Common use of Use of Bond Proceeds Clause in Contracts

Use of Bond Proceeds. The Company will use the proceeds of the Bonds for the purposes set forth in the Operative Documents. No part of the proceeds of the Bonds will be used, whether directly or indirectly, for any purpose that would violate any rule or regulation of the Board of Governors of the Federal Reserve System, including Regulations T, U or X.

Use of Bond Proceeds. The Company will use used the proceeds of the Bonds for the purposes set forth in the Operative Documents. No part of the proceeds of the Bonds will be were used, whether directly or indirectly, for any purpose that would violate violated any rule or regulation of the Board of Governors of the Federal Reserve System, including Regulations T, U or X.