Common use of Governmental Regulations, Etc Clause in Contracts

Governmental Regulations, Etc. (a) No part of the proceeds of the Extensions of Credit hereunder will be used, directly or indirectly, for the purpose of purchasing or carrying any “margin stock” within the meaning of Regulation U or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose. If requested by any Lender or the Administrative Agent, the members of the Consolidated Group will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form U-1 referred to in said Regulation U. No indebtedness being reduced or retired out of the proceeds of the Extensions of Credit hereunder was or will be incurred for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U or any “margin security” within the meaning of Regulation T. “Margin stock” within the meanings of Regulation U does not constitute more than 25% of the value of the consolidated assets of the Borrower and its Subsidiaries. None of the transactions contemplated by this Credit Agreement (including, without limitation, the direct or indirect use of the proceeds of the Loans) will violate or result in a violation of the Securities Act of 1933, the Exchange Act or Regulation T, U or X.

Appears in 2 contracts

Samples: Credit Agreement (Advance America, Cash Advance Centers, Inc.), Credit Agreement (Advance America, Cash Advance Centers, Inc.)

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Governmental Regulations, Etc. (a) No part of the proceeds of the Extensions of Credit hereunder Loans will be used, directly or indirectly, for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U U, or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purposetrading in any securities other than securities issued by Airgas. If requested by any Lender or the Administrative U.S. Agent, the members of the Consolidated Group Credit Parties will furnish to the Administrative U.S. Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form U-1 referred to in said Regulation U. No indebtedness being reduced or retired out of the proceeds of the Extensions of Credit hereunder Loans was or will be incurred for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U or any "margin security" within the meaning of Regulation T. “T other than securities issued by Airgas. "Margin stock" within the meanings of Regulation U does not constitute more than 25% of the value of the consolidated assets of the Borrower and its SubsidiariesConsolidated Parties. None of the transactions contemplated by this Credit Agreement (including, without limitation, the direct or indirect use of the proceeds of the Loans) will violate or result in a violation of the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, or regulations issued pursuant thereto, or Regulation T, U or X.

Appears in 2 contracts

Samples: Credit Agreement (Airgas Northern California & Nevada Inc), Credit Agreement (Airgas Carbonic Inc)

Governmental Regulations, Etc. (a) No part of the Letters of Credit or proceeds of the Extensions of Credit hereunder Loans will be used, directly or indirectly, for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U U, or to extend credit to others for the purpose of purchasing or carrying or trading in any securities that are "margin stock or to refund indebtedness originally incurred for such purpose. stock" within the meaning of Regulation U. If requested by any Lender or the Administrative Agent, the members of the Consolidated Group Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form U-1 referred to in said Regulation U. No indebtedness being reduced or retired out of the proceeds of the Extensions of Credit hereunder Loans was or will be incurred for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U or any "margin security" within the meaning of Regulation T. "Margin stock" within the meanings meaning of Regulation U does not constitute more than 25% of the value of the consolidated assets of the Borrower and its SubsidiariesConsolidated Parties. None of the transactions contemplated by this Credit Agreement (including, without limitation, the direct or indirect use of the proceeds of the Loans) will violate or result in a violation of the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, or regulations issued pursuant thereto, or Regulation T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Tractor Supply Co /De/)

Governmental Regulations, Etc. (a) No part of the proceeds of the Extensions of Credit hereunder Loans will be used, directly or indirectly, for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U G or to extend credit to others Regulation U, or for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purposetrading in any securities other than securities issued by Airgas. If requested by any Lender or the Administrative U.S. Agent, the members of the Consolidated Group Credit Parties will furnish to the Administrative U.S. Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form U-1 referred to in said Regulation U. No indebtedness being reduced or retired out of the proceeds of the Extensions of Credit hereunder Loans was or will be incurred for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U or any "margin security" within the meaning of Regulation T. “T other than securities issued by Airgas. "Margin stock" within the meanings of Regulation U does not constitute more than 25% of the value of the consolidated assets of the Borrower and its SubsidiariesConsolidated Parties. None of the transactions contemplated by this Credit Agreement (including, without limitation, the direct or indirect use of the proceeds of the Loans) will violate or result in a violation of the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, or regulations issued pursuant thereto, or Regulation G, T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Airgas Inc)

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Governmental Regulations, Etc. (a) No part of the proceeds of the Extensions of Credit hereunder will be used, directly or indirectly, for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U in violation of Regulation U, or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose. trading in any other securities in violation of Regulation U. If requested by any Lender or the Administrative Agent, the members of the Consolidated Group Company will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form U-1 referred to in said Regulation U. No indebtedness being reduced or retired out of the proceeds of the Extensions of Credit hereunder was or will be incurred for the purpose of purchasing or carrying any "margin stock stock" within the meaning of Regulation U or any "margin security" within the meaning of Regulation T. "Margin stock" (within the meanings meaning of Regulation U U) does not constitute more than twenty-five percent (25% %) of the value of the consolidated assets of the Borrower Company and its Subsidiaries. None of the transactions contemplated by this Credit Agreement (including, without limitation, the direct or indirect use of the proceeds of the Loans) will violate or result in a violation of the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, or regulations issued pursuant thereto, or Regulation T, U or X.

Appears in 1 contract

Samples: Credit Agreement (Millipore Corp /Ma)

Governmental Regulations, Etc. (a) None of Holdings and its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying "margin stock" within the meaning of Regulation U. No part of the proceeds of the Extensions of Credit hereunder Loan will be used, directly or indirectly, for the purpose of purchasing or carrying any "margin stock" within the meaning of Regulation U or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose. U. If requested by any Lender or the Administrative AgentLender, the members of the Consolidated Group Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form U-1 referred to in said Regulation U. No indebtedness being reduced or retired out of the proceeds of the Extensions of Credit hereunder Loan was or will be incurred for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U or any "margin security" within the meaning of Regulation T. "Margin stock" within the meanings meaning of Regulation U does not constitute more than 25% of the value of the consolidated assets of the Borrower Holdings and its Consolidated Subsidiaries. None of the transactions contemplated by this Credit Agreement (including, without limitation, including the direct or indirect use of the proceeds of the LoansLoan) will violate or result in a violation of the Securities Act of 1933Act, the Exchange Act Act, or Regulation T, U or X.

Appears in 1 contract

Samples: Loan Agreement (Hillman Companies Inc)

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