Common use of Compliance with U.S Clause in Contracts

Compliance with U.S. Regulations No Obligor shall (and the Borrower shall ensure that no other member of the Group will) become an "investment company," or an "affiliated person" of, or "promoter" or "principal underwriter" for, an "investment company," as such terms are defined in the 1940 Act. Neither the making of any Loan, or the application of the proceeds or repayment thereof by any Obligor nor the consummation of the other transactions contemplated hereby will violate any provision of such act or any rule, regulation or order of the SEC thereunder.

Appears in 2 contracts

Samples: Secured Facilities Agreement (Citigroup Inc), Secured Facilities Agreement (Citigroup Inc)

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Compliance with U.S. Regulations No Obligor shall (and the Borrower Company shall ensure that no other member of the Group will) become an "investment company," or an "affiliated person" of, or "promoter" or "principal underwriter" for, an "investment company," as such terms are defined in the 1940 Act. Neither the making of any Loan, or the application of the proceeds or repayment thereof of any Loan by any Obligor nor the consummation of the other transactions contemplated hereby by this agreement will violate any provision of such act or any rule, regulation or order of the SEC thereunderunder the 1940 Act.

Appears in 1 contract

Samples: Secured Facilities Agreement (Solutia Inc)

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Compliance with U.S. Regulations No Obligor shall (and the Borrower Parent shall ensure that no other member of the Group will) become an "investment company," or an "affiliated person" of, ” of or "promoter" or "principal underwriter" for, ” for an "investment company," as such terms are defined in the 1940 ActInvestment Company Act of 1940. Neither the making of any the Loan, or the application of the proceeds or repayment thereof of any Loan by any Obligor US Group Company nor the consummation of the other transactions contemplated hereby by this agreement will violate any provision of such act or any rule, regulation or order of the SEC thereunderunder the Investment Company Act of 1940.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Octel Corp)

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