Common use of U and X Clause in Contracts

U and X. Neither the making of any Loan hereunder nor the use of the proceeds thereof will violate the provisions of F.R.S. Board Regulation U or Regulation X.

Appears in 2 contracts

Samples: Revolving Credit Agreement (ITC Holdings Corp.), Bridge Loan Agreement (ITC Holdings Corp.)

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U and X. Neither the making of any Revolving Credit Loan hereunder nor the use of the proceeds thereof will violate the provisions of F.R.S. Board Regulation U or Regulation X.

Appears in 2 contracts

Samples: Revolving Credit Agreement (ITC Holdings Corp.), Revolving Credit Agreement (ITC Holdings Corp.)

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