Regulation X definition

Regulation X means Regulation X of the Board as from time to time in effect and all official rulings and interpretations thereunder or thereof.

Regulation X means Regulation X of the Board as from time to time in effect and any successor to all or a portion thereof establishing margin requirements.

Examples of Regulation X in a sentence

Neither the making of any Loan hereunder nor the use of the proceeds thereof will violate the provisions of Regulation T, Regulation U or Regulation X of the Board.
No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that would violate any rule or regulation of the Board of Governors of the Federal Reserve System, including Regulation T, Regulation U or Regulation X.
The Borrower shall not, and shall not permit any other Loan Party or any other Subsidiary to, use any part of such proceeds to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any margin stock (within the meaning of Regulation U or Regulation X of the Board of Governors of the Federal Reserve System) or to extend credit to others for the purpose of purchasing or carrying any such margin stock.
Without limiting the foregoing, it shall use the proceeds of each Advance in a manner that does not, directly or indirectly, violate any provision of its Constituent Documents or any Applicable Law, including Regulation T, Regulation U and Regulation X.
No part of the proceeds of any Loan will be used by any Credit Party or any of their Subsidiaries for any purpose which violates the provisions of Regulation T, Regulation U or Regulation X.

Regulation X. Regulation X of the Board as in effect from time to time.

Regulation X means Regulation X of the Board of Governors, as in effect from time to time and all official rulings and interpretations thereunder or thereof.

Regulation X means Regulation X of the FRB as from time to time in effect and all official rulings and interpretations thereunder or thereof.

Regulation X means Regulation X promulgated by the Board of Governors of the Federal Reserve System, 12 C.F.R. Part 224, or any other regulation hereafter promulgated by said Board to replace the prior Regulation X and having substantially the same function.