No Margin Stock. The Borrower is not engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. and X. of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
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Samples: Loan and Security Agreement (Sunbelt Nursery Group Inc), Loan and Security Agreement (Sunbelt Nursery Group Inc)
No Margin Stock. The Borrower is not Neither Borrowers nor their Subsidiaries are engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. U, T and X. X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 2 contracts
Samples: Loan and Security Agreement (Restoration Hardware Inc), Loan and Security Agreement (Restoration Hardware Inc)
No Margin Stock. The No Borrower is not engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. U.T. and X. of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder from the Lender will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 2 contracts
Samples: Loan and Security Agreement (Dynamics Research Corp), Loan and Security Agreement (Dynagen Inc)
No Margin Stock. The Borrower is Borrowers are not engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. G,U,T, and X. X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 1 contract
Samples: Loan and Security Agreement (Homeplace of America Inc)
No Margin Stock. The Borrower is Borrowers are not engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. U, T, and X. X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stockstock other than stock of the Parent, or any Related Entity or as otherwise expressly permitted in Section 4.20.
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No Margin Stock. The Borrower is Borrowers and the Guarantors are not engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. U, T, and X. X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stockstock other than stock of the Parent, or any Related Entity.
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No Margin Stock. The Neither the Borrower nor any of its Subsidiaries is not engaged principally, or as one of its important activities, in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. and X. G, T, U or X of the Board of Governors of the Federal Reserve System of the United StatesSystem). No , and no part of the proceeds of any borrowing hereunder extension of credit under this Agreement will be used at any time to purchase or carry any such margin stock or and no part of the proceeds of any extension of credit under this Agreement will be used to extend credit to others for the purpose of purchasing or carrying any such margin stock.
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Samples: Loan Agreement (ASTROTECH Corp \WA\)
No Margin Stock. The No Borrower is not engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. G, U, T, and X. X, of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
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No Margin Stock. The Borrower is not None of the Borrowers are engaged in the business --------------- of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. G,U,T, and X. X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
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No Margin Stock. The Borrower is Borrowers are not engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. G, U, T, and X. X, of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 1 contract
No Margin Stock. The Neither the Borrower nor any of its Subsidiaries is not engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. U, T, and X. X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Appears in 1 contract
Samples: Loan and Security Agreement (Harrys Farmers Market Inc)
No Margin Stock. The No Borrower is not engaged in the business of --------------- extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations G.U.T. U, T, and X. X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing Borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
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