Common use of Authorization and Validity Clause in Contracts

Authorization and Validity. 44 5.3. No Conflict; Government Consent.............................45 5.4. Financial Statements........................................45 5.5. Material Adverse Change.....................................45 5.6. Taxes.......................................................45 5.7. Litigation and Contingent Obligations.......................46 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................46

Authorization and Validity. 44 55 5.3. No Conflict; Government Consent.............................45 ......................................55 5.4. Financial Statements........................................45 .................................................56 5.5. Material Adverse Change.....................................45 ..............................................56 5.6. Taxes.......................................................45 ................................................................56 5.7. Litigation and Contingent Obligations.......................46 ................................57 5.8. Subsidiaries................................................46 .........................................................57 -ii- 5.9. ERISA.......................................................46................................................................57 5.10. Accuracy of Information..............................................57 5.11. Regulation U.........................................................58

Authorization and Validity. 44 23 5.3. No Conflict; Government Consent.............................45 ................................................................23 5.4. Financial Statements........................................45 ...........................................................................23 5.5. Material Adverse Change.....................................45 Effect........................................................................24 5.6. Taxes.......................................................45 ..........................................................................................24 5.7. Litigation and Contingent Obligations.......................46 Litigation.....................................................................................24 5.8. Subsidiaries................................................46 ...................................................................................24 5.9. ERISA.......................................................46..........................................................................................24 5.10. Accuracy of Information........................................................................25 5.11. Regulation U...................................................................................25 5.12. Material Agreements............................................................................25 5.13.

Authorization and Validity. 44 47 5.3. No Conflict; Government Consent.............................45 ..................................47 5.4. Financial Statements........................................45 .............................................48 5.5. Material Adverse Change.....................................45 ..........................................48 5.6. Taxes.......................................................45 ............................................................48 5.7. Litigation and Contingent Obligations.......................46 ............................48 5.8. Subsidiaries................................................46 .....................................................49 5.9. ERISA.......................................................46............................................................49 5.10. Accuracy of Information..........................................49 5.11. Regulation U.....................................................49 5.12.

Authorization and Validity. 44 58 5.3. No Conflict; Government Consent.............................45 ...................................58 5.4. Financial Statements........................................45 ..............................................58 5.5. Material Adverse Change.....................................45 ...........................................58 5.6. Taxes.......................................................45 .............................................................59 5.7. Litigation and Contingent Obligations.......................46 .............................59 5.8. Subsidiaries................................................46 ......................................................59 5.9. ERISA.......................................................46.............................................................59 5.10. Accuracy of Information..........................................59 5.11. Regulation U.....................................................60 5.12.

Authorization and Validity. 44 55 5.3. No Conflict; Government Consent.............................45 ............................................................ 55 5.4. Financial Statements........................................45 ....................................................................... 56 5.5. Material Adverse Change.....................................45 .................................................................... 56 5.6. Taxes.......................................................45 ...................................................................................... 56 5.7. Litigation and Contingent Obligations.......................46 ...................................................... 56 5.8. Subsidiaries................................................46 ............................................................................... 56 5.9. ERISA.......................................................46...................................................................................... 56 5.10. Accuracy of Information.................................................................... 57 5.11. Regulation U............................................................................... 57 5.12. Material Agreements........................................................................ 57 5.13.

Authorization and Validity. 44 46 5.3. No Conflict; Government Consent.............................45 ...................................................... 47 5.4. Financial Statements........................................45 ................................................................. 47 5.5. Material Adverse Change.....................................45 .............................................................. 47 5.6. Taxes.......................................................45 ................................................................................ 47 5.7. Litigation and Contingent Obligations.......................46 ................................................ 47 5.8. Subsidiaries................................................46 ......................................................................... 48 5.9. ERISA.......................................................46................................................................................ 48 5.10. Accuracy of Information.............................................................. 48 5.11. Regulation U......................................................................... 48 5.12. Material Agreements.................................................................. 48 5.13.

Authorization and Validity. 44 5.329 6.3. No Conflict; Government Consent.............................45 5.4................................................... 29 6.4. Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6..................................... 29 6.5. Taxes.......................................................45 5.7............................................................................. 29 6.6. Litigation and Contingent Guarantee Obligations.......................46 5.8.............................................. 30 6.7. Subsidiaries................................................46 5.9...................................................................... 30 6.8. ERISA.......................................................46............................................................................. 30 6.9.

