Common use of Federal Reserve Regulations; Use of Proceeds Clause in Contracts

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company is engaged principally in the business of extending, maintaining or arranging credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, U, or X of the Board of Governors of the Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder shall be used solely for the purposes permitted under Section 3.02 hereof.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company Guarantor is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "“margin stock" ” (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, U, or X of the Board of Governors of the Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder Loan shall be used solely for the purposes permitted under Section 3.02 hereof3.02.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the any Company nor any Subsidiary of the Company Guarantor is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, U, or X of the Board of Governors of the The Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder Loan shall be used solely for the purposes permitted under Section 3.02 hereof3.02.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company Company, any Guarantor nor any Subsidiary of the Company their respective Subsidiaries is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "“margin stock" ” (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for in any purpose case, which violates or is inconsistent with the provisions of Regulation T, U, or X of the Board of Governors of the Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder shall be used solely for the purposes permitted under Section 3.02 hereof.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, U, or X of the Board of Governors of the Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder hereunder, shall be used solely for the purposes permitted under Section 3.02 hereof.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company Corporate Guarantor is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, U, U or X of the Board of Governors of the Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder the Loans shall be used solely for the purposes permitted under Section 3.02 hereof3.02.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary None of the Company Credit Parties is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation Regulations T, U, or X of the Board of Governors of the The Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder Loan shall be used solely for the purposes permitted under Section 3.02 hereof3.02.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company Guarantor is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, U, or X of the Board of Governors of the Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder Loan shall be used solely for the purposes permitted under Section 3.02 hereof3.02.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company Corporate Guarantor is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, U, or X of the Board of Governors of the Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder Loan shall be used solely for the purposes permitted under Section 3.02 hereof3.02.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company its Subsidiaries is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (ba) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, ,U, or X of the Board of Governors of the Federal Reserve System. (cb) The proceeds of each Loan, and each other extension of credit hereunder shall be used solely for the purposes permitted under Section 3.02 hereof3.02.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the No Company is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, U, or X of the Board of Governors of the The Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder Loan shall be used solely for the purposes permitted under Section 3.02 hereof3.02.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company is engaged principally in the business of extending, maintaining or arranging credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Term Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, U, or X of the Board of Governors of the Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder Term Loan shall be used solely for the purposes permitted under Section 3.02 hereof.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company its Subsidiaries is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation the Regulations T, U, or X of the Board of Governors of the The Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder Loan shall be used solely for the purposes permitted under Section 3.02 hereof3.02.

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "“margin stock" ” (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time). (b) No part of the proceeds of any Loan and no other extension of credit hereunder will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or to carry margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock, or to refund indebtedness originally incurred for such purposes, or (ii) for any purpose which violates or is inconsistent with the provisions of Regulation T, U, or X of the Board of Governors of the Federal Reserve System. (c) The proceeds of each Loan, and each other extension of credit hereunder hereunder, shall be used solely for the purposes permitted under Section 3.02 hereof.