Common use of Capital Adequacy Clause in Contracts

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. 15 Section 3.04. Payments ..................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. Payment on Non-Business Days ................................. 16 Section 3.07. Interest ..................................................... 16 Section 3.08.

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. 15 Deductions. .............................14 Section 3.04. Payments ..................................................... 16 Payments. ................................................15 Section 3.05. Computations ................................................. 16 Computations. ............................................15 Section 3.06. Payment on Non-Business Days ................................. 16 Days. ............................15 Section 3.07. Interest ..................................................... Interest. ................................................16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. 15 Deductions.............................13 Section 3.04. Payments ..................................................... 16 3.04 Payments................................................14 Section 3.05. Computations ................................................. 16 3.05 Computations............................................14 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days............................14 Section 3.07 Interest................................................15 Section 3.08 Replacement of Borrower.................................16 Section 3.07. Interest ..................................................... 16 Section 3.08.3.09

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. Deductions...............................15 Section 3.04. Payments ..................................................... Payments..................................................16 Section 3.05. Computations ................................................. Computations..............................................16 Section 3.06. Payment on Non-Business Days ................................. Days..............................16 Section 3.07. Interest ..................................................... Interest..................................................16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions...............................14 Section 3.04. Payments ..................................................... 16 Payments..................................................15 Section 3.05. Computations ................................................. 16 Computations..............................................15 Section 3.06. Payment on Non-Business Days ................................. 16 Days..............................15 Section 3.07. Interest ..................................................... 16 Interest..................................................15 Section 3.08.. Replacement of Borrower...................................17 Section 3.09. Funding Loss Indemnification..............................17 Section 3.10. Illegality................................................17

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions. ................................................................14 Section 3.04. Payments ..................................................... 16 Payments. ...................................................................................14 Section 3.05. Computations ................................................. 16 Computations. ...............................................................................14 Section 3.06. Payment on Non-Business Days ................................. 16 Days. ...............................................................15 Section 3.07. Interest ..................................................... Interest. ...................................................................................15 Section 3.08. Replacement of Borrower. ....................................................................16 Section 3.08.3.09. Funding Loss Indemnification. ...............................................................16 Section 3.10. Illegality. .................................................................................16

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions...........................................14 Section 3.04. Payments ..................................................... 16 Payments..............................................................14 Section 3.05. Computations ................................................. 16 Computations..........................................................14 Section 3.06. Payment on Non-Business Days ................................. 16 Days..........................................14 Section 3.07. Interest ..................................................... Interest..............................................................15 Section 3.08. Replacement of Borrower...............................................16 Section 3.08.3.09. Funding Loss Indemnification..........................................16 Section 3.10. Illegality............................................................17

Capital Adequacy. 14 15 Section 3.03. Payments Free of Deductions .................................. Deductions............................................................ 15 Section 3.04. Payments ..................................................... Payments............................................................................... 16 Section 3.05. Computations ................................................. Computations........................................................................... 16 Section 3.06. Payment on Non-Business Days ................................. Days........................................................... 16 Section 3.07. Interest ..................................................... 16 Interest............................................................................... 17 Section 3.08.. Replacement of Borrower................................................................ 18 Section 3.09. Funding Loss Indemnification........................................................... 18 Section 3.10. Illegality............................................................................. 19

Capital Adequacy. 14 Section 3.03. 3.3 Payments Free of Deductions .................................. Deductions.............................. 15 Section 3.04. Payments ..................................................... 16 Section 3.05. Computations 3.4 Payments................................................. 16 Section 3.06. 3.5 Computations............................................. 16 Section 3.6 Payment on Non-Business Days ................................. Days............................. 16 Section 3.07. Interest ..................................................... 3.7 Interest................................................. 16 Section 3.08.3.8

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. ................................. 15 Section 3.04. Payments ..................................................... .................................................... 16 Section 3.05. Computations ................................................. ................................................ 16 Section 3.06. Payment on Non-Business Days ................................. ................................ 16 Section 3.07. Interest ..................................................... .................................................... 16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions.............................14 Section 3.04 Payments................................................15 Section 3.04. Payments ..................................................... 16 3.05 Computations............................................15 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. 16 Days............................15 Section 3.07. Interest ..................................................... 16 3.07 Interest................................................15 Section 3.08.3.08 Replacement of Borrower.................................17 Section 3.09 Funding Loss Indemnification............................17 Section 3.10 Illegality..............................................17 ARTICLE IV

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions..............................14 Section 3.04. Payments ..................................................... 16 Payments.................................................15 Section 3.05. Computations ................................................. 16 Computations.............................................15 Section 3.06. Payment on Non-Business Days ................................. 16 Days.............................15 Section 3.07. Interest ..................................................... 16 Interest15 Section 3.08.