Authorization and Validity. 44 5.336 6.3. No Conflict; Government Consent.............................45 5.4................................... 36 6.4. Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6..................... 36 6.5. Taxes.......................................................45 5.7............................................................. 37 6.6. Litigation and Contingent Obligations.......................46 5.8............................. 37 6.7. Subsidiaries................................................46 5.9...................................................... 37 6.8. ERISA.......................................................46............................................................. 37 6.9. Accuracy of Information........................................... 37 6.10. Regulation U...................................................... 37 6.11.

Authorization and Validity. 44 28 5.3. No Conflict; Government Consent.............................45 ............................................................... 28 5.4. Financial Statements........................................45 .......................................................................... 28 5.5. Material Adverse Change.....................................45 5.6. Taxes.......................................................45 5.7. Litigation and Contingent Obligations.......................46 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................46....................................................................... 29 i 3

Authorization and Validity. 44 31 5.3. No Conflict; Government Consent.............................45 Authorizations.........................................31 5.4. Financial Statements........................................45 ................................................31 5.5. Material Adverse Change.....................................45 .............................................31 5.6. Taxes.......................................................45 ...............................................................31 5.7. Litigation and Contingent Obligations.......................46 Litigation..........................................................31 5.8. Subsidiaries................................................46 ........................................................32 5.9. ERISA.......................................................46...............................................................32 5.10. Defaults............................................................32 5.11. Accuracy of Information.............................................32 5.12. Regulation U........................................................32 5.13. Material Agreements.................................................32 5.14. Senior and Subordinated Indebtedness................................32 5.15.

Authorization and Validity. 44 5.3. 35 5.3 No Conflict; Government Consent.............................45 5.4. ....................................35 5.4 Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6. Taxes.......................................................45 5.7. Effect......................35 5.6 Litigation and Contingent Guarantee Obligations.......................46 5.8. ...............................36 5.7 Subsidiaries................................................46 .......................................................36 5.8 ERISA..............................................................36 5.9. ERISA.......................................................46

Authorization and Validity. 44 5.352 6.3. No Conflict; Government Consent.............................45 5.4..........................................................................52 6.4. Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6............................................................53 6.5. Taxes.......................................................45 5.7....................................................................................................53 6.6. Litigation and Contingent Obligations.......................46 5.8....................................................................53 6.7. Subsidiaries................................................46 5.9.............................................................................................53 6.8. ERISA.......................................................46....................................................................................................54 6.9.

Authorization and Validity. 44 29 5.3. No Conflict; Government Consent.............................45 ................................................... 29 5.4. Financial Statements........................................45 .............................................................. 29 5.5. Material Adverse Change.....................................45 ........................................................... 29 5.6. Taxes.......................................................45 Taxes 29 5.7. Litigation and Contingent Obligations.......................46 ............................................. 29 5.8. Subsidiaries................................................46 ...................................................................... 30 5.9. ERISA.......................................................46ERISA 30

Authorization and Validity. 44 47 5.3. No Conflict; Government Consent.............................45 ................................................... 47 5.4. Financial Statements........................................45 .............................................................. 47 5.5. Material Adverse Change.....................................45 ........................................................... 47 5.6. Taxes.......................................................45 ............................................................................. 48 5.7. Litigation and Contingent Obligations.......................46 ............................................. 48 5.8. Subsidiaries................................................46 ...................................................................... 48 5.9. ERISA.......................................................46............................................................................. 48 5.10. Accuracy of Information.......................................................... 49 5.11. Regulation U..................................................................... 49 5.12.

Authorization and Validity. 44 5.3. 32 5.4 No Conflict; Government Consent.............................45 5.4. .................................................... 33 5.5 Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6. ...................................... 33 5.6 Taxes.......................................................45 5.7. .............................................................................. 33 5.7 Litigation and Contingent Guarantee Obligations.......................46 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................46............................................... 33 TABLE OF CONTENTS (CONTINUED)

Authorization and Validity. 44 28 5.3. No Conflict; Government Consent.............................45 ............................... 28 5.4. Financial Statements........................................45 .......................................... 29 5.5. Material Adverse Change.....................................45 ....................................... 29 5.6. Taxes.......................................................45 ......................................................... 29 5.7. Litigation and Contingent Obligations.......................46 ......................... 29 5.8. Subsidiaries................................................46 .................................................. 30 5.9. ERISA.......................................................46......................................................... 30 5.10. Accuracy of Information....................................... 30 5.11. Federal Reserve Regulations................................... 30 5.12.

