Common use of No Investment Company or Margin Stock Clause in Contracts

No Investment Company or Margin Stock. Neither the Company nor any of its Guarantors is an "investment company" within the meaning of the Investment Company Act of 1940, as amended. Neither the Company nor any of its Guarantors is engaged principally, or as one of its important activities, directly or indirectly, in the business of extending credit for the purpose of purchasing or carrying margin stock. None of the proceeds of any of the Advances will be used by the Company or any of its Guarantors to purchase or carry margin stock or will be made available by the Company or any of its Guarantors in any manner to any other Person to enable or assist such Person in purchasing or carrying margin stock. Terms for which meanings are provided in Regulation U of the Board of Governors of the Federal Reserve System or any regulations substituted therefor, as from time to time in effect, are used in this paragraph with such meanings.

No Investment Company or Margin Stock. Neither None of the Company nor Borrowers or any of its Guarantors Guarantor is an "investment company" within the meaning of the Investment Company Act of 1940, as amended. Neither the Company No Borrower nor any of its Guarantors Guarantor is engaged principally, or as one of its important activities, directly or indirectly, in the business of extending credit for the purpose of purchasing or carrying margin stock. None of the proceeds of any of the Advances (or any 57 Letters of Credit) will be used by the Company or any of its Guarantors Borrower nor any other Subsidiary to purchase or carry margin stock or will be made available by the Company any Borrower or any of its Guarantors Subsidiaries in any manner to any other Person to enable or assist such Person in purchasing or carrying margin stock. Terms for which meanings are provided in Regulation U of the Board of Governors of the Federal Reserve System or any regulations substituted therefor, as from time to time in effect, are used in this paragraph with such meanings.