Common use of Organization; Powers Clause in Contracts

Organization; Powers. 46 SECTION 3.02. Authorization; Enforceability............................46 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 SECTION 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48

Organization; Powers. 46 61 SECTION 3.02. Authorization; Enforceability............................46 Enforceability ......................... 61 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts .................. 62 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ....... 62 SECTION 3.05. Properties...............................................47 Properties ............................................ 63 SECTION 3.06. Litigation and Environmental Matters.....................47 ................... 64 SECTION 3.07. Compliance with Laws and Agreements......................47 Agreements ................... 64 SECTION 3.08. Investment and Holding Company Status................................48 Status ................. 65 SECTION 3.09. Taxes....................................................48Taxes ................................................. 65 SECTION 3.10. ERISA ................................................. 65 SECTION 3.11. Disclosure ............................................ 65 SECTION 3.12. Subsidiaries .......................................... 66 SECTION 3.13. Insurance ............................................. 66 SECTION 3.14. Labor Matters ......................................... 66 SECTION 3.15. Solvency .............................................. 67 SECTION 3.16.

Organization; Powers. 46 27 SECTION 3.02. Authorization; Enforceability............................46 ...................................28 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ............................28 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .................28 SECTION 3.05. Properties; Liens...............................................47 28 SECTION 3.06. Litigation and Environmental Matters.....................47 ............................29 SECTION 3.07. Compliance with Laws and Agreements......................47 .............................29 SECTION 3.08. Investment Company Status................................48 No Default......................................................29 SECTION 3.09. Taxes....................................................48Investment and Holding Company Status...........................29

Organization; Powers. 46 51 SECTION 3.025.02. Authorization; Enforceability............................46 ............................... 51 SECTION 3.035.03. Governmental Approvals; No Conflicts.....................46 ..................................... 51 SECTION 3.045.04. Financial Condition; No Material Adverse Change..........46 ............. 51 SECTION 3.055.05. Properties...............................................47 .................................................. 52 SECTION 3.065.06. Litigation and Environmental Matters.....................47 ........................ 53 SECTION 3.075.07. Compliance with Laws and Agreements......................47 ......................... 53 SECTION 3.085.08. Investment and Holding Company Status................................48 ....................... 53 SECTION 3.095.09. Taxes....................................................48....................................................... 53 SECTION 5.10. ERISA....................................................... 53 SECTION 5.11. Disclosure.................................................. 54 SECTION 5.12. Federal Regulations......................................... 54 SECTION 5.13. The Security Documents...................................... 54 SECTION 5.14. Pledged Stock............................................... 55 SECTION 5.15.

Organization; Powers. 46 79 SECTION 3.02. Authorization; Enforceability............................46 ..................... 79 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .............. 79 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .................................. 80 SECTION 3.05. Properties...............................................47 ........................................ 80 SECTION 3.06. Litigation and Environmental Matters.....................47 ......................................... 81 SECTION 3.07. Compliance with Laws and Agreements......................47 ............... 81 SECTION 3.08. Investment and Holding Company Status................................48 .......................................... 82 SECTION 3.09. Taxes....................................................48............................................. 82 SECTION 3.10. ERISA............................................. 82 SECTION 3.11. Disclosure........................................ 82 SECTION 3.12.

Organization; Powers. 46 44 SECTION 3.024.02. Authorization; .......................................44 SECTION 4.03. Enforceability............................46 ......................................44 SECTION 3.034.04. Governmental Approvals; No Conflicts.....................46 ..............................45 SECTION 3.044.05. Financial Condition; Statements................................45 SECTION 4.06. No Material Adverse Change....................................45 SECTION 4.07. Title to Properties; Possession Under Leases........45 SECTION 4.08. The Subsidiaries. ..................................46 SECTION 3.054.09. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Litigation; Compliance with Laws and Laws....................46 SECTION 4.10. Agreements......................47 ..........................................46 SECTION 3.084.11. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48Federal Reserve Regulations.........................47

Organization; Powers. 46 24 SECTION 3.02. Authorization; Enforceability............................46 ................................24 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .........................25 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ..............25 SECTION 3.05. Properties...............................................47 ; Insurance........................................26 SECTION 3.06. Litigation and Environmental Matters.....................47 .........................26 SECTION 3.07. Compliance with Laws and Agreements......................47 ..........................27 SECTION 3.08. Investment and Holding Company Status................................48 ........................27 SECTION 3.09. Taxes....................................................48........................................................27 SECTION 3.10. ERISA........................................................27 SECTION 3.11.