Authorization and Validity. 44 35 5.3. No Conflict; Government Consent.............................45 Consent ................................ 36 5.4. Financial Statements........................................45 Statements ........................................... 37 5.5. Material Adverse Change.....................................45 Change ........................................ 37 5.6. Taxes.......................................................45 Taxes .......................................................... 37 5.7. Litigation and Contingent Obligations.......................46 Obligations .......................... 37 5.8. Subsidiaries................................................46 Subsidiaries ................................................... 37 5.9. ERISA.......................................................46ERISA .......................................................... 38 5.10. Accuracy of Information ........................................ 38 5.11. Regulations G, T, U and X ...................................... 38 5.12. Material Agreements ............................................ 38 5.13.

Authorization and Validity. 44 29 5.3. No Conflict; Government Consent.............................45 ................................ 29 5.4. Financial Statements........................................45 ........................................... 30 5.5. Material Adverse Change.....................................45 ........................................ 30 5.6. Taxes.......................................................45 .......................................................... 30 5.7. Litigation and Contingent Obligations.......................46 .......................... 30 5.8. Subsidiaries................................................46 ................................................... 30 5.9. ERISA.......................................................46.......................................................... 31 5.10. Accuracy of Information........................................ 31 5.11. Regulation U................................................... 31 5.12.

Authorization and Validity. 44 29 5.3. No Conflict; Government Consent.............................45 ................................................... 29 5.4. Financial Statements........................................45 .............................................................. 30 5.5. Material Adverse Change.....................................45 ........................................................... 30 5.6. Taxes.......................................................45 ............................................................................. 30 5.7. Litigation and Contingent Obligations.......................46 ............................................. 30 5.8. Subsidiaries................................................46 ...................................................................... 31 5.9. ERISA.......................................................46............................................................................. 31 5.10. Accuracy of Information........................................................... 31 5.11. Regulation U...................................................................... 31 5.12. Material Agreements............................................................... 31 5.13. Compliance With Laws, Etc......................................................... 31 5.14.

Authorization and Validity. 44 5.3. 40 5.3 No Conflict; Government Consent.............................45 5.4. ......................................... 40 5.4 Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6. Effect........................... 41 5.5 Taxes.......................................................45 5.7. ................................................................... 41 5.6 Litigation and Contingent Guarantee Obligations.......................46 5.8. .................................... 41 5.7 Subsidiaries................................................46 ............................................................ 41 5.8 ERISA................................................................... 41 5.9. ERISA.......................................................46

Authorization and Validity. 44 5.322 4.3. No Conflict; Government Consent.............................45 5.4.....................22 4.4. Financial Statements........................................45 5.5................................23 4.5. Material Adverse Change.....................................45 5.6Disclosure..........................................23 4.6. Proceedings.........................................23 4.7. ERISA...............................................24 4.8. Environmental.......................................24 4.9. Taxes.......................................................45 5.7...............................................25 4.10. Litigation and Contingent Obligations.......................46 5.8Solvency...........................................25 4.11. Subsidiaries................................................46 5.9. ERISA.......................................................46Compliance with Laws...............................25 4.12.

Authorization and Validity. 44 48 5.3. No Conflict; Government Consent.............................45 ................................ 48 5.4. Financial Statements........................................45 ........................................... 48 5.5. Material Adverse Change.....................................45 ........................................ 48 5.6. Taxes.......................................................45 .......................................................... 49 5.7. Litigation and Contingent Obligations.......................46 .......................... 49 5.8. Subsidiaries................................................46 ................................................... 49 5.9. ERISA.......................................................46.......................................................... 49 5.10. Accuracy of Information........................................ 49 5.11. Regulation U................................................... 50 5.12. Material Agreements............................................ 50 5.13.

Authorization and Validity. 44 20 5.3. No Conflict; Government Consent.............................45 ............................................. 20 5.4. Financial Statements........................................45 ........................................................ 21 5.5. Material Adverse Change.....................................45 ..................................................... 21 5.6. Taxes.......................................................45 ....................................................................... 21 5.7. Litigation and Contingent Obligations.......................46 ....................................... 21 5.8. Subsidiaries................................................46 ................................................................ 21 5.9. ERISA.......................................................46....................................................................... 21 5.10. Accuracy of Information..................................................... 22

Authorization and Validity. 44 47 5.3. No Conflict; Government Consent.............................45 .............................................................. 48 5.4. Financial Statements........................................45 ......................................................................... 48 5.5. Material Adverse Change.....................................45 ...................................................................... 48 5.6. Taxes.......................................................45 ........................................................................................ 48 5.7. Litigation and Contingent Obligations.......................46 ........................................................ 49 5.8. Subsidiaries................................................46 ................................................................................. 49 5.9. ERISA.......................................................46........................................................................................ 49 5.10. Accuracy of Information...................................................................... 49 5.11. Regulation U................................................................................. 49 5.12.

