Restriction on Use of Proceeds. The Borrower will not use the proceeds of any Borrowing, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or carry Margin Stock, or to extend credit to others for the purpose of purchasing or carrying Margin Stock or to refund indebtedness originally incurred for such purpose.
Appears in 13 contracts
Samples: Uncommitted Revolving Credit Agreement (Power Solutions International, Inc.), Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.)
Restriction on Use of Proceeds. The Borrower will not use the proceeds of any BorrowingCredit Extension, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or carry Margin Stock, or to extend credit to others for the purpose of purchasing or carrying Margin Stock or to refund indebtedness originally incurred for such purpose.
Appears in 6 contracts
Samples: Credit Agreement (Global Clean Energy Holdings, Inc.), Credit Agreement (SWK Holdings Corp), Credit Agreement (SWK Holdings Corp)
Restriction on Use of Proceeds. The Borrower will not use the proceeds of any Borrowingborrowing, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or carry Margin Stock, or to extend credit to others for the purpose of purchasing or carrying Margin Stock or to refund indebtedness originally incurred for such purpose.
Appears in 2 contracts
Samples: Credit Agreement (Istar Inc.), Credit Agreement (Star Holdings)
Restriction on Use of Proceeds. The Borrower Borrowers will not use the proceeds of any Borrowing, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or carry Margin Stock, or to extend credit to others for the purpose of purchasing or carrying Margin Stock or to refund indebtedness originally incurred for such purpose..
Appears in 1 contract
Samples: Credit Agreement (Pricesmart Inc)
