Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.8. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock.
Appears in 19 contracts
Samples: Credit Agreement, Credit Agreement (International Textile Group Inc), Credit Agreement (Cryolife Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.106.10, and are intended to be and shall be used in compliance with Section 5.87.08. No Credit Loan Party and no Subsidiary of any Credit Loan Party is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin StockStock in a manner that would result in a violation of Regulation U of the Federal Reserve Board. Proceeds The proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock.
Appears in 8 contracts
Samples: Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.), Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.), Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.8. No Credit Party and no Subsidiary Neither the Borrower nor any of any Credit Party its Subsidiaries is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock.
Appears in 6 contracts
Samples: Credit Agreement (Panther Expedited Services, Inc.), Credit Agreement (WII Components, Inc.), Credit Agreement (Panther Expedited Services, Inc.)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.85.10. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds As of the Loans shall not be used for the purpose Funding Date, except as set forth on Schedule 4.8, no Credit Party and no Subsidiary of purchasing or carrying any Credit Party owns any Margin Stock.
Appears in 3 contracts
Samples: Credit Agreement (Rimini Street, Inc.), Credit Agreement (Rimini Street, Inc.), Credit Agreement (Rimini Street, Inc.)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.106.11, and are intended to be and shall be used in compliance with Section 5.87.7. No Credit Party and no Subsidiary of Neither the Company nor any Credit other Loan Party is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (LKQ Corp), Credit Agreement (LKQ Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.85.10. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds As of the Loans shall not be used for the purpose Closing Date, no Credit Party and no Subsidiary of purchasing or carrying any Credit Party owns any Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Iteris, Inc.), Credit Agreement (Legacy Housing Corp)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.85.10. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds As of the Loans shall not be used for the purpose Effective Date, except as set forth on Schedule 4.8, no Credit Party and no Subsidiary of purchasing or carrying any Credit Party owns any Margin Stock.
Appears in 2 contracts
Samples: Credit Agreement (Addus HomeCare Corp), Credit Agreement
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.105.10, and are intended to be and shall be used in compliance with Section 5.8this Agreement. No Credit Party and no Neither such Obligor nor any Subsidiary of any Credit Party is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock.
Appears in 2 contracts
Samples: Loan and Security Agreement (Teavana Holdings Inc), Loan and Security Agreement (Teavana Holdings Inc)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.105.10, and are intended to be and shall be used in compliance with Section 5.86.7. No Credit Party and no Subsidiary none of any Credit Party the Borrower’s Subsidiaries is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Ute Energy Upstream Holdings LLC)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.85.10. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds As of the Loans shall not be used for the purpose Second Amendment Effective Date, except as set forth on Schedule 4.8, no Credit Party and no Subsidiary of purchasing or carrying any Credit Party owns any Margin Stock.
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Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.8. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.85.10. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds As of the Loans shall not be used for the purpose Restatement Date, except as set forth on Schedule 4.8, no Credit Party and no Subsidiary of purchasing or carrying any Credit Party owns any Margin Stock.
Appears in 1 contract
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.85.10. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds As of the Loans shall not be used for the purpose Closing Date, except as set forth on Schedule 4.8, no Credit Party and no Subsidiary of purchasing or carrying any Credit Party owns any Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Phreesia, Inc.)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.8. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling Margin Stock (other than the Xxxx Shares) or extending credit for the purpose of purchasing or carrying Margin StockStock (other than the Xxxx Shares). Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock.
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Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.105.10, and are intended to be and shall be used in compliance with Section 5.85.10. No Credit Party and no Subsidiary None of the Borrowers or any Credit Party of their Subsidiaries is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Commercial Vehicle Group, Inc.)
Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.8. No Credit Party and no Subsidiary Neither Holdings, the Borrower nor any of any Credit Party its Subsidiaries is generally engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock.
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Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.85.10. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds As of the Loans shall not be used for the purpose Closing Date, except as set forth on Schedule 4.8, no Credit Party and no Subsidiary of purchasing or carrying any Credit Party owns any Margin Stock.
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