Authorization and Validity. 44 5.3. 40 5.3 No Conflict; Government Consent.............................45 5.4. ......................................41 5.4 Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6. ........................41 5.5 Taxes.......................................................45 5.7. ................................................................41 5.6 Litigation and Contingent Guarantee Obligations.......................46 5.8. .................................41 5.7 Subsidiaries................................................46 5.9. .........................................................42 5.8 ERISA.......................................................46................................................................42 5.9 Accuracy of Information..............................................42 5.10 Regulation U.........................................................42 5.11 Material Agreements..................................................42 5.12

Authorization and Validity. 44 21 5.3. No Conflict; Government Consent.............................45 Consent .................................................21 5.4. Financial Statements........................................45 Statements ............................................................21 5.5. Material Adverse Change.....................................45 Change .........................................................21 5.6. Taxes.......................................................45 Taxes ...........................................................................21 5.7. Litigation and Contingent Obligations.......................46 Liabilities ...........................................22 5.8. Subsidiaries................................................46 Subsidiaries ....................................................................22 5.9. ERISA.......................................................46ERISA ...........................................................................22 5.10. Accuracy of Information .........................................................22 5.11. Regulation U ....................................................................23 5.12.

Authorization and Validity. 44 16 5.3. No Conflict; Government Consent.............................45 ............................... 17 5.4. Financial Statements........................................45 .......................................... 17 5.5. Material Adverse Change.....................................45 ....................................... 17 5.6. Taxes.......................................................45 5.7. Litigation and Contingent Obligations.......................46 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................46......................................................... 17 [CAPTION]

Authorization and Validity. 44 5.320 4.3. No Conflict; Government Consent.............................45 5.4...................................................... 20 4.4. Financial Statements........................................45 5.5................................................................. 20 4.5. Material Adverse Change.....................................45 5.6.............................................................. 20 4.6. Taxes.......................................................45 5.7................................................................................ 20 4.7. Litigation and Contingent Guaranteed Obligations.......................46 5.8................................................ 21 4.8. Subsidiaries................................................46 5.9Group................................................................................ 21 4.9. ERISA.......................................................46................................................................................ 21 4.10. Accuracy of Information.............................................................. 21 4.11. Regulation U......................................................................... 21 4.12. Material Agreements.................................................................. 21

Authorization and Validity. 44 5.349 Section 6.03. No Conflict; Government Consent.............................45 5.4..........................49 Section 6.04. Financial Statements........................................45 5.5.....................................50 Section 6.05. Material Adverse Change.....................................45 5.6. Taxes.......................................................45 5.7. Litigation and Contingent Obligations.......................46 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................46..................................50

Authorization and Validity. 44 43 5.3. No Conflict; Government Consent.............................45 .....................................44 5.4. Financial Statements........................................45 ................................................44 5.5. Material Adverse Change..................................................................................45 5.6. Taxes......................................................................................................................45 5.7. Litigation and Contingent Obligations.......................46 ...............................45 5.8. Subsidiaries................................................46 ........................................................45 5.9. ERISA......................................................................................................................46 5.10. Accuracy of Information.............................................46 5.11. Regulation U........................................................46

Authorization and Validity. 44 46 5.3. No Conflict; Government Consent.............................45 ............................................................47 5.4. Financial Statements........................................45 .......................................................................47 5.5. Material Adverse Change.....................................45 ....................................................................47 5.6. Taxes.......................................................45 ......................................................................................47 5.7. Litigation and Contingent Obligations.......................46 ......................................................47 5.8. Subsidiaries................................................46 ...............................................................................48 5.9. ERISA.......................................................46Accuracy of Information....................................................................48 5.10. Regulation U...............................................................................48 5.11. Material Agreements........................................................................48

Authorization and Validity. 44 26 5.3. No Conflict; Government Consent.............................45 ................................... 26 5.4. Financial Statements........................................45 .............................................. 27 5.5. Material Adverse Change.....................................45 ........................................... 27 5.6. Taxes.......................................................45 ............................................................. 27 5.7. Litigation and Contingent Obligations.......................46 ............................. 27 5.8. Subsidiaries................................................46 ...................................................... 28 5.9. ERISA.......................................................46............................................................. 28 5.10. Accuracy of Information........................................... 28 5.11. Regulation U...................................................... 28 5.12.

