Common use of Purpose of Credit Clause in Contracts

Purpose of Credit. Borrowings are to be used as stated in the recitals of this agreement. No Company is engaged principally (or as one of its important activities) in the business of extending credit for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U. No part of the proceeds of any Borrowing is to be used, directly or indirectly, for a purpose that violates any Governmental Requirement, including, without limitation, the provisions of Regulation U.

Purpose of Credit. Borrowings are to be used as stated in the recitals of this agreement. No Company Borrower is not engaged principally (or as one of its important activities) in the business of extending credit for the purpose of purchasing or carrying any "margin stockMARGIN STOCK" within the meaning of Regulation U. No part of the proceeds of any Borrowing is to be used, directly or indirectly, for a purpose that violates any Governmental Requirement, including, without limitation, the provisions of Regulation U.

Purpose of Credit. Borrowings are to be used as stated in the recitals of this agreementAgreement. No Company Borrower is engaged principally (or as one of its important activities) in the business of extending credit for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U. No part of the proceeds of any Borrowing is to be used, directly or indirectly, for a purpose that violates any Governmental Requirement, including, without limitation, the provisions of Regulation U.."

Purpose of Credit. Borrowings are to be used as stated in the recitals of this agreement. No Company is engaged principally (principally, or as one of its important activities) , in the business of extending credit for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U. No part of the proceeds of any Borrowing or LC draft or drawing is to be knowingly used, directly or indirectly, for a purpose that violates any Governmental RequirementLaw, including, including without limitation, the provisions of Regulation U.

Purpose of Credit. Borrowings are to be used as stated in the ----------------- recitals of this agreement. No Company is engaged principally (or as one of its important activities) in the business of extending credit for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U. No part of the proceeds of any Borrowing is to be used, directly or indirectly, for a purpose that violates any Governmental RequirementLaw, including, without limitation, the provisions of Regulation U.

Purpose of Credit. Borrowings are to be used as stated in the recitals of this agreement. No Company is engaged principally (principally, or as one of its important activities) , in the business of extending credit for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U. No part of the proceeds of any Borrowing is to be knowingly used, directly or indirectly, for a purpose that violates any Governmental Legal Requirement, including, without limitation, the provisions of including Regulation U.

Purpose of Credit. Borrowings are to be used as stated in the recitals of this agreement. No Company is engaged principally (or as one of its important activities) in the business of extending credit for the purpose of purchasing or carrying any "margin stockMARGIN STOCK" within the meaning of Regulation U. No part of the proceeds of any Borrowing is to be used, directly or indirectly, for a purpose that violates any Governmental Requirement, including, without limitation, the provisions of Regulation U.