Common use of Regulations U and X Clause in Contracts

Regulations U and X. None of the Loan proceeds shall be used directly or indirectly for the purpose of purchasing or carrying any margin stock in violation of the provisions of Regulation U and Regulation X of the Board of Governors of the Federal Reserve System.

Appears in 15 contracts

Samples: Loan Agreement (Command Center, Inc.), Loan Agreement (Command Center, Inc.), Loan Agreement (Patriot Transportation Holding, Inc.)

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Regulations U and X. None of the proceeds of any Loan proceeds shall will be used directly or indirectly for the purpose of purchasing or carrying directly or indirectly any margin stock in violation or for any other purpose would constitute this transaction a "purpose credit" within the meaning of the provisions of Regulation Regulations U and Regulation X of the Board of Governors of the Federal Reserve System, as any of them may be amended from time to time.

Appears in 5 contracts

Samples: Loan Agreement (Oceaneering International Inc), Credit Agreement (Oceaneering International Inc), Loan Agreement (Oceaneering International Inc)

Regulations U and X. None of the Loan Loan(s) proceeds shall be used directly or indirectly for the purpose of purchasing or carrying any margin stock in violation of the provisions of Regulation U and Regulation X of the Board of Governors of the Federal Reserve System.

Appears in 3 contracts

Samples: Loan Agreement (Synalloy Corp), Loan Agreement (Applied Optoelectronics, Inc.), Loan Agreement (Synalloy Corp)

Regulations U and X. None of the proceeds of any Loan proceeds shall will be used directly or indirectly for the purpose of purchasing or carrying directly or indirectly any margin stock in violation or for any other purpose which would constitute this transaction a "purpose credit" within the meaning of the provisions of Regulation Regulations U and Regulation X of the Board of Governors of the Federal Reserve System, as any of them may be amended from time to time.

Appears in 1 contract

Samples: Loan Agreement (HCC Insurance Holdings Inc/De/)

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Regulations U and X. None of the Loan loan proceeds shall be used directly or indirectly for the purpose of purchasing or carrying any margin stock in violation of the provisions of Regulation U and Regulation X of the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Loan Agreement (Broad Street Realty, Inc.)

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