Authorization and Validity. 44 35 5.3. No Conflict; Government Consent.............................45 Consent ...............................35 5.4. Financial Statements........................................45 Statements ..........................................36 5.5. Material Adverse Change.....................................45 Change .......................................36 5.6. Taxes.......................................................45 Taxes .........................................................36 5.7. Litigation and Contingent Obligations.......................46 Obligations .........................36 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................46Subsidiaries ..................................................36 TABLE OF CONTENTS (continued) Page ----

Authorization and Validity. 44 5.3. 36 6.3 No Conflict; Government Consent.............................45 5.4. Consent ..................................36 6.4 Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6. Taxes.......................................................45 5.7. Litigation and Contingent Obligations.......................46 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................46Change ....................36 6.5 Taxes ............................................................36 6.6

Authorization and Validity. 44 5.3. 23 5.3 No Conflict; Government Consent.............................45 5.4. ....................................23 5.4 Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6. Effect......................23 5.5 Taxes.......................................................45 5.7. ..............................................................24 5.6 Litigation and Contingent Guarantee Obligations.......................46 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................46...............................24 5.7

Authorization and Validity. 44 49 5.3. No Conflict; Government Consent.............................45 ............................................ 49 5.4. Financial Statements........................................45 ....................................................... 50 5.5. Material Adverse Change.....................................45 .................................................... 50 5.6. Taxes.......................................................45 ...................................................................... 50 5.7. Litigation and Contingent Obligations.......................46 ...................................... 50 5.8. Subsidiaries................................................46 ............................................................... 50 5.9. ERISA.......................................................46...................................................................... 51 5.10. Accuracy of Information................................................... 51 5.11. Regulation U.............................................................. 51 5.12.

Authorization and Validity. 44 5.3. 40 6.3 No Conflict; Government Consent.............................45 5.4. ....................................................................40 6.4 Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6. ......................................................40 6.5 Taxes.......................................................45 5.7. ..............................................................................................41 6.6 Litigation and Contingent Guarantee Obligations.......................46 5.8. ...............................................................41 6.7 Subsidiaries................................................46 5.9. .......................................................................................41 6.8 ERISA.......................................................46..............................................................................................41 6.9

Authorization and Validity. 44 5.3. 50 6.3 No Conflict; Government Consent.............................45 5.4. .......................................................................50 6.4 Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6. .........................................................51 6.5 Taxes.......................................................45 5.7. Litigation and Contingent Obligations.......................46 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................46.................................................................................................51 6.6

Authorization and Validity. 44 49 5.3. No Conflict; Government Consent.............................45 ...................................................49 5.4. Financial Statements........................................45 ..............................................................50 5.5. Material Adverse Change.....................................45 ...........................................................50 5.6. Taxes.......................................................45 .............................................................................50 5.7. Litigation and Contingent Obligations.......................46 .............................................51 5.8. Subsidiaries................................................46 ......................................................................51 5.9. ERISA.......................................................46Accuracy of Information...........................................................51 5.10. Regulation U......................................................................51 5.11.

Authorization and Validity. 44 5.339 6.3. No Conflict; Government Consent.............................45 5.4.......................................................................39 6.4. Financial Statements........................................45 5.5..................................................................................39 6.5. Material Adverse Change.....................................45 5.6...............................................................................40 6.6. Taxes.......................................................45 5.7.................................................................................................40 6.7. Litigation and Contingent Guarantee Obligations.......................46 5.8..................................................................40 6.8. Subsidiaries................................................46 5.9..........................................................................................40 6.9. ERISA.......................................................46.................................................................................................40 6.10. Accuracy of Information...............................................................................40 6.11. Regulation U..........................................................................................41 6.12.

Authorization and Validity. 44 26 5.3. No Conflict; Government Consent.............................45 ............................. 26 5.4. Financial Statements........................................45 ........................................ 26 5.5. Material Adverse Change.....................................45 ..................................... 27 5.6. Taxes.......................................................45 ....................................................... 27 5.7. Litigation and Contingent Obligations.......................46 ....................... 27 5.8. Subsidiaries................................................46 ................................................ 27 5.9. ERISA.......................................................46....................................................... 27 5.10. Accuracy of Information..................................... 27 5.11. Regulation U................................................ 27 5.12.