Organization; Powers. 46 SECTION 3.02. 91 Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. Enforceability ........................................................................................... 91 Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. Conflicts ........................................................................... 92 Section 3.04 Financial Condition; Projections; No Material Adverse Change..........46 SECTION 3.05. Properties...............................................47 SECTION 3.06. Effect ........................................ 92 Section 3.05 Properties .......................................................................................................................... 92 Section 3.06 Litigation and Environmental Matters.....................47 SECTION Matters .............................................................................. 93 Section 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48

Organization; Powers. 46 52 SECTION 3.024.02. Authorization; Enforceability............................46 ..........................52 SECTION 3.034.03. Governmental Approvals; No Conflicts.....................46 ...................52 SECTION 3.044.04. Financial Condition; No Material Adverse Change..........46 ........53 SECTION 3.054.05. Properties...............................................47 .............................................53 SECTION 3.064.06. Litigation and Environmental Matters.....................47 Litigation.............................................53 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................484.07.

Organization; Powers. 46 92 SECTION 3.02. Authorization; Enforceability............................46 ......................... 92 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .................. 93 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ....... 93 SECTION 3.05. Properties...............................................47 ............................................ 94 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.

Organization; Powers. 46 .......................................37 SECTION 3.02. Authorization; Enforceability............................46 Enforceability .................................37 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts ..........................37 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Change ...............38 SECTION 3.05. Properties...............................................47 Properties ....................................................38 SECTION 3.06. Litigation and Environmental Matters.....................47 Matters ..........................38 SECTION 3.07. Compliance with Laws and Agreements......................47 Agreements ...........................39 SECTION 3.08. Investment and Holding Company Status................................48 Status .........................39 SECTION 3.09. TaxesTaxes .........................................................39 SECTION 3.10. ERISA .........................................................39 SECTION 3.11. Disclosure ....................................................4839 SECTION 3.12. Investments and Guarantees ....................................39

Organization; Powers. 46 30 SECTION 3.02. Authorization; Enforceability............................46 ................................................30 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .........................................31 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ..............................31 SECTION 3.05. Properties...............................................47 ...................................................................31 SECTION 3.06. Litigation and Environmental Matters.....................47 .........................................31 SECTION 3.07. Compliance with Laws and Agreements......................47 ..........................................32 SECTION 3.08. Investment and Holding Company Status................................48 ........................................32 SECTION 3.09. Taxes....................................................48........................................................................32 SECTION 3.10. ERISA........................................................................32 SECTION 3.11. Disclosure...................................................................32 3 Contents, p.

Organization; Powers. 46 40 SECTION 3.02. Authorization; Enforceability............................46 ................................40 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .........................40 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ..............41 SECTION 3.05. Properties...............................................47 ...................................................41 SECTION 3.06. Litigation and Environmental Matters.....................47 .........................42 SECTION 3.07. Compliance with Laws and Agreements......................47 ..........................42 SECTION 3.08. Investment and Holding Company Status................................48 ........................42 SECTION 3.09. Taxes....................................................48........................................................42 SECTION 3.10. ERISA........................................................43

Organization; Powers. 46 92 SECTION 3.02. Authorization; Enforceability............................46 Enforceability .............................. 92 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts ....................... 93 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Change ............ 93 SECTION 3.05. Properties...............................................47 Properties ................................................. 94 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.

Organization; Powers. 46 SECTION 36 Section 3.02. Authorization; Enforceability............................46 SECTION ................................37 Section 3.03. Governmental Approvals; No Conflicts.....................46 SECTION .........................37 Section 3.04. Financial Condition; No Material Adverse Change..........46 SECTION ..............37 Section 3.05. Properties...............................................47 SECTION ...................................................37 Section 3.06. Litigation and Environmental Matters.....................47 SECTION .........................38 Section 3.07. Compliance with Laws and Agreements......................47 SECTION ..........................39 Section 3.08. Investment and Holding Company Status................................48 SECTION ........................39 Section 3.09. Taxes........................................................39 Section 3.10. ERISA........................................................39 Section 3.11. Disclosure...................................................40 Section 3.12. Subsidiaries.................................................40 Section 3.13. Insurance....................................................4840 Section 3.14. Labor Matters................................................40 ARTICLE IV CONDITIONS