Capital Adequacy. 14 11 Section 3.03. 3.3 Payments Free of Deductions ................... 11 Section 3.4 Payments ...................................... 12 Section 3.5 Computations .................................. 15 13 Section 3.04. Payments ..................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.6 Payment on Non-Business Days ................................. 16 .................. 13 Section 3.07. 3.7 Interest ..................................................... 16 ...................................... 13 Section 3.08.3.8 Replacement of Borrower ....................... 14 Section 3.9 Funding Loss Indemnification .................. 14 Section 3.10 Illegality ................................... 15 ARTICLE IV

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. ........................... 14 Section 3.04 Payments .............................................. 15 Section 3.04. Payments ..................................................... 16 3.05 Computations .......................................... 15 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. 16 .......................... 15 Section 3.07. 3.07 Interest ..................................................... 16 .............................................. 15 Section 3.08.3.08 Replacement of Borrower ............................... 17 Section 3.09 Funding Loss Indemnification .......................... 17 Section 3.10 Illegality ............................................ 17 ARTICLE IV

Capital Adequacy. 14 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions..............................14 Section 3.04 Payments.................................................15 Section 3.04. Payments ..................................................... 3.05 Computations.............................................16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days.............................16 Section 3.07. Interest ..................................................... 3.07 Interest.................................................16 Section 3.08.

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. ...............................15 Section 3.04. Payments ..................................................... 16 ..................................................15 Section 3.05. Computations ................................................. ..............................................16 Section 3.06. Payment on Non-Business Days ................................. ..............................16 Section 3.07. Interest ..................................................... ..................................................16 Section 3.08.

Capital Adequacy. 14 11 Section 3.03. 3.03 Payments Free of Deductions .................................. 15 Deductions............................ 12 Section 3.04. Payments ..................................................... 16 3.04 Payments............................................... 13 Section 3.05. Computations ................................................. 16 3.05 Computations........................................... 13 Section 3.06. 3.06 Payment on Non-Business Days ................................. 16 Days........................... 13 Section 3.07. Interest ..................................................... 16 3.07 Interest............................................... 13 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions......................................................13 Section 3.04 Payments.........................................................................14 Section 3.05 Computations.....................................................................15 Section 3.04. Payments ..................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days.....................................................15 Section 3.07 Interest.........................................................................15 Section 3.08 Replacement of Borrower..........................................................16 Section 3.07. Interest ..................................................... 3.09 Funding Loss Indemnification.....................................................16 Section 3.08.3.10 Illegality.......................................................................17

Capital Adequacy. 14 15 Section 3.03. Payments Free of Deductions .................................. ............................15 Section 3.04. Payments ..................................................... ...............................................16 Section 3.05. Computations ................................................. ...........................................16 Section 3.06. Payment on Non-Business Days ................................. ...........................16 Section 3.07. Interest ..................................................... 16 ...............................................17 Section 3.08.. Replacement of Borrower ................................18 Section 3.09. Funding Loss Indemnification ...........................18 Section 3.10. Illegality .............................................19

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions............................ 13 Section 3.04. Payments ..................................................... 16 Payments............................................... 14 Section 3.05. Computations ................................................. 16 Computations........................................... 15 Section 3.06. Payment on Non-Business Days ................................. 16 Days........................... 15 Section 3.07. Interest ..................................................... Interest............................................... 15 Section 3.08. Replacement of Borrower................................ 16 Section 3.08.3.09. Funding Loss Indemnification........................... 17 Section 3.10. Illegality............................................. 17 ARTICLE IV - CONDITIONS PRECEDENT Section 4.01. Conditions Precedent to Effectiveness of Section 2.01.. 17 Section 4.02. Conditions Precedent to Borrowing...................... 19

Capital Adequacy. 14 13 Section 3.033.3. Payments Free of Deductions .................................. 15 Deductions............................. 13 Section 3.043.4. Payments ..................................................... 16 Payments................................................ 14 Section 3.053.5. Computations ................................................. 16 Computations............................................ 14 Section 3.063.6. Payment on Non-Business Days Days............................ 14 Section 3.7. Interest................................................ 14 Section 3.8. Replacement of Borrower................................. 16 Section 3.073.9. Interest ..................................................... Funding Loss Indemnification............................ 16 Section 3.08.3.10. Illegality.............................................. 16 TABLE OF CONTENTS (Continued) PAGE ----

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. 15 Deductions................................................................13 Section 3.04. 3.04 Payments ..................................................... 16 14 Section 3.05. 3.05 Computations ................................................. 16 14 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days...............................................................14 Section 3.07 Interest 15 Section 3.08 Replacement of Borrower....................................................................16 Section 3.07. Interest ..................................................... 16 Section 3.08.3.09

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. 15 Deductions...............................14 Section 3.04. Payments ..................................................... 16 3.04 Payments..................................................14 Section 3.05. Computations ................................................. 16 3.05 Computations..............................................14 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days..............................14 Section 3.07 Interest..................................................15 Section 3.08 Replacement of Borrower...................................16 Section 3.07. Interest ..................................................... 16 Section 3.08.3.09

