Common use of Specifically Prohibited Applications Clause in Contracts

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.

Appears in 3 contracts

Samples: Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Inc)

AutoNDA by SimpleDocs

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 (a) to purchase or to carry Margin Stock or (except the First Reserve Common Stockb) or to engage in any transaction prohibited by the Foreign Trade Regulations, by other Legal Requirements applicable to the Lenders or by the Credit Documents.

Appears in 2 contracts

Samples: Credit Agreement (Sba Communications Corp), Credit Agreement (Sba Communications Corp)

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.

Appears in 2 contracts

Samples: Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Oil Co)

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 (a) to purchase or to carry Margin Stock in amounts that would result in a violation of Rules T, U or X of the Board of Governors of the Federal Reserve System, or (except the First Reserve Common Stockb) or to any transaction prohibited by the Foreign Trade Regulations, by other Legal Requirements applicable to the Lenders or by the Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Buckeye Technologies Inc)

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 in a manner that would cause the borrowing or the application of such proceeds to purchase or to carry Margin Stock (except the First Reserve Common Stock) or to violate any transaction prohibited by the Foreign Trade Regulations, by other Legal Requirements applicable to the Lenders or by the Credit DocumentsLenders.

Appears in 1 contract

Samples: Credit Agreement (Element K Corp)

Specifically Prohibited Applications. The Company will shall 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, Credit Documents or by other Legal Requirements applicable to the Lenders or by the Credit DocumentsLenders.

Appears in 1 contract

Samples: Credit Agreement (Nextera Enterprises Inc)

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 Regulationsany Credit Document, by other any Warrant Document or any Legal Requirements applicable to the Lenders or by the Credit DocumentsRequirement.

Appears in 1 contract

Samples: Credit Agreement (Doe Run Resources Corp)

AutoNDA by SimpleDocs

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.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Inc)

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 any Credit Document or any Legal Requirements applicable to the Lenders or by the Credit DocumentsRequirement.

Appears in 1 contract

Samples: Credit Agreement (Doe Run Resources Corp)

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 (a) to purchase or to carry Margin Stock in amounts that would result in a violation of Rules G, T, U or X of the Board of Governors of the Federal Reserve System, or (except the First Reserve Common Stockb) or to any transaction prohibited by the Foreign Trade Regulations, by other Legal Requirements applicable to the Lenders or by the Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Buckeye Cellulose Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.