Common use of Margin Stock Collateral Clause in Contracts

Margin Stock Collateral. Each of the Banks represents to the Agent and each of the other Banks that it in good faith is not, directly or indirectly (by negative pledge or otherwise), relying upon any Margin Stock as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 29 contracts

Samples: Credit Agreement (Cato Corp), Credit Agreement (Bassett Furniture Industries Inc), Credit Agreement (Outback Steakhouse Inc)

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Margin Stock Collateral. Each of the Banks represents to the Administrative Agent and each of the other Banks that it in good faith is not, directly or indirectly (by negative pledge or otherwise), relying upon any Margin Stock as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 9 contracts

Samples: Credit Agreement (American Capital Strategies LTD), Credit Agreement (Scansource Inc), Credit Agreement (Gladstone Commercial Corp)

Margin Stock Collateral. Each of the Banks represents to the Agent and each of the other Banks that it in good faith is not, directly or indirectly indirectly, (by negative pledge or otherwise), ) relying upon any Margin Stock as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Liberty Corp), Credit Agreement (Liberty Corp)

Margin Stock Collateral. Each of the Banks represents to the Administrative Agent and each of the other Banks that it in good faith is not, directly or indirectly (by negative pledge or otherwise), relying upon any Margin Stock margin stock (as defined in Section 4.14) as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (La-Z-Boy Inc)

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Margin Stock Collateral. Each of the Banks represents to ----------------------- the Agent and each of the other Banks that it in good faith is not, directly or indirectly (by negative pledge or otherwise), relying upon any Margin Stock as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Scansource Inc)

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