Capital Adequacy. 14 17 Section 3.03. Payments Free of Deductions .................................. 15 ................................ 18 Section 3.04. Payments ..................................................... 16 ................................................... 19 Section 3.05. Computations ................................................. 16 ............................................... 20 Section 3.06. Payment on Non-Business Days ................................. 16 ............................... 20 Section 3.07. Interest ..................................................... 16 ................................................... 20 Section 3.08.. Replacement of Borrower .................................... 22 Section 3.09. Funding Loss Indemnification ............................... 22 Section 3.10. Illegality ................................................. 23 ARTICLE IV

Capital Adequacy. 14 13 Section 3.033.3. Payments Free of Deductions .................................. 15 Deductions...................................13 Section 3.043.4. Payments ..................................................... 16 Payments......................................................14 Section 3.053.5. Computations ................................................. 16 Computations..................................................14 Section 3.063.6. Payment on Non-Business Days ................................. Days..................................14 Section 3.7. Interest......................................................14 Section 3.8. Replacement of Borrower.......................................16 Section 3.073.9. Interest ..................................................... Funding Loss Indemnification..................................16 Section 3.08.3.10. Illegality....................................................17 TABLE OF CONTENTS (Continued)

Capital Adequacy. 14 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions................................................................... 14 Section 3.04 Payments...................................................................................... 15 Section 3.04. Payments ..................................................... 3.05 Computations.................................................................................. 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days.................................................................. 16 Section 3.07. Interest ..................................................... 3.07 Interest...................................................................................... 16 Section 3.08.

Capital Adequacy. 14 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions.............................................................14 Section 3.04 Payments................................................................................15 Section 3.04. Payments ..................................................... 3.05 Computations............................................................................16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days............................................................16 Section 3.07. Interest ..................................................... 3.07 Interest................................................................................16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Section 3.04. Payments ..................................................... 16 Deductions......................13 Section 3.05. Computations ................................................. 16 Computations.....................................14 Section 3.06. Payment on Non-Business Days ................................. 16 Days.....................14 Section 3.07. Interest ..................................................... Interest.........................................14 Section 3.08. Replacement of Borrower..........................16 Section 3.08.3.09. Funding Loss Indemnification.....................16 Section 3.10. Illegality.......................................16

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions...................................................... 13 Section 3.04 Payments......................................................................... 14 Section 3.05 Computations..................................................................... 15 Section 3.04. Payments ..................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days..................................................... 15 Section 3.07 Interest......................................................................... 15 Section 3.08 Replacement of Borrower.......................................................... 16 Section 3.07. Interest 3.09 Funding Loss Indemnification..................................................... 16 Section 3.08.3.10 Illegality....................................................................... 17

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions............................. 13 Section 3.04. Payments ..................................................... 16 Payments................................................ 14 Section 3.05. Computations ................................................. 16 Computations............................................ 14 Section 3.06. Payment on Non-Business Days Days............................ 14 Section 3.07. Interest................................................ 15 Section 3.08. Replacement of Borrower................................. 16 Section 3.073.09. Interest ..................................................... Funding Loss Indemnification............................ 16 Section 3.08.3.10. Illegality.............................................. 17

Capital Adequacy. 14 13 Section 3.03. 3.3 Payments Free of Deductions .................................. 15 Deductions...................................................14 Section 3.04. Payments ..................................................... 16 3.4 Payments......................................................................14 Section 3.05. Computations ................................................. 16 3.5 Computations..................................................................14 Section 3.06. 3.6 Payment on Non-Business Days ................................. Days..................................................15 Section 3.7 Interest......................................................................15 Section 3.8 Replacement of Borrower.......................................................16 Section 3.07. Interest ..................................................... 3.9 Funding Loss Indemnification..................................................16 Section 3.08.3.10 Illegality...................................................................17

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions...............................14 Section 3.04. Payments ..................................................... 16 Payments..................................................15 Section 3.05. Computations ................................................. 16 Computations..............................................15 Section 3.06. Payment on Non-Business Days ................................. Days..............................16 Section 3.07. Interest ..................................................... Interest..................................................16 Section 3.08.

Capital Adequacy. 14 11 Section 3.03. 3.3 Payments Free of Deductions .................................. 15 ........................... 11 Section 3.04. 3.4 Payments ..................................................... 16 .............................................. 12 Section 3.05. 3.5 Computations ................................................. 16 .......................................... 13 Section 3.06. 3.6 Payment on Non-Business Days ................................. 16 .......................... 13 Section 3.07. 3.7 Interest ..................................................... 16 .............................................. 13 Section 3.08.3.8 Replacement of Borrower ............................... 14 Section 3.9 Funding Loss Indemnification .......................... 14 Section 3.10 Illegality ............................................ 15 ARTICLE IV

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions....................................14 Section 3.04. Payments ..................................................... 16 Payments.......................................................14 Section 3.05. Computations ................................................. 16 Computations...................................................14 Section 3.06. Payment on Non-Business Days ................................. 16 Days...................................15 Section 3.07. Interest ..................................................... Interest.......................................................15 Section 3.08. Replacement of Borrower........................................16 Section 3.08.3.09. Funding Loss Indemnification...................................16 Section 3.10. Illegality.....................................................16

