Common use of Compliance with Federal Reserve Board Regulations Clause in Contracts

Compliance with Federal Reserve Board Regulations. No part of the proceeds of any Advance will be used, directly or indirectly, for the purpose of purchasing or carrying any margin security within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, or for the purpose of purchasing or carrying or trading in any securities under such circumstances as to involve the Borrowers or the Guarantors in a violation of Regulation X of said Board or the Banks in a violation of Regulation U of said Board. In particular, without limitation of the foregoing, neither Borrower and neither Guarantor will use any part of the proceeds of any Advance to be made hereunder to acquire for itself or for any other person any publicly-held securities of any kind. The assets of the Borrowers and the Guarantors do not and will not include any margin securities, and the Borrowers and the Guarantors have no present intention of acquiring any margin securities. As used in this Section 12.15, the terms "margin security" and "purpose of purchasing or carrying" shall have the meanings assigned to them in the aforesaid Regulation U, and the term "publicly-held", in respect of securities, shall have the meaning assigned to it in Section 220.7(a) of Regulation T of said Board. If requested by the Agents, the Borrowers will furnish to the Agents a statement or statements in conformity with the requirements of Federal Reserve Form U-1 referred to in said Regulation U.

Compliance with Federal Reserve Board Regulations. No part of the proceeds of any Advance Advance, and no Letter of Credit, will be used, directly or indirectly, for the purpose of purchasing or carrying any margin security within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, or for the purpose of purchasing or carrying or trading in any securities under such circumstances as to involve the Borrowers or the Guarantors Guarantor in a violation of Regulation X of said Board or the Banks Lenders in a violation of Regulation U of said Board. In particular, without limitation of the foregoing, neither Borrower and neither the Borrowers nor the Guarantor will use any part of the proceeds of any Advance to be made hereunder to acquire for itself or for any other person any publicly-held securities of any kind. The assets of the Borrowers and the Guarantors Guarantor do not and will not include any margin securities, and the Borrowers and the Guarantors Guarantor have no present intention of acquiring any margin securities. As used in this Section 12.1512.17, the terms "margin security" and "purpose of purchasing or carrying" shall have the meanings assigned to them in the aforesaid Regulation U, and the term "publicly-held", in respect of securities, shall have the meaning assigned to it in Section 220.7(a) of Regulation T of said Board. If requested by the Agentsany Lender, the Borrowers will furnish to the Agents such Lender a statement or statements in conformity with the requirements of Federal Reserve Form U-1 referred to in said Regulation U.

Compliance with Federal Reserve Board Regulations. No part of the proceeds of any Advance will be used, directly or indirectly, for the purpose of purchasing or carrying any margin security within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, or for the purpose of purchasing or carrying or trading in any securities under such circumstances as to involve the Borrowers or the Guarantors Guarantor in a violation of Regulation X of said Board or the Banks Lender in a violation of Regulation U of said Board. In particular, without limitation of the foregoing, neither Borrower and neither the Borrowers nor the Guarantor will use any part of the proceeds of any Advance to be made hereunder to acquire for itself or for any other person any publicly-publicly- held securities of any kind. The assets of the Borrowers and the Guarantors Guarantor do not and will not include any margin securities, and the Borrowers and the Guarantors Guarantor have no present intention of acquiring any margin securities. As used in this Section 12.1513.19, the terms "margin security" and "purpose of purchasing or carrying" shall have the meanings assigned to them in the aforesaid Regulation U, and the term "publicly-held", in respect of securities, shall have the meaning assigned to it in Section 220.7(a) of Regulation T of said Board. If requested by the Agents, the Borrowers will furnish to the Agents a statement or statements in conformity with the requirements of Federal Reserve Form U-1 referred to in said Regulation U.Section

Compliance with Federal Reserve Board Regulations. No part of the proceeds of any Advance the Loan will be used, directly or indirectly, for the purpose of purchasing or carrying any margin security within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, or for the purpose of purchasing or carrying or trading in any securities under such circumstances as to involve the Borrowers or the Guarantors Borrower in a violation of Regulation X of said Board or the Banks Lender in a violation of Regulation U of said Board. In particular, without limitation of the foregoing, neither the Borrower and neither Guarantor will not use any part of the proceeds of any Advance the Loan to be made hereunder to acquire for itself or for any other person any publicly-held securities of any kind. The assets of the Borrowers and the Guarantors Borrower do not and will not include any margin securities, and the Borrowers and the Guarantors have Borrower has no present intention of acquiring any margin securities. As used in this Section 12.153.3(j), the terms "margin security" and "purpose of purchasing or carrying" shall have the meanings assigned to them in the aforesaid Regulation U, and the term "publicly-held", in respect of securities, shall have the meaning assigned to it in Section 220.7(a) of Regulation T of said Board. If requested by the AgentsLender, the Borrowers Borrower will furnish to the Agents Lender a statement or statements in conformity with the requirements of Federal Reserve Form U-1 referred to in said Regulation U.

Compliance with Federal Reserve Board Regulations. No Permit any part of the proceeds of any Advance will the Loan to be used, directly or indirectly, for the purpose of purchasing or carrying any margin security within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, or for the purpose of purchasing or carrying or trading in any securities under such circumstances as to involve the Borrowers Borrower or the Guarantors in a violation of Regulation X of said Board or the Banks Lenders in a violation of Regulation U of said Board. In particular, without limitation of the foregoing, neither the Borrower and neither Guarantor nor the Guarantors will use any part of the proceeds of any Advance the Loan to be made hereunder to acquire for itself or for any other person any publicly-held securities of any kind. The assets of the Borrowers Borrower and the Guarantors do not and will not include any margin securities, and the Borrowers Borrower and the Guarantors have no present intention of acquiring any margin securities. As used in this Section 12.153.3(s), the terms "“margin security" ” and "“purpose of purchasing or carrying" ” shall have the meanings assigned to them in the aforesaid Regulation U, and the term "“publicly-held"”, in respect of securities, shall have the meaning assigned to it in Section 220.7(a) of Regulation T of said Board. If requested by the AgentsLenders, the Borrowers Borrower will furnish to the Agents Lenders a statement or statements in conformity with the requirements of Federal Reserve Form U-1 referred to in said Regulation U.

