Common use of Regulation U; Securities Exchange Act of 1934 Clause in Contracts

Regulation U; Securities Exchange Act of 1934. The Borrower is not engaged principally, or as one of its more important activities, in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulation U or G of the Board of Governors (the "Board") of the Federal Reserve System). None of the proceeds of the Revolving Credit Facility will be used, directly or indirectly, for the purpose of purchasing or carrying any margin stock or for any other purpose that might constitute this transaction a "purpose credit" within the meaning of such Regulation U. The Borrower will not take, nor permit any agent acting on its or his behalf to take, any action which might cause this Agreement or any of the Financing Agreements to violate any regulation of the Board or to violate the Securities Exchange Act of 1934 (the "Exchange Act") in each case as in effect on the date hereof or as amended hereafter.

Appears in 2 contracts

Samples: Credit Agreement (GS Energy CORP), Credit Agreement (GS Cleantech Corp)

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Regulation U; Securities Exchange Act of 1934. The Borrower is not engaged principally, or as one of its more important activities, in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulation U or G of the Board of Governors (the "Board") of the Federal Reserve System). None of the proceeds of the Revolving Credit Facility will be used, directly or indirectly, for the purpose of purchasing or carrying any margin stock or for any other purpose that might constitute this transaction a "purpose credit" within the meaning of such Regulation U. The Borrower will not take, nor permit any agent acting on its or his behalf to take, any action which might cause this Agreement or any of the Financing Agreements to violate any regulation of the Board or to violate the Securities Exchange Act of 1934 (the "Exchange Act") in each case as in effect on the date hereof or as amended hereafter.

Appears in 1 contract

Samples: Credit Agreement (Ecosystem Corp)

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Regulation U; Securities Exchange Act of 1934. The Borrower is not engaged principally, or as one of its more important activities, in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulation U or G of the Board of Governors (the "Board") of the Federal Reserve System). None of the proceeds of the Revolving Credit Facility Term Loan will be used, directly or indirectly, for the purpose of purchasing or carrying any margin stock or for any other purpose that might constitute this transaction a "purpose credit" within the meaning of such Regulation U. The Borrower will not take, nor permit any agent acting on its or his behalf to take, any action which might cause this Agreement or any of the Financing Agreements to violate any regulation of the Board or to violate the Securities Exchange Act of 1934 (the "Exchange Act") in each case as in effect on the date hereof or as amended hereafter.

Appears in 1 contract

Samples: Credit Agreement (Gs Agrifuels Corp)

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