Capital Adequacy. 14 11 Section 3.03. 3.3 Payments Free of Deductions .................................. 15 Deductions................................. 12 Section 3.04. Payments ..................................................... 16 3.4 Payments.................................................... 12 Section 3.05. Computations ................................................. 16 3.5 Computations................................................ 13 Section 3.06. 3.6 Payment on Non-Business Days ................................. 16 Days................................ 13 Section 3.07. Interest ..................................................... 16 3.7 Interest.................................................... 13 Section 3.08.3.8 Replacement of Borrower..................................... 14 Section 3.9 Funding Loss Indemnification................................ 14 Section 3.10 Illegality................................................. 15 ARTICLE IV

Capital Adequacy. 14 13 Section 3.033.3. Payments Free of Deductions .................................. 15 Deductions..............................14 Section 3.043.4. Payments ..................................................... 16 Payments.................................................14 Section 3.053.5. Computations ................................................. 16 Computations.............................................14 Section 3.063.6. Payment on Non-Business Days ................................. Days.............................14 Section 3.7. Interest.................................................14 Section 3.8. Replacement of Borrower..................................16 Section 3.073.9. Interest ..................................................... Funding Loss Indemnification.............................16 Section 3.08.3.10. Illegality...............................................16

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. 15 Section 3.04. Payments ..................................................... 16 Deductions............................................14 Section 3.05. Computations ................................................. Computations...........................................................16 Section 3.06. Payment on Non-Business Days ................................. Days...........................................16 Section 3.07. Interest ..................................................... Interest...............................................................16 Section 3.08.

Capital Adequacy. 14 11 Section 3.03. 3.3 Payments Free of Deductions .................................. 15 Deductions................................... 11 Section 3.04. Payments ..................................................... 16 3.4 Payments...................................................... 12 Section 3.05. Computations ................................................. 16 3.5 Computations.................................................. 13 Section 3.06. 3.6 Payment on Non-Business Days ................................. 16 Days.................................. 13 Section 3.07. Interest ..................................................... 16 3.7 Interest...................................................... 13 Section 3.08.3.8 Replacement of Borrower....................................... 14 Section 3.9 Funding Loss Indemnification.................................. 14 Section 3.10 Illegality................................................... 15 ARTICLE IV

Capital Adequacy. 14 11 Section 3.03. 3.3 Payments Free of Deductions .................................. 15 ..................... 11 Section 3.04. 3.4 Payments ..................................................... 16 ........................................ 12 Section 3.05. 3.5 Computations ................................................. 16 .................................... 13 Section 3.06. 3.6 Payment on Non-Business Days ................................. 16 .................... 13 Section 3.07. 3.7 Interest ..................................................... 16 .... ................................... 13 Section 3.08.3.8 Replacement of Borrower ......................... 14 Section 3.9 Funding Loss Indemnification .................... 14 Section 3.10 Illegality ...................................... 15 ARTICLE IV

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. 15 Deductions......................... 14 Section 3.04. Payments ..................................................... 16 Payments............................................ 15 Section 3.05. Computations ................................................. Computations........................................ 16 Section 3.06. Payment on Non-Business Days ................................. Days........................ 16 Section 3.07. Interest ..................................................... Interest............................................ 16 Section 3.08.

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. 15 .............................14 Section 3.04. Payments ..................................................... 16 ................................................15 Section 3.05. Computations ................................................. ............................................16 Section 3.06. Payment on Non-Business Days ................................. ............................16 Section 3.07. Interest ..................................................... ................................................16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Section 3.04. Payments ..................................................... 16 Deductions...........................................................13 Section 3.05. Computations ................................................. 16 Computations..........................................................................15 Section 3.06. Payment on Non-Business Days ................................. 16 Days..........................................................15 Section 3.07. Interest ..................................................... Interest..............................................................................15 Section 3.08. Replacement of Borrower...............................................................16 Section 3.08.3.09. Funding Loss Indemnification..........................................................16 Section 3.10. Illegality............................................................................16

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions............................. 14 Section 3.04. Payments ..................................................... 16 Payments................................................ 14 Section 3.05. Computations ................................................. 16 Computations............................................ 14 Section 3.06. Payment on Non-Business Days Days............................ 14 Section 3.07. Interest................................................ 15 Section 3.08. Replacement of Borrower................................. 16 Section 3.073.09. Interest ..................................................... Funding Loss Indemnification............................ 16 Section 3.08.3.10. Illegality.............................................. 16 ARTICLE IV

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions............................................... 13 Section 3.04 Payments.................................................................. 14 Section 3.05 Computations.............................................................. 15 Section 3.04. Payments ..................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days.............................................. 15 Section 3.07 Interest.................................................................. 15 Section 3.08 Replacement of Borrower................................................... 16 Section 3.07. Interest ..................................................... 3.09 Funding Loss Indemnification.............................................. 16 Section 3.08.3.10 Illegality................................................................ 17

