No Margin Stock. The Borrower shall not use or permit to be used any of the proceeds of the Loans or other extensions of credit hereunder to purchase or carry any “margin stock” (as defined in Regulation U).
Appears in 10 contracts
Samples: Credit Agreement (M/I Homes, Inc.), Credit Agreement (M/I Homes, Inc.), Credit Agreement (M/I Homes, Inc.)
No Margin Stock. The Borrower shall not not, nor shall it permit any Restricted Subsidiary to, use or permit to be used any of the proceeds of the Loans or other extensions of credit hereunder to purchase or carry any “margin stock” (as defined in Regulation U).
Appears in 2 contracts
Samples: Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)
No Margin Stock. The Borrower shall not use or permit to be used any of the proceeds of the Loans or other extensions proceeds of credit hereunder the Advances to purchase or carry any “margin stock” (as defined in Regulation U).
Appears in 1 contract
Samples: Credit Agreement (Ryland Group Inc)