Common use of Regulation U Clause in Contracts

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit Extension, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate purpose of buying purchasing or carrying margin stock (as defined in within the meaning of Regulation U), and after applying the proceeds of each Credit Extension, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the The Borrower nor any of its Subsidiaries is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in within the meaning of Regulation UU or Regulation X), ; and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes less not more than twenty-five percent (25% %) of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither the The Borrower nor any of its Subsidiaries is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in within the meaning of Regulation UU or Regulation X), ; and after applying the proceeds of each Credit Extensionthe Loans, margin stock (as defined in Regulation U) constitutes less not more than twenty-five percent (25% %) of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower Company nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation Uwithin the meaning of Regulations U or X), ; and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes less than twenty-five (25% %) of the value of those assets of the Borrower Company and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither the such Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate ultimate, of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes will constitute less than 25% of the value of those assets of the such Borrower and its Subsidiaries which that are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit Extension, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its the Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the The Borrower nor any of its Subsidiaries is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in within the meaning of Regulation UU or Regulation X), ; and after applying the proceeds of each Credit Extensionthe Loans, margin stock (as defined in Regulation U) constitutes less not more than twenty-five (25% %) of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Restricted Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit Extension, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its Restricted Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the such Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate ultimate, of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes will constitute less than 25% of the value of those assets of the such Borrower and its Subsidiaries which that are subject to any limitation on sale, pledgesale or pledge hereunder or under any credit facility with any Lender or Affiliate of a Lender, or any other restriction hereunder.

Regulation U. Neither the Parent, the Borrower nor any of its Subsidiaries Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit Extension, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Parent, the Borrower and its the Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction on disposition hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation Uwithin the meaning of Regulations U or X), ; and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes less than twenty-five percent (25% %) of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate ultimate, of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation Uso defined) constitutes less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in within the meaning of Regulation UU or Regulation X), ; and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes less than twenty-five (25% %) of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither the The Borrower nor any of its Subsidiaries is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate ultimate, of buying or carrying margin stock (as defined in within the meaning of Regulation UU or Regulation X), ; and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes less not more than twenty-five percent (25% %) of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower Company nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit Extensionissue and sale of the Notes, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those the assets of the Borrower Company and its Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunderSubsidiaries.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in within the meaning of Regulation UU or Regulation X), ; and after applying the proceeds of each Credit ExtensionAdvance or drawing under each Letter of Credit, margin stock (as defined in Regulation U) constitutes less not more than twenty-five (25% %) of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither USI, the Borrower nor any of its Subsidiaries Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit Extension, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of USI, the Borrower and its the Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction on disposition hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is or will be engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate purpose of buying purchasing or carrying margin stock (as defined within the meaning of Regulation U issued by the Board and from time to time in Regulation Ueffect), and after applying the no proceeds of each Credit Extension, any Loan will be used to purchase or carry any margin stock (as defined in Regulation U) constitutes less than 25% or to extend credit to others for the purpose of the value of those assets of the Borrower and its Subsidiaries which are subject to purchasing or carrying any limitation on sale, pledge, or any other restriction hereundermargin stock.

Regulation U. Neither the such Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate ultimate, of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes will constitute less than 25% of the value of those assets of the such Borrower and its Subsidiaries which that are subject to any limitation on sale, pledge, sale or pledge or any other restriction hereunder.

Regulation U. Neither the Parent, the Borrower nor any of its Subsidiaries Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit Extension, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Parent, the Borrower and its the Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in within the meaning of Regulation UU or Regulation X), ; and after applying the proceeds of each Credit Extension, margin stock (as defined in Regulation U) constitutes less than twenty-five (25% %) of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes will constitute less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in within the meaning of Regulation UU or Regulation X), ; and after applying the proceeds of each Credit Extensionthe Loans made hereunder, margin stock (as defined in Regulation U) constitutes less not more than twenty-five (25% %) of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit Extensionthe Loans, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U)Margin Stock, and after applying the proceeds of each Credit Extension, margin stock (as defined in Regulation U) Margin Stock constitutes less than 25% of the value of those assets of the each Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate purpose of buying purchasing or carrying any "margin stock (as defined in stock" within the meaning of Regulation U), and after applying U. No part of the proceeds of each any Loan or Letter of Credit Extensionwill be used, margin stock directly or indirectly, for a purpose which violates any Applicable Law, including the provisions of Regulation U or Regulation X. "Margin Stock" (as defined in Regulation U) constitutes less than twenty-five percent (25% of the value %) of those assets of the Borrower and its Subsidiaries which that are subject to any limitation on sale, pledge, or any other restriction similar restrictions hereunder.

Regulation U. Neither the Borrower nor any of its Restricted Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit ExtensionLoan, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its Restricted Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the 62 purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit Extension, margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the The Borrower nor any of its Subsidiaries is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of buying or carrying margin stock (as defined in within the meaning of Regulation UU or Regulation X), ; and after applying the proceeds of each Credit Extensionthe Loans, margin stock (as defined in Regulation U) constitutes less not more than twenty-five percent (25% %) of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, sale or pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important primary activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate purpose of buying purchasing or carrying margin stock (as defined in Regulation U)Margin Stock, and after applying neither the Borrower nor any of its Subsidiaries will use the proceeds of each Credit Extension, margin stock (as defined any Loan in a manner that violates any provision of Regulation U) U or X of the Board of Governors of the Federal Reserve System. Margin Stock constitutes less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or any other restriction hereunder.

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate ultimate, of buying or carrying margin stock (as defined in Regulation U), and after applying the proceeds of each Credit ExtensionAdvance, margin stock (as defined in Regulation U) constitutes will constitute less than 25% of the value of those assets of the Borrower and its Subsidiaries which that are subject to any limitation on sale, pledge, or any other restriction hereunder.