Authorization and Validity. 44 52 5.3. No Conflict; Government Consent.............................45 ......................................... 52 5.4. Financial Statements........................................45 .................................................... 52 5.5. Material Adverse Change.....................................45 ................................................. 53 5.6. Taxes.......................................................45 ................................................................... 53 5.7. Litigation and Contingent Obligations.......................46 ................................... 53 5.8. Subsidiaries................................................46 ............................................................ 53 5.9. ERISA.......................................................46................................................................... 53 5.10. Accuracy of Information................................................. 54 5.11. Regulations T, U, and X................................................. 54 5.12. Material Agreements; Restrictions on Dividends.......................... 54 5.13.

Authorization and Validity. 44 5.336 6.3. No Conflict; Government Consent.............................45 5.4................................................................. 36 6.4. Financial Statements........................................45 5.5............................................................................ 37 6.5. Material Adverse Change.....................................45 5.6......................................................................... 37 6.6. Taxes.......................................................45 5.7........................................................................................... 37 6.7. Litigation and Contingent Guarantee Obligations.......................46 5.8............................................................ 37 6.8. Subsidiaries................................................46 5.9.................................................................................... 37 6.9. ERISA.......................................................46........................................................................................... 38 6.10. Accuracy of Information......................................................................... 38 TABLE OF CONTENTS (continued) Page

Authorization and Validity. 44 5.3. 34 5.3 No Conflict; Government Consent.............................45 5.4. ....................................35 5.4 Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6. Effect......................35 5.5 Taxes.......................................................45 5.7. ..............................................................35 5.6 Litigation and Contingent Guarantee Obligations.......................46 5.8. ...............................35 5.7 Subsidiaries................................................46 .......................................................36 5.8 ERISA..............................................................36 5.9. ERISA.......................................................46

Authorization and Validity. 44 29 5.3. No Conflict; Government Consent.............................45 ...................................30 5.4. Financial Statements........................................45 ..............................................30 5.5. Material Adverse Change.....................................45 Taxes.............................................................30 5.6. Taxes.......................................................45 5.7. Litigation and Contingent Obligations.......................46 .............................30 5.7. Subsidiaries......................................................31 5.8. Subsidiaries................................................46 ERISA.............................................................31 5.9. ERISA.......................................................46Accuracy of Information...........................................31 5.10. Regulation U......................................................31 5.11. Material Agreements...............................................31 5.12.

Authorization and Validity. 44 28 5.3. No Conflict; Government Consent.............................45 ................................................................29 5.4. Financial Statements........................................45 ...........................................................................29 5.5. Material Adverse Change.....................................45 ........................................................................29 5.6. Taxes.......................................................45 ..........................................................................................30 5.7. Litigation and Contingent Obligations.......................46 ..........................................................30 5.8. Subsidiaries................................................46 ...................................................................................30 5.9. ERISA.......................................................46..........................................................................................30 5.10. Accuracy of Information........................................................................30 5.11. Federal Reserve Regulations....................................................................31 5.12. Material Agreements............................................................................31 5.13.

Authorization and Validity. 44 5.3. 23 5.3 No Conflict; Government Consent.............................45 5.4. ....................................23 5.4 Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6. Effect......................24 5.5 Taxes.......................................................45 5.7. ..............................................................24 5.6 Litigation and Contingent Guarantee Obligations.......................46 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................46...............................24 5.7

Authorization and Validity. 44 43 5.3. No Conflict; Government Consent.............................45 .................................. 43 5.4. Financial Statements........................................45 5.5. ; Material Adverse Change.....................................45 5.6.................... 44 5.5. Taxes.......................................................45 5.7............................................................ 44 5.6. Litigation and Contingent Guarantee Obligations.......................46 ............................. 44 5.7. Subsidiaries..................................................... 44 5.8. Subsidiaries................................................46 ERISA............................................................ 45 5.9. ERISA.......................................................46.

Authorization and Validity. 44 26 5.3. No Conflict; Government Consent.............................45 ...................................... 26 5.4. Financial Statements........................................45 ................................................. 27 5.5. Material Adverse Change.....................................45 .............................................. 27 5.6. Taxes.......................................................45 ................................................................ 27 5.7. Litigation and Contingent Obligations.......................46 ................................ 27 5.8. Subsidiaries................................................46 ......................................................... 27 5.9. ERISA.......................................................46................................................................ 27 5.10. Accuracy of Information.............................................. 28 5.11. Regulation U......................................................... 28 5.12.

