Common use of Regulation U; Other Laws Clause in Contracts

Regulation U; Other Laws. The Borrowings to be made by the Borrower shall not result in either the Borrower or the Agent or any Lender being in non- compliance with or in violation of Regulation U of the Board of Governors of the Federal Reserve System and shall not be prohibited by any other legal requirement (including Regulations T and X of the Board of Governors of the Federal Reserve System) imposed by the banking laws of the United States of America, and shall not otherwise subject the Agent or any Lender to a penalty or other onerous conditions under or pursuant to any legal requirement; and

Appears in 2 contracts

Samples: Secured Credit Agreement (Palex Inc), Credit Agreement (Quanta Services Inc)

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Regulation U; Other Laws. The Borrowings to be made by the Borrower shall not result in either the Borrower or the Agent or any Lender being in non- non-compliance with or in violation of Regulation U of the Board of Governors of the Federal Reserve System and shall not be prohibited by any other legal requirement (including Regulations G, T and X of the Board of Governors of the Federal Reserve System) imposed by the banking laws of the United States of America, and shall not otherwise subject the Agent or any Lender to a penalty or other onerous conditions under or pursuant to any legal requirement; and

Appears in 1 contract

Samples: Credit Agreement (Palex Inc)

Regulation U; Other Laws. The Borrowings borrowings to be made by the Borrower shall not result in either the Borrower or Borrower, the Agent or any Lender being in non- non-compliance with or in violation of Regulation U of the Board of Governors of the Federal Reserve System and shall not be prohibited by any other legal requirement (including Regulations T and X of the Board of Governors of the Federal Reserve System) imposed by the banking laws of the United States of America, and shall not otherwise subject the Agent or any Lender to a penalty or other onerous conditions under or pursuant to any legal requirement; and

Appears in 1 contract

Samples: Secured Revolving and Term Loan Agreement (American Residential Services Inc)

Regulation U; Other Laws. The Borrowings to be made by the Borrower shall not result in either the Borrower or the Agent or any Lender being in non- compliance with or in violation of Regulation U of the Board of Governors of the Federal Reserve System and shall not be prohibited by any other legal requirement (including Regulations G, T and X of the Board of Governors of the Federal Reserve System) imposed by the banking laws of the United States of America, and shall not otherwise subject the Agent or any Lender to a penalty or other onerous conditions under or pursuant to any legal requirement; and

Appears in 1 contract

Samples: Secured Credit Agreement (Palex Inc)

Regulation U; Other Laws. The Borrowings to be made by the Borrower shall not result in either the Borrower or the Agent or any Lender Lenders being in non- non-compliance with or in violation of Regulation U of the Board of Governors of the Federal Reserve System and shall not be prohibited by any other legal requirement (including Regulations G, T and X of the Board of Governors of the Federal Reserve System) imposed by the banking laws of the United States of America, and shall not otherwise subject the Agent or any Lender Lenders to a penalty or other onerous conditions under or pursuant to any legal requirement; and

Appears in 1 contract

Samples: Credit Agreement (York Group Inc \De\)

Regulation U; Other Laws. The Borrowings to be made by the Borrower ------------------------ shall not result in either the Borrower or the Agent or any Lender being in non- compliance with or in violation of Regulation U of the Board of Governors of the Federal Reserve System and shall not be prohibited by any other legal requirement (including Regulations G, T and X of the Board of Governors of the Federal Reserve System) imposed by the banking laws of the United States of America, and shall not otherwise subject the Agent or any Lender to a penalty or other onerous conditions under or pursuant to any legal requirement; and

Appears in 1 contract

Samples: Secured Credit Agreement (Palex Inc)

Regulation U; Other Laws. The Borrowings to be made by the ------------------------ Borrower shall not result in either the Borrower or the Agent or any Lender being in non- non-compliance with or in violation of Regulation U of the Board of Governors of the Federal Reserve System and shall not be prohibited by any other legal requirement (including Regulations T and X of the Board of Governors of the Federal Reserve System) imposed by the banking laws of the United States of America, and shall not otherwise subject the Agent or any Lender to a penalty or other onerous conditions under or pursuant to any legal requirement; and

Appears in 1 contract

Samples: Secured Credit Agreement (Quanta Services Inc)

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Regulation U; Other Laws. The Borrowings borrowings to be made by the Borrower shall not result in either Borrower, the Borrower or the Administrative Agent or any Lender Bank being in non- non-compliance with or in violation of Regulation U of the Board of Governors of the Federal Reserve System and shall not be prohibited by any other legal requirement (including Regulations T and X of the Board of Governors of the Federal Reserve System) imposed by the banking laws of the United States of America, and shall not otherwise subject the Administrative Agent or any Lender Bank to a penalty or other onerous conditions under or pursuant to any legal requirement; and

Appears in 1 contract

Samples: Credit Agreement (Eagle Usa Airfreight Inc)

Regulation U; Other Laws. The Borrowings to be made by the Borrower ------------------------ shall not result in either the Borrower or the Agent or any Lender being in non- non-compliance with or in violation of Regulation U of the Board of Governors of the Federal Reserve System and shall not be prohibited by any other legal requirement (including Regulations G, T and X of the Board of Governors of the Federal Reserve SystemX) imposed by the banking laws of the United States of America, and shall not otherwise subject the Agent or any Lender Lenders to a penalty or other onerous conditions under or pursuant to any legal requirement; and

Appears in 1 contract

Samples: Credit Agreement (Tuboscope Inc /De/)

Regulation U; Other Laws. The Borrowings to be made by the Borrower shall not result in either the Borrower or the Agent or any Lender being in non- non-compliance with or in violation of Regulation U of the Board of Governors of the Federal Reserve System and shall not be prohibited by any other legal requirement (including Regulations T and X of the Board of Governors of the Federal Reserve System) imposed by the banking laws of the United States of America, and shall not otherwise subject the Agent or any Lender to a penalty or other onerous conditions under or pursuant to any legal requirement; and

Appears in 1 contract

Samples: Secured Credit Agreement (Quanta Services Inc)

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