Common use of Regulation U; Investment Company Act Clause in Contracts

Regulation U; Investment Company Act. (a) None of the proceeds of any of the Credit Extensions shall be used to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock. If requested by the Administrative Agent or any Lender, the Company will furnish to the Administrative Agent or such Lender statements in conformity with the requirements of Regulation U. (b) None of the Company, any Person Controlling the Company, or any Subsidiary is or is required to be registered as an “investment company” under the Investment Company Act of 1940.

Appears in 5 contracts

Samples: Credit Agreement (AMC Networks Inc.), Credit Agreement (AMC Networks Inc.), Credit Agreement (AMC Networks Inc.)

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Regulation U; Investment Company Act. (a) None of the proceeds of any of the Credit Extensions shall be used to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock. If requested by the Administrative Agent or any Lender, the Company will furnish to the Administrative Agent or such Lender statements in conformity with the requirements of Regulation U. (ba) None of the Company, any Person Controlling the Company, or any Subsidiary is or is required to be registered as an “investment company” under the Investment Company Act of 1940.

Appears in 1 contract

Samples: Credit Agreement (AMC Networks Inc.)

Regulation U; Investment Company Act. (a) None of the proceeds of any of the Credit Extensions shall be used to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock. If requested by the Administrative Agent or any Lender, the Company Borrower will furnish to the Administrative Agent or such Lender statements in conformity with the requirements of Regulation U. (b) None of the CompanyBorrower, any Person Controlling the CompanyBorrower, or any Subsidiary is or is required to be registered as an “investment company” under the Investment Company Act of 1940.

Appears in 1 contract

Samples: Credit Agreement (Cablevision Systems Corp /Ny)

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Regulation U; Investment Company Act. (a) None of the proceeds of any of the Credit Extensions shall be used to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock. If requested by the Administrative Agent or any Lender, the Company Borrower will furnish to the Administrative Agent or such Lender statements in conformity with the requirements of Regulation U. (b) None of the CompanyBorrower, any Person Controlling the CompanyBorrower, or any Subsidiary is or is required to be registered as an “investment company” under the Investment Company Act of 1940.

Appears in 1 contract

Samples: Credit Agreement (AMC Networks Inc.)

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