Authorization and Validity. 44 30 5.3. No Conflict; Government Consent.............................45 ...................................... 30 5.4. Financial Statements........................................45 ................................................. 31 5.5. Material Adverse Change.....................................45 .............................................. 31 5.6. Taxes.......................................................45 ................................................................ 31 5.7. Litigation and Contingent Obligations.......................46 ................................ 31 5.8. Subsidiaries................................................46 ......................................................... 32 5.9. ERISA.......................................................46................................................................ 32 5.10. Defaults............................................................. 32 5.11. Regulation U......................................................... 32 5.12. Material Agreements.................................................. 32 5.13.

Authorization and Validity. 44 26 5.3. No Conflict; Government Consent.............................45 .....................................26 5.4. Financial Statements........................................45 ................................................27 5.5. Material Adverse Change.....................................45 .............................................27 5.6. Taxes.......................................................45 ...............................................................27 5.7. Litigation and Contingent Obligations.......................46 ...............................27 5.8. Subsidiaries................................................46 ERISA...............................................................28 5.9. ERISA.......................................................46Accuracy of Information.............................................28 5.10. Regulation U........................................................29 5.11.

Authorization and Validity. 44 5.3. 4.3 No Conflict; , Government Consent.............................45 5.4. Consent ................................ 44 4.4 Financial Statements........................................45 5.5. --Material Adverse Change.....................................Change .................. 45 5.6. Taxes.......................................................4.5 Tax ............................................................ 45 5.7. Litigation and Contingent Obligations.......................46 5.8. Subsidiaries................................................46 5.9. ERISA.......................................................464.6

Authorization and Validity. 44 29 5.3. No Conflict; Government Consent.............................45 ..................................................................29 5.4. Financial Statements........................................45 .............................................................................29 5.5. Material Adverse Change.....................................45 ..........................................................................29 5.6. Taxes.......................................................45 ............................................................................................29 5.7. Litigation and Contingent Obligations.......................46 ............................................................29 5.8. Subsidiaries................................................46 .....................................................................................30 5.9. ERISA.......................................................46............................................................................................30 5.10. Accuracy of Information..........................................................................30 5.11. Regulation U.....................................................................................30 5.12.

Authorization and Validity. 44 5.3. 38 4.3 No Conflict; , Government Consent.............................45 5.4. ................................. 38 4.4 Financial Statements........................................45 5.5. Statements-- Material Adverse Change.....................................45 5.6. Taxes.......................................................45 5.7. .................. 39 4.5 Tax............................................................. 39 4.6 Litigation and Contingent Obligations.......................46 5.8. ........................... 39 4.7 Subsidiaries................................................46 5.9. .................................................... 39 4.8 ERISA.......................................................46........................................................... 39 4.9

Authorization and Validity. 44 45 5.3. No Conflict; Government Consent.................................................................................45 5.4. Financial Statements.......................................................................................................45 5.5. Material Adverse Change.................................................................................................45 5.6. Taxes.......................................................45 ..............................................................................46 5.7. Litigation and Contingent Obligations.......................Liabilities..............................................46 5.8. Subsidiaries.......................................................................................................................46 5.9. ERISA.......................................................46..............................................................................46 5.10

Authorization and Validity. 44 28 5.3. No Conflict; Government Consent.............................45 ................................28 5.4. Financial Statements........................................45 5.5. Material Adverse Change.....................................45 5.6........................................28 5.5. Taxes.......................................................45 5.7..........................................................28 5.6. Litigation and Contingent Obligations.......................46 ..........................29 5.7. Subsidiaries...................................................29 5.8. Subsidiaries................................................46 ERISA..........................................................29 5.9. ERISA.......................................................46Accuracy of Information........................................29 5.10. Regulation U...................................................29 5.11.

Authorization and Validity. 44 35 5.3. No Conflict; Government Consent.............................45 .......................................................................36 5.4. Financial Statements........................................45 5.5. Material Adverse Change.....................................45 5.6...............................................................................36 5.5. Taxes.......................................................45 5.7.................................................................................................36 5.6. Litigation and Contingent Guarantee Obligations.......................46 ..................................................................36 5.7. Subsidiaries..........................................................................................36 5.8. Subsidiaries................................................46 ERISA.................................................................................................37 5.9. ERISA.......................................................46Accuracy of Information...............................................................................37 5.10. Regulation U..........................................................................................37 5.11.

Authorization and Validity. 44 68 5.3. No Conflict; Government Consent.............................45 ................................................................68 5.4. Financial Statements........................................45 ...........................................................................68 5.5. Material Adverse Change.....................................45 ........................................................................68 5.6. Taxes.......................................................45 ..........................................................................................69 5.7. Litigation and Contingent Obligations.......................46 Litigation.....................................................................................69 5.8. Subsidiaries................................................46 ...................................................................................69 5.9. ERISA.......................................................46..........................................................................................69 5.10. Full Disclosure................................................................................70 5.11.

