Common use of Regulations U and X Clause in Contracts

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

Appears in 8 contracts

Samples: Credit Agreement (CHS Inc), Credit Agreement (CHS Inc), Credit Agreement (CHS Inc)

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Regulations U and X. No portion of any Advance will is to be used used, and no portion of any Letter of Credit is to be obtained, for the purpose of purchasing, carrying, purchasing or making loans to finance the purchase of, carrying any “margin security” or “margin stock” as such terms are used in Regulations U or and X of the Board of Governors of the Federal Reserve System, 12 C.F.R. Parts 221 and 224.

Appears in 4 contracts

Samples: Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Ultimate Electronics Inc)

Regulations U and X. No portion of any Advance or Letter of Credit will be used for the purpose of purchasing, carrying, or making loans to finance the purchase of, any “margin security” or “margin stock” as such terms are used in Regulations U or X of the Board of Governors of the Federal Reserve System, 12 C.F.R. Parts 221 and 224.

Appears in 4 contracts

Samples: Credit Agreement (CHS Inc), Credit Agreement (CHS Inc), Credit Agreement (CHS Inc)

Regulations U and X. No portion of any Advance will be used for the purpose of purchasing, carrying, or making loans to finance the purchase of, any "margin security" or "margin stock" as such terms are used in Regulations U or X of the Board of Governors of the Federal Reserve System, 12 C.F.R. Parts 221 and 224.

Appears in 4 contracts

Samples: Credit Agreement (Pilgrims Pride Corp), Credit Agreement (Cenex Harvest States Cooperatives), Credit Agreement (Pilgrims Pride Corp)

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

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Centerline Holding Co), Warehousing Credit and Security Agreement (Centerline Holding Co)

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Regulations U and X. No portion of any 3-Year Advance will be used for the purpose of purchasing, carrying, or making loans to finance the purchase of, any "margin security" or "margin stock" as such terms are used in Regulations U or X of the Board of Governors of the Federal Reserve System, 12 C.F.R. Parts 221 and 224.

Appears in 1 contract

Samples: Credit Agreement (Champps Entertainment Inc)

Regulations U and X. No portion of any Advance will is to be used used, and no portion of any Letter of Credit is to be obtained, for the purpose of purchasing, carrying, purchasing or making loans to finance the purchase of, carrying any "margin security" or "margin stock" as such terms are used in Regulations U or and X of the Board of Governors of the Federal Reserve System, 12 C.F.R. Parts 221 and 224.

Appears in 1 contract

Samples: Loan and Security Agreement (Ultimate Electronics Inc)

Regulations U and X. No portion of any Advance will is to be used used, and no portion of any Letter of Credit is to be obtained, for the purpose of purchasing, carrying, purchasing or making loans to finance the purchase of, carrying any “margin security” or “margin stock” as such terms are used in Regulations U or and X of the Board of Governors of the Federal Reserve System, 12 C.F.R. Parts 221 and 224.. 77

Appears in 1 contract

Samples: Loan and Security Agreement (West Marine Inc)

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