Common use of Margin Stock Clause in Contracts

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Restricted Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the US Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the No Borrower nor or any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “margin stock” (as each such term is defined or used, directly or indirectly, in within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit loan hereunder will be used used, directly or indirectly, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any other purpose which violates, or which would be inconsistent with, might violate the provisions of Regulation T, U or X of such the said Board of Governors. Borrower does not own any margin stock.

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Co-Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit other than in connection with any employee benefit plan for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is ------------ engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the U.S. Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Restricted Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System)Margin Stock. No part of the proceeds of any of the Loans or Letters made to, and no Letter of Credit issued for the account of, the Borrower will be used to purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying margin stock any Margin Stock or for any purpose which that violates, or which would be is inconsistent with, the provisions of Regulation T, U or X of such said Board of Governors.

Margin Stock. Neither the Borrower nor any Restricted Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock in violation of, or for any other purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower Borrowers nor any Subsidiary thereof of their respective Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower ACC nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the any Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of the Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “"margin stock” (as each such term is defined or used, directly or indirectly, in " within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit loan hereunder will be used used, directly or indirectly, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any other purpose which violates, or which would be inconsistent with, might violate the provisions of Regulation T, U or X of such the said Board of Governors. The Borrower does not own any margin stock.

Margin Stock. Neither the Borrower AHL nor any Subsidiary thereof is engaged principally or as one of its significant activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit Term Loan will be used for purchasing or carrying margin stock or for any purpose which violates, 42 or which would be be, inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of the Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “margin stock” (as each such term is defined or used, directly or indirectly, in "MARGIN STOCK" within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit loan hereunder will be used used, directly or indirectly, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any other purpose which violates, or which would be inconsistent with, might violate the provisions of Regulation G, T, U or X of such the said Board of Governors. The Borrower does not own any margin stock.

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the US Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Material Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of the Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “"margin stock” (as each such term is defined or used, directly or indirectly, in " within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit loan hereunder will be used used, directly or indirectly, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any other purpose which violates, or which would be inconsistent with, might violate the provisions of Regulation G, T, U or X of such the said Board of Governors. Neither the Borrower nor any of the Subsidiaries own any margin stock.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its respective activities in the business of extending credit for the purpose of “" purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, Regulations U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Restricted Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock in violation of, or for any other purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower Company nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is ------------ engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Restricted Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of the Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “"margin stock” (as each such term is defined or used, directly or indirectly, in " within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit loan hereunder will be used used, directly or indirectly, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any other purpose which violates, or which would be inconsistent with, might violate the provisions of Regulation G, T, U or X of such the said Board of Governors.

Margin Stock. Neither the No Borrower nor or any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged ------------ principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans Loans, Letters of Credit or Aggregator Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower Cable Systems nor any Subsidiary thereof of its Designated Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” any “carrying "margin stock” " (as each such term is defined within the meaning of Regulation G or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit made hereunder will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or be used for any purpose which violates, violates or which would be is inconsistent with, with the provisions of Regulation G, T, U or X of such said Board of Governors.

Margin Stock. Neither the Borrower nor any Restricted Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Domestic Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Designated ------------ Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof Consolidated Entity is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower Borrowers nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violatesvio lates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Revolving Credit Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower BREED nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged ------------ principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Revolving Credit Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the No Borrower nor any Subsidiary thereof is engaged ------------ principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Domestic Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower BORROWER nor any Subsidiary SUBSIDIARY thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans LOANS or Letters of Credit LETTERS OF CREDIT will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “"margin stock” (as each such term is defined or used, directly or indirectly, in " within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit Loan hereunder will be used used, directly or indirectly, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any other purpose which violates, or which would be inconsistent with, might violate the provisions of Regulation T, U or X of such the said Board of Governors. The Borrower does not own any margin stock.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is ------------ engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or of the Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower Borrowers nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower Parent nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof of its Subsidiaries is engaged principally ------------ principally, or as one of its activities important activities, in the business of extending credit for the purpose of “purchasing” purchasing or “carrying” carrying any “"margin stock” (as each such term is defined or used, directly or indirectly, in " within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). No , and no part of the proceeds of any of the Loans or Letters of Credit loan hereunder will be used used, directly or indirectly, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or for any other purpose which violates, or which would be inconsistent with, might violate the provisions of Regulation G, T, U or X of such the said Board of Governors. Borrower does not own any margin stock.

Margin Stock. Neither the Borrower nor any Subsidiary subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans Loans, or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation U of the Board of Governors of the Federal Reserve System). No part Not more than twenty-five percent (25%) of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower Holdings nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of such Board of Governors.

Margin Stock. Neither the Borrower Maxim nor any Subsidiary thereof is engaged ------------ principally or as one of its significant activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.

Margin Stock. Neither the any Borrower nor any Subsidiary thereof is engaged principally or as one of its activities in the business of extending credit for the purpose of “"purchasing” " or “"carrying” " any “"margin stock” " (as each such term is defined or used, directly or indirectly, used in Regulation Regulations G and U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation G, T, U or X of such Board of Governors.