Common use of Regulations U and X Clause in Contracts

Regulations U and X. None of the Loan proceeds shall be used directly or indirectly for the purpose of purchasing or carrying any margin stock in violation of the provisions of Regulation U and Regulation X of the Board of Governors of the Federal Reserve System.

Appears in 15 contracts

Samples: Loan Agreement (Command Center, Inc.), Loan Agreement (Command Center, Inc.), Security Agreement (Patriot Transportation Holding, Inc.)

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Regulations U and X. None of the Loan Loan(s) proceeds shall be used directly or indirectly for the purpose of purchasing or carrying any margin stock in violation of the provisions of Regulation U and Regulation X of the Board of Governors of the Federal Reserve System.

Appears in 3 contracts

Samples: Loan Agreement (Synalloy Corp), Loan Agreement (Applied Optoelectronics, Inc.), Loan Agreement (Synalloy Corp)

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Regulations U and X. None of the Loan loan proceeds shall be used directly or indirectly for the purpose of purchasing or carrying any margin stock in violation of the provisions of Regulation U and Regulation X of the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Loan Agreement (Broad Street Realty, Inc.)

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