Compliance with Federal Reserve Board Regulations. No part of the proceeds of any Advance Advance, will be used, directly or indirectly, for the purpose of purchasing or carrying any margin security within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, or for the purpose of purchasing or carrying or trading in any securities under such circumstances as to involve the Borrowers Borrower or the Guarantors in a violation of Regulation X of said Board or the Banks Lender in a violation of Regulation U of said Board. In particular, without limitation of the foregoing, neither the Borrower and neither Guarantor nor the Guarantors will use any part of the proceeds of any Advance to be made hereunder to acquire for itself or for any other person any publicly-held securities of any kind. The assets of the Borrowers Borrower and the Guarantors do not and will not include any margin securities, and the Borrowers Borrower and the Guarantors have no present intention of acquiring any margin securities. As used in this Section 12.1512.19, the terms "margin security" and "purpose of purchasing or carrying" shall have the meanings assigned to them in the aforesaid Regulation U, and the term "publicly-held", in respect of securities, shall have the meaning assigned to it in Section 220.7(a) of Regulation T of said Board. If requested by the AgentsLender, the Borrowers Borrower will furnish to the Agents Lender a statement or statements in conformity with the requirements of Federal Reserve Form U-1 referred to in said Regulation U.

Compliance with Federal Reserve Board Regulations. No part of the proceeds of any Advance Advance, and no Letter of Credit, will be used, directly or indirectly, for the purpose of purchasing or carrying any margin security within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, or for the purpose of purchasing or carrying or trading in any securities under such circumstances as to involve the Borrowers Borrower or the Guarantors in a violation of Regulation X of said Board or the Banks Lenders in a violation of Regulation U of said Board. In particular, without limitation of the foregoing, neither the Borrower and neither nor any Guarantor will use any part of the proceeds of any Advance to be made hereunder to acquire for itself or for any other person any publicly-held securities of any kind. The assets of the Borrowers Borrower and the Guarantors do not and will not include any margin securities, and the Borrowers Borrower and the Guarantors have no present intention of acquiring any margin securities. As used in this Section 12.1512.14, the terms "margin security" and "purpose of purchasing or carrying" shall have the meanings assigned to them in the aforesaid Regulation U, and the term "publicly-held", in respect of securities, shall have the meaning assigned to it in Section 220.7(a) of Regulation T of said Board. If requested by the Agentsany Lender, the Borrowers Borrower will furnish to the Agents such Lender a statement or statements in conformity with the requirements of Federal Reserve Form U-1 referred to in said Regulation U.

Compliance with Federal Reserve Board Regulations. No part of the proceeds of any Advance the Loan will be used, directly or indirectly, for the purpose of purchasing or carrying any margin security within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, or for the purpose of purchasing or carrying or trading in any securities under such circumstances as to involve the Borrowers or the Guarantors Guarantor in a violation of Regulation X of said Board or the Banks Lenders in a violation of Regulation U of said Board. In particular, without limitation of the foregoing, neither Borrower and neither the Borrowers nor the Guarantor will use any part of the proceeds of any Advance the Loan to be made hereunder to acquire for itself or for any other person any publicly-held securities of any kind. The assets of the Borrowers and the Guarantors Guarantor do not and will not include any margin securities, and the Borrowers and the Guarantors Guarantor have no present intention of acquiring any margin securities. As used in this Section 12.153.3(u), the terms "margin security" and "purpose of purchasing or carrying" shall have the meanings assigned to them in the aforesaid Regulation U, and the term "publicly-held", in respect of securities, shall have the meaning assigned to it in Section 220.7(a) of Regulation T of said Board. If requested by the AgentsLenders, the Borrowers will furnish to the Agents Lenders a statement or statements in conformity with the requirements of Federal Reserve Form U-1 referred to in said Regulation U.

Compliance with Federal Reserve Board Regulations. No part of the proceeds of any Advance Advance, and no Letter of Credit, will be used, directly or indirectly, for the purpose of purchasing or carrying any margin security within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, or for the purpose of purchasing or carrying or trading in any securities under such circumstances as to involve the Borrowers or the Guarantors Guarantor in a violation of Regulation X of said Board or the Banks Lender in a violation of Regulation U of said Board. In particular, without limitation of the foregoing, neither Borrower and neither the Borrowers nor the Guarantor will use any part of the proceeds of any Advance to be made hereunder to acquire for itself or for any other person any publicly-held securities of any kind. The assets of the Borrowers and the Guarantors Guarantor do not and will not include any margin securities, and the Borrowers and the Guarantors Guarantor have no present intention of acquiring any margin securities. As used in this Section 12.1513.20, the terms "margin security" and "purpose of purchasing or carrying" shall have the meanings assigned to them in the aforesaid Regulation U, and the term "publicly-held", in respect of securities, shall have the meaning assigned to it in Section 220.7(a) of Regulation T of said Board. If requested by the AgentsLender, the Borrowers will furnish to the Agents Lender a statement or statements in conformity with the requirements of Federal Reserve Form U-1 referred to in said Regulation U.