Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.
Appears in 4 contracts
Samples: Credit Agreement (Mississippi Chemical Corp /MS/), Credit Agreement (Mississippi Chemical Corp /MS/), Credit Agreement (Mississippi Chemical Corp /MS/)
Regulation U. Neither the Borrower Company nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 4 contracts
Samples: Credit Agreement (Sensient Technologies Corp), Credit Agreement (Sensient Technologies Corp), Credit Agreement (Sensient Technologies Corp)
Regulation U. Neither None of the Borrower Borrowers is nor any Subsidiary is will be engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation Regulations T, U or X of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Advance or any Term Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 3 contracts
Samples: Loan and Security Agreement (Metalico Inc), Loan and Security Agreement (Metalico Inc), Loan and Security Agreement (Dairy Mart Convenience Stores Inc)
Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 3 contracts
Samples: And Security Agreement (Hc2 Holdings, Inc.), Security Agreement and Fixture Filing (HC2 Holdings, Inc.), Credit and Security Agreement (Schuff International Inc)
Regulation U. Neither the Borrower Company nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 3 contracts
Samples: Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp)
Regulation U. Neither the any Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.
Appears in 3 contracts
Samples: Credit Agreement (Seminis Inc), Credit Agreement (Mississippi Chemical Corp /MS/), Mississippi Chemical Corp /MS/
Regulation U. Neither the Borrower nor any Subsidiary is its Subsidiaries are engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit advance made by Bank to Borrower hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 2 contracts
Samples: Loan Agreement (Taylor Capital Group Inc), Loan Agreement (Taylor Capital Group Inc)
Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) Board), and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of the Governors of the Federal Reserve System.
Appears in 2 contracts
Samples: Credit Agreement (Compex Technologies Inc), Credit Agreement (Rehabilicare Inc)
Regulation U. Neither the Borrower Holdings nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 2 contracts
Samples: Credit Agreement (Coho Resources Inc), Credit Agreement (Coho Energy Inc)
Regulation U. Neither the Borrower nor any Subsidiary Guarantor is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any the Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of Governors of the Federal Reserve System.
Appears in 2 contracts
Samples: Credit Agreement (Stancorp Financial Group Inc), Credit Agreement (Stancorp Financial Group Inc)
Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.
Appears in 2 contracts
Samples: Maverick Tube Corporation, Maverick Tube Corporation
Regulation U. Neither the Borrower Company nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying "margin stock stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit loan hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.
Appears in 2 contracts
Samples: Credit Agreement (Northland Cranberries Inc /Wi/), Execution Copy Credit Agreement (Northland Cranberries Inc /Wi/)
Regulation U. Neither the Borrower nor any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposeMargin Stock.
Appears in 2 contracts
Samples: Term Loan and Revolving Credit Agreement (Byline Bancorp, Inc.), Revolving Credit Agreement (Byline Bancorp, Inc.)
Regulation U. Neither the Borrower Borrowers nor any Subsidiary is are engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) U), and no part of the proceeds of any Loan or other extension of credit hereunder Borrowing will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock. Margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrowers and their Subsidiaries which are subject to any limitation on sale, pledge, or other restriction hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Allied Motion Technologies Inc), Credit Agreement (Allied Motion Technologies Inc)
Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any the Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of Governors of the Federal Reserve System.
Appears in 2 contracts
Samples: Credit Agreement (Stancorp Financial Group Inc), Credit Agreement (Stancorp Financial Group Inc)
Regulation U. Neither the Borrower nor any Subsidiary Guarantor is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Samples: Credit Agreement (SPS Commerce Inc)
Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of Governors of the Federal Reserve System.
Appears in 1 contract
Samples: Credit Agreement (Merrill Corp)
Regulation U. Neither the Borrower nor any of its Restricted Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) Board), and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of the Governors of the Federal Reserve System.
