Regulation O Sample Clauses

Regulation O. No director, executive officer or principal shareholder of any Borrower is a "director," "executive officer" or "principal shareholder" of any Lender, as such terms are used in Regulation O of the Board of Governors of the Federal Reserve System, as amended.
AutoNDA by SimpleDocs
Regulation O. No director, executive officer or principal shareholder of any Loan Party is a "director," "executive officer" or "principal shareholder" of any Lender, as such terms are used in Regulation O of the Board of Governors of the Federal Reserve System, as amended.
Regulation O. Executive will not be an "executive officer" for purposes of Federal Reserve Board Regulation O.
Regulation O. Except as set forth in the Falcon Disclosure Schedule, Falcon Bank has no loans to any "principal shareholder," "director" or "executive officer," or to any "related interest" of any such person, as such terms are defined in Regulation O promulgated by the FRB.
Regulation O. The Credit Parties hereby represent and warrant that no director, executive officer or principal shareholder of any Credit Party is a director, executive officer or principal shareholder of any Lender. For the purposes hereof the terms "director", "
Regulation O. At a minimum, the Compliance Committee shall meet at least monthly, keep detailed minutes of each meeting, and report its findings to the board of directors on a monthly basis.
Regulation O. To the best of the Borrower's knowledge, (i) no Person is a director or executive officer of the Borrower or any of its Subsidiaries, owning more than 10% of any class of voting securities of the Borrower, and (ii) no Person owning more than 10% of any class of voting securities of the Borrower and is the largest shareholder of that class of securities of the Borrower, is a director, executive officer or principal shareholder of any Lender or any Affiliate of any Lender.
Regulation O. No person who may be deemed to have "control" of any Company is an "executive officer," "director," or "principal shareholder" of Agent or any Lender or any correspondent of Agent or any Lender, as such quoted terms are defined in section 215.2 of Regulation O of the Board of Governors of the Federal Reserve System, as amended.
Regulation O. As of the Closing Date, no director or executive officer of the Borrower or any of its Subsidiaries is a "director," "executive officer" or "principal shareholder" of any Lender, as such terms are used in Regulation O of the Board of Governors of the Federal Reserve System, as amended.
Time is Money Join Law Insider Premium to draft better contracts faster.