REGULATION U OR X. The Borrower shall not, and shall not suffer or permit any Subsidiary to, engage in the business of extending credit for the purpose of purchasing or carrying margin stock. The Borrower shall not use any of the proceeds of any credit extended hereunder to “purchase” or “carry” any “margin stock” as defined in Regulation U of the Board.
Appears in 2 contracts
Samples: Credit Agreement (Biovail Corp International), Credit Agreement (Biovail Corp International)
REGULATION U OR X. The Borrower shall not, and shall not suffer or permit any Subsidiary other Obligor to, engage in the business of extending credit for the purpose of purchasing or carrying margin stock. The Borrower shall not use any of the proceeds of any credit extended hereunder to “purchase” or “carry” any “margin stock” as defined in Regulation U and X of the F.R.S. Board.
Appears in 2 contracts
Samples: Credit Agreement (Allied Nevada Gold Corp.), Credit Agreement (Allied Nevada Gold Corp.)
REGULATION U OR X. The Borrower Borrowers shall not, and shall not suffer or permit any Material Subsidiary to, engage in the business of extending credit for the purpose of purchasing or carrying margin stock. The Borrower Borrowers shall not use any of the proceeds of any credit extended hereunder to “"purchase” " or “"carry” " any “"margin stock” " as defined in Regulation U of the F.R.S. Board.
Appears in 2 contracts
Samples: Credit Agreement (Kinross Gold Corp), Credit Agreement (Kinross Gold Corp)
REGULATION U OR X. The Borrower Borrowers shall not, and shall not suffer or permit any Subsidiary to, engage in the business of extending credit for the purpose of purchasing or carrying margin stock. The Borrower Borrowers shall not use any of the proceeds of any credit extended hereunder to “purchase” or “carry” any “margin stock” as defined in Regulation U of the F.R.S. Board.
Appears in 1 contract
Samples: Credit Agreement (Vitran Corp Inc)
REGULATION U OR X. The Borrower Borrowers shall not, and shall not suffer or permit any Subsidiary to, engage in the business of extending credit for the purpose of purchasing or carrying margin stock. The Borrower Borrowers shall not use any of the proceeds of any credit extended hereunder to “"purchase” " or “"carry” " any “"margin stock” " as defined in Regulation U of the Board.F.R.S.
Appears in 1 contract
Samples: Credit Agreement (Vitran Corp Inc)
