Document ID: 13233

Text:
8L. Federal Reserve Regulations . Neither the Issuer, nor any agent acting on behalf of the Issuer, has taken any action which might cause this Agreement or the Notes to violate Regulation U, Regulation T or any other regulation of the Board or to violate the Exchange Act , in each case as in effect now or as the same may hereafter be in effect. The Issuer is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock and the aggregate market value of all margin stock owned by the Issuer and its Subsidiaries does not exceed 10% of the aggregate value of the assets thereof, as determined by any reasonable method. None of the proceeds from the sale of any Notes will be used to finance a Hostile Tender Offer.

Named Entities:
34
35
Regulation
37
38
Regulation
50
51
Act
119
120
Percentage

Tokenized Text:
8L
.
Federal
Reserve
Regulations
.
Neither
the
Issuer
,
nor
any
agent
acting
on
behalf
of
the
Issuer
,
has
taken
any
action
which
might
cause
this
Agreement
or
the
Notes
to
violate
Regulation
U
,
Regulation
T
or
any
other
regulation
of
the
Board
or
to
violate
the
Exchange
Act
,
in
each
case
as
in
effect
now
or
as
the
same
may
hereafter
be
in
effect
.
The
Issuer
is
not
engaged
principally
,
or
as
one
of
its
important
activities
,
in
the
business
of
extending
credit
for
the
purpose
of
purchasing
or
carrying
margin
stock
and
the
aggregate
market
value
of
all
margin
stock
owned
by
the
Issuer
and
its
Subsidiaries
does
not
exceed
10
%
of
the
aggregate
value
of
the
assets
thereof
,
as
determined
by
any
reasonable
method
.
None
of
the
proceeds
from
the
sale
of
any
Notes
will
be
used
to
finance
a
Hostile
Tender
Offer
.