Common use of Federal Reserve Board Regulations Clause in Contracts

Federal Reserve Board Regulations. None of the Loan Parties is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purposes of “purchasing” or “carrying” any “Margin Stock” within the respective meanings of such terms under Regulations U, T and X of the Board. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws or regulations of any Governmental Authority (including, without limitation, the Regulations of the Board).

Appears in 24 contracts

Samples: Term Loan Agreement (Xenia Hotels & Resorts, Inc.), Term Loan Agreement (Brixmor Property Group Inc.), Credit and Term Loan Agreement (Gramercy Property Trust)

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Federal Reserve Board Regulations. None of Neither the Loan Parties 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 purposes purpose of “purchasing” or “carrying” any “Margin Stock” within the respective meanings of such terms under Regulations U, T and X of the Board. 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 for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws or regulations of any Governmental Authority Requirement of Law (including, without limitation, the Regulations of the BoardBoard of Governors of the Federal Reserve System).

Appears in 2 contracts

Samples: Credit Agreement (Macerich Co), Credit Agreement (Macerich Co)

Federal Reserve Board Regulations. None of the Loan Parties is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purposes of “purchasing” or “carrying” any “Margin Stock” within the respective meanings of such terms under Regulations U, T and X of the Federal Reserve Board. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws or regulations of any Governmental Authority (including, without limitation, the Regulations of the Federal Reserve Board).

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Xenia Hotels & Resorts, Inc.)

Federal Reserve Board Regulations. None of the Loan Parties Obligors is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purposes of “purchasing” or “carrying” any “Margin Stock” within the respective meanings of such terms under Regulations U, T and X of the Board. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws Laws or regulations of any Governmental Authority (including, without limitation, the Regulations of the Board).. Section 3.15

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Millicom International Cellular Sa)

Federal Reserve Board Regulations. None of the Loan Parties Obligors is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purposes of "purchasing" or "carrying" any "Margin Stock" within the respective meanings of such terms under Regulations U, T and X of the Board. No part of the proceeds of the Loans will be used for "purchasing" or "carrying” “" "Margin Stock" as so defined for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws Laws or regulations regula tions of any Governmental Authority (including, without limitation, the Regulations of the Board).

Appears in 1 contract

Samples: Revolving Credit Agreement (Millicom International Cellular Sa)

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Federal Reserve Board Regulations. None of Neither the Loan Parties 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 purposes purpose of “purchasing” or “carrying” any “Margin Stock” within the respective meanings of such terms under Regulations U, T and X of the Board. X. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws or regulations Requirement of any Governmental Authority Law (including, without limitation, the Regulations of the BoardBoard of Governors of the Federal Reserve System).

Appears in 1 contract

Samples: Joinder Agreement (Macerich Co)

Federal Reserve Board Regulations. None of the Loan Parties is engaged or will engage, principally or as one of its important activities, in the business of extending credit for the purposes of “purchasing” or “carrying” any “Margin Stock” within the respective meanings of such terms under Regulations U, T and X of the Board. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws or regulations of any Governmental Authority (including, without limitation, the Regulations of the Board). SECTION 3.14.

Appears in 1 contract

Samples: Term Loan Agreement

Federal Reserve Board Regulations. None of the Loan Parties is engaged or will engage, principally or as one of its important ny-11773361177179 activities, in the business of extending credit for the purposes of “purchasing” or “carrying” any “Margin Stock” within the respective meanings of such terms under Regulations U, T and X of the Board. No part of the proceeds of the Loans will be used for “purchasing” or “carrying” “Margin Stock” as so defined for any purpose which violates, or which would be inconsistent with, the provisions of, any applicable laws or regulations of any Governmental Authority (including, without limitation, the Regulations of the Board).

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Gramercy Property Trust Inc.)

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