Common use of Regulation U Clause in Contracts

Regulation U. Neither Borrower nor any of its Subsidiaries is engaged principally or as one of its primary activities in the business of extending credit for the purpose of purchasing or carrying any “margin stock” (as defined in Regulation U of the FRB).

Appears in 8 contracts

Samples: Term Loan Agreement (Pepco Holdings Inc), Term Loan Agreement (Pepco Holdings Inc), Term Loan Agreement (Pepco Holdings Inc)

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Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged (or will engage), principally or as one of its primary activities important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the Board of Governors of the Federal Reserve System), or extending credit for the purpose of purchasing or carrying any “margin stock” (as defined in Regulation U of the FRB).

Appears in 7 contracts

Samples: Revolving Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home)

Regulation U. Neither Borrower nor any of its Subsidiaries is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing "purchasing" or carrying "carrying" any "margin stock” (as defined in " within the meanings of Regulation U of the FRB).Board of Governors of the Federal Reserve System, and no Loan hereunder will be used to purchase or carry any such margin stock in violation of Regulation U.

Appears in 6 contracts

Samples: Revolving Loan Agreement (Kaufman & Broad Home Corp), Loan Agreement (Kaufman & Broad Home Corp), Revolving Loan Agreement (Kb Home)

Regulation U. Neither Borrower nor any of its Subsidiaries Guarantor is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose purpose, whether immediate, incidental or ultimate, of purchasing buying or carrying any “margin stock” (as defined in within the meaning of Regulation U of the FRB)Board of Governors of the Federal Reserve System.

Appears in 6 contracts

Samples: Credit Agreement (New Home Co Inc.), Credit Agreement (New Home Co Inc.), Credit Agreement (New Home Co Inc.)

Regulation U. Neither Borrower Borrower, nor any of its Subsidiaries Guarantor nor any Subsidiary is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock” Margin Stock (as defined in Regulation U of the FRBU).

Appears in 5 contracts

Samples: Credit Agreement (MDC Holdings Inc), Credit Agreement (MDC Holdings Inc), Credit Agreement (MDC Holdings Inc)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock” (as defined in Margin Stock within the meanings of Regulation U of the FRB).Board of Governors of the Federal Reserve System. No part of any Borrowing will be used to buy or carry any Margin Stock, or to extend credit to others for that purpose, or for any purpose, if to do so would violate the provisions of Regulation U.

Appears in 5 contracts

Samples: Credit Agreement (Avery Dennison Corp), Credit Agreement (Avery Dennison Corp), Credit Agreement (Avery Dennison Corp)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock” (as defined in Regulation U of the FRB)Margin Stock.

Appears in 3 contracts

Samples: Credit Agreement (American Equity Investment Life Holding Co), Credit Agreement (American Equity Investment Life Holding Co), Credit Agreement (Transmedia Network Inc /De/)

Regulation U. Neither Borrower nor any of its Subsidiaries is engaged principally or as one of its primary activities in the business of extending credit for the purpose of purchasing or carrying any "margin stock" (as defined in Regulation U of the FRB).

Appears in 3 contracts

Samples: Assignment Agreement (Pepco Holdings Inc), Credit Agreement (Pepco Holdings Inc), Short Term Loan Agreement (Pepco Holdings Inc)

Regulation U. Neither Borrower Holdings nor any of its Subsidiaries is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing “buying” or carrying “carrying” any “margin stock” (as defined in Margin Stock within the meanings of Regulation U of the FRB). No part of any Loan will be used to buy or carry any Margin Stock, or to extend credit to others for that purpose, or for any purpose, if to do so would violate the provisions of Regulation U of the FRB.

Appears in 3 contracts

Samples: Credit Agreement (Avery Dennison Corp), Credit Agreement (Avery Dennison Corporation), Credit Agreement (Avery Dennison Corporation)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally or as in, nor is one of the Borrower's or its primary activities in Subsidiaries’ important activities, the business of extending credit for the purpose of purchasing or carrying any “margin stock” (as defined in within the meaning of Regulation U of the FRB)Board of Governors of the Federal Reserve System as now and from time to time hereinafter in effect.

