Common use of Federal Reserve Regulations; Use of Proceeds Clause in Contracts

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company is engaged principally in the business of extending, maintaining or arranging credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 5 contracts

Samples: Credit Agreement (Coactive Marketing Group Inc), Credit Agreement (Pall Corp), Credit Agreement (Coactive Marketing Group Inc)

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Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company Guarantor is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 3 contracts

Samples: Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc)

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company its Subsidiaries is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 3 contracts

Samples: Credit Agreement (Family Golf Centers Inc), Pledge Agreement (1 800 Flowers Com Inc), Credit Agreement (Vasomedical Inc)

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company Borrower nor any Subsidiary of the Company its Subsidiaries is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United StatesBoard, as amended from time to time).

Appears in 3 contracts

Samples: Credit Agreement (Aceto Corp), Credit Agreement (Aceto Corp), Credit Agreement (Aceto Corp)

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company its Subsidiaries is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of as that term is defined in Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 2 contracts

Samples: Credit Agreement (Global Payment Technologies Inc), Credit Agreement (Global Payment Technologies Inc)

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company Company, any Guarantor nor any Subsidiary of the Company their respective Subsidiaries is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 2 contracts

Samples: Credit Agreement (Comtech Telecommunications Corp /De/), Credit Agreement (Comtech Telecommunications Corp /De/)

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 2 contracts

Samples: Credit Agreement (Veeco Instruments Inc), Credit Agreement (Veeco Instruments Inc)

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 2 contracts

Samples: Pledge Agreement (Hain Celestial Group Inc), Credit Agreement (Hain Celestial Group Inc)

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Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company Guarantor is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 1 contract

Samples: Credit Agreement (Emerging Vision Inc)

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company its Subsidiaries is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 1 contract

Samples: Credit Agreement (Coactive Marketing Group Inc)

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 1 contract

Samples: Credit Agreement (Hain Celestial Group Inc)

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the Company is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to timethe date hereof). If requested by the Administrative Agent, the Company will, and will cause each Subsidiary of the Company to, furnish to the Administrative Agent such a statement on Federal Reserve Form U-1.

Appears in 1 contract

Samples: Credit Agreement (Globecomm Systems Inc)

Federal Reserve Regulations; Use of Proceeds. (a) Neither the Company nor any Subsidiary of the No Company is engaged principally in in, nor has as one of its important activities, the business of extending, maintaining or arranging extending credit for the purpose of purchasing or carrying any "margin stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System of the United States, as amended from time to time).

Appears in 1 contract

Samples: Credit Agreement (Coactive Marketing Group Inc)

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