Common use of Compliance with Regulations T, U and X Clause in Contracts

Compliance with Regulations T, U and X. In the case of the Parent Borrower and any Subsidiary of the Parent Borrower, purchase or carry any Margin Stock or incur, create or assume any obligation for borrowed money or other liability or make any investment, capital contribution, loan, advance or extension of credit or sell or otherwise dispose of any assets or pay any dividend or make any other distribution to its shareholders or take or permit to be taken any other action or permit to occur or exist any event or condition if such action, event or condition would result in this Agreement, the Loans, the use of the proceeds thereof or the other transactions contemplated hereby violating Regulation T, U or X.

Appears in 6 contracts

Samples: Credit Agreement (Brinks Co), Credit Agreement (Brinks Co), Credit Agreement (Brinks Co)

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Compliance with Regulations T, U and X. In the case of the Parent Borrower and any Subsidiary of the Parent Borrowerits Restricted Subsidiaries, purchase or carry any Margin Stock or incur, create or assume any obligation for borrowed money or other liability or make any investment, capital contribution, loan, advance or extension of credit or sell or otherwise dispose of any assets or pay any dividend or make any other distribution to its shareholders or take or permit to be taken any other action or permit to occur or exist any event or condition if such action, event or condition would result in this Agreement, the Loans, the use of the proceeds thereof or the other transactions contemplated hereby violating Regulation T, U or X.

Appears in 3 contracts

Samples: Credit Agreement (Brinks Co), Loan Agreement (Brinks Co), Credit Agreement (Brinks Co)

Compliance with Regulations T, U and X. In the case of the Parent Borrower and any Subsidiary of the Parent Borrower, purchase or carry any Margin Stock or incur, create or assume any obligation for borrowed money or other liability or make any investment, capital contribution, loan, advance or extension of credit or sell or otherwise dispose of any assets or pay any dividend or make any other distribution to its shareholders or take or permit to be taken any other action or permit to occur or exist any event or condition if such action, event or condition would result in this Agreement, the Loans, the use of the proceeds thereof Agreement or the other transactions contemplated hereby violating Regulation T, U or X.

Appears in 3 contracts

Samples: Letter of Credit Agreement (Brinks Co), Letter of Credit Agreement (Brinks Co), Letter of Credit Agreement (Brinks Co)

Compliance with Regulations T, U and X. In the case of the Parent Borrower and any Subsidiary of the Parent Borrower, purchase or carry any Margin Stock or incur, create or assume any obligation for borrowed money or other liability or make any investment, capital contribution, loan, advance or extension of credit or sell or otherwise dispose of any assets or pay any dividend or make any other distribution to its shareholders or take or permit to be taken any other action or permit to occur or exist any event or condition if such action, event or condition would result in this Agreement, the Loans, the use of the proceeds thereof or the other transactions contemplated hereby violating Regulation T, U or X.

Appears in 2 contracts

Samples: Credit Agreement (Pittston Co), Credit Agreement (Pittston Co)

Compliance with Regulations T, U and X. In the case of the Parent Borrower Applicant and any Subsidiary of the Parent BorrowerApplicant, purchase or carry any Margin Stock or incur, create or assume any obligation for borrowed money or other liability or make any investment, capital contribution, loan, advance or extension of credit or sell or otherwise dispose of any assets or pay any dividend or make any other distribution to its shareholders or take or permit to be taken any other action or permit to occur or exist any event or condition if such action, event or condition would result in this Agreement, the Loansissuance of any Credit, the use of the proceeds thereof or the other transactions contemplated hereby violating Regulation T, U or X.

Appears in 2 contracts

Samples: Continuing Agreement for Standby Letters of Credit (Brinks Co), Committed Letter of Credit Issuance and Reimbursement Agreement (Brinks Co)

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Compliance with Regulations T, U and X. In the case of the Parent Borrower and any Subsidiary of the Parent BorrowerParent, purchase or carry any Margin Stock or incur, create or assume any obligation for borrowed money or other liability or make any investment, capital contribution, loan, advance or extension of credit or sell or otherwise dispose of any assets or pay any dividend or make any other distribution to its shareholders or take or permit to be taken any other action or permit to occur or exist any event or condition if such action, event or condition would result in this Agreement, the Loans, the use of the proceeds thereof Agreement or the other transactions contemplated hereby violating Regulation T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Brinks Co)

Compliance with Regulations T, U and X. In the case of the Parent Borrower and any Subsidiary of the Parent BorrowerParent, purchase or carry any Margin Stock or incur, create or assume any obligation for borrowed money or other liability or make any investment, capital contribution, loan, advance or extension of credit or sell or otherwise dispose of any assets or pay any dividend or make any other distribution to its shareholders or take or permit to be taken any other action or permit to occur or exist any event or condition if such action, event or condition would result in this Agreement, the Loans, the use of the proceeds thereof or the other transactions contemplated hereby violating Regulation T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Brinks Co)

Compliance with Regulations T, U and X. In the case of the Parent Borrower and any Subsidiary of the Parent Borrower, purchase or carry any Margin Stock or incur, create or assume any obligation for borrowed money or other liability or make any investment, capital contribution, loan, advance or extension of credit or sell or otherwise dispose of any assets or pay any dividend or make any other distribution to its shareholders or take or permit to be taken any other action or permit to occur or exist any event or condition if such action, event or condition would result in this Agreement, the LoansLoan, the use of the proceeds thereof or the other transactions contemplated hereby violating Regulation T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Brinks Co)

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