Appears in 2 contracts

Samples: Credit Agreement (First Mid Illinois Bancshares Inc), Credit Agreement (First Mid Illinois Bancshares Inc)

Regulation U. Neither such Borrower nor any of its Subsidiaries is engaged principally or as one of its primary activities in the business of extending credit for the purpose of purchasing or carrying any “margin stock” (as defined in Regulation U of the FRB).

Appears in 2 contracts

Samples: Credit Agreement (Baltimore Gas & Electric Co), Credit Agreement (Pepco Holdings Inc)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally or as one of its primary activities in the business of extending credit for the purpose of purchasing or carrying any “margin stock” (as defined in Regulation U of the FRB).

Appears in 2 contracts

Samples: Credit Agreement (Pepco Holdings Inc), Credit Agreement (Pepco Holdings Inc)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally or as one of its primary activities in the business of extending credit for the purpose of purchasing “purchasing” or carrying “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U U). No part of the FRB)proceeds of any of the Loans or any Letter of Credit will be used for purchasing or carrying margin stock or for any purpose which violates the provisions of Regulation U or Regulation X of the Board of Governors of the Federal Reserve.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Phillips 66 Partners Lp)

Regulation U. Neither the Borrower nor any of its the XXX Subsidiaries is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock” stock (as defined in within the meaning of Regulation U of the FRBU).

Appears in 2 contracts

Samples: Credit Agreement (State Auto Financial CORP), Credit Agreement (State Auto Financial CORP)

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Regulation U. Neither the Borrower nor any of its Subsidiaries (other than Xxxxxx Xxxx) is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock” stock (as defined in within the meaning of Regulation U of the FRBU).

Appears in 1 contract

Samples: Credit Agreement (United Community Financial Corp)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally or as one of its primary activities in the business of extending credit for the purpose of purchasing or carrying any “margin stock” Margin Stock (as defined such term is used in Regulation U of the FRB).U.

Appears in 1 contract

Samples: Credit Agreement (Channell Commercial Corp)

Regulation U. Neither the Borrower nor any of its Restricted Subsidiaries is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock” stock (as defined in within the meaning of Regulation U of the FRBU).

Appears in 1 contract

Samples: Agreement (Federal-Mogul Holdings Corp)

Regulation U. Neither such Borrower nor any of its Subsidiaries is engaged principally or as one of its primary activities in the business of extending credit for the purpose of purchasing or carrying any "margin stock" (as defined in Regulation U of the FRB).

Appears in 1 contract

Samples: Credit Agreement (Atlantic City Electric Co)

Regulation U. Neither Borrower nor any of its Subsidiaries is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock” (as defined in within the meaning of Regulation U U. No part of the FRB).proceeds of any Loan or Amended and Restated Revolving Credit Agreement

Appears in 1 contract

Samples: Revolving Credit Agreement (Horton D R Inc /De/)

Regulation U. Neither the Borrower nor any of its Subsidiaries Guarantor is principally engaged principally or in, nor does it have as one of its primary activities in important activities, the business of extending credit for the purpose of purchasing or carrying any “margin stock” (as defined in Regulation U of the FRBBoard of Governors of the Federal Reserve System).

Appears in 1 contract

Samples: Credit Agreement (Luminent Mortgage Capital Inc)

Regulation U. Neither Borrower nor any of its Subsidiaries is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock” (as defined in Regulation U of the FRB).or

Appears in 1 contract

Samples: Revolving Credit Agreement (Horton D R Inc /De/)

Regulation U. Neither the Borrower nor any of its Subsidiaries is engaged principally principally, or as one of its primary activities important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock” stock (as defined within the meaning of Regulation U) in violation of Regulation U of the FRB).U.

Appears in 1 contract

Samples: Credit Agreement (Radian Group Inc)

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