Common use of US Margin Regulations Clause in Contracts

US Margin Regulations. No proceeds of the Utilisation will be used to purchase or carry any carrying Margin Stock or to extend credit to others for the purpose of purchasing or carrying any such Margin Stock in contravention of Regulation T, U or X of the Federal Reserve Board.

Appears in 2 contracts

Samples: Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Facility Agreement (Giant Interactive Group Inc.)

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US Margin Regulations. No part of the proceeds of the any Utilisation will be used to purchase used, whether directly or carry indirectly, and whether immediately, incidentally or ultimately, for “buying” or “carrying” any carrying Margin Stock or to extend credit to others for the purpose of purchasing “buying” or carrying “carrying” any such Margin Stock (in contravention each case within the meaning of Regulation T, U or X X) or for any purpose which violates the provisions of the regulations of the Federal Reserve Board.

Appears in 2 contracts

Samples: Super Senior Revolving Facility Agreement (Orion Engineered Carbons S.a r.l.), Term and Revolving Facilities Agreement (ShangPharma Corp)

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