Common use of Federal Reserve Regulations Clause in Contracts

Federal Reserve Regulations. (a) Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock.

Appears in 44 contracts

Samples: Credit Agreement (Claires Stores Inc), Term Loan Credit Agreement (Claires Stores Inc), Credit Agreement (Caesars Acquisition Co)

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Federal Reserve Regulations. (a) Neither the Borrower nor any of its Subsidiaries Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 24 contracts

Samples: Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp), Credit Agreement (Rite Aid Corp)

Federal Reserve Regulations. (a) Neither the such Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock.

Appears in 17 contracts

Samples: Revolving Credit Agreement (Txu Us Holdings Co), Credit Facility Agreement (Texas Utilities Electric Co), Credit Facility Agreement (Texas Utilities Electric Co)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any Margin Stock. No part of the proceeds of the Loans will be used, whether immediately, incidentally or ultimately, for any purpose violative of or inconsistent with any of the provisions of Regulation T, U or X of the Board.

Appears in 15 contracts

Samples: Day Revolving Credit Agreement (PHH Corp), Credit Agreement (PHH Corp), Credit Agreement (PHH Corp)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its the Subsidiaries is are engaged principally, or as one of its their important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 11 contracts

Samples: Guaranty Agreement (Lecroy Corp), Credit Agreement (Lecroy Corp), Credit Agreement (Lifetime Brands, Inc)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 8 contracts

Samples: Credit Agreement (Lecroy Corp), Amendment Agreement (Terex Corp), Credit Agreement (Ascent Entertainment Group Inc)

Federal Reserve Regulations. (a) Neither the Borrower it nor any of its Subsidiaries subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock.

Appears in 7 contracts

Samples: Credit Agreement (Millennium Chemicals Inc), Credit Facility Agreement (Avaya Inc), Credit Facility Agreement (Avaya Inc)

Federal Reserve Regulations. (a) Neither the Borrower Borrowers nor any of its their respective Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 7 contracts

Samples: Credit Agreement (Dillards Inc), Credit Agreement (Circuit City Stores Inc), Possession Credit Agreement

Federal Reserve Regulations. (a) Neither the Borrower Company nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stockmargin stock (as defined in Regulation U).

Appears in 7 contracts

Samples: Term Loan Agreement (Readers Digest Association Inc), Year Revolving Credit Agreement (Readers Digest Association Inc), Term Loan Agreement (Readers Digest Association Inc)

Federal Reserve Regulations. (a) Neither None of the Borrower nor Borrowers or any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Gulfmark Offshore Inc), Credit Agreement (Gulfmark Offshore Inc), Credit Agreement (Magellan Health Services Inc)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock.

Appears in 3 contracts

Samples: Credit Agreement (Stone Container Corp), Credit Agreement (Stone Container Corp), Credit Agreement (Stone Container Corp)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 3 contracts

Samples: Credit Agreement (Oil States International Inc), Credit Agreement (Oil States International Inc), Credit Agreement (Oil States International Inc)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its the Subsidiaries is engaged principally, or as one of its important activities, principally in the business of extending credit for the purpose of purchasing or carrying Margin Stock.

Appears in 3 contracts

Samples: Competitive Advance and Revolving Credit Facility Agreement (Mbna Corp), Credit Agreement (National City Corp), Credit Facility Agreement (National City Corp)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its Subsidiaries Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock.margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States);

Appears in 2 contracts

Samples: Loan Agreement (Avteam Inc), Loan Agreement (First American Railways Inc)

Federal Reserve Regulations. (a) Neither the Borrower Borrowers nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 2 contracts

Samples: Credit Agreement (Activision Inc /Ny), Credit Agreement (Activision Inc /Ny)

Federal Reserve Regulations. (a) Neither the Borrower Holdings, nor any of its Subsidiaries is engaged principally, or as one of if its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock.

Appears in 2 contracts

Samples: Credit Agreement (Sothebys Holdings Inc), Credit Agreement (Sothebys Holdings Inc)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its Subsidiaries Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock.margin stock (within the meaning of Regulation G of the Federal Reserve Board ("FRB"));

Appears in 1 contract

Samples: Loan Agreement (Computer Products Inc)

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Federal Reserve Regulations. (a) Neither the Borrower nor any of its Subsidiaries the General Partner is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock.

Appears in 1 contract

Samples: Credit Agreement (Evans Withycombe Residential Inc)

Federal Reserve Regulations. (ai) Neither the Borrower Parent nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 1 contract

Samples: SCH Holdings Corp

Federal Reserve Regulations. (a) Neither the Borrower nor any of its the Subsidiaries is engaged principally, or as one of its important impor tant activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 1 contract

Samples: Credit Agreement (Endo Pharmaceuticals Holdings Inc)

Federal Reserve Regulations. (a) Neither the Borrower Holdings nor any of its Subsidiaries is engaged principally, or as one of if its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock.

Appears in 1 contract

Samples: Credit Agreement (Sothebys Holdings Inc)

Federal Reserve Regulations. (a) Neither the any Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock.

Appears in 1 contract

Samples: Loan and Security Agreement (Jacuzzi Brands Inc)

Federal Reserve Regulations. (ao) Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock. No part of the proceeds of any Loan will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, for any purpose which entails a violation of, or which is inconsistent with, the provisions of the Margin Regulations.

Appears in 1 contract

Samples: At&t Corp

Federal Reserve Regulations. (a) Neither None of Parent, FRD, the Borrower nor Borrowers or any of its the other Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 1 contract

Samples: Credit Agreement (Advantica Restaurant Group Inc)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing buying or carrying Margin Stock.

Appears in 1 contract

Samples: Term Loan Agreement (Wisconsin Public Service Corp)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing "purchasing" or carrying Margin Stock"carrying" "margin stock" within the respective meanings of each of the quoted terms under Regulation T or Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereafter in effect.

Appears in 1 contract

Samples: Credit Agreement (Belden & Blake Corp /Oh/)

Federal Reserve Regulations. (a) Neither the Borrower nor any of its the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing "purchasing" or carrying Margin Stock"carrying" "margin stock" within the respective meanings of each of the quoted terms under Regulation G or Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereafter in effect.

Appears in 1 contract

Samples: Credit Agreement (Canton Oil & Gas Co)

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