Regulations U and X definition

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. Regulations U and X of the Board as in effect from time to time.
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 part of the proceeds of any Loan will be used by the Company or any Subsidiary for any purpose that violates the provisions of Regulations U and X.

  • The Company will not, nor will the Company permit any Subsidiary to, use any of the proceeds of the Loans for any purpose that violates the provisions of Regulations U and X.

  • No part of the proceeds of any Loan 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.


More Definitions of Regulations U and X

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 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 (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 (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 of America (or any successor).
Regulations U and X means, respectively, Regulation U (12 C.F.R. Part 221) and Regulation X (12 C.F.R. Part 224) of the Board of Governors of the United States Federal Reserve System (or any successor), as the same may be modified and supplemented and in effect from time to time.