Common use of Compliance with Regulations T, U and X Clause in Contracts

Compliance with Regulations T, U and X. None of Holdco, Parent, EnergySolutions or any of their Subsidiaries is engaged principally in or has as one of its important activities the business of purchasing or carrying, or extending credit for the purpose of purchasing or carrying, any margin stock within the meaning of Regulations T, U, and X of the Board of Governors of the Federal Reserve System; nor will any proceeds of the Loans be used for such purpose.

Appears in 3 contracts

Samples: Second Lien Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)

AutoNDA by SimpleDocs

Compliance with Regulations T, U and X. None of Holdco, Parent, EnergySolutions or any of their respective Subsidiaries is engaged principally in or has as one of its important activities the business of purchasing or carrying, or extending credit for the purpose of purchasing or carrying, any margin stock within the meaning of Regulations T, U, U and X of the Board of Governors of the Federal Reserve System; nor will any proceeds of the Loans be used for such purpose.

Appears in 2 contracts

Samples: Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)

AutoNDA by SimpleDocs

Compliance with Regulations T, U and X. None of Holdco, Parent, EnergySolutions or any of their respective Subsidiaries is engaged principally in or has as one of its important activities the business of purchasing or carrying, or extending credit for the purpose of purchasing or carrying, any margin stock within the meaning of Regulations T, U, and X of the Board of Governors of the Federal Reserve System; nor will any proceeds of the Loans be used for such purpose.

Appears in 1 contract

Samples: Credit Agreement (EnergySolutions, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.