Compliance with Margin Regulations. Borrower shall not, directly or indirectly, take any action that would result in a violation by it of Regulation T, U, or X.
Compliance with Margin Regulations. Take any action with respect to the Loan Documents that would result in a violation of Regulation T, U, or X.
Compliance with Margin Regulations. (i) Such Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying Margin Stock, and no proceeds of any Advance or drawings under any Letter of Credit will be used to purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock.
(ii) Following application of the proceeds of each Advance or drawing under each Letter of Credit, not more than 25 percent of the value of the assets (either of either Borrower only or of either Borrower and its Subsidiaries on a Consolidated basis) subject to the provisions of Section 5.02(a) or 5.02(d) or subject to any restriction contained in any agreement or instrument between either Borrower and any Lender Party or any Affiliate of any Lender Party relating to Debt and within the scope of Section 7.01(e) will be Margin Stock.
Compliance with Margin Regulations. Borrower shall not, and shall cause its Affiliates not to, take any action with respect to the proceeds of any Advance or any Collateral that is in violation of the Margin Regulations.
Compliance with Margin Regulations. The issuance of the New Notes hereunder and the consummation of the transactions contemplated hereby will not violate or be inconsistent with Regulation G, T, U or X of the Board of Governors of the Federal Reserve System or any other regulation of such Board of Governors.
Compliance with Margin Regulations. If the Lender determines in good faith that for any reason the Effective Amount of Credit Extensions needs to be reduced in order to comply with the Margin Regulations, the Borrower shall prepay outstanding Loans in an amount equal to the amount specified by the Lender in order to so comply with the Margin Regulations.
Compliance with Margin Regulations. The Borrower shall not, directly or indirectly, use, or permit its Affiliates to use, any part of the proceeds of any Borrowing or L/C Credit Extension, whether directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of buying or carrying “margin stock” (within the meaning of under Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereafter in effect).
Compliance with Margin Regulations. Each Loan Party shall not, and the Loan Parties shall not and not permit their Affiliates to, violate any applicable Margin Regulation.
Compliance with Margin Regulations. No proceeds of any Advance or Investment have been used in violation of any applicable Law (including, without limitation, Regulation G, Regulation T, Regulation U and Regulation X).
Compliance with Margin Regulations. Provide a statement to the Administrative Agent and each Lender, indicating that the Borrower and its Subsidiaries are in compliance with all regulations regarding "margin stock" under Regulation U promulgated by the Board of Governors of the Federal Reserve System.
