Common use of Certain Federal Regulations Clause in Contracts

Certain Federal Regulations. Neither the Company nor any of its Subsidiaries is engaged in or will engage in the business of extending credit for the purposes of "purchasing" or "carrying" any "margin stock" within the respective meanings of each of the quoted terms under Regulation U of the Board, and no part of the proceeds of any Loan will be used for any purpose which violates, or which would be inconsistent with, the provisions of Regulation U or X of the Board.

Appears in 6 contracts

Samples: 364 Day Credit Agreement (W R Grace & Co), Credit Agreement (W R Grace & Co), 364 Day Credit Agreement (Wr Grace & Co/De)

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