Common use of Regulation U; Use of Proceeds Clause in Contracts

Regulation U; Use of Proceeds. The Borrower and its ----------------------------- Subsidiaries do not own any "margin stock" as such term is defined in Regulation U. The proceeds of the Loans will be used by the Borrower only for the purposes set forth in Section 5.16 hereof.

Appears in 2 contracts

Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)

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Regulation U; Use of Proceeds. The Borrower and its ----------------------------- Subsidiaries do not own any "margin stock" as such term is defined in Regulation U. The proceeds of the Loans will be used by the Borrower only for the purposes set forth in Section 5.16 hereof6.17.

Appears in 2 contracts

Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)

Regulation U; Use of Proceeds. The Borrower and its ----------------------------- Subsidiaries do not own any "margin stock" as such term is defined in Regulation U. The proceeds of the Loans will be used by the Borrower only for the purposes set forth in Section 5.16 5.17 hereof.

Appears in 1 contract

Samples: Credit Agreement (Lunn Industries Inc /De/)

Regulation U; Use of Proceeds. The Borrower and its ----------------------------- Subsidiaries do not own any "margin stock" as such term is defined in Regulation U. The proceeds of the Loans will be used by the Borrower only for the purposes set forth in Section 5.16 6.16 hereof.

Appears in 1 contract

Samples: Credit Agreement (Trex Co Inc)

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Regulation U; Use of Proceeds. The Borrower and its ----------------------------- Subsidiaries do not own any "margin stock" as such term is defined in Regulation U. The proceeds of the Loans will be used by the Borrower only for the purposes set forth in Section 5.16 6.15 hereof.

Appears in 1 contract

Samples: Credit Agreement (Trex Co Inc)

Regulation U; Use of Proceeds. The No Borrower and its nor any of ----------------------------- the Borrowers' Subsidiaries do not own any "margin stock" as such term is defined in Regulation U. The proceeds of the Revolving Loans will be used by the Borrower Borrowers only for the purposes set forth in Section 5.16 hereof.

Appears in 1 contract

Samples: Credit Agreement (GTS Duratek Inc)

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