Common use of No Reliance on Margin Stock Clause in Contracts

No Reliance on Margin Stock. Each of the Lenders represents to each Agent and each of the other Lenders that it in good faith is not relying upon any “margin stock” (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 12 contracts

Samples: 364 Day Senior Unsecured Delayed Draw Term Loan Credit Agreement (Consolidated Edison Co of New York Inc), 364 Day Revolving Credit Agreement (Consolidated Edison Co of New York Inc), 364 Day Revolving Credit Agreement (Consolidated Edison Co of New York Inc)

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No Reliance on Margin Stock. Each of the Lenders Lender represents to each the Administrative Agent and each of the other Lenders that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 6 contracts

Samples: Credit Agreement (Royal Appliance Manufacturing Co), Credit Agreement (Usx Corp), Credit Agreement (Neiman Marcus Group Inc)

No Reliance on Margin Stock. Each of the Lenders Lender represents to each the Administrative Agent and each of the other Lenders that it in good faith is not relying upon any “margin stock” (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Marathon Oil Corp), Credit Agreement (Marathon Oil Corp), Credit Agreement (Neiman Marcus Group Inc)

No Reliance on Margin Stock. Each of the Lenders represents to each Agent and each of the other Lenders that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Sybron Chemicals Inc), Credit Agreement (Sybron Chemicals Inc)

No Reliance on Margin Stock. Each of the Lenders represents to each the Agent and each of the other Lenders that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Marvel Enterprises Inc), Credit Agreement (Marvel Enterprises Inc)

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No Reliance on Margin Stock. Each of the Lenders represents to each the Administrative Agent and each of the other Lenders that it in good faith is not relying upon any “margin stock” (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Lockheed Martin Corp), Credit Agreement (Lockheed Martin Corp)

No Reliance on Margin Stock. Each of the Lenders represents to each the Administrative Agent and each of the other Lenders that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Polaroid Corp)

No Reliance on Margin Stock. Each of the Lenders represents to each Agent the Agents and each of the other Lenders that it in good faith is not relying upon any “margin stock” "MARGIN STOCK" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (United States Surgical Corp)

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