Common use of Federal Regulations Clause in Contracts

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose which violates the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.

Appears in 14 contracts

Samples: Credit Agreement (Medtronic Inc), Credit Agreement (Medtronic Inc), Credit Agreement (Wellpoint Health Networks Inc /De/)

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Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose which violates the provisions of Regulation Regulations T, U or X of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effect. If requested by any Lender Bank or the Administrative Agent, the Borrower Company will furnish to the Administrative Agent and each Lender Bank a statement to the foregoing effect in conformity with the requirements of Form FR U-1 or Form FR G-3 referred to in said Regulation U.

Appears in 9 contracts

Samples: Credit Agreement (Humana Inc), Credit Agreement (Humana Inc), Day Credit Agreement (Humana Inc)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose manner which violates the provisions would result in a violation of Regulation T, G or Regulation U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by effect or to buy or carry "margin stock" (as defined thereunder) or to refinance any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.Indebtedness incurred for such purpose.

Appears in 6 contracts

Samples: Credit Agreement (Sprint Spectrum Finance Corp), Credit Agreement (Sprint Spectrum L P), Credit Agreement (Sprint Spectrum Finance Corp)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose which that violates the provisions of Regulation T, U or X any of the Board of Governors other Regulations of the Federal Reserve System, as now and from time to time hereafter in effectBoard. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR U-1 Form U-1, as applicable, referred to in said Regulation U.

Appears in 5 contracts

Samples: Credit Agreement (Thermo Electron Corp), Day Credit Agreement (Thermo Electron Corp), Credit Agreement (Thermo Electron Corp)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose which violates the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effect. If requested by any Lender or the Administrative AgentLender, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.

Appears in 2 contracts

Samples: Credit Agreement (Kyphon Inc), Credit Agreement (Regeneration Technologies Inc)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction manner which might cause the Loans or for any purpose which violates the provisions application of such proceeds to violate Regulation T, U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the Borrower Credit Parties will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form FR U-1 referred to in said Regulation U.U. SECTION 8

Appears in 2 contracts

Samples: Credit Agreement (Promus Hotel Corp), Credit Agreement (Promus Hotel Corp)

Federal Regulations. No part of the proceeds of any Loans are ------------------- intended to be or will be used in any transaction used, directly or indirectly for any purpose which violates the provisions of Regulation T, U or X the Regulations of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, and in any event upon consummation of any acquisition involving the purchase of stock by the Borrower or any Subsidiary, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.

Appears in 2 contracts

Samples: Term Loan Agreement (Entravision Communications Corp), Term Loan Agreement (Entravision Communications Corp)

Federal Regulations. No part of the proceeds of any Loans will be used for "purchasing" or "carrying" any "margin stock" in any transaction or for any purpose which violates the provisions violation of Regulation Regulations G, T, U or and X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative AgentAgent at any time or from time to time, the Borrower Company will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form FR U-1 or G-3 referred to in said Regulation U.Regulations U and G, respectively.

Appears in 2 contracts

Samples: Credit Agreement (M & F Worldwide Corp), Credit Agreement (Consolidated Cigar Holdings Inc)

Federal Regulations. No part of the proceeds of any Term Loans will be used in any transaction or for any purpose which violates the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Health Net Inc), Term Loan Credit Agreement (Health Net Inc)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction manner which would violate, or for any purpose which violates result in the provisions of violation of, Regulation TD, Regulation G or Regulation U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1 referred to in said Regulation U.G or Regulation U, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Zaring National Corp), Credit Agreement (Zaring National Corp)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose which violates the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve SystemFRB, as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.U. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (Health Net Inc)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose which violates the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effect. If requested by any Lender Bank or the Administrative Agent, the Borrower Company will furnish to the Administrative Agent and each Lender Bank a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.

Appears in 1 contract

Samples: Credit Agreement (Humana Inc)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction manner which would violate, or for any purpose which violates result in the provisions of violation of, Regulation T, G or Regulation U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1 referred to in said Regulation U.G or Regulation U, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Reebok International LTD)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction manner which would violate, or for any purpose which violates result in the provisions of violation of, Regulation T, G or Regulation U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the each Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1 referred to in said Regulation U.G or Regulation U, as the case may be.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Reebok International LTD)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose manner which violates the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effecteffect or for any purpose that violates the provisions of the Regulations of the Board. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR U-1 Form U-1, as applicable, referred to in said Regulation U.

Appears in 1 contract

Samples: Credit Agreement (Agl Resources Inc)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction manner that would violate, or for any purpose which violates result in the provisions of Regulation violation of, Regulations T, U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative AgentLender, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form FR U-1 G-3 referred to in said Regulation U.

