Example ContractsClausesdisbursement of advance proceedsIdentical
Disbursement of Advance Proceeds
Disbursement of Advance Proceeds contract clause examples

Use of Proceeds. Use the proceeds of any Credit Extension, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or carry margin stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund Indebtedness originally incurred for such purpose.

Amendment No. 3 to Credit Agreement
Source: SEC EDGAR database • Date: September 1, 2021 • SIC: 2890 • CIK: 2890

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