Common use of No Reliance on Margin Stock Clause in Contracts

No Reliance on Margin Stock. Each Bank represents to the Agent and each of the other Banks that it in good faith is not relying upon any Margin Stock as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 4 contracts

Sources: Credit Agreement (U S West Inc /De/), Credit Agreement (Qwest Communications International Inc), Credit Agreement (Qwest Communications International Inc)

No Reliance on Margin Stock. Each Bank of the Banks represents to the Administrative Agent and each of the other Banks that it in good faith is not relying upon any Margin Stock as collateral in the extension or maintenance of the credit provided for in this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Applied Materials Inc /De)