Organization; Powers. 46 SECTION 3.02. 34 Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. .................................... 34 Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. ............................. 34 Section 3.04 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. .................. 34 Section 3.05 Properties...............................................47 SECTION 3.06. ....................................................... 34 Section 3.06 Litigation and Environmental Matters.....................47 SECTION 3.07. ............................. 34 Section 3.07 Compliance with Laws and Agreements......................47 SECTION 3.08. .............................. 34 Section 3.08 Investment and Holding Company Status................................48 SECTION 3.09. ............................ 34 Section 3.09 Taxes....................................................48............................................................ 34 Section 3.10 ERISA; Margin Regulations........................................ 34 Section 3.11 Disclosure....................................................... 34 Contents, p. 2

Organization; Powers. 46 54 SECTION 3.02. Authorization; Enforceability............................46 .............................. 54 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ....................... 54 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ............ 55 SECTION 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48................................................. 55

Organization; Powers. 46 30 SECTION 3.02. Authorization; Enforceability............................46 Enforceability ........................... 30 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts .................... 30 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Change ......... 30 SECTION 3.05. Properties...............................................47 Properties .............................................. 31 SECTION 3.06. Litigation and Environmental Matters.....................47 Matters .................... 31 SECTION 3.07. Compliance with Laws and Agreements......................47 Agreements ..................... 31 SECTION 3.08. Investment and Holding Company Status................................48 Status ................... 31 SECTION 3.09. Taxes....................................................48Taxes ................................................... 31 SECTION 3.10. ERISA ................................................... 32 SECTION 3.11. Disclosure .............................................. 32 ARTICLE IV Conditions

Organization; Powers. 46 38 SECTION 3.02. Authorization; Enforceability............................46 Enforceability .......................... 38 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts ................... 38 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Change ........ 39 SECTION 3.05. Properties...............................................47 Properties ............................................. 39 SECTION 3.06. Litigation and Environmental Matters.....................47 Matters ................... 40 SECTION 3.07. Compliance with Laws and Agreements......................47 Agreements .................... 40 SECTION 3.08. Investment and Holding Company Status................................48 Status .................. 40 SECTION 3.09. Taxes....................................................48Taxes .................................................. 40 SECTION 3.10.

Organization; Powers. 46 48 SECTION 3.02. Authorization; Enforceability............................46 ................................. 48 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .......................... 48 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ............... 49 SECTION 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.................................................... 49

Organization; Powers. 46 SECTION 3.02. 27 Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. ....................................................27 Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. .............................................27 Section 3.04 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. ..................................27 Section 3.05 Properties...............................................47 SECTION 3.06. .......................................................................28 Section 3.06 Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.............................................28

Organization; Powers. 46 29 SECTION 3.02. Authorization; Enforceability............................46 ...............................29 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ........................29 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .............30 SECTION 3.05. Properties...............................................47 ; Insurance.......................................31 SECTION 3.06. Litigation and Environmental Matters.....................47 ........................31 SECTION 3.07. Compliance with Laws and Agreements......................47 .........................31 SECTION 3.08. Investment and Holding Company Status................................48 .......................32 SECTION 3.09. Taxes....................................................48.......................................................32 SECTION 3.10. ERISA.......................................................32 SECTION 3.11.

Organization; Powers. 46 79 SECTION 3.024.02. Authorization; Enforceability............................46 ..............................................................80 SECTION 3.034.03. Governmental Approvals; No Conflicts.....................46 .......................................................80 SECTION 3.044.04. Financial Condition; No Material Adverse Change..........46 ............................................80 SECTION 3.054.05. Properties...............................................47 .................................................................................81 SECTION 3.064.06. Litigation and Environmental Matters.....................47 Litigation.................................................................................81 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................484.07.

Organization; Powers. 46 SECTION 2 Section 3.02. AuthorizationAUTHORIZATION; Enforceability............................46 SECTION ENFORCEABILITY...................................2 Section 3.03. Governmental ApprovalsGOVERNMENTAL APPROVALS; No Conflicts.....................46 SECTION NO CONFLICTS............................2 Section 3.04. Financial ConditionFINANCIAL CONDITION; No Material Adverse Change..........46 SECTION NO MATERIAL ADVERSE CHANGE.................2 Section 3.05. Properties...............................................47 SECTION PROPERTIES......................................................2 Section 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.