Appears in 1 contract

Samples: Loan Agreement (Friedman Billings Ramsey Group Inc)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction manner which would violate, or for any purpose which violates result in the provisions of violation of, Regulation TD, Regulation G or Regulation U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1 referred to in said Regulation U.G or Regulation U, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Computer Data Systems Inc)

Federal Regulations. No part of the proceeds of any the Loans will be used in for the purpose of purchasing or acquiring any transaction or for any purpose which violates “margin stock” within the provisions meaning of Regulation T, U or X of the Board of Governors of the Federal Reserve SystemSystem (or any successor), as now the same may be modified and supplemented and in effect from time to time hereafter in effect. If requested time, or for any other purpose which would be inconsistent with such Regulation U or any other Regulations of such Board of Governors, or for any purposes prohibited by any Lender Legal Requirements or by the terms and conditions of this Agreement or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Loan and Security Agreement (Ashford Hospitality Trust Inc)

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Federal Regulations. No part of the proceeds of any Loans are intended to be or will be used in any transaction used, directly or indirectly for any purpose which violates the provisions of Regulation T, U or X the Regulations of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, and in any event upon consummation of any acquisition involving the purchase of stock by the Borrower or any Subsidiary, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.

Appears in 1 contract

Samples: Credit Agreement (Point 360)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose which violates the provisions of Regulation Regulations G, T, U or X of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effect. If requested by any Lender Bank or the Administrative Agent, the Borrower Company will furnish to the Administrative Agent and each Lender Bank a statement to the foregoing effect in conformity with the requirements of Form FR U-1 or Form FR G-3 referred to in said Regulation Regulations G and U.

Appears in 1 contract

Samples: Credit Agreement (Humana Inc)

Federal Regulations. No part of the proceeds of any Loans Loans, and no other extensions of credit hereunder, will be used in any transaction manner which would violate, or for any purpose which violates result in the provisions of violation of, Regulation T, U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the each Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form FR U-1 referred to in said Regulation U.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Reebok International LTD)

Federal Regulations. No part of the proceeds of any Loans Loans, and no other extensions of credit hereunder, will be used in any transaction manner which would violate, or for any purpose which violates result in the provisions of violation of, Regulation T, U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the any Administrative Agent, the each Borrower will furnish to the each Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form FR U-1 referred to in said Regulation U.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Reebok International LTD)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose which violates the provisions violation of Regulation T, U or X of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effecteffect or for any purpose that violates the provisions of the Regulations of the Board. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1 referred to in said Regulation U.

Appears in 1 contract

Samples: Credit Agreement (Parker Drilling Co /De/)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose which violates the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effect. If requested by any Lender Bank or the Administrative Agent, the Borrower Company will furnish to the Administrative Agent and each Lender Bank a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.".

Appears in 1 contract

Samples: Credit Agreement (Humana Inc)

Federal Regulations. No part of the proceeds of any Loans Loan will be used to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, or extend credit to others for the purpose of purchasing or carrying, any "margin stock" as defined in any transaction or for any purpose which violates the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System. The making of the Loans hereunder and the use of the proceeds thereof as contemplated hereby will not violate or be inconsistent with any of the provisions of Regulation U, as now and from time to time hereafter in effect. If requested by any Lender T or X of the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements Board of Form FR U-1 referred to in said Regulation U.Governors.

Appears in 1 contract

Samples: United States Marine Repair Inc

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction manner which would violate, or for any purpose which violates result in the provisions of violation of, Regulation TD, Regulation G or Regulation U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative AgentLender, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1 referred to in said Regulation U.G or Regulation U, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Sight Resource Corp)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction or for any purpose which violates the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System, as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of Form FR U-1 referred to in said Regulation U.

Appears in 1 contract

Samples: Credit Agreement (Unitedhealth Group Inc)

Federal Regulations. No part of the proceeds of any Loans will be used in any transaction manner which would violate, or for any purpose which violates result in the provisions of violation of, Regulation TD, Regulation G or Regulation U or X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative Agent, the each Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1 referred to in said Regulation U.G or Regulation U, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Advanced Communication Systems Inc)

Federal Regulations. No part of the proceeds of any Loans the Loan will be used in any transaction manner which would violate, or for any purpose which violates result in the provisions of violation of, Regulation T, U or Regulation X of the Board of Governors of the Federal Reserve System, System as now and from time to time hereafter in effect. If requested by any Lender or the Administrative AgentLender, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1 referred to in said or Regulation U.U, as the case may be.

Appears in 1 contract

Samples: Loan Agreement (Commercial Net Lease Realty Inc)

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