Common use of Federal Reserve Board Regulations Clause in Contracts

Federal Reserve Board Regulations. The Agency shall not use any portion of the proceeds of the Bonds for the purpose of carrying or purchasing any Margin Stock and has not incurred any Indebtedness to be reduced, retired or purchased by the Agency out of such proceeds, and the Agency does not own and has no intention of acquiring any Margin Stock.

Appears in 3 contracts

Samples: Continuing Covenant Agreement, Continuing Covenant Agreement, Continuing Covenant Agreement

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Federal Reserve Board Regulations. The Agency Authority shall not use any portion of the proceeds of the Purchase Price of the Bonds for the purpose of carrying or purchasing any Margin Stock and has shall not incurred incur any Indebtedness Debt which is to be reduced, retired or purchased by the Agency Authority out of such proceeds, and the Agency does not own and has no intention of acquiring any Margin Stock.

Appears in 2 contracts

Samples: Continuing Covenant Agreement, Continuing Covenant Agreement

Federal Reserve Board Regulations. The Agency shall not use any portion of the proceeds of the Bonds for the purpose of carrying or purchasing any Margin Stock and has not incurred any Indebtedness to be reduced, retired or purchased by the Agency out of such proceeds, and the Agency does not own and has no intention of acquiring any Margin StockStock (including the Disclosure Document).

Appears in 1 contract

Samples: Continuing Covenant Agreement

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Federal Reserve Board Regulations. The Agency Authority shall not use any portion of the proceeds of the Purchase Price of the Bonds for the purpose of carrying or purchasing any Margin Stock and has shall not incurred incur any Indebtedness which is to be reduced, retired or purchased by the Agency Authority out of such proceeds, and the Agency does not own and has no intention of acquiring any Margin Stock.

Appears in 1 contract

Samples: Continuing Covenant Agreement

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