Common use of Regulation U Clause in Contracts

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U).

Appears in 15 contracts

Sources: Loan Agreement (CBIZ, Inc.), Credit Agreement (National Interstate CORP), Credit Agreement (State Auto Financial CORP)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, principally or as one of its important activities, primary activities in the business of extending credit for the purpose of purchasing or carrying any “margin stock stock” (within as defined in Regulation U of the meaning of Regulation UFRB).

Appears in 8 contracts

Sources: Term Loan Agreement (Pepco Holdings Inc), Term Loan Agreement (Pepco Holdings Inc), Term Loan Agreement (Atlantic City Electric Co)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally(or will engage), principally or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation UU issued by the Board of Governors of the Federal Reserve System), or extending credit for the purpose of purchasing or carrying margin stock.

Appears in 7 contracts

Sources: Term Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing "purchasing" or carrying "carrying" any "margin stock" within the meanings of Regulation U of the Board of Governors of the Federal Reserve System, and no Loan hereunder will be used to purchase or carry any such margin stock (within the meaning in violation of Regulation U).U.

Appears in 6 contracts

Sources: Revolving Loan Agreement (Kb Home), Loan Agreement (Kaufman & Broad Home Corp), Revolving Loan Agreement (Kaufman & Broad Home Corp)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (any Margin Stock within the meaning meanings of Regulation U).U of the Board of Governors of the Federal Reserve System. No part of any Borrowing will be used to buy or carry any Margin Stock, or to extend credit to others for that purpose, or for any purpose, if to do so would violate the provisions of Regulation U.

Appears in 6 contracts

Sources: Credit Agreement (Avery Dennison Corp), Credit Agreement (Avery Dennison Corp), Credit Agreement (Avery Dennison Corp)

Regulation U. Neither the Borrower nor any of its Subsidiaries Guarantor is engaged principally, or as one of its important activities, in the business of extending credit for the purpose purpose, whether immediate, incidental or ultimate, of purchasing buying or carrying margin stock (stock” within the meaning of Regulation U)U of the Board of Governors of the Federal Reserve System.

Appears in 6 contracts

Sources: Credit Agreement (New Home Co Inc.), Modification Agreement (New Home Co Inc.), Modification Agreement (New Home Co Inc.)

Regulation U. Neither the Borrower Borrower, nor any of its Subsidiaries Guarantor nor any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock Margin Stock (within the meaning of as defined in Regulation U).

Appears in 5 contracts

Sources: Credit Agreement (MDC Holdings Inc), Credit Agreement (MDC Holdings Inc), Credit Agreement (MDC Holdings Inc)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U)Margin Stock.

Appears in 4 contracts

Sources: Credit Agreement, Credit Agreement (American Equity Investment Life Holding Co), Credit Agreement (American Equity Investment Life Holding Co)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, principally or as one of its important activities, primary activities in the business of extending credit for the purpose of purchasing or carrying any "margin stock stock" (within as defined in Regulation U of the meaning of Regulation UFRB).

Appears in 3 contracts

Sources: Credit Agreement (Pepco Holdings Inc), Credit Agreement (Pepco Holdings Inc), Short Term Loan Agreement (Pepco Holdings Inc)

Regulation U. Neither the such Borrower nor any of its Subsidiaries is engaged principally, principally or as one of its important activities, primary activities in the business of extending credit for the purpose of purchasing or carrying any “margin stock stock” (within as defined in Regulation U of the meaning of Regulation UFRB).

Appears in 2 contracts

Sources: Fourth Amendment to Second Amended and Restated Credit Agreement (Baltimore Gas & Electric Co), Credit Agreement (Pepco Holdings Inc)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, principally or as one of its important activities, primary activities in the business of extending credit for the purpose of purchasing or carrying any “margin stock stock” (within as defined in Regulation U of the meaning of Regulation UFRB).

Appears in 2 contracts

Sources: Credit Agreement (Pepco Holdings Inc), Credit Agreement (Pepco Holdings Inc)

Regulation U. Neither the Borrower Company nor any of its Restricted Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose purpose, whether immediate, incidental or ultimate of purchasing buying or carrying margin stock (within the meaning of as defined in Regulation U).

Appears in 2 contracts

Sources: Senior Secured Note Purchase Agreement (Encore Capital Group Inc), Senior Secured Note Purchase Agreement (Encore Capital Group Inc)

Regulation U. Neither the Borrower Company nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U).