Organization; Powers. 46 .................................................................59 SECTION 3.02. Authorization; Enforceability............................46 ..........................................................59 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ...................................................60 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .................................................................................60 SECTION 3.05. Properties...............................................47 .............................................................................61 SECTION 3.06. Litigation and Environmental Matters.....................47 ...................................................62 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................4862

Organization; Powers. 46 32 SECTION 3.02. Authorization; Enforceability............................46 .................................32 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ..........................32 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ...............33 SECTION 3.05. Properties...............................................47 ....................................................33 SECTION 3.06. Litigation and Environmental Matters.....................47 ..........................34 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48...........................34

Organization; Powers. 46 33 SECTION 3.02. Authorization; Enforceability............................46 ................................33 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .........................33 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ..............33 SECTION 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48...................................................34 Contents, p.2

Organization; Powers. 46 43 SECTION 3.02. Authorization; Enforceability............................46 ...................................... 44 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ............................... 44 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .................... 44 SECTION 3.05. Properties...............................................47 ......................................................... 44 SECTION 3.06. Litigation and Environmental Matters.....................47 ............................... 45 SECTION 3.07. Compliance with Laws and Agreements......................47 ................................ 45 SECTION 3.08. Investment and Holding Company Status................................48 .............................. 45 SECTION 3.09. Taxes....................................................48.............................................................. 46 SECTION 3.10. ERISA.............................................................. 46 SECTION 3.11. Disclosure......................................................... 46 SECTION 3.12.

Organization; Powers. 46 86 SECTION 3.02. Authorization; Enforceability............................46 ......................86 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ...............87 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ....87 SECTION 3.05. Properties...............................................47 .........................................88 SECTION 3.06. Litigation and Environmental Matters.....................47 ...............88 SECTION 3.07. Compliance with Laws and Agreements......................47 ................89 SECTION 3.08. Investment and Holding Company Status................................48 ..............89 SECTION 3.09. Taxes....................................................48Taxes 89 SECTION 3.10.

Organization; Powers. 46 42 SECTION 3.02. Authorization; Enforceability............................46 ..................................42 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ...........................42 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ................43 SECTION 3.05. Properties...............................................47 .....................................................43 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.

Organization; Powers. 46 23 SECTION 3.02. Authorization; Enforceability............................46 ................................ 23 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ......................... 23 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .............. 23 SECTION 3.05. Properties...............................................47 ................................................... 24 SECTION 3.06. Litigation and Environmental Matters.....................47 ......................... 24 SECTION 3.07. Compliance with Laws and Agreements......................47 .......................... 24 SECTION 3.08. Investment and Holding Company Status................................48 ........................ 24 SECTION 3.09. Taxes....................................................48........................................................ 24 SECTION 3.10. ERISA........................................................ 25 SECTION 3.11. Disclosure................................................... 25 ARTICLE IV Conditions

Organization; Powers. 46 49 SECTION 3.02. 3.2 Authorization; Enforceability............................46 .....................................................50 SECTION 3.03. Governmental 3.3 Approvals; No Conflicts.....................46 ...........................................................50 SECTION 3.04. 3.4 Financial Condition; No Material Adverse Change..........46 ...................................50 SECTION 3.05. 3.5 Properties...............................................47 ........................................................................51 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................483.6

Organization; Powers. 46 SECTION 3.023.2. Authorization; Enforceability............................Enforceability ............................... 46 SECTION 3.033.3. Governmental Approvals; No Conflicts.....................46 Conflicts ........................ 47 SECTION 3.043.4. Financial Condition; No Material Adverse Change..........46 SECTION 3.05. Properties...............................................Change ............. 47 SECTION 3.063.5. Properties .................................................. 48 SECTION 3.6. Litigation and Environmental Matters.....................47 Matters ........................ 48 SECTION 3.073.7. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................Agreements ......................... 48 SECTION 3.093.8. Taxes....................................................48Government Regulation ....................................... 49 SECTION 3.9. Taxes ....................................................... 49

Organization; Powers. 46 34 SECTION 3.02. Authorization; Enforceability............................46 ..................................35 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ...........................35 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ................35 SECTION 3.05. Properties...............................................47 .....................................................36 SECTION 3.06. Litigation and Environmental Matters.....................47 ...........................36 SECTION 3.07. Compliance with Laws and Agreements......................47 ............................36 SECTION 3.08. Investment Company Status................................48 Federal Reserve Regulations....................................36 SECTION 3.09. Investment and Holding Company Status..........................37 SECTION 3.10. Taxes....................................................48..........................................................37 SECTION 3.11. ERISA..........................................................37 SECTION 3.12. Disclosure.....................................................37 ARTICLE IV Conditions

Organization; Powers. 46 53 SECTION 3.024.02. Authorization; Enforceability............................46 .......................................................53 SECTION 3.034.03. Governmental Approvals; No Conflicts.....................46 ................................................54 SECTION 3.044.04. Financial Condition; No Material Adverse Change..........46 .....................................54 SECTION 3.054.05. Properties...............................................47 ..........................................................................55 SECTION 3.064.06. Litigation and Environmental Matters.....................47 Litigation..........................................................................55 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................484.07.

