Common use of Federal Regulation Clause in Contracts

Federal Regulation. No part of the proceeds of any of the Term Loan will be used for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of the Board. Neither the Borrower nor any of its Subsidiaries is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" within the respective meanings of each of the quoted terms under said Regulation U.

Federal Regulation. No part of the proceeds of any of the Term Loan Loans will be used for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of the Board. Neither the Borrower Company nor any of its Subsidiaries is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" within the respective meanings of each of the quoted terms under said Regulation U.

Federal Regulation. No part of the proceeds of any of the Term Loan will be used for any purpose which violates, or which would be inconsistent with, violates the provisions of Regulation G, T, U or X of the Board. Neither the The Borrower nor any of its Subsidiaries is not engaged or and will not engage, principally or as one of its important activities, in the business of extending credit for the purpose of "“purchasing" ” or "“carrying" ” any "“margin stock" ” within the respective meanings of each of the quoted terms under said Regulation U.

Federal Regulation. No part of the proceeds of any of the Term Loan will are being or are to be used for any purpose which violates, or which would be inconsistent with, violates the provisions of Regulation G, T, U or X of the BoardBoard of Governors of the Federal Reserve System. Neither the Borrower Company nor any of its Subsidiaries is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" within the respective meanings of each of the quoted terms under said Regulation U.

Federal Regulation. No part of the proceeds of any of the Term Loan will are being or are to be used for any purpose which violates, or which would be inconsistent with, violates the provisions of Regulation G, T, U or X of the BoardBoard of Governors of the Federal Reserve System. Neither the Borrower Company nor any of its Subsidiaries is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purpose of "purchasing" or "carrying" any "margin stock" within the respective meanings of each of the quoted terms under said Regulation U.U. SECTION 3.09.