Appears in 2 contracts

Sources: Credit Agreement (Ryerson Inc.), Credit Agreement (Ryerson Tull Inc /De/)

Regulation U. Neither the Borrower nor any of its Subsidiaries is or will be engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation UU issued by the Board and from time to time in effect), and no proceeds of any Loan will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock.

Appears in 2 contracts

Sources: Loan Agreement (Teva Pharmaceutical Industries LTD), Loan Agreement (Teva Pharmaceutical Industries LTD)

Regulation U. Neither the Borrower nor any of its the ▇▇▇ Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U).

Appears in 2 contracts

Sources: Credit Agreement (State Auto Financial CORP), Credit Agreement (State Auto Financial CORP)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principallyprincipally in, or as nor is one of the Borrower's or its Subsidiaries’ important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (stock” within the meaning of Regulation U)U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effect.

Appears in 2 contracts

Sources: Credit Agreement (First Mid Illinois Bancshares Inc), Credit Agreement (First Mid Illinois Bancshares Inc)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U).) in violation of Regulation U.

Appears in 1 contract

Sources: Credit Agreement (Radian Group Inc)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock Margin Stock (within the meaning of as such term is used in Regulation U).U.

Appears in 1 contract

Sources: Credit Agreement (Channell Commercial Corp)

Regulation U. Neither the Borrower nor any of its Subsidiaries Guarantors is engaged principally, or as one of its important activities, in the business of extending credit for the purpose purposing of purchasing or carrying margin stock (within the meaning of Regulation U)stock.

Appears in 1 contract

Sources: Term Loan Agreement (SharpLink Gaming Ltd.)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U).or

Appears in 1 contract

Sources: Revolving Credit Agreement (Horton D R Inc /De/)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock Margin Stock (within the meaning of as defined in Regulation U).

Appears in 1 contract

Sources: Credit Agreement (Bio Rad Laboratories Inc)

Regulation U. Neither the Borrower nor any of its Subsidiaries Guarantor is engaged principally, or as one of its important activities, in the business of extending credit for the purpose purposing of purchasing or carrying margin stock (within the meaning of Regulation U)stock.

Appears in 1 contract

Sources: Revolving Credit Agreement (SharpLink Gaming Ltd.)

Regulation U. Neither the Borrower nor any of its Subsidiaries Guarantor is principally engaged principallyin, or nor does it have as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock stock” (within as defined in Regulation U of the meaning Board of Regulation UGovernors of the Federal Reserve System).

Appears in 1 contract

Sources: Credit Agreement (Luminent Mortgage Capital Inc)

Regulation U. Neither the such Borrower nor any of its Subsidiaries is engaged principally, principally or as one of its important activities, primary activities in the business of extending credit for the purpose of purchasing or carrying any "margin stock stock" (within as defined in Regulation U of the meaning of Regulation UFRB).

Appears in 1 contract

Sources: Credit Agreement (Atlantic City Electric Co)

Regulation U. Neither the Borrower nor any of its Subsidiaries is or will be engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation URegulations T, U or X).

Appears in 1 contract

Sources: Restructuring Agreement (Outsource International Inc)

Regulation U. Neither the Borrower nor any of its Restricted Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U).

Appears in 1 contract

Sources: Term Loan and Revolving Credit Agreement (Federal-Mogul Holdings Corp)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally(or will engage), principally or as one of its important activities, in the business of purchasing or carrying margin stock LA\4060806.14 (within the meaning of Regulation U issued by the Board of Governors of the Federal Reserve System), or extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U)stock.

Appears in 1 contract

Sources: Revolving Loan Agreement (Kb Home)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U), or extending credit for the purpose of purchasing or carrying any such margin stock. No proceeds of any Loan will be used directly or indirectly to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.

Appears in 1 contract

Sources: Credit Agreement (State Auto Financial CORP)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U)U of the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Sources: Loan and Letter of Credit Reimbursement Agreement (Unitog Co)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock (stock” within the meaning of Regulation U).U. No part of the proceeds of any Loan or

Appears in 1 contract

Sources: Revolving Credit Agreement (Horton D R Inc /De/)

Regulation U. Neither the Borrower nor any of its Subsidiaries (other than ▇▇▇▇▇▇ ▇▇▇▇) is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U).

Appears in 1 contract

Sources: Credit Agreement (United Community Financial Corp)