Organization; Powers. 46 SECTION 3.02. 38 Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. ...................................... 38 Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. ............................... 38 Section 3.04 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. .................... 38 Section 3.05 Properties...............................................47 SECTION 3.06. ......................................................... 39 Section 3.06 Litigation and Environmental Matters.....................47 SECTION 3.07. ............................... 39 Section 3.07 Compliance with Laws and Agreements......................47 SECTION 3.08. ................................ 39 Section 3.08 Investment and Holding Company Status................................48 SECTION 3.09. .............................. 40 Section 3.09 Taxes....................................................48.............................................................. 40 Section 3.10 ERISA.............................................................. 40 Section 3.11 Disclosure......................................................... 40 Section 3.12 Intellectual Property Matters...................................... 40 Section 3.13 Liens.............................................................. 41 Section 3.14

Organization; Powers. 46 ..........................................30 SECTION 3.02. Authorization; Enforceability............................46 ...................................30 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ............................30 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Position..............................................31 SECTION 3.05. Properties...............................................47 ......................................................31 SECTION 3.06. Litigation and Environmental Matters.....................47 ............................31 SECTION 3.07. Compliance with Laws and Agreements......................47 .............................32 SECTION 3.08. Investment and Holding Company Status................................48 ...........................32 SECTION 3.09. Taxes....................................................48...........................................................32 SECTION 3.10. ERISA...........................................................32 SECTION 3.11. Disclosure......................................................32 ARTICLE IV Conditions

Organization; Powers. 46 49 SECTION 3.02. Authorization; Enforceability............................46 .......................................................................49 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ................................................................49 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .....................................................49 SECTION 3.05. Properties...............................................47 ..........................................................................................50 SECTION 3.06. Litigation and Environmental Matters.....................47 ................................................................51 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.................................................................54

Organization; Powers. 46 50 SECTION 3.02. 3.02 Authorization; Enforceability............................46 ......................50 SECTION 3.03. 3.03 Governmental Approvals; No Conflicts.....................46 ...............50 SECTION 3.04. 3.04 Financial Condition; No Material Adverse Change..........46 ....50 SECTION 3.05. 3.05 Properties...............................................47 .........................................51 SECTION 3.06. 3.06 Litigation and Environmental Matters.....................47 ...............51 SECTION 3.07. 3.07 Compliance with Laws and Agreements......................47 ................51 SECTION 3.08. 3.08 Investment and Holding Company Status................................48 ..............52 SECTION 3.09. 3.09 Taxes....................................................48..............................................52 SECTION 3.10

Organization; Powers. 46 47 SECTION 3.02. AuthorizationAUTHORIZATION; Enforceability............................46 ENFORCEABILITY.........................................47 SECTION 3.03. Governmental ApprovalsGOVERNMENTAL APPROVALS; No Conflicts.....................46 NO CONFLICTS..................................47 SECTION 3.04. Financial ConditionFINANCIAL CONDITION; No Material Adverse Change..........46 NO MATERIAL ADVERSE CHANGE.......................47 SECTION 3.05. Properties...............................................47 PROPERTIES............................................................48 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.

Organization; Powers. 46 38 SECTION 3.02. Authorization; Enforceability............................46 ..................................38 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ...........................38 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ................39 SECTION 3.05. Properties...............................................47 .....................................................39 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48...........................40

Organization; Powers. 46 SECTION 3.02. 27 Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. .......................................27 Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. ................................27 Section 3.04 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. .....................27 Section 3.05 Properties...............................................47 SECTION 3.06. ..........................................................28 Section 3.06 Litigation and Environmental Matters.....................47 SECTION 3.07. ................................28 Section 3.07 Compliance with Laws and Agreements......................47 SECTION 3.08. .................................28 Section 3.08 Investment and Holding Company Status................................48 SECTION 3.09. ...............................28 Section 3.09 Taxes....................................................48...............................................................29 Section 3.10 ERISA...............................................................29 Section 3.11 Disclosure..........................................................29 ARTICLE IV CONDITIONS................................................................29