Appears in 1 contract
Samples: Credit Agreement (Pemstar Inc)
Regulation U. Neither the Borrower Company nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Term Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Regulation U. Neither any of the Borrower Borrowers nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of Advance or any Loan or other extension of credit hereunder portion thereof will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to reduce or retire any indebtedness incurred for such purpose or to extend credit to others for such a purpose.
Appears in 1 contract
Regulation U. Neither the Borrower Borrower, nor any Subsidiary of its Subsidiaries, is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of Governors of the Federal Reserve System.
Appears in 1 contract
Samples: Credit Agreement (Surmodics Inc)
Regulation U. Neither the Borrower nor any Subsidiary is its Subsidiaries are engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.advance made by Bank to
Appears in 1 contract
Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder the Loans will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to reduce or retire any indebtedness incurred for such purpose or to extend credit to others for such a purpose.
Appears in 1 contract
Samples: Loan Agreement (Penn Engineering & Manufacturing Corp)
Regulation U. Neither the Borrower nor any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) Margin Stock, and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase for the purpose, whether immediate, incidental or carry ultimate, of purchasing or carrying any margin stock (other than the Borrower's common stock) Margin Stock or to extend maintaining or extending credit to others for such a purpose.
Appears in 1 contract
Regulation U. Neither the any Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose).
Appears in 1 contract
Regulation U. Neither the Borrower or any of its Subsidiaries is, nor any Subsidiary is will be, engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation Regulations T, U or X of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Samples: Loan and Security Agreement (Orbital Sciences Corp /De/)
Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is nor ------------ will be engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation Regulations T, U of the Board of Governors of the Federal Reserve System) or X), and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Advance or Term Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit made hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.
Appears in 1 contract
Regulation U. Neither the Borrower nor any Subsidiary is has engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan Advance or other extension Letter of credit hereunder Credit will be used to purchase or carry any margin stock (other than in violation of Regulation T, U or X of the Borrower's common stock) Board of Governors of the Federal Reserve System or to extend credit to others any other Person for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder will shall be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Samples: Credit Agreement (Microdyne Corp)
Regulation U. Neither the Borrower nor any Subsidiary Guarantor is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan Advance or other extension Letter of credit hereunder Credit will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Samples: Loan Agreement (Seneca Gaming Corp)
Regulation U. Neither the Borrower nor any Subsidiary is of its Subsidiaries has engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Samples: Credit Agreement (Innovex Inc)
Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is nor will be engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation Regulations T, U of the Board of Governors of the Federal Reserve System) or X), and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.the purpose of purchasing or carrying any margin stock. (m)
Appears in 1 contract
Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.
Appears in 1 contract
Regulation U. Neither the Borrower Company nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit loan hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.
Appears in 1 contract
Regulation U. Neither the Borrower nor any Subsidiary is engaged in ------------ the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit the Loans made hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for the purpose of purchasing or carrying any such a purposemargin stock.
Appears in 1 contract
Samples: Loan and Security Agreement (Material Sciences Corp)
Regulation U. Neither the Borrower or any of its Subsidiaries is, nor any Subsidiary is will be, engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation Regulations T, U or X of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Advance or the Term Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Samples: Loan and Security Agreement (Orbital Sciences Corp /De/)
Regulation U. Neither the Borrower nor any Subsidiary the Guarantor is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of issued by the Federal Reserve System) Board), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Samples: Loan Agreement (Getchell Gold Corp)
Regulation U. Neither the Borrower nor any Subsidiary of its Restricted Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit advance made by Lenders to Borrower hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Samples: Credit Agreement (Regis Corp)
Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as that term is defined in Regulation U of issued by the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit the Credit Facilities hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder the Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is or will be engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract
Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) U), and no part of the proceeds of any Loan or other extension of credit hereunder Borrowing will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock. Margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or other restriction hereunder.
Appears in 1 contract
Samples: Credit Agreement (Natural Grocers by Vitamin Cottage, Inc.)
Regulation U. Neither the Borrower nor any Subsidiary the Guarantor is or will not be engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part proceeds of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.
Appears in 1 contract