Capital Adequacy. 14 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions...................................................... 14 Section 3.04 Payments......................................................................... 15 Section 3.04. Payments ..................................................... 3.05 Computations..................................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. 16 Section 3.07. Interest Days..................................................... 16 Section 3.07 Interest......................................................................... 16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions................................................... 14 Section 3.04 Payments...................................................................... 15 Section 3.04. Payments ..................................................... 16 3.05 Computations.................................................................. 15 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days.................................................. 15 Section 3.07 Interest...................................................................... 16 Section 3.07. Interest ..................................................... 16 3.08 Replacement of Borrower....................................................... 17 Section 3.08.3.09 Funding Loss Indemnification.................................................. 17 Section 3.10 Illegality.................................................................... 18

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions.............................14 Section 3.04 Payments................................................15 Section 3.04. Payments ..................................................... 16 3.05 Computations............................................15 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. 16 Days............................15 Section 3.07. Interest ..................................................... 16 3.07 Interest................................................15 Section 3.08.3.08 Replacement of Borrower.................................17 Section 3.09 Funding Loss Indemnification............................17 Section 3.10 Illegality..............................................17 ARTICLE IV Page CONDITIONS PRECEDENT

Capital Adequacy. 14 17 Section 3.03. Payments Free of Deductions .................................. 15 ................................ 18 Section 3.04. Payments ..................................................... 16 ................................................... 19 Section 3.05. Computations ................................................. 16 ............................................... 19 Section 3.06. Payment on Non-Business Days ................................. 16 ............................... 19 Section 3.07. Interest ..................................................... 16 ................................................... 20 Section 3.08.. Replacement of Borrower .................................... 22 Section 3.09. Funding Loss Indemnification ............................... 22 Section 3.10. Illegality.................................................. 22 (i) 3 TABLE OF CONTENTS (continued)

Capital Adequacy. 14 Section 3.03. 3.3 Payments Free of Deductions .................................. Deductions..................................... 15 Section 3.04. Payments ..................................................... 3.4 Payments........................................................ 16 Section 3.05. Computations ................................................. 3.5 Computations.................................................... 16 Section 3.06. 3.6 Payment on Non-Business Days ................................. Days.................................... 16 Section 3.07. Interest ..................................................... 3.7 Interest........................................................ 16 Section 3.08.3.8

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. .................................15 Section 3.04. Payments ..................................................... 16 ....................................................15 Section 3.05. Computations ................................................. ................................................16 Section 3.06. Payment on Non-Business Days ................................. ................................16 Section 3.07. Interest ..................................................... ....................................................16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions................................................ 13 Section 3.04 Payments................................................................... 14 Section 3.05 Computations............................................................... 15 Section 3.04. Payments ..................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days............................................... 15 Section 3.07 Interest................................................................... 15 Section 3.08 Replacement of Borrower.................................................... 16 Section 3.07. Interest ..................................................... 3.09 Funding Loss Indemnification............................................... 16 Section 3.08.3.10 Illegality................................................................. 17

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. Deductions....................... 15 Section 3.04. Payments ..................................................... 16 Section 3.05. Computations ................................................. 16 Computations...................................... 17 Section 3.06. Payment on Non-Business Days ................................. 16 Days...................... 17 Section 3.07. Interest ..................................................... 16 Interest.......................................... 17 Section 3.08.. Replacement of Borrower........................... 18 Section 3.09. Funding Loss Indemnification...................... 18 Section 3.10. Illegality........................................ 19

Capital Adequacy. 14 13 Section 3.03. 3.3 Payments Free of Deductions .................................. 15 Deductions.....................................................14 Section 3.04. Payments ..................................................... 16 3.4 Payments........................................................................14 Section 3.05. Computations ................................................. 16 3.5 Computations....................................................................14 Section 3.06. 3.6 Payment on Non-Business Days ................................. Days....................................................15 Section 3.7 Interest........................................................................15 Section 3.8 Replacement of Borrower.........................................................16 Section 3.07. Interest ..................................................... 3.9 Funding Loss Indemnification....................................................16 Section 3.08.3.10 Illegality.....................................................................17

Capital Adequacy. 14 13 Section 3.03. 3.3 Payments Free of Deductions .................................. ................................. 14 Section 3.4 Payments .................................................... 15 Section 3.04. Payments ..................................................... 16 3.5 Computations ................................................ 15 Section 3.05. Computations ................................................. 16 Section 3.06. 3.6 Payment on Non-Business Days ................................. 16 ................................ 15 Section 3.07. 3.7 Interest ..................................................... 16 .................................................... 15 Section 3.08.3.8 Replacement of Borrower ..................................... 17 Section 3.9 Funding Loss Indemnification ................................ 17 Section 3.10 Illegality .................................................. 17 ARTICLE IV

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. 15 .......................... 14 Section 3.04. Payments ..................................................... 16 ............................................. 15 Section 3.05. Computations ................................................. ......................................... 16 Section 3.06. Payment on Non-Business Days ................................. ......................... 16 Section 3.07. Interest ..................................................... ............................................. 16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions...........................................................14 Section 3.04 Payments..............................................................................15 Section 3.04. Payments ..................................................... 16 3.05 Computations..........................................................................15 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. 16 Days..........................................................15 Section 3.07. Interest ..................................................... 16 3.07 Interest..............................................................................15 Section 3.08.3.08 Replacement of Borrower...............................................................17 Section 3.09 Funding Loss Indemnification..........................................................17 Section 3.10 Illegality............................................................................17