Authorization and Validity. 44 51 5.3. No Conflict; Government Consent.............................45 ................................. 51 5.4. Financial Statements........................................45 ............................................ 52 5.5. Material Adverse Change.....................................45 ......................................... 52 5.6. Taxes.......................................................45 ........................................................... 52 5.7. Litigation and Contingent Obligations.......................46 ........................... 52 5.8. Subsidiaries................................................46 .................................................... 52 5.9. ERISA.......................................................46........................................................... 53 5.10. Accuracy of Information......................................... 53 5.11. Regulation U.................................................... 53 5.12. Material Agreements; Restrictions on Dividends.................. 53 5.13.

Authorization and Validity. 44 5.3. 41 5.3 No Conflict; Government Consent.............................45 5.4. ..................................42 5.4 Financial Statements........................................45 5.5. .............................................42 5.5 Material Adverse Change.....................................45 5.6. ..........................................42 5.6 Taxes.......................................................45 5.7. ............................................................42 5.7 Litigation and Contingent Obligations.......................46 5.8. ............................42 5.8 Subsidiaries................................................46 5.9. .....................................................43 5.9 ERISA.......................................................46............................................................43 5.10

Authorization and Validity. 44 27 5.3. No Conflict; Government Consent.............................45 .....................................................27 5.4. Financial Statements........................................45 ................................................................27 5.5. Material Adverse Change.....................................45 .............................................................27 5.6. Taxes.......................................................45 ...............................................................................27 5.7. Litigation and Contingent Obligations.......................46 ...............................................28 5.8. Subsidiaries................................................46 ........................................................................28 5.9. ERISA.......................................................46...............................................................................28 5.10. Accuracy of Information.............................................................29 5.11. Margin Stock Regulations............................................................29 5.12.

Authorization and Validity. 44 46 5.3. No Conflict; Government Consent.............................45 .........................................................................47 5.4. Financial Statements........................................45 ....................................................................................47 5.5. Material Adverse Change.....................................45 .................................................................................47 5.6. Taxes.......................................................45 ...................................................................................................47 5.7. Litigation and Contingent Obligations.......................46 ...................................................................48 5.8. Subsidiaries................................................46 ............................................................................................48 5.9. ERISA.......................................................46...................................................................................................48 5.10. Accuracy of Information................................................................................48 5.11. Regulation U...........................................................................................48 5.12. Material Agreements....................................................................................48 5.13.

Authorization and Validity. 44 5.3. 27 5.3 No Conflict; Government Consent.............................45 5.4. ............................................................... 28 5.4 Financial Statements........................................45 5.5. .......................................................................... 28 5.5 Material Adverse Change.....................................45 5.6. ....................................................................... 28 5.6 Taxes.......................................................45 5.7. ......................................................................................... 28 5.7 Litigation and Contingent Obligations.......................46 5.8. ......................................................... 29 5.8 Subsidiaries................................................46 5.9. .................................................................................. 29 5.9 ERISA.......................................................46......................................................................................... 29 5.10 Accuracy of Information....................................................................... 29 5.11 Regulation U.................................................................................. 29

Authorization and Validity. 44 5.3. 50 6.3 No Conflict; Government Consent.............................45 5.4. ................................................................50 6.4 Financial Statements........................................45 5.5. ...........................................................................50 6.5 Material Adverse Change.....................................45 5.6. ........................................................................51 6.6 Taxes.......................................................45 5.7. ..........................................................................................51 6.7 Litigation and Contingent Obligations.......................46 5.8. ..........................................................51 6.8 Subsidiaries................................................46 5.9. ...................................................................................51 6.9 ERISA.......................................................46..........................................................................................51 6.10 Accuracy of Information........................................................................52 6.11 Regulation U...................................................................................52 6.12

Authorization and Validity. 44 30 5.3. No Conflict; Government Consent.............................45 ..................................30 5.4. Financial Statements........................................45 .............................................30 5.5. Material Adverse Change.....................................45 ..........................................31 5.6. Taxes.......................................................45 ............................................................31 5.7. Litigation and Contingent Obligations.......................46 ............................31 5.8. Subsidiaries................................................46 .....................................................31 5.9. ERISA.......................................................46............................................................31 5.10. Accuracy of Information..............................................31 5.11. Regulations S, T, U and X............................................31 5.12. Material Agreements..................................................32 5.13.