Regulation U definition

Regulation U means Regulation U of the Board of Governors of the Federal Reserve System, as in effect from time to time.

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Regulation U means Regulation U of the Board as from time to time in effect and all official rulings and interpretations thereunder or thereof.

Regulation U. Regulation U of the Board as in effect from time to time.

Examples of Regulation U in a sentence

None of the Loan Parties or any Subsidiaries of any Loan Party engages or intends to engage principally, or as one of its important activities, in the business of extending credit for the purpose, immediately, incidentally or ultimately, of purchasing or carrying margin stock (within the meaning of Regulation U, T or X as promulgated by the Board of Governors of the Federal Reserve System).
Neither the Borrower nor any of its Significant 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 no part of the proceeds of any Term Loan hereunder will be used to buy or carry any Margin Stock.
Neither the Borrower nor any of its Significant 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 no part of the proceeds of any Advance hereunder will be used to buy or carry any Margin Stock.
The No Borrower does not ownowns or intendintends to carry or purchase, and no proceeds from the Advances will be used to carry or purchase, any “margin stock” within the meaning of Regulation U or to extend “purpose credit” within the meaning of Regulation U.

More Definitions of Regulation U

Regulation U means Regulation U of the FRB, as in effect from time to time and all official rulings and interpretations thereunder or thereof.

Regulation U. Regulation U of the Board of Governors of the Federal Reserve System as in effect from time to time.

Regulation U and “Regulation X” mean Regulation T, U and X, respectively, of the Board of Governors of the Federal Reserve System, as in effect from time to time.

Regulation U means Regulation U of the FRB.

Regulation U and “Regulation X” mean, respectively, Regulations T, U and X of the Board or any successor, as the same may be amended or supplemented from time to time.

Regulation U means Regulation U of the Board of Governors of the Federal Reserve System as from time to time in effect and any successor or other regulation or official interpretation of said Board of Governors relating to the extension of credit by banks, non-banks and non-broker lenders for the purpose of purchasing or carrying margin stocks applicable to member banks of the Federal Reserve System.

Regulation U. Regulation U of the Board of Governors of the Federal Reserve System, 12 C.F.R. §221, or any successor regulation.