Common use of Compliance with Federal Reserve Regulations Clause in Contracts

Compliance with Federal Reserve Regulations. No proceeds of the Loans shall be used, in whole or in part, by the Borrowers, any of their Subsidiaries or other Person, directly or indirectly, to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any “margin security” or “margin stock,” or to extend credit to others for the purpose of purchasing or carrying any “margin security” or “margin stock.” The Borrowers shall not, and shall not permit any of their Subsidiaries to, directly or indirectly, take or permit to be taken any action which would result in the Loans or the carrying out of any of the other transactions contemplated by this Agreement being violative of Regulation T, U or X of the Board of Governors of the Federal Reserve System or any other regulation of the Board of Governors of the Federal Reserve System. If requested by the Agent, the Borrower shall complete and sign Part I of a copy of the Federal Reserve Form U-1 referred to in Regulation U of the Board of Governors of the Federal Reserve System and deliver such copy to each Lender.

Compliance with Federal Reserve Regulations. No proceeds of the RC Loans shall be used, in whole or in part, by the BorrowersBorrower, any of their its Subsidiaries or other Person, directly or indirectly, to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any “margin security” or “margin stock,” or to extend credit to others for the purpose of purchasing or carrying any “margin security” or “margin stock.” The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, directly or indirectly, take or permit to be taken any action which would result in the RC Loans or the carrying out of any of the other transactions contemplated by this Agreement being violative of Regulation T, U or X of the Board of Governors of the Federal Reserve System or any other regulation of the Board of Governors of the Federal Reserve System. If requested by the Agent, the Borrower shall complete and sign Part I of a copy of the Federal Reserve Form U-1 referred to in Regulation U of the Board of Governors of the Federal Reserve System and deliver such copy to each Lender.

Compliance with Federal Reserve Regulations. No proceeds of the Loans shall be used, in whole or in part, by the BorrowersBorrower, any of their its Subsidiaries or other Person, directly or indirectly, to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any “margin security” or “margin stock,” or to extend credit to others for the purpose of purchasing or carrying any “margin security” or “margin stock.” The Borrowers shall not, and shall not permit Neither the Borrower nor any of their its Subsidiaries toshall, directly or indirectly, otherwise take or permit to be taken any action which would result in the Loans or the carrying out of any of the other transactions contemplated by this Agreement being violative of Regulation T, U or X of the Board of Governors of the Federal Reserve System or any other regulation of the Board of Governors of the Federal Reserve System. If requested by the Agent, the Borrower shall complete and sign Part I of a copy of the Federal Reserve Form U-1 referred to in Regulation U of the Board board of Governors governors of the Federal Reserve System and deliver such copy to each Lender.

Compliance with Federal Reserve Regulations. No proceeds of the Loans shall be used, in whole or in part, by the Borrowers, any of their Subsidiaries or other Person, directly or indirectly, to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any “margin security” or “margin stock,” or to extend credit to others for the purpose of purchasing or carrying any “margin security” or “margin stock.” The Borrowers shall not, and shall not permit any of their Subsidiaries to, directly or indirectly, take or permit to be taken any action which would result in the Loans or the carrying out of any of the other transactions contemplated by this Agreement being violative of Regulation T, U or X of the Board of Governors of the Federal Reserve System or any other regulation of the Board of Governors of the Federal Reserve System. If requested by the Agent, the Borrower shall complete and sign Part I of a copy of the Federal Reserve Form U-1 referred to in Regulation U of the Board board of Governors governors of the Federal Reserve System and deliver such copy to each Lender.

Compliance with Federal Reserve Regulations. No proceeds of the Loans shall be used, in whole or in part, by the BorrowersBorrower, any of their its Restricted Subsidiaries or other Person, directly or indirectly, to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any “margin security” or “margin stock,” or to extend credit to others for the purpose of purchasing or carrying any “margin security” or “margin stock.” The Borrowers shall not, and shall not permit Neither the Borrower nor any of their its Restricted Subsidiaries toshall, directly or indirectly, otherwise take or permit to be taken any action which would result in the Loans or the carrying out of any of the other transactions contemplated by this Agreement being violative of Regulation T, U or X of the Board of Governors of the Federal Reserve System or any other regulation of the Board of Governors of the Federal Reserve System. If requested by the Agent, the Borrower shall complete and sign Part I of a copy of the Federal Reserve Form U-1 U-l referred to in Regulation U of the Board board of Governors governors of the Federal Reserve System and deliver such copy to each Lender.

Compliance with Federal Reserve Regulations. No proceeds of the Loans shall be used, in whole or in part, by the BorrowersBorrower, any of their its Restricted Subsidiaries or other Person, directly or indirectly, to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any “margin security” or “margin stock,” or to extend credit to others for the purpose of purchasing or carrying any “margin security” or “margin stock.” The Borrowers shall not, and shall not permit Neither the Borrower nor any of their its Restricted Subsidiaries toshall, directly or indirectly, otherwise take or permit to be taken any action which would result in the Loans or the carrying out of any of the other transactions contemplated by this Agreement being violative of Regulation T, U or X of the Board of Governors of the Federal Reserve System or any other regulation of the Board of Governors of the Federal Reserve System. If requested by the AgentMajority Lenders, the Borrower shall complete and sign Part I of a copy of the Federal Reserve Form U-1 referred to in Regulation U of the Board board of Governors governors of the Federal Reserve System and deliver such copy to each Lender.