REGULATION G, ETC. Neither the Company nor any of its Subsidiaries owns or has any present intention of acquiring any "margin stock" as defined in Regulation G (12 CFR Part 207) of the Board of Governors of the Federal Reserve System (herein called "margin stock"). All of the proceeds of the sale of the Notes will be used by the Company as set forth in Section 6.5. None of the proceeds from the sale of the Notes will be used, directly or indirectly, for the purpose of purchasing or carrying any margin stock or for the purpose of reducing or retiring any indebtedness which was originally incurred to purchase or carry margin stock or for any other purpose which might constitute this transaction a "purpose credit" within the meaning of Regulation G. Neither the Company, any of its Subsidiaries nor any agent acting on their behalf has taken or will take any action which might cause this Agreement or the Notes to violate Regulation G, Regulation T, Regulation X or any other regulation of the Board of Governors of the Federal Reserve System or to violate the 1934 Act, in each case as in effect now or as the same may hereafter be in effect.
REGULATION G, ETC. Neither Borrower nor any of its Subsidiaries nor any agent acting on their behalf has taken or will take any action which might cause this Agreement or the Notes to violate Regulation G, T, or X or any other regulation of the Board of Governors of the Federal Reserve System or to violate the Securities Exchange Act of 1934, and each case in effect now or as the same may hereafter be in effect.
REGULATION G, ETC. The proceeds of sale of the Vigoro Notes were used primarily to refinance certain existing Debt of Vigoro and for its working capital purposes. None of such proceeds were used, directly or indirectly, for the purpose whether immediate, incidental or ultimate, of purchasing or carrying any margin stock or for the purpose of maintaining, reducing or retiring any Debt which was originally incurred to purchase or carry any stock that is currently a margin stock or for any other purpose which might constitute this transaction a "purpose credit" within the meaning of Regulation G. Neither the Company nor any of its Subsidiaries is engaged principally, or as one of their important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock, and less than twenty-five percent (25%) of the assets of the Company and its Subsidiaries subject to any arrangement (as such term is used in Section 207.2(f) of Regulation G) hereunder consists of margin stock. Neither the Company nor any agent acting on its behalf has taken or will take any action which might cause this Agreement or any other Transaction Document to violate Regulation G, Regulation T or any other regulation of the Board of Governors of the Federal Reserve System or to violate the Securities Exchange Act of 1934, as amended, in each case as in effect now or as the same may hereafter be in effect.
REGULATION G, ETC. Neither Borrower nor any agent acting on its behalf has taken or will take any action which might cause this Agreement or the Notes to violate Regulation G, T, U or X or any other regulation of the Board of Governors of the Federal Reserve System or to violate the Securities Exchange Act of 1934, and each case in effect now or as the same may hereafter be in effect.
REGULATION G, ETC. None of the Revolving Loans will be used, directly or indirectly, by the Borrower for the purpose of reducing or retiring any Indebtedness which was originally incurred to purchase or carry any Margin Stock or for any other purpose which might constitute the transactions contem- plated hereby a "purpose credit" within the meaning of Regulation G or Regulation U of the Board of Governors of the Federal Reserve System, or cause this Loan Agreement to violate Regulation G, Regulation U, Regulation T, Regulation X or any other regulation of the Board of Governors of the Federal Reserve System or the Securities Exchange Act of 1934.
REGULATION G, ETC. The Company does not own any Margin Securities. Neither the Company nor the Subsidiaries nor any agent acting on behalf of the Company or the Subsidiaries has taken any action that might cause this Agreement or the Loan Documents to violate Regulation G, T, U or X or any other regulation of the Board of Governors of the Federal Reserve System or to violate the Securities Act of 1933 or the Securities Act of 1934, in each case as the same is now in effect or as the same may hereafter be in effect. ARTICLE FOUR
REGULATION G, ETC. The proceeds of the sale of any Private Shelf Notes will be used for the purposes stated in the relevant Request for Purchase. None of such proceeds will be used, directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of purchasing or carrying any "margin stock" as defined in Regulation G (12 CFR Part 207) of the Board of Governors of the Federal Reserve System (herein called "margin stock") or for the purpose of maintaining, reducing or retiring any indebtedness which was originally incurred to purchase or carry any stock that is then currently a margin stock or for any other purpose which might constitute the purchase of such Notes transaction a "purpose credit" within the meaning of such Regulation G, unless the Company shall have delivered to the Purchaser which is purchasing such Notes, on the Private Shelf Closing Day for such Notes an opinion of counsel satisfactory to such Purchaser stating that the purchase of such Notes does not constitute a violation of such Regulation G. Neither the Company nor any agent acting on its behalf has taken or will take any action which might cause this Agreement or the Notes to violate Regulation G of the Board of Governors of the Federal Reserve System or to violate the Securities Exchange Act of 1934, as amended, in each case as in effect now or as the same may hereafter be in effect.
REGULATION G, ETC. None of the proceeds from the sale of the Purchased Shares or Option Shares will be used, directly or indirectly, for the purpose of purchasing or carrying any "margin stock" as defined in Regulation G (12 CFR Part 207) of the Board of Governors of the Federal Reserve System (herein called "margin stock") or for the purpose of reducing or retiring any indebtedness which was originally incurred to purchase or carry margin stock or for any other purpose which might constitute this transaction or transactions relating to the Acquisition a "purpose credit" within the meaning of Regulation G. Neither Rio Grande, any of its Subsidiaries nor any agent acting on its behalf has taken or will take any action which might cause this Agreement to violate Regulation G, T, U or X or any other regulation of the Board of Governors of the Federal Reserve System or to violate the Exchange Act.
REGULATION G, ETC. As provided in Section 6, the proceeds of the sale of the Note will be used for the repayment of an existing line of credit and for general corporate purposes as permitted by law. None of the proceeds of the Note will be used, directly or indirectly, by the Company or any Subsidiary so as to cause the transactions contemplated hereby to violate Regulation G, Regulation T or Regulation X, or any other regulation of the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Federal Deposit Insurance Corporation or the Commissioner of Financial Regulation of the State of Maryland, or the Bank Holding Company Act of 1956, or the Securities Exchange Act of 1934, each as in effect now and as the same may be in effect at the time of the Closing.
REGULATION G, ETC. The proceeds of sale of the Existing Series A Notes and the Existing Series B Notes were used to primarily refinance certain existing indebtedness of the Company and Vigoro and for working capital purposes. None of such proceeds were used, directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of purchasing or carrying any margin stock or for the purpose of maintaining, reducing or retiring any indebtedness which was originally incurred to purchase or carry any stock that is currently a margin stock or for any other purpose which might constitute this transaction a "purpose credit" within the meaning of such Regulation G. Neither the Company nor any of its Subsidiaries is engaged principally or as one of their important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock, and less than twenty-five percent (25%) of the assets of the Company and its Subsidiaries subject to any arrangement (as such term is used in Section 237.2(f) of Regulation G) hereunder consists of margin stock. Neither the Company nor any agent acting on its behalf has taken or will take any action which might cause this Agreement or the Notes to violate Regulation G, Regulation T or any other regulation of the Board of Governors of the Federal Reserve System or to violate the Securities Exchange Act of 1934, as amended, in each case as in effect now or as the same may hereafter be in effect.
