Specifically Prohibited Applications. The Borrower will not, directly or indirectly, apply any part of the proceeds of any extension of credit made pursuant to the Loan Documents to purchase or to carry Margin Stock or to any transaction prohibited by the Foreign Trade Regulations, by other Bank Legal Requirements of applicable to the Banks or by the Loan Documents.
Specifically Prohibited Applications. The Company will not, directly or indirectly, apply any part of the proceeds of any extension of credit made pursuant to the Credit Documents to purchase or to carry Margin Stock (except the First Reserve Common Stock) or to any transaction prohibited by the Foreign Trade Regulations, by other Legal Requirements applicable to the Lenders or by the Credit Documents.
Specifically Prohibited Applications. The Company will not directly or indirectly apply any part of the proceeds of any Loan made pursuant to this Agreement for the purposes of purchasing or carrying of any "margin stock" within the meaning of Regulation G, T, U or X of the Board of Governors of the Federal Reserve System, or any regulations, interpretations or rulings thereunder, all as from time to time in effect, or to the refunding of any loan incurred for such purpose.
Specifically Prohibited Applications. 38 2.7 Nature of Obligations of Banks to Make Extensions of Credit......................................... 38
Specifically Prohibited Applications. 27 2.5. Nature of Obligations of Lenders to Make Extensions of Credit..................................28
Specifically Prohibited Applications. 5. Nature of Obligations of Lenders to Make Extensions of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . .
Specifically Prohibited Applications. 35 2.5 Nature of Obligations of Banks to Make Extensions of Credit . . . . . . . . . . 35 (i) 3 Acquisition Note Page ii ARTICLE III INTEREST; EURODOLLAR PRICING OPTIONS; FEES . . . . . . . . . . . . . . . . . . . . . . 35 3.1 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 3.2 Eurodollar Pricing Options. . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Specifically Prohibited Applications. 27 2.5. Nature of Obligations of Lenders to Make Extensions of Credit..................................27 2.5.1. Revolving Loans.......................................................................27 2.5.2. Competitive Auction Facility Loans....................................................27 2.6. Extension of Final Maturity Dates of the Revolving Loan........................................28 2.6.1. Three-Year Final Maturity Date........................................................28 2.6.2. 364-Day Final Maturity Date...........................................................
Specifically Prohibited Applications. The Company will not, directly or indirectly, apply any part of the proceeds of any extension of credit made pursuant to the Credit Documents to purchase or to carry Margin Stock, or to any transaction prohibited by the Foreign Trade Regulations or by the Credit Documents or to any transaction prohibited by other Legal Requirements applicable to the Lenders of which notice has been given by any Lender to the Company. Nature of Obligations of Lenders to Make Extensions of Credite Extensions of Credit Revolving Loans. The Lenders' obligations to make Revolving Loans under this Agreement are several and are not joint or joint and several. If on any Closing Date any Lender shall fail to perform its obligations under this Agreement, the aggregate amount of Commitments to make the extensions of credit under this Agreement shall be reduced by the amount of unborrowed Commitment of the Lender so failing to perform and the Percentage Interests shall be appropriately adjusted. Lenders that have not failed to perform their obligations to make the extensions of credit contemplated by Section 2 may, if any such Lender so desires, assume, in such proportions as such Lenders may agree, the obligations of any Lender who has so failed and the Percentage Interests shall be appropriately adjusted. The provisions of this Section 2.5 shall not affect the rights of the Company against any Lender failing to perform its obligations hereunder.
Specifically Prohibited Applications. 29 ------------------------------------ 2.5. Nature of Obligations of Lenders to Make Extensions of Credit . . . . . . . . . . . . . . . . . . . 30 ------------------------------------------------------------- 3. Interest; Eurodollar Pricing Options; Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 ------------------------------------------ 3.1. Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 -------- 3.2. Eurodollar Pricing Options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 -------------------------- 3.2.1. Election of Eurodollar Pricing Options . . . . . . . . . . . . . . . . . . . . . . . . . . 31 -------------------------------------- 3.
