Common use of Regulation U Representation by Lenders Clause in Contracts

Regulation U Representation by Lenders. Each Lender represents to the Borrower, the Administrative Agent and the other Lenders that such Lender in good faith is not relying upon any “margin stock” (as defined in Regulation U of the Board) as collateral for the extension or maintenance of the credit provided for in this Agreement or, that if such Lender is so relying, that the amount of credit extended to the Borrower does not exceed the maximum loan value of the collateral which indirectly secures such credit, as determined by such Lender in accordance with the requirements of Regulation U.

Regulation U Representation by Lenders. Each Lender represents to the Borrower, the Administrative Agent and the other Lenders that such Lender in good faith is not relying upon any “margin stock” (as defined in Regulation U of the Board) as collateral for the extension or maintenance of the credit provided for in this Agreement or, that if such Lender is so relying, that the amount of credit extended to the Borrower does not exceed the maximum loan value of the collateral which indirectly secures such credit, as determined by such Lender in accordance with the requirements of Regulation U.U. US_ACTIVE:\44499436\10\64058.0192

Regulation U Representation by Lenders. Each Lender represents to the Borrower, the Administrative Agent and the other Lenders that such Lender in good faith is not relying upon any “margin stock” (as defined in Regulation U of the Board) as collateral for the extension or maintenance of the credit provided for in this Agreement or, that if such Lender is so relying, that the amount of credit extended to the Borrower does not exceed the maximum loan value of the collateral which indirectly secures such credit, as determined by such Lender in accordance with the requirements of Regulation U.U. US_ACTIVE:\44514500\7\64058.0192