Common use of Specifically Prohibited Applications Clause in Contracts

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 Credit Documents to purchase or to carry Margin 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 No Borrower will notwill, 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, Credit Documents or by other Legal Requirements applicable to the Lenders or by the Credit DocumentsLenders.