in 1 contract

Samples: Credit Facility Agreement (Talk Com)

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Margin Rule Compliance. No Borrower owns or has any present intention of acquiring any "Margin Stock" within the meaning of the following Margin Regulations of the FRB: Regulation T at 12 C.F.R. Pt. 220, and Regulation U at 12 C.F.R. Pt. 221, and Regulation X at 12 C.F.R. Pt. 224. The credit extended under this Agreement greement does not constitute "Purpose Credit" within the meaning of the FRB's Margin Regulations.

Appears in 1 contract

Samples: Credit Facility Agreement (MCG Finance Corp)

Margin Rule Compliance. No Borrower owns does not own or has have any present intention of acquiring any "Margin Stock" within the meaning of the following Margin Regulations of the FRB: Regulation G at 12 C.F.R. Pt. 207, and Regulation T at 12 C.F.R. Pt. 220, and Regulation U at 12 C.F.R. Pt. 221, and Regulation X at 12 C.F.R. Pt. 224. The credit extended under this Agreement does not constitute "Purpose Credit" within the meaning of the FRB's Margin Regulations.

Appears in 1 contract

Samples: Credit Facility Agreement (Startec Global Communications Corp)

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