Regulation O definition

Regulation O. No director, executive officer or principal shareholder of Borrower is a director, executive officer or principal shareholder of any Lender. For the purposes hereof the terms "director" (when used with reference to a Lender), "executive officer" and "principal shareholder" have the respective meanings assigned thereto in Regulation O issued by the Board of Governors of the Federal Reserve System.

Regulation O means Regulation O of the Federal Reserve Board.

Regulation O means Regulation O of the Federal Reserve (12 C.F.R. Part 215).

Examples of Regulation O in a sentence

• For the purposes hereof the terms "director", "executive officer" and "principal shareholder" (when used with reference to any Lender) have the respective meanings assigned thereto in Regulation O issued by the Board of Governors of the Federal Reserve System.

• Neither the Company nor any Company Subsidiary has made any extension of credit to any director or Executive Officer of the Company or any Company Subsidiary, any holder of 5% or more of the Company’s issued and outstanding capital stock, or any of their respective spouses or children or to any Affiliate of any of the foregoing (each, a “Related Party”), other than in compliance with 12 C.F.R Part 215 (Regulation O).

• For purposes of the preceding sentence, the term “affiliate” shall have the meaning assigned in Regulation W issued by the Federal Reserve, as amended, and the terms “insider,” “related interest,” and “executive officer” shall have the meanings assigned in the Federal Reserve’s Regulation O, as amended.

• For the purposes hereof the terms "director", "executive officer" and "principal shareholder" (when used with reference to any Lender) have the respective meanings assigned thereto in Regulation O.

• The term ‘‘exec- utive officer’’ has the same meaning as in § 215.2(e)(1) of the Board’s Regulation O (12 CFR 215.2(e)(1)).

More Definitions of Regulation O

Regulation O means 12 C.F.R. Part 215, commonly known as Regulation O of the Board of Governors of the Federal Reserve System as from time to time in effect and any successor to all or a portion thereof.

Regulation O has the meaning set forth in Section 3.1(t).

Regulation O means Part 215 of Title 12 of the Code of Federal Regulations.

Regulation O means Sections 22(g) and 22(h) of the Federal Reserve Act and Regulation O of the Federal Reserve (12 C.F.R. Part 215).

Regulation O means the regulation set forth at 12 C.F.R. Part 215.

Regulation O means Regulation O of the Board of Governors of the Federal Reserve System as from time to time in effect and any successor to all or a portion thereof.

Regulation O shall have the meaning set forth in Section 3.23(b). “Regulation S-K” shall have the meaning set forth in Section 3.24(a).