Chapter 346 of the Texas Finance Code Sample Clauses

Chapter 346 of the Texas Finance Code. The provisions of Chapter 346 of the Finance Code of Texas are specifically declared by the parties hereto not to be applicable to this Agreement or to the transactions contemplated hereby.
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Chapter 346 of the Texas Finance Code. The provisions of Chapter 346 of the Texas Finance Code, as amended, do not govern or in any manner apply to this Agreement or any of the Related Documents.
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Chapter 346 of the Texas Finance Code. In the event the laws of the State of Texas are applicable to any of the Operative Agreements or any of the obligations thereunder, to the extent a higher maximum lawful rate of interest would result from the parties hereto agreeing that the provisions of Chapter 346 of the Texas Finance Code (relating to certain revolving credit accounts), as amended, shall not apply to the Operative Agreements or any of the obligations thereunder, the parties hereto so agree that the provisions of such Chapter 346 shall not apply.
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Related to Chapter 346 of the Texas Finance Code

  • Margin Regulations; Investment Company Act (a) 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 (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock.

  • Bank Holding Company Act Neither the Company nor any of its Subsidiaries or Affiliates is subject to the Bank Holding Company Act of 1956, as amended (the “BHCA”) and to regulation by the Board of Governors of the Federal Reserve System (the “Federal Reserve”). Neither the Company nor any of its Subsidiaries or Affiliates owns or controls, directly or indirectly, five percent (5%) or more of the outstanding shares of any class of voting securities or twenty-five percent or more of the total equity of a bank or any entity that is subject to the BHCA and to regulation by the Federal Reserve. Neither the Company nor any of its Subsidiaries or Affiliates exercises a controlling influence over the management or policies of a bank or any entity that is subject to the BHCA and to regulation by the Federal Reserve.

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