Capital Adequacy. 14 13 Section 3.03. 3.3 Payments Free of Deductions .................................. .............................. 14 Section 3.4 Payments ................................................. 15 Section 3.04. Payments ..................................................... 16 3.5 Computations ............................................. 15 Section 3.05. Computations ................................................. 16 Section 3.06. 3.6 Payment on Non-Business Days ................................. 16 ............................. 15 Section 3.07. 3.7 Interest ..................................................... 16 ................................................. 15 Section 3.08.3.8 Replacement of Borrower .................................. 17 Section 3.9 Funding Loss Indemnification ............................. 17 Section 3.10 Illegality ............................................... 17 ARTICLE IV

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 ............................... 14 Section 3.04. Payments ..................................................... 16 .................................................. 14 Section 3.05. Computations ................................................. 16 .............................................. 15 Section 3.06. Payment on Non-Business Days ................................. 16 .............................. 15 Section 3.07. Interest ..................................................... .................................................. 15 Section 3.08. Replacement of Borrower ................................... 16 Section 3.08.3.09. Funding Loss Indemnification .............................. 17 Section 3.10. Illegality ................................................ 17

Capital Adequacy. 14 Section 3.03. 3.03 Payments Free of Deductions .................................. 15 Deductions...............................14 Section 3.04. Payments ..................................................... 3.05 Computations..............................................16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days..............................16 Section 3.07. Interest ..................................................... 3.07 Interest..................................................16 Section 3.08.3.08 Replacement of Borrower...................................17 Section 3.09 Funding Loss Indemnification..............................17 Section 3.10 Illegality................................................18

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions............................14 Section 3.04. Payments ..................................................... 16 Payments...............................................15 Section 3.05. Computations ................................................. 16 Computations...........................................15 Section 3.06. Payment on Non-Business Days ................................. Days...........................16 Section 3.07. Interest ..................................................... Interest...............................................16 Section 3.08.

Capital Adequacy. 14 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions............................................................... 14 Section 3.04 Payments.................................................................................. 15 Section 3.04. Payments ..................................................... 3.05 Computations.............................................................................. 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days.............................................................. 16 Section 3.07. Interest ..................................................... 3.07 Interest.................................................................................. 16 Section 3.08.

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. Deductions.................................15 Section 3.04. Payments ..................................................... Payments....................................................16 Section 3.05. Computations ................................................. Computations................................................16 Section 3.06. Payment on Non-Business Days ................................. Days................................16 Section 3.07. Interest ..................................................... 16 Interest....................................................17 Section 3.08.. Replacement of Borrower.....................................18 Section 3.09. Funding Loss Indemnification................................18 Section 3.10. Illegality..................................................19

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions...............................13 Section 3.04. Payments ..................................................... 16 Payments..................................................14 Section 3.05. Computations ................................................. 16 Computations..............................................14 Section 3.06. Payment on Non-Business Days ................................. 16 Days..............................14 Section 3.07. Interest ..................................................... Interest..................................................15 Section 3.08. Replacement of Borrower...................................16 Section 3.08.3.09. Funding Loss Indemnification..............................16 Section 3.10. Illegality................................................16

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. Deductions.................................................. 15 Section 3.04. Payments ..................................................... Payments..................................................................... 16 Section 3.05. Computations ................................................. Computations................................................................. 16 Section 3.06. Payment on Non-Business Days ................................. Days................................................. 16 Section 3.07. Interest ..................................................... Interest..................................................................... 16 Section 3.08.

Capital Adequacy. 14 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions...............................15 Section 3.04. Payments ..................................................... 3.04 Payments..................................................16 Section 3.05. Computations ................................................. 16 3.05 Computations..............................................17 Section 3.06. 3.06 Payment on Non-Business Days ................................. 16 Days..............................17 Section 3.07. Interest ..................................................... 16 3.07 Interest..................................................17 Section 3.08.3.08 Replacement of Borrower...................................18 Section 3.09 Funding Loss Indemnification..............................18 Section 3.10 Illegality................................................19 Section 3.11 Mitigation................................................19

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. Deductions.......................15 Section 3.04. Payments ..................................................... 16 Section 3.05. Computations ................................................. 16 Computations......................................17 Section 3.06. Payment on Non-Business Days ................................. 16 Days......................17 Section 3.07. Interest ..................................................... 16 Interest..........................................17 Section 3.08.. Replacement of Borrower...........................18 Section 3.09. Funding Loss Indemnification......................18 Section 3.10. Illegality........................................19

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions........................... 13 Section 3.04. Payments ..................................................... 16 Payments.............................................. 14 Section 3.05. Computations ................................................. 16 Computations.......................................... 14 Section 3.06. Payment on Non-Business Days ................................. 16 Days.......................... 15 Section 3.07. Interest ..................................................... Interest.............................................. 15 Section 3.08. Replacement of Borrower............................... 16 Section 3.08.3.09. Funding Loss Indemnification.......................... 16

