Federal Reserve System definition

Federal Reserve System means the central banking system of the United States.
Federal Reserve System means the central banking system of the United States;

Examples of Federal Reserve System in a sentence

  • Neither the Company nor any of its Subsidiaries or Affiliates is subject to the Bank Holding Company Act of 1956, as amended (the “BHCA”) and to regulation by the Board of Governors of the Federal Reserve System (the “Federal Reserve”).

  • Neither the Company nor any of its Subsidiaries is subject to the Bank Holding Company Act of 1956, as amended (the “BHCA”) and to regulation by the Board of Governors of the Federal Reserve System (the “Federal Reserve”).

  • Neither the Company nor any of its Subsidiaries or affiliates is subject to the Bank Holding Company Act of 1956, as amended (the “BHCA”) and to regulation by the Board of Governors of the Federal Reserve System (the “Federal Reserve”).

  • No Borrower is engaged, nor will it engage, principally or as one of its important activities, in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” within the respective meanings of each of the quoted terms under Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereafter in effect.

  • Neither the issuance, sale and delivery of the Placement Shares nor the application of the proceeds thereof by the Company as described in the Registration Statement and the Prospectus will violate Regulation T, U or X of the Board of Governors of the Federal Reserve System.


More Definitions of Federal Reserve System

Federal Reserve System means, collectively, the Federal Reserve Banks and the Board of Governors of the Federal Reserve System.
Federal Reserve System is the central banking system of the United States. “Fee Schedule” has the meaning set forth in Section 19.
Federal Reserve System has the meaning given to that term in the Recitals.
Federal Reserve System or "Federal" means the Board of Governors of the Federal Reserve System of the United States of America or any successor thereof.
Federal Reserve System means the system established by the Federal Reserve Act of 1913 to regulate the U.S. monetary and banking system.
Federal Reserve System. (the "FEDERAL RESERVE BOARD"), and none of the proceeds of the sale of the Securities will be used, directly or indirectly, for the purpose of purchasing or carrying any margin security, for the purpose of reducing or retiring any indebtedness which was originally incurred to purchase or carry any margin security or for any other purpose which might cause any of the Securities to be considered a "purpose credit" within the meanings of Regulation T, U or X of the Federal Reserve Board.