Organization; Powers. 46 66 SECTION 3.02. 4.2 Authorization; Enforceability............................46 ........................... 66 SECTION 3.03. 4.3 Governmental Approvals; No Conflicts.....................46 . ................. 67 SECTION 3.04. 4.4 Financial Condition; No Material Adverse Change..........46 ; Year 2000 Issues...................................... 67 SECTION 3.05. 4.5 Properties...............................................47 .............................................. 69 SECTION 3.06. Litigation and Environmental Matters.....................47 4.6 Litigation.............................................. 69 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................484.7

Organization; Powers. 46 36 SECTION 3.02. Authorization; Enforceability............................46 ................................36 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .........................36 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ..............37 SECTION 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.........................37

Organization; Powers. 46 SECTION 3.02. 52 Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. ................................ 52 Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. ......................... 52 Section 3.04 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. .............. 52 Section 3.05 Properties...............................................47 SECTION 3.06. ................................................... 53 Section 3.06 Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48......................... 53 Contents, p. 2

Organization; Powers. 46 40 SECTION 3.02. 3.02 Authorization; Enforceability............................46 ................................... 40 SECTION 3.03. 3.03 Governmental Approvals; No Conflicts.....................46 ............................ 41 SECTION 3.04. 3.04 Financial Condition; No Material Adverse Change..........46 ................. 41 SECTION 3.05. 3.05 Properties...............................................47 ...................................................... 42 SECTION 3.06. 3.06 Litigation and Environmental Matters.....................47 ............................ 42 SECTION 3.07. 3.07 Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48............................. 42

Organization; Powers. 46 31 SECTION 3.02. Authorization; Enforceability............................46 ..................................31 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ...........................32 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ..............32 SECTION 3.05. Properties...............................................47 .....................................................32 SECTION 3.06. Litigation and Environmental Matters.....................47 ...........................32 SECTION 3.07. Compliance with Laws and Agreements......................47 ............................33 SECTION 3.08. Investment and Holding Company Status................................48 ..........................33 SECTION 3.09. Taxes....................................................48..........................................................33 SECTION 3.10. ERISA..........................................................33 SECTION 3.11. Disclosure.....................................................33

Organization; Powers. 46 57 SECTION 3.02. Authorization; Enforceability............................46 ................................................. 57 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .......................................... 57 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Statements.......................................................... 58 SECTION 3.05. Properties...............................................47 .................................................................... 58 SECTION 3.06. Litigation Equity Interests and Environmental Matters.....................47 Subsidiaries............................................. 59 SECTION 3.07. Litigation; Compliance with Laws and Agreements......................47 Laws.............................................. 59 SECTION 3.08. Investment Company Status................................48 Agreements.................................................................... 59 SECTION 3.09. Taxes....................................................48Federal Reserve Regulations................................................... 60 SECTION 3.10. Investment Company Act; Public Utility Holding Company Act.................... 60

Organization; Powers. 46 77 SECTION 3.024.02. Authorization; Enforceability............................46 ..................................77 SECTION 3.034.03. Governmental Approvals; No Conflicts.....................46 ...........................77 SECTION 3.044.04. Financial Condition; No Material Adverse Change..........46 ................78 SECTION 3.054.05. Properties...............................................47 .....................................................78 SECTION 3.064.06. Litigation and Litigation.....................................................79 SECTION 4.07. Environmental Matters.....................47 ..........................................79 SECTION 3.074.08. Compliance with Laws and Agreements......................47 ............................81 SECTION 3.084.09. Investment and Holding Company Status................................48 ..........................81 SECTION 3.094.10. Taxes....................................................48..........................................................81 SECTION 4.11. ERISA..........................................................81 SECTION 4.12. Disclosure.....................................................82 SECTION 4.13.

Organization; Powers. 46 33 SECTION 3.02. Authorization; Enforceability............................46 ..................................... 33 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .............................. 34 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ................... 34 SECTION 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48........................................................ 34

Organization; Powers. 46 SECTION 49 Section 3.02. Authorization; Enforceability............................46 SECTION ................................. 49 Section 3.03. Governmental Approvals; No Conflicts.....................46 SECTION .......................... 49 Section 3.04. Financial Condition; No Material Adverse Change..........46 SECTION ............... