Common use of Federal Reserve Board Regulations Clause in Contracts

Federal Reserve Board Regulations. Neither the Borrower nor any other Borrower Party 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 such terms under Regulations U, T and X. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower Company nor any other Borrower Party 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 Stockmargin stock” within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans any Loan will be used for “purchasing” or “carrying” “Margin Stockmargin stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower Parent, the Company nor any other Borrower Party Subsidiary of the Parent 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 Stockmargin stock” within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans any Revolving Loan issued hereunder will be used for “purchasing” or “carrying” “Margin Stockmargin stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower nor any other Borrower Party 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” "margin stock" within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans any Loan issued hereunder will be used for “"purchasing” " or “"carrying” “Margin Stock” " "margin stock" as so defined or for any purpose which that violates, or which that would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower nor any other Borrower Party 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 such terms under Regulations U, T and X. No part of the proceeds of the Loans will be used used, whether directly or indirectly, for “purchasing” or “carrying” “Margin Stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions ofof any Requirement of Law (including, without limitation, the Regulations of the Board of Governors of the Federal Reserve System).

Federal Reserve Board Regulations. Neither None of the Borrower nor any other Borrower Party Parties 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 such terms under Regulations UT, T U and X. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither None of the Borrower nor Parties or any other Borrower Senior Credit Party 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 such terms under Regulations U, T and X. No part of the proceeds of the Loans Loan will be used for “purchasing” or “carrying” “Margin Stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower Company nor --------------------------------- any other Borrower Party 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” "margin stock" within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans any Loan made hereunder will be used for “"purchasing” " or “"carrying” “Margin Stock” " "margin stock" as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower Company nor any other Borrower Party 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” of any “Margin Stockmargin stock” within the respective meanings of such terms under Regulations U, T and X. Federal Reserve Board Regulation U. No part of the proceeds of the Loans any Loan issued hereunder will be used for “purchasing” or “carrying” “Margin Stockmargin stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower Company nor any other Borrower Party of its Subsidiaries is engaged or nor will it 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” "margin stock" within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans any Loan issued hereunder will be used for “"purchasing” " or “"carrying” “Margin Stock” " "margin stock" as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower any Loan Party nor any other Borrower Party of their 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” "margin stock" within the respective meanings of such terms under Regulations U, T and X. Regulation U of the FRB. No part of the proceeds of the Loans any Loan issued hereunder will be used for “"purchasing” " or “"carrying” “Margin Stock” " "margin stock" as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower Company nor any other Borrower Party of its Subsidiaries is engaged or nor will it engage, principally or as one of its important activities, in the business of extending credit for the purpose of “purchasing” or “carrying” any “Margin Stockmargin stock” within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans any Loan issued hereunder will be used for “purchasing” or “carrying” “Margin Stockmargin stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither None of the Borrower nor any other Borrower Party Companies is engaged or engaged, and neither of the Companies 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” "margin stock" within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans any Loan issued hereunder will be used used, directly or indirectly, for “"purchasing” " or “"carrying” “Margin Stock” " "margin stock" as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither None of the Borrower nor any other Borrower Party Transaction Parties 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 such terms under Regulations U, T and X. No part of the proceeds of the Loans Loan will be used for “purchasing” or “carrying” “Margin Stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower Company nor any other Borrower Party the Pledgor is engaged 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 Stockmargin stock” within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans Loan issued hereunder will be used used, directly or indirectly, for “purchasing” or “carrying” “Margin Stockmargin stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower nor any other Borrower Party 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 such terms under Regulations U, T and X. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, any Requirement of Law (including, without limitation, the Regulations of the Board of Governors of the Federal Reserve System).

Federal Reserve Board Regulations. Neither the Borrower nor any other Borrower Party 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 such terms under Regulations U, T and X. No part of the proceeds of the Loans Term Loan will be used for “purchasing” or “carrying” “Margin Stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither None of the Borrower nor any other Borrower Party Parties or Pledgors 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 such terms under Regulations U, T and X. No part of the proceeds of the Loans Loan will be used for “purchasing” or “carrying” “Margin Stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither None of the Borrower nor any other Borrower Party Parties 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 such terms under Regulations U, T and X. No part of the proceeds of the Loans Loan will be used for “purchasing” or “carrying” “Margin Stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower nor any other Borrower Party 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 such terms under Regulations U, T and X. No part of the proceeds of the Loans Interim Loan will be used for “"purchasing” " or “"carrying” “" "Margin Stock” " as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower Parent nor any other Borrower Party 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 Stockmargin stock” within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans any Loan made hereunder will be used for “purchasing” or “carrying” “Margin Stockmargin stock” as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower Company nor any other Borrower Party 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” " and "margin stock" within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans any Loan issued hereunder will be used for “"purchasing” " or “"carrying” “Margin Stock” " "margin stock" as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower nor any other Borrower Party 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” "margin stock" within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans Term Loan issued hereunder will be used for “"purchasing” " or “"carrying” “Margin Stock” " "margin stock" as so defined or for any purpose which that violates, or which o that would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither of the Borrower nor any other Borrower Party Companies is engaged or engaged, and neither of the Companies 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” "margin stock" within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans any Loan issued hereunder will be used used, directly or indirectly, for “"purchasing” " or “"carrying” “Margin Stock” " "margin stock" as so defined or for any purpose which violates, or which would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.

Federal Reserve Board Regulations. Neither the Borrower nor any other Borrower Party of its Subsidiaries (if any) 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 Stockmargin stock” within the respective meanings of such terms under Regulations U, T and X. Regulation U. No part of the proceeds of the Loans Term Loan issued hereunder will be used for “purchasing” or “carrying” “Margin Stockmargin stock” as so defined or for any purpose which that violates, or which that would be inconsistent with, the provisions of, of the Regulations of the Board of Governors of the Federal Reserve System.