Common use of Regulations U and X Clause in Contracts

Regulations U and X. None of the Borrower or any Subsidiary is engaged in the business of extending credit for the purpose of buying or carrying margin stock, and no proceeds of the Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 13 contracts

Samples: Credit Agreement (AVITA Medical, Inc.), Credit Agreement (DarioHealth Corp.), Credit Agreement (Health Catalyst, Inc.)

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Regulations U and X. None of the The Borrower or any Subsidiary is not engaged in the business of extending credit for the purpose of buying purchasing or carrying margin stock, and no proceeds of the any Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 8 contracts

Samples: Credit Agreement (Microsemi Corp), Credit Agreement (W-H Energy Services Inc), Credit Agreement (Vintage Petroleum Inc)

Regulations U and X. None of the The Borrower or any Subsidiary is not engaged in the business of extending credit for the purpose of buying purchasing or carrying margin stock, and no proceeds of the any Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. X, or any official rulings on or interpretations of such regulations. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section 5.7 with such meanings.

Appears in 6 contracts

Samples: Credit Agreement (WGL Holdings Inc), Credit Agreement (WGL Holdings Inc), Assignment Agreement (Washington Gas Light Co)

Regulations U and X. None of the Borrower or any Subsidiary is engaged in the business of extending credit for the purpose of buying or carrying margin stock, and no proceeds of the Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. X of the F.R.S. Board. Terms for which meanings are provided in F.R.S. Board Regulation U or and Regulation X of the F.R.S. Board, or any regulations substituted therefor, as from time to time in effect, are used in this Section 6.13 with such meanings.

Appears in 5 contracts

Samples: Credit Agreement (Acutus Medical, Inc.), Pledge and Security Agreement (Acutus Medical, Inc.), Credit Agreement (Acutus Medical, Inc.)

Regulations U and X. None of Holdings, the Borrower or any Subsidiary is engaged in the business of extending credit for the purpose of buying or carrying margin stock, and no proceeds of the Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 4 contracts

Samples: Credit Agreement (Harmony Biosciences Holdings, Inc.), Acknowledgement and Agreement (Unilife Corp), Acknowledgement and Agreement (Unilife Corp)

Regulations U and X. None of the The Borrower or any Subsidiary is not engaged in the business of extending credit for the purpose of buying or carrying margin stock, and no proceeds of the any Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 2 contracts

Samples: Credit Agreement (Cornerstone Propane Partners Lp), Refunding Credit Agreement (Cornerstone Propane Partners Lp)

Regulations U and X. None Neither the Company nor any of the Borrower or any Subsidiary its Subsidiaries is engaged in the business of extending credit for the purpose of buying purchasing or carrying margin stock, and no proceeds of the any Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Kaman Corp), Term Loan Credit Agreement (Kaman Corp)

Regulations U and X. None of the Borrower Holdings or any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of buying or carrying margin stock, and no proceeds of the Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section 6.13 with such meanings.

Appears in 2 contracts

Samples: Credit Agreement (Xtant Medical Holdings, Inc.), Credit Agreement (Bacterin International Holdings, Inc.)

Regulations U and X. None of Holdings, the Borrower or any Subsidiary is engaged in the business of extending credit for the purpose of buying or carrying margin stock, and no proceeds of the Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. X of the F.R.S. Board. Terms for which meanings are provided in F.R.S. Board Regulation U or and Regulation X of the F.R.S. Board, or any regulations substituted therefor, as from time to time in effect, are used in this Section 6.13 with such meanings.

Appears in 2 contracts

Samples: Credit Agreement (Valneva SE), Credit Agreement (Valneva SE)

Regulations U and X. None of Holdings, the Borrower Borrowers or any Subsidiary of their respective Subsidiaries is engaged in the business of extending credit for the purpose of buying purchasing or carrying margin stock, and no proceeds of the Loans any Credit Extensions will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 1 contract

Samples: Credit Agreement (Associated Materials Inc)

Regulations U and X. None of Neither the Borrower or any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of buying purchasing or carrying margin stock, and no proceeds of the Loans any Credit Extensions will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 1 contract

Samples: Credit Agreement (Adelphia Communications Corp)

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Regulations U and X. None of the Borrower or Loan Parties nor any Subsidiary of their respective Subsidiaries is engaged in the business of extending credit for the purpose of buying or carrying margin stock, and no proceeds of the Loans Loan will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 1 contract

Samples: Credit Agreement (Recro Pharma, Inc.)

Regulations U and X. None of the Borrower or any Subsidiary is engaged in the business of extending credit for the purpose of buying or carrying margin stock, and no proceeds of the Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.. 44 NY: 1219514-6- -

Appears in 1 contract

Samples: Credit Agreement (Verrica Pharmaceuticals Inc.)

Regulations U and X. None of the No Borrower or any Subsidiary of a Borrower is engaged in the business of extending credit for the purpose of buying purchasing or carrying margin stock, and no proceeds of the Loans any Credit Extensions will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section 6.14 with such meanings.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sterling Chemicals Inc)

Regulations U and X. None of the Parent, the Borrower or any Subsidiary is engaged in the business of extending credit for the purpose of buying or carrying margin stock, and no proceeds of the Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 1 contract

Samples: Credit Agreement (TriSalus Life Sciences, Inc.)

Regulations U and X. None of Neither the Borrower or nor any Subsidiary is engaged in the business of extending credit for the purpose of buying purchasing or carrying margin stock, and no use of any proceeds of the Loans any Credit Extensions will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, violate F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 1 contract

Samples: Credit Agreement (Regal Cinemas Inc)

Regulations U and X. None of the Borrower Parent or any Subsidiary is engaged in the business of extending credit for the purpose of buying or carrying margin stock, and no proceeds of the Loans will be used to purchase or carry margin stock or otherwise for a purpose which violates, or would be inconsistent with, F.R.S. Board Regulation U or Regulation X. Terms for which meanings are provided in F.R.S. Board Regulation U or Regulation X or any regulations substituted therefor, as from time to time in effect, are used in this Section with such meanings.

Appears in 1 contract

Samples: Credit Agreement (MDxHealth SA)

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