No Purchase of Margin Stock. No part of the proceeds received by the Borrower from the Loan will be used directly or indirectly for the purpose of purchasing or carrying, or for payment in full or in part of indebtedness which was incurred for the purposes of purchasing or carrying any margin stock, as such term is used and defined in Regulation U of the Board of Governors of the Federal Reserve System.
Appears in 3 contracts
Samples: Loan Agreement (Pennichuck Corp), Loan Agreement (Nashua Corp), Loan Agreement (Pennichuck Corp)
No Purchase of Margin Stock. No part of the proceeds received by the Borrower Holdings from the Loan Loans will be used directly or indirectly for the purpose of purchasing or carrying, or for payment in full or in part of indebtedness which was incurred for the purposes of purchasing or carrying carrying, any margin stock, stock as such term is used and defined in Regulation U of the Board of Governors of the Federal Reserve System.
Appears in 2 contracts
Samples: Loan Agreement (Eastern Insurance Holdings, Inc.), Loan Agreement (Eastern Insurance Holdings, Inc.)
