Margin Stock definition

Margin Stock shall have the meaning assigned to such term in Regulation U.

Margin Stock has the meaning assigned to that term in Regulation U of the Board of Governors of the Federal Reserve System as in effect from time to time.

Margin Stock means “margin stock” as such term is defined in Regulation T, U or X of the Federal Reserve Board.

Examples of Margin Stock in a sentence

• None of the proceeds of the Loans will be used, directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of buying or carrying any Margin Stock.

• No part of the proceeds of any Loan will be used by the Borrower to purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock.

• Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25% of the value of the assets (either of the Borrower only or of the Borrower and its Restricted Subsidiaries on a consolidated basis) will be Margin Stock.

• Use the proceeds of any Extension of Credit to buy or carry Margin Stock.

• The Borrower is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or carrying Margin Stock, or extending credit for the purpose of purchasing or carrying Margin Stock, and no part of the proceeds of any Revolving Extension of Credit hereunder will be used to buy or carry any Margin Stock.

More Definitions of Margin Stock

Margin Stock as defined in Regulation U.

Margin Stock shall have the meaning provided in Regulation U of the Board of Governors of the Federal Reserve System.

Margin Stock means “margin stock” as defined in Regulation U.

Margin Stock as defined in Regulation U of the Board of Governors as in effect from time to time.

Margin Stock means “margin stock” as such term is defined in Regulation U.

Margin Stock any “margin stock”, as said term is defined in Regulation U of the Board of Governors of the Federal Reserve System, as the same may be amended or supplemented from time to time.

Margin Stock means "margin stock" as such term is defined in Regulation T, U or X of the FRB.