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. Deductions...............................15 Section 3.04. Payments ..................................................... Payments..................................................16 Section 3.05. Computations ................................................. Computations..............................................16 Section 3.06. Payment on On Non-Business Days ................................. 16 business Days..............................17 Section 3.07. Interest ..................................................... 16 Interest..................................................17 Section 3.08.. Replacement of Borrower...................................18 Section 3.09. Funding Loss Indemnification..............................18 Section 3.10. Illegality................................................19

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Section 3.04. Payments ..................................................... 16 Deductions................................14 Section 3.05. Computations ................................................. 16 Computations...............................................15 Section 3.06. Payment on Non-Business Days ................................. 16 Days...............................15 Section 3.07. Interest ..................................................... 16 Interest...................................................15 Section 3.08.. Replacement of Borrower....................................17 Section 3.09. Funding Loss Indemnification...............................17 Section 3.10. Illegality.................................................17

Capital Adequacy. 14 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions........................................................... 14 Section 3.04 Payments.............................................................................. 15 Section 3.04. Payments ..................................................... 3.05 Computations.......................................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days.......................................................... 16 Section 3.07. Interest ..................................................... 3.07 Interest.............................................................................. 16 Section 3.08.

Capital Adequacy. 14 13 Section 3.033.3. Payments Free of Deductions .................................. 15 Deductions....................................13 Section 3.043.4. Payments ..................................................... 16 Payments.......................................................14 Section 3.053.5. Computations ................................................. 16 Computations...................................................14 Section 3.063.6. Payment on Non-Business Days ................................. Days...................................14 Section 3.7. Interest.......................................................14 Section 3.8. Replacement of Borrower........................................16 Section 3.073.9. Interest ..................................................... Funding Loss Indemnification...................................16 Section 3.08.3.10. Illegality.....................................................17 TABLE OF CONTENTS (Continued)

Capital Adequacy. 14 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions................................................................ 14 Section 3.04 Payments................................................................................... 15 Section 3.04. Payments ..................................................... 3.05 Computations............................................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days............................................................... 16 Section 3.07. Interest ..................................................... 3.07 Interest................................................................................... 16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions Deductions.................................. 15 14 Section 3.04. Payments ..................................................... 16 .................................................... 15 Section 3.05. Computations Computations................................................. 16 15 Section 3.06. Payment on Non-Business Days Days................................. 16 15 Section 3.07. Interest ..................................................... .................................................... 15 Section 3.08. Replacement of Borrower...................................... 16 Section 3.08.3.09. Funding Loss Indemnification................................. 17 Section 3.10. Illegality................................................... 17 ARTICLE IV CONDITIONS PRECEDENT Section 4.01. Conditions Precedent to Effectiveness of Section 2.01........ 17 Section 4.02. Conditions Precedent to Borrowing............................ 19

Capital Adequacy. 14 15 Section 3.03. Payments Free of Deductions .................................. ..................................15 Section 3.04. Payments ..................................................... .....................................................16 Section 3.05. Computations ................................................. .................................................16 Section 3.06. Payment on Non-Business Days ................................. .................................16 Section 3.07. Interest ..................................................... 16 .....................................................17 Section 3.08.. Replacement of Borrower ......................................18 Section 3.09. Funding Loss Indemnification .................................18 Section 3.10. Illegality ...................................................19 ARTICLE IV

Capital Adequacy. 14 13 Section 3.033.3. Payments Free of Deductions .................................. 15 Deductions..............................13 Section 3.043.4. Payments ..................................................... 16 Payments.................................................14 Section 3.053.5. Computations ................................................. 16 Computations.............................................14 Section 3.063.6. Payment on Non-Business Days ................................. Days.............................14 Section 3.7. Interest.................................................14 Section 3.8. Replacement of Borrower..................................16 Section 3.073.9. Interest ..................................................... Funding Loss Indemnification.............................16 Section 3.08.3.10. Illegality..............................................16

Capital Adequacy. 14 11 Section 3.03. 3.3 Payments Free of Deductions .................................. 15 Deductions................................. 11 Section 3.04. Payments ..................................................... 16 3.4 Payments.................................................... 12 Section 3.05. Computations ................................................. 16 3.5 Computations................................................ 13 Section 3.06. 3.6 Payment on Non-Business Days ................................. 16 Days................................ 13 Section 3.07. Interest ..................................................... 16 3.7 Interest.................................................... 13 Section 3.08.3.8 Replacement of Borrower..................................... 14 Section 3.9 Funding Loss Indemnification................................ 14 Section 3.10 Illegality................................................. 15 ARTICLE IV

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. 15 Deductions............................ 13 Section 3.04. Payments ..................................................... 16 3.04 Payments............................................... 14 Section 3.05. Computations ................................................. 16 3.05 Computations........................................... 14 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days........................... 14 Section 3.07 Interest............................................... 15 Section 3.08 Replacement of Borrower................................ 16 Section 3.07. Interest ..................................................... 16 Section 3.08.3.09

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. 15 Deductions...............................14 Section 3.04. Payments ..................................................... 16 Payments..................................................15 Section 3.05. Computations ................................................. 16 Computations..............................................15 Section 3.06. Payment on Non-Business Days ................................. 16 Days..............................15 Section 3.07. Interest ..................................................... 16 Interest..................................................15 Section 3.08.. Replacement of Borrower...................................17 Section 3.09. Funding Loss Indemnification..............................17 Section 3.10. Illegality................................................17

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 .................................................... 13 Section 3.04. Payments ..................................................... 16 ....................................................................... 14 Section 3.05. Computations ................................................. 16 ................................................................... 14 Section 3.06. Payment on Non-Business Days ................................. 16 ................................................... 14 Section 3.07. Interest ..................................................... ....................................................................... 15 Section 3.08. Replacement of Borrower ........................................................ 16 Section 3.08.3.09. Funding Loss Indemnification ................................................... 16 Section 3.10. Illegality ..................................................................... 17

Capital Adequacy. 14 Section 3.03. Payments Free of Deductions .................................. Deductions...................................15 Section 3.04. Payments ..................................................... Payments......................................................16 Section 3.05. Computations ................................................. Computations..................................................16 Section 3.06. Payment on Non-Business Days ................................. Days..................................16 Section 3.07. Interest ..................................................... 16 Interest......................................................17 Section 3.08.. Replacement of Borrower.......................................18 Section 3.09. Funding Loss Indemnification..................................18 Section 3.10. Illegality....................................................18

Capital Adequacy. 14 13 Section 3.03. 3.3 Payments Free of Deductions .................................. Deductions..................................... 14 Section 3.4 Payments........................................................ 15 Section 3.04. Payments ..................................................... 16 3.5 Computations.................................................... 15 Section 3.05. Computations ................................................. 16 Section 3.06. 3.6 Payment on Non-Business Days ................................. 16 Days.................................... 15 Section 3.07. Interest ..................................................... 16 3.7 Interest........................................................ 15 Section 3.08.3.8 Replacement of Borrower......................................... 17 Section 3.9 Funding Loss Indemnification.................................... 17 Section 3.10 Illegality...................................................... 17 ARTICLE IV

Capital Adequacy. 14 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions.......................................................... 14 Section 3.04 Payments............................................................................. 15 Section 3.04. Payments ..................................................... 3.05 Computations......................................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days......................................................... 16 Section 3.07. Interest ..................................................... 3.07 Interest............................................................................. 16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions............................14 Section 3.04. Payments ..................................................... 16 Payments...............................................15 Section 3.05. Computations ................................................. 16 Computations...........................................15 Section 3.06. Payment on Non-Business Days ................................. 16 Days...........................15 Section 3.07. Interest ..................................................... Interest...............................................16 Section 3.08.

Capital Adequacy. 14 13 Section 3.03. 3.03 Payments Free of Deductions .................................. Deductions.................................................... 13 Section 3.04 Payments....................................................................... 14 Section 3.05 Computations................................................................... 15 Section 3.04. Payments ..................................................... 16 Section 3.05. Computations ................................................. 16 Section 3.06. 3.06 Payment on Non-Business Days ................................. Days................................................... 15 Section 3.07 Interest....................................................................... 15 Section 3.08 Replacement of Borrower........................................................ 16 Section 3.07. Interest ..................................................... 3.09 Funding Loss Indemnification................................................... 16 Section 3.08.3.10 Illegality..................................................................... 17

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions.............................14 Section 3.04. Payments ..................................................... 16 Payments................................................15 Section 3.05. Computations ................................................. 16 Computations............................................15 Section 3.06. Payment on Non-Business Days ................................. 16 Days............................15 Section 3.07. Interest ..................................................... 16 Interest................................................15 Section 3.08.. Replacement of Borrower.................................17 Section 3.09. Funding Loss Indemnification............................17 Section 3.10. Illegality..............................................17

Capital Adequacy. 14 13 Section 3.03. Payments Free of Deductions .................................. 15 Deductions..............................14 Section 3.04. Payments ..................................................... 16 Payments.................................................15 Section 3.05. Computations ................................................. 16 Computations.............................................15 Section 3.06. Payment on Non-Business Days ................................. 16 Days.............................15 Section 3.07. Interest ..................................................... Interest.................................................15 Section 3.08. Replacement of Borrower..................................16 Section 3.08.3.09. Funding Loss Indemnification.............................17 Section 3.10. Illegality...............................................17

Capital Adequacy. 14 15 Section 3.03. Payments Free of Deductions .................................. Deductions......................................................... 15 Section 3.04. Payments ..................................................... Payments............................................................................ 16 Section 3.05. Computations ................................................. Computations........................................................................ 16 Section 3.06. Payment on Non-Business Days ................................. Days........................................................ 16 Section 3.07. Interest ..................................................... 16 Interest............................................................................ 17 Section 3.08.. Replacement of Borrower............................................................. 18 Section 3.09. Funding Loss Indemnification........................................................ 18 Section 3.10. Illegality.......................................................................... 19