Regulations U and X definition

Regulations U and X. Regulations U and X of the Board as in effect from time to time.
Regulations U and X means Regulations U and X of the Board of Governors of the Federal Reserve System from time to time in effect and shall include any successor or other regulations or official interpretations of said Board of Governors relating to the extension of credit by banks for the purpose of purchasing or carrying margin stocks applicable to member banks of the Federal Reserve System.
Regulations U and X mean Regulations U and X of the Federal Reserve Board, as the same is from time to time in effect, and all official rulings and interpretations thereunder or thereof.

Examples of Regulations U and X in a sentence

  • No portion of any Loan is to be used for the purpose of purchasing or carrying any “margin security” or “margin stock” as such terms are used in Regulations U and X of the Board of Governors of the Federal Reserve System, 12 C.F.R. Parts 221 and 224.

  • No part of the proceeds of any Loan will be used, nor any Letter of Credit or FCI issued, in each case whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X.


More Definitions of Regulations U and X

Regulations U and X means Regulations U and X of the Board of Governors of the Federal Reserve System from time to time in effect and shall include any successor or other regulation or official interpretation of said Board of Governors relating to the extension of credit by banks for the purpose of purchasing or carrying margin stocks applicable to member banks of the Federal Reserve System.
Regulations U and X means Regulations U and X of the Board of Governors of the Federal Reserve System, as in effect from time to time.
Regulations U and X means Regulations U and X of the FRB as in effect from time to time.
Regulations U and X means, respectively, Regulation D under the Securities Act of 1933, as amended or modified from time to time, and Regulation U and Regulation X of the Board of Governors of the Federal Reserve System, as such regulations are from time to time in effect and any successor regulations thereto.
Regulations U and X means, respectively, Regulations U and X of the Board (or any successor), as the same may be amended or supplemented from time to time.
Regulations U and X means, respectively, Regulations U and X of the Board of Governors of the Federal Reserve System of the United States (or any successor) as now and from time to time in effect from the date of this Agreement;
Regulations U and X means, respectively, Regulations U and X of the Board of Governors of the Federal Reserve System of the United States (or any successor).