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 11 contracts

Samples: Credit Agreement (Consolidated Edison Co of New York Inc), Credit Agreement (Consolidated Edison Co of New York Inc), Credit Agreement (Consolidated Edison Co of New York Inc)

AutoNDA by SimpleDocs

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 (Ferro Corp), Credit Agreement (Ferro Corp), Credit Agreement (TRW 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 (Neiman Marcus Group Inc), Credit Agreement (Marathon Oil Corp)

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), Assignment and Assumption Agreement (Sybron Chemicals Inc)

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)

AutoNDA by SimpleDocs

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), Agreement (Marvel Enterprises Inc)

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: Assignment and Assumption Agreement (United States Surgical 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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!