Common use of GOVERNMENTAL REGULATION; SECURITIES ACTIVITIES Clause in Contracts

GOVERNMENTAL REGULATION; SECURITIES ACTIVITIES. Neither the making of the Loans pursuant to the Amended Agreement nor the granting of a security interest in any Collateral pursuant to the Collateral Documents violates Regulations T, U or X of the Board of Governors of the Federal Reserve System. It is not necessary in connection with the execution and delivery of the Amended Agreement to register the Loans under the Securities Act of 1933, as amended, or to qualify any indenture under the Trust Indenture Act of 1939, as amended.

Appears in 2 contracts

Samples: Credit Agreement (Resortquest International Inc), Credit Agreement (Resortquest International Inc)

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GOVERNMENTAL REGULATION; SECURITIES ACTIVITIES. Neither the making of the Loans pursuant to the Amended Agreement nor the granting of a security interest Security Interest in any Collateral (as defined in the Security Agreement) pursuant to the Collateral Security Documents violates Regulations T, U or X of the Board of Governors of the Federal Reserve System. It is not necessary in connection with the execution and delivery of this Third Amendment or the Amended Agreement to register the Loans under the Securities Act of 1933, as amended, or to qualify any indenture under the Trust Indenture Act of 1939, as amended.

Appears in 1 contract

Samples: Credit Agreement (Prime Hospitality Corp)

GOVERNMENTAL REGULATION; SECURITIES ACTIVITIES. Neither the making of the Loans pursuant to the Amended Agreement nor the granting of a security interest Security Interest in any Collateral (as defined in the Security Agreement) pursuant to the Collateral Security Documents violates Regulations T, U or X of the Board of Governors of the Federal Reserve System. It is not necessary in connection with the execution and delivery of the Amended Agreement to register the Loans under the Securities Act of 1933, as amended, or to qualify any indenture under the Trust Indenture Act of 1939, as amended.

Appears in 1 contract

Samples: Credit Agreement (Prime Hospitality Corp)

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GOVERNMENTAL REGULATION; SECURITIES ACTIVITIES. Neither the making of the Loans pursuant to the Amended Agreement nor the granting of a security interest Security Interest in any Collateral (as defined in the Security Agreement) pursuant to the Collateral Security Documents violates Regulations T, U or X of the Board of Governors of the Federal Reserve System. It is not necessary in connection with the execution and delivery of this Fourth Amendment or the Amended Agreement to register the Loans under the Securities Act of 1933, as amended, or to qualify any indenture under the Trust Indenture Act of 1939, as amended.

Appears in 1 contract

Samples: Credit Agreement (Prime Hospitality Corp)

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