Common use of Use of Proceeds; Margin Securities Clause in Contracts

Use of Proceeds; Margin Securities. Neither the Corporation nor the Subsidiary are engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulations T, U or X of the Board of Governors of the Federal Reserve System), and no part of the proceeds of any extension of credit under this Agreement will be used to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock. Neither the Corporation, the Subsidiary nor any Person acting on their behalf has taken any action that might cause the transactions contemplated by this Agreement or any Other Agreements to violate Regulations T, U or X or to violate the Securities Exchange Act of 1934, as amended.

Use of Proceeds; Margin Securities. Neither the Corporation nor the Subsidiary are The Company is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulations G, T, U or X of the Board of Governors of the Federal Reserve System), and no part of the proceeds of any extension of credit under this Agreement will be used to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock. Neither the CorporationCompany, the Subsidiary any of its Subsidiaries, nor any Person acting on their behalf has taken any action that might cause the transactions contemplated by this Agreement Agreement, the Acquisition Documents, the Senior Loan Documents or any Other Agreements to violate Regulations G, T, U or X or to violate the Securities Exchange Act of 1934, as amended.

Use of Proceeds; Margin Securities. Neither the Corporation Borrower nor the any Subsidiary are is engaged principally, or as one of its important activities, in the business of extending credit for the purpose purposes of purchasing or carrying margin stock (within the meaning of Regulations G, T, U U, or X of the Board of Governors of the Federal Reserve System), and no part of the proceeds of any extension of credit under this Agreement will be used to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock. Neither the Corporation, the Subsidiary Borrower nor any Person acting on their its behalf has taken any action that might cause the transactions contemplated by this Agreement or any Other Agreements the Notes to violate Regulations G, T, U U, or X or to violate the Securities Exchange Act of 1934, as amended.