Common use of Securities Activities Clause in Contracts

Securities Activities. Neither any Loan Party nor any of their respective Subsidiaries 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.

Appears in 7 contracts

Samples: Credit Agreement (Paxson Communications Corp), Credit Agreement (Wherehouse Entertainment Inc), Credit Agreement (Paxson Communications Corp)

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Securities Activities. Neither any None of the Loan Party nor any Parties and none of their respective the Subsidiaries of the Loan Parties 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.

Appears in 3 contracts

Samples: Credit Agreement (Owens Illinois Inc /De/), Credit Agreement (Borg Warner Security Corp), Credit Agreement (Borg Warner Security Corp)

Securities Activities. Neither any Loan Party nor any of their respective Subsidiaries 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.

Appears in 2 contracts

Samples: Participation Agreement (Quality Food Centers Inc), Participation Agreement (Fred Meyer Inc)

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Securities Activities. Neither any None of the Loan Party nor any Parties and none of their the respective Subsidiaries of the Loan Parties 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.

Appears in 1 contract

Samples: Credit Agreement (Borg Warner Security Corp)

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