Common use of No Stock Purchase Clause in Contracts

No Stock Purchase. No part of the proceeds of any financial accommodation made by Lender in connection with this Credit Agreement will be used to purchase or carry "margin stock," as that term is defined in Regulation U, or to extend credit to others for the purpose of purchasing or carrying such margin stock.

Appears in 9 contracts

Samples: Credit Agreement (Matrixx Initiatives Inc), Credit Agreement (Gumtech International Inc \Ut\), Credit Agreement (Sitek Inc)

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No Stock Purchase. No part of the proceeds of any financial accommodation made by Lender the Banks in connection with this Credit Agreement will be used to purchase or carry "margin stock," as that term is defined in Regulation U, or to extend credit to others for the purpose of purchasing or carrying such margin stock.

Appears in 3 contracts

Samples: Credit Agreement (Three Five Systems Inc), Credit Agreement (Three Five Systems Inc), Credit Agreement (Meritage Corp)

No Stock Purchase. No part of the proceeds of any financial accommodation made by Lender in connection with this Credit Loan Agreement will be used to purchase or carry "margin stock," as that term is defined in Regulation U, or to extend credit to others for the purpose of purchasing or carrying such margin stock.

Appears in 2 contracts

Samples: Loan Agreement (Continental Circuits Corp), Loan Agreement (Bowmar Instrument Corp)

No Stock Purchase. No part of the proceeds of any financial accommodation made by Lender in connection with this Credit Agreement will be used to purchase or carry "β€œmargin stock," ” as that term is defined in Regulation U, or to extend credit to others for the purpose of purchasing or carrying such margin stock.

Appears in 1 contract

Samples: Credit Agreement (Renegy Holdings, Inc.)

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No Stock Purchase. No part of the proceeds of any financial accommodation made by Lender in connection with this Credit Agreement will be used to purchase or carry "margin stock," as that term is defined in Regulation UU of the Board of Governors of the Federal Reserve System, or to extend credit to others for the purpose of purchasing or carrying such margin stock.

Appears in 1 contract

Samples: Credit Agreement (Three Five Systems Inc)

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