Common use of Regulation U Clause in Contracts

Regulation U. The Borrower is not engaged principally in, nor is one of the Borrower's important activities, the business of extending credit for the purpose of purchasing or carrying "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effect.

Appears in 18 contracts

Samples: Loan Agreement (Humphrey Hospitality Trust Inc), Loan Agreement (Humphrey Hospitality Trust Inc), Loan Agreement (Ilex Oncology Inc)

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Regulation U. The Borrower is not engaged principally in, nor is one of the Borrower's ’s important activities, the business of extending credit for the purpose of purchasing or carrying "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effect.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Centennial Bank Holdings, Inc.), Revolving Credit Agreement (First Community Bancorp /Ca/), Revolving Credit Agreement (First Community Bancorp /Ca/)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's its important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effectSystem).

Appears in 4 contracts

Samples: Loan and Security Agreement (National Healthcare Corp), Revolving Credit Agreement (National Healthcare Corp), Loan Agreement (Applied Analytical Industries Inc)

Regulation U. The Borrower is not engaged principally in, nor is one of the Borrower's important activities, the business of extending credit for the purpose of purchasing or carrying "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effect.

Appears in 4 contracts

Samples: Credit Agreement (Heartland Financial Usa Inc), Revolving Credit Agreement (Second Bancorp Inc), Pledge Agreement (First Community Bancorp /Ca/)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's its important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" within the meaning of ” as defined in Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effectFRB.

Appears in 4 contracts

Samples: Credit Agreement (Aar Corp), Credit Agreement (Aar Corp), Credit Agreement (Aar Corp)

Regulation U. The Borrower is not engaged principally in, nor is one of the Borrower's ’s important activities, the business of extending credit for the purpose of purchasing or carrying "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effect.

Appears in 3 contracts

Samples: Credit Agreement (Boston Private Financial Holdings Inc), Credit Agreement (Integra Bank Corp), Credit Agreement (Heartland Financial Usa Inc)

Regulation U. The Borrower is not engaged principally in, nor is or as one of the Borrower's its important activities, activities in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effectSystem.

Appears in 2 contracts

Samples: Loan Agreement (Robcor Properties Inc), Loan Agreement (Robcor Properties Inc)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System System), and will not use the proceeds of the Loan so as now and to violate Regulation U as it may be amended or interpreted from time to time hereinafter in effectby the Board of Governors of the Federal Reserve System.

Appears in 2 contracts

Samples: Construction Loan Agreement (Pangaea Logistics Solutions Ltd.), Construction Loan Agreement (Quartet Holdco Ltd.)

Regulation U. The Borrower is not engaged principally in, nor is one of the Borrower's ’s important activities, the business of extending credit for the purpose of purchasing or carrying "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effect.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Continental Materials Corp), And Term Loan Agreement (Continental Materials Corp)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's ’s important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock (within the meaning of Regulation U Li of the Board of Governors of the Federal Reserve System System), and will not use the proceeds of the Loan so as now and to violate Regulation U as it may be amended or interpreted from time to time hereinafter in effectby the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Construction Loan Agreement (Summer Infant, Inc.)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one ------------ of the Borrower's its important activities, in the business of extending credit for the purpose purposes of purchasing or carrying any "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now System; and from time to time hereinafter in effectneither Borrower nor any of its Subsidiaries is an "investment company" within the meaning of the Investment Company Act of 1940.

Appears in 1 contract

Samples: Intercreditor Agreement (Hughes Electronics Corp)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System System), and will not use the proceeds of the Advances so as now and to violate Regulation U as it may be amended or interpreted from time to time hereinafter in effectby the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Security Agreement (Hanover Capital Holdings Inc)

Regulation U. The Borrower is not principally engaged principally in, nor is does it have as one of the Borrower's its important activities, the business of extending credit for the purpose of purchasing or carrying "any “margin stock" within the meaning of ” (as defined in Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effectSystem).

Appears in 1 contract

Samples: Credit Agreement (Luminent Mortgage Capital Inc)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's important activities, its principal activities in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock (within the meaning of Regulation Regulations G, T, U of the Board of Governors or X of the Federal Reserve System as now and from time to time hereinafter in effect.Board). No part of the proceeds of the Loans will be used by

Appears in 1 contract

Samples: Credit Agreement (McGrath Rentcorp)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's its ------------ important activities, in the business of extending credit for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation Regulations T or U of the Board of Governors of the Federal Reserve System System, as now and from time to time hereinafter in effectamended.

Appears in 1 contract

Samples: Credit Agreement (Vail Resorts Inc)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's ’s important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System System), and will not use the proceeds of the Loans so as now and to violate Regulation U as it may be amended or interpreted from time to time hereinafter in effectby the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Revolving Credit Agreement (Summer Infant, Inc.)

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Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's its important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effectSystem).

Appears in 1 contract

Samples: Loan Agreement (Alico Inc)

Regulation U. The Borrower is not engaged principally in, nor is one of the Borrowerborrower's important activities, the business of extending credit for the purpose of purchasing or carrying "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effect.

Appears in 1 contract

Samples: Credit Agreement (Heartland Financial Usa Inc)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's its important activities, in the business of extending credit for the purpose purpose, whether immediate, incidental or ultimate of purchasing buying or carrying "margin stock" stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effect.or Regulation X.

Appears in 1 contract

Samples: Credit Agreement (Salesforce Com Inc)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's its ------------ important activities, in the business of extending credit for the purpose purposes of purchasing or carrying any "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now System; and from time to time hereinafter in effectneither Borrower nor any of its Subsidiaries is an "investment company" within the meaning of the Investment Company Act of 1940.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hughes Electronics Corp)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's its important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock within the meaning of Regulation U of the Board of Governors of the Federal Reserve System System. Not more than twenty-five percent (25%) of the assets of Borrower or of any Subsidiary of Borrower consists of margin stock, within the contemplation of Regulation U, as now and from time to time hereinafter in effectamended.

Appears in 1 contract

Samples: Credit Agreement (Regan Holding Corp)

Regulation U. The Borrower is not engaged principally in, nor is one of the Borrower's ’s important activities, the business of extending credit for the purpose of purchasing or carrying "margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effect.

Appears in 1 contract

Samples: Credit Agreement (Heartland Financial Usa Inc)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's ’s important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System System); and will not use the proceeds of the Loan so as now and to violate Regulation U as it may be amended or interpreted from time to time hereinafter in effectby the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's ’s important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" stock (within the meaning of Regulation U or Regulation G of the Board of Governors of the Federal Reserve System System), and will not use the proceeds of the Loan so as now and to violate Regulation U or Regulation G as it may be amended or interpreted from time to time hereinafter in effectby the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Loan Agreement (HappyNest REIT, Inc.)

Regulation U. The Borrower is not engaged principally inprincipally, nor is or as one of the Borrower's its important activities, in the business of extending credit for the purpose purposes of purchasing or carrying "any “margin stock" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System as now System; and from time to time hereinafter in effectneither Borrower nor any of its Subsidiaries is an “investment company” within the meaning of the Investment Company Act of 1940.

Appears in 1 contract

Samples: Credit Agreement (Hughes Electronics Corp)

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