Federal Reserve Board Regulations. The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States (the “Board”) and no part of the proceeds of the Loans will be used for any purpose which entails a violation of Regulations U, G, T or X of the Board.
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Samples: Master Loan and Security Agreement (Oxford Finance Corp), Master Loan and Security Agreement (Oxford Finance Corp)
Federal Reserve Board Regulations. The Borrower and each Subsidiary is not engaged in the business of extending credit for the purpose of purchasing or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States (the “Board”) , and no part of the proceeds of the Loans Special Project Revolving Credit Facility will be used for any purpose which entails a violation of Regulations U, G, T U or X of the Board.
Appears in 1 contract
Samples: Special Project Loan Agreement (Optical Cable Corp)
Federal Reserve Board Regulations. The Borrower and each Subsidiary is not engaged in the business of extending credit for the purpose of purchasing or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States (the “Board”) , and no part of the proceeds of the Loans Revolving Credit Facility will be used for any purpose which entails a violation of Regulations U, G, T U or X of the Board.
Appears in 1 contract
Federal Reserve Board Regulations. The Borrower is Borrowers are not engaged in the business of extending credit for the purpose of purchasing or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States (the “Board”) and no part of the proceeds of the Loans Advances will be used for any purpose which entails a violation of Regulations U, G, T U or X of the Board.
Appears in 1 contract
Federal Reserve Board Regulations. The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States (the “Board”) and no part of the proceeds of the Loans Advances will be used for any purpose which entails a violation of Regulations U, G, T U or X of the Board.
Appears in 1 contract
Federal Reserve Board Regulations. The Borrower is Borrowers are not engaged in the business of extending credit for the purpose of purchasing or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States (the “Board”) and no part of the proceeds of the Loans Advances will be used for any purpose which entails a violation of Regulations U, G, T U or X of the Board.
Appears in 1 contract
Federal Reserve Board Regulations. The Borrower None of the Borrowers is not engaged in the business of extending credit for the purpose of purchasing or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States (the “Board”) and no part of the proceeds of the Loans will be used for any purpose which entails a violation of Regulations U, G, T or X of the Board.
Appears in 1 contract
Samples: Master Loan and Security Agreement (Gse Systems Inc)
