Regulation T. Regulation T of the Board of Governors of the Federal Reserve System as from to time in effect and any successor to all or any portion thereof. Regulation U. Regulation U of the Board of Governors of the Federal Reserve System as from time to time in effect and any successor to all or a portion thereof.
Regulation T. Regulation T of the Board of Governors as from time to time in effect and rulings and interpretations thereunder or thereof, and any successor provision thereto.
Regulation T. None of the Purchase Price for any Purchased Securities will be used either directly or indirectly to acquire any security, as that term is defined in Regulation T of the Regulations of the Board of Governors of the Federal Reserve System, and the Seller has not taken any action that might cause any Transaction to violate any regulation of the Federal Reserve Board.
Regulation T. The Company is a broker-dealer subject to the provisions of Regulation T (12 C.F.R. ss. 220) of the Board of Governors of the Federal Reserve System. The Company maintains procedures and internal controls designed to ensure that neither the Company nor any Subsidiary extends or maintains credit to or for its customers other than in accordance with the provisions of Regulation T, and management officials of the Company regularly supervise the activities of the Company and the Subsidiaries, and the activities of employees of each thereof, to ensure that neither the Company nor any Subsidiary extends or maintains credit to or for its customers other than in accordance with the provisions of said Regulation T.
Regulation T. With respect to Introduced Accounts which are margin accounts, the Clearing Agent is responsible for compliance with Regulation T, 12 C.F.R. Part 220 [the federal margin regulation promulgated by the Board of Governors of the Federal Reserve System (the "Board")], and interpretive rulings issued by the Board, letter rulings of the Federal Reserve Bank of New York, Rules, interpretations of the New York Stock Exchange, Inc. and any other applicable margin and margin maintenance requirements. The Introducing Firm is responsible to the Clearing Agent for the collection of the margin required to support each transaction for, and to maintain a position in, each Introduced Account, in conformity with the above margin and margin maintenance requirements. After initial margin relating to each transaction has been received, maintenance margin calls shall be generated by the Clearing Agent or by the Introducing Firm at the instruction of the Clearing Agent. The Clearing Agent shall have the right to modify, in its sole discretion, the margin requirements of any Introduced Account from time to time. All margin Introduced Accounts shall be subject to the Clearing Agent's "house margin requirements" which shall be delivered to the Introducing Firm on the Introducing Firm's request. The Clearing Agent will not xxxx up any fees or charges imposed directly by any regulatory body with regard to Regulation T call extensions granted by the Clearing Agent pursuant to written requests from a principal of the Introducing Firm.
Regulation T. No part of the proceeds of the Note will be utilized to purchase or carry any "margin stock" (as defined by the Federal Reserve Board Regulation U) or to extend credit to others for the purpose of purchasing or carrying any margin stock.
Regulation T. The Company will not use the proceeds from the sale of the Purchased Shares for the purpose of purchasing or carrying "securities" as such term is defined in Regulation T of the Board of Governors of the Federal Reserve System.
Regulation T. No part of the proceeds of the Loan made pursuant to this Agreement will be or have been used to purchase or carry or to reduce or retire any loan incurred to purchase or carry, any margin stocks (within the meaning of any regulation of the Board of Governors of the U.S. Federal Reserve System) or to extend credit to others for the purpose of purchasing or carrying any such margin stocks. If requested by the Lender, the Borrower will furnish to the Lender, in connection with the loans hereunder, a statement in conformance with the requirements of U.S. Federal Reserve Form U-1 referred to in said regulations. In addition, no part of the proceeds of the loans hereunder will be used for the purchase of commodity future contracts (or margins therefor for short sales).
Regulation T. Each Broker-Dealer Subsidiary is a broker-dealer subject to the provisions of Regulation T (12 C.F.R. 220) of the Board of Governors of the Federal Reserve System. Each Broker-Dealer Subsidiary maintains procedures and internal controls designed to ensure that such Broker- Dealer Subsidiary does not extend or maintain credit to or for its customers other than in accordance with the provisions of said Regulation T, and each Broker-Dealer Subsidiary regularly supervises the activities of such Person, and the activities of employees of thereof, to ensure that such Broker-Dealer Subsidiary does not extend or maintain credit to or for its customers other than in accordance with the provisions of said Regulation T.
Regulation T. Neither the making of any Term Loan hereunder, nor the use of the proceeds thereof, will violate the provisions of Regulation T, U or X.
