Margin Stock Regulations. Borrower shall not directly or indirectly apply any Loan proceeds, Equity Contributions, Letter of Credit proceeds or Project Revenues to the "buying", "carrying" or "purchasing" of any margin stock within the meaning of Regulation T, U or X of the Board of Governors of the Federal Reserve System or any regulations, interpretations or rulings thereunder.
Appears in 2 contracts
Sources: Credit Agreement (Pg&e Corp), Credit Agreement (Pacific Gas & Electric Co)
Margin Stock Regulations. Borrower shall not directly or indirectly apply any part of the proceeds of any Loan proceeds, Equity Contributions, Letter or other revenues or the proceeds of Credit proceeds or Project Revenues any Intercompany Loan Agreement to the "buying", "carrying" or "purchasing" of any margin stock within the meaning of Regulation Regulations T, U or X of the Board of Governors of the Federal Reserve System Board, or any regulations, interpretations or rulings thereunder.
Appears in 1 contract
Sources: Credit Agreement (NRG Energy Inc)