Regulations T, U and X definition

Regulations T, U and X means Regulations T, U and X of the Board of Governors of the Federal Reserve System (or any successor), as the same may be modified and supplemented and in effect from time to time.

Regulations T, U and X means Regulations T, U, and X of the Federal Reserve Board, as each is from time to time in effect, and all official rulings and interpretations thereunder or thereof.

Regulations T, U and X means Regulations T, U and X issued by the Board of Governors of the Federal Reserve System, as from time to time amended.

Examples of Regulations T, U and X in a sentence

• The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulations T, U and X, as issued by the Board of Governors of the Federal Reserve System), and no proceeds of any Loan will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock.

• No Letter of Credit or proceeds of Loans will be used, directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of buying or carrying any “margin stock” within the meaning of Regulations T, U and X.

• Following application of the proceeds of any Loan, not more than 25% of the value of the assets subject to the provisions of Section 7.01 or 7.02 will be “margin stock” within the meaning of Regulations T, U and X.

• No part of the proceeds of any Loan and 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 T, U and X.

• No part of the proceeds of any Loan or Letter of Credit shall be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the FRB, including Regulations T, U and X.

More Definitions of Regulations T, U and X

Regulations T, U and X means Regulations T, U and X, as at any time amended, of the Board of Governors of the Federal Reserve System, or any other regulations in substance substituted therefor.

Regulations T, U and X means Regulations T, U and X, respectively, of the Federal Reserve Board, and any successor regulations.

Regulations T, U and X means Regulations T, U, and X of the Federal Reserve Board, as each is from time to time in effect, and all official rulings and interpretations thereunder or thereof. Each of Regulations T, U, or X may be referred to individually as Regulation T, Regulation U, or Regulation X herein.

Regulations T, U and X means Regulations T, U and X, respectively, of the FRB, and any successor regulations.

Regulations T, U and X means Regulation T (12 C.F.R. Part 220), Regulation U (12 C.F.R. Part 221) and Regulation X (12 C.F.R. Part 224), respectively, of the Board of Governors of the Federal Reserve System of the United States (or any successor), as the same may be amended, modified or supplemented and in effect from time to time and all official rulings and interpretations thereunder or thereof.

Regulations T, U and X means, respectively, Regulations T, U and X of the Board (or any successor).

Regulations T, U and X means Regulations T, U and X of the Federal Reserve System of the United States (or any successors thereto).