Common use of Margin Stock Restrictions Clause in Contracts

Margin Stock Restrictions. None of the Credit Parties is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, of buying or carrying margin stock, and no part of the proceeds of any extension of credit hereunder will be used to buy or carry any margin stock in violation of Regulations U and X issued by the Board of Governors of the Federal Reserve System of the United States.

Appears in 5 contracts

Samples: Credit Agreement (Cascades Inc), Credit Agreement, Credit Agreement (Cascades Inc)

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Margin Stock Restrictions. None of the Credit Parties is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, of buying or carrying margin stock, and no part of the proceeds of any extension of credit hereunder will be used to buy or carry any margin stock in violation of Regulations U and X issued by the Board of Governors of the Federal Reserve System of the United States.stock. "

Appears in 2 contracts

Samples: Credit Agreement (Cascades Boxboard Group Inc), Credit Agreement (Cascades Boxboard Group Inc)

Margin Stock Restrictions. None of the Credit Parties is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, of buying or carrying margin stock, and no part of the proceeds of any extension of credit hereunder will be used to buy or carry any margin stock stock. “Margin stock” herein has the meaning specified in violation of Regulations U and X issued by of the Board of Governors of the Federal Reserve System of the United States.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (DAVIDsTEA Inc.)

Margin Stock Restrictions. None of the Credit Parties is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, of buying or carrying margin stock, and no part of the proceeds of any extension of credit hereunder will be used to buy or carry any margin stock in violation of Regulations U and X issued by the Board of Governors of the Federal Reserve System of the United States.stock. “

Appears in 1 contract

Samples: Credit Agreement (Cascades Inc)

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Margin Stock Restrictions. None of the Credit Parties is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, purpose of buying or carrying margin stock, and no part of the proceeds of any extension of credit hereunder Borrowings will be used to buy or carry any margin stock in violation of or otherwise for a purpose which violates or would be inconsistent with Regulations T, U and X issued by of the Board of Governors of the Federal Reserve System of the United States.. “

Appears in 1 contract

Samples: Term Loan Agreement (Viropro Inc)

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