Common use of Operational Structure Clause in Contracts

Operational Structure. The day to day operation of the business of the Company and its Subsidiaries is and will at all times following the Effective Date be conducted principally through such Subsidiaries and not by the Company or the Parent. The Company’s primary role is and will continue be to: (1) act as servicer of CTP Assets under servicing arrangements with third parties, (2) provide credit support for the business activities of the Subsidiaries, (3) act as the contracting party on behalf of itself and the Subsidiaries with respect to contracts relating to the provision of goods and services needed in the operation of the business of the Company and its Subsidiaries, and (4) provide cash management services among the Subsidiaries through a periodic sweep into the Sweep Accounts of cash utilized in the day to day operations of the Subsidiaries of the Company and a reallocation of such cash through intercompany loans, advances and investments permitted pursuant to Paragraph 8(g) below.

Operational Structure. The day to day operation of the business of the Company and its Subsidiaries is and will at all times following the Effective Date be conducted principally through such Subsidiaries and not by the Company or the Parent. The Company’s primary role is and will continue be to: (1) act as servicer of CTP CLP Assets under servicing arrangements with third parties, (2) provide credit support for the business activities of the Subsidiaries, (3) act as the contracting party on behalf of itself and the Subsidiaries with respect to contracts relating to the provision of goods and services needed in the operation of the business of the Company and its Subsidiaries, and (4) provide cash management services among the Subsidiaries through a periodic sweep into the Sweep Accounts of cash utilized in the day to day operations of the Subsidiaries of the Company and a reallocation of such cash through intercompany loans, advances and investments permitted pursuant to Paragraph 8(g) below.