“CFTC” means the Commodity Futures Trading Commission.

Margin Regulations. The Company will not, nor will it permit any Subsidiary to, use all or any portion of the proceeds of any credit extended under this Agreement to purchase or carry Margin Stock.

Margin Regulations. The use of all funds acquired by [[Organization C:Organization]] under this Agreement will not conflict with or contravene any of Regulations T, U or X promulgated by the Board of Governors of the Federal Reserve System as the same may from time to time be amended, supplemented or otherwise modified.

Securitisation Regulations. Upon request by a Purchaser or the Subordinated Lender, the Seller shall promptly provide each Purchaser or the Subordinated Lender, as applicable, with such information relating to the Purchased Receivables and the transactions under the Transaction Documents as any Purchaser or the Subordinated Lender may from time to time reasonably request in order to enable such Purchaser (in its capacity as Purchaser or as a sponsor) or the Subordinated Lender, as applicable, to comply with any and all applicable requirements of [Article 5] and/or [Article 7] of each Securitisation Regulation and any other due diligence provision or transparency

No part of the proceeds of any Loan hereunder will be used directly or indirectly for any purpose which violates the provisions of Regulation T, U or X of the FRB as now and from time to time hereafter in effect. The Credit Parties and their Subsidiaries taken as a group do not own “margin stock” except as identified in the financial statements referred to in Section 7.01 and the aggregate value of all “margin stock” owned by the Credit Parties and their Subsidiaries taken as a group does not exceed 25% of the value of their assets.

No part of any Advance (or the proceeds thereof) will be used to purchase or carry any Margin Stock or to extend credit for the purpose of purchasing or carrying any Margin Stock. Neither the making of any Advance nor the use of the proceeds thereof will violate the provisions of Regulation T, U or X of the Board of Governors of the Federal Reserve System.

Governmental Regulations. The Company’s obligation to sell and deliver Common Stock under the Plan is subject to obtaining all governmental approvals required in connection with the authorization, issuance, or sale of such stock.

Margin Regulations. None of the Transactions will violate or result in a violation of Regulations T, U and X of the Board of Governors.

Margin Regulations. The ​ is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), extending credit for the purpose of purchasing or carrying margin stock or refunding indebtedness originally incurred for such purpose, in each case in violation of, or for a purpose which violates, or would be inconsistent with, Regulation T, U or X of the FRB. Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25% of the value of the assets (either of the ​ only or of the ​ and its Subsidiaries on a Consolidated basis) subject to the provisions of [Section 7.01] or [Section 7.05] or subject to any restriction contained in any agreement or instrument between the ​ and any [[Organization A:Organization]] or any Affiliate of any [[Organization A:Organization]] relating to Indebtedness and within the scope of [Section 8.01(e)] will be margin stock.

“Swap” shall mean any “swap” as defined in [Section 1a(47)] of the CEA and regulations thereunder other than # a swap entered into on, or subject to the rules of, a board of trade designated as a contract market under [Section 5] of the CEA, or # a commodity option entered into pursuant to CFTC Regulation 32.3(a).