Common use of Use of Letters of Credit Clause in Contracts

Use of Letters of Credit. 18.9 No Letter of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. CONTINUATION OF AND CHANGE IN BUSINESSES

Appears in 2 contracts

Samples: Xl Capital LTD, Xl Capital LTD

AutoNDA by SimpleDocs

Use of Letters of Credit. 18.9 No Letter of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. CONTINUATION OF AND CHANGE IN BUSINESSESX.

Appears in 2 contracts

Samples: Credit and Reimbursement Agreement (Xl Capital LTD), Xl Capital LTD

Use of Letters of Credit. 18.9 No Letter of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. CONTINUATION OF AND CHANGE IN BUSINESSESContinuation of and Change in Businesses

Appears in 2 contracts

Samples: Credit Facility and Reimbursement Agreement (Xl Capital LTD), Xl Capital LTD

AutoNDA by SimpleDocs

Use of Letters of Credit. 18.9 No Letter of Credit will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X. CONTINUATION OF AND CHANGE IN BUSINESSESX.

Appears in 1 contract

Samples: Xl Capital LTD

Time is Money Join Law Insider Premium to draft better contracts faster.