Use of Proceeds of Loans. (a) Use the proceeds of Revolving Loans hereunder other than for the purposes set forth in Section 5.15 hereof. (b) Use, directly or indirectly, the proceeds of any Loan hereunder for the purpose (whether immediate, incidental or ultimate) of buying or carrying any Margin Stock.
Appears in 2 contracts
Samples: Credit, Security and Guaranty Agreement (Ventas Inc), Credit, Security and Guaranty Agreement (Ventas Inc)
Use of Proceeds of Loans. (a) Use the proceeds of Revolving Credit Loans hereunder other than for the purposes set forth in Section 5.15 5.18 hereof.
(b) Use, directly or indirectly, the proceeds of any Loan hereunder for the purpose (whether immediate, incidental or ultimate) of buying or carrying any Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Ventas Inc)
Use of Proceeds of Loans. (a) Use the proceeds of Revolving any Loans hereunder other than for the purposes set forth in in, and as required by, Section 5.15 2.2(b) hereof.
(b) Use, directly or indirectly, the proceeds of any Loan hereunder for the purpose (whether immediate, incidental or ultimate) of buying or carrying any Margin Stock.
Appears in 1 contract
Samples: Credit Agreement (Oneida LTD)
Use of Proceeds of Loans. (a) Use the proceeds of Revolving Credit Loans hereunder other than for the purposes set forth in Section 5.15 in, and as required by, Sections 2.1(b), 2.2(b) and 2.3(b) hereof.
(b) Use, directly or indirectly, the proceeds of any Loan hereunder for the purpose (whether immediate, incidental or ultimate) of buying or carrying any Margin Stock.
Appears in 1 contract
Samples: Credit, Security, Guaranty and Pledge Agreement (Genesis Health Ventures Inc /Pa)
Use of Proceeds of Loans. (a) Use the proceeds of Revolving Loans hereunder other than for the purposes set forth in in, and as required by, Section 5.15 2.1(b) hereof.
(b) Use, directly or indirectly, the proceeds of any Loan hereunder for the purpose (whether immediate, incidental or ultimate) of buying or carrying any Margin Stock.
Appears in 1 contract
Samples: Credit, Security, Guaranty and Pledge Agreement (Guilford Mills Inc)
Use of Proceeds of Loans. (a) Use the proceeds of Revolving any Loans hereunder other than for the purposes set forth in Section 5.15 in, and as required by, Sections 2.1(b) and 2.2(b) hereof.
(b) Use, directly or indirectly, the proceeds of any Loan hereunder for the purpose (whether immediate, incidental or ultimate) of buying or carrying any Margin Stock.
Appears in 1 contract
Samples: Credit, Security, Guaranty and Pledge Agreement (Genesis Healthcare Corp)
Use of Proceeds of Loans. (a) Use the proceeds of Revolving Loans hereunder other than for the purposes set forth in in, and as required by, Section 5.15 hereof.
(b) Use, directly or indirectly, any portion of the proceeds of any Loan hereunder for the purpose (whether immediate, incidental or ultimate) of buying or carrying any Margin Stock.Stock or for any purpose that is in violation of any of the Regulations of the Board, including, without limitation, Regulations U and X.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Wiltel Communications Group Inc)
Use of Proceeds of Loans. (a) Use the proceeds of Revolving any Loans hereunder other than for the purposes set forth in in, and as required by, Section 5.15 2.1(b) hereof.
(b) Use, directly or indirectly, the proceeds of any Loan hereunder for the purpose (whether immediate, incidental or ultimate) of buying or carrying any Margin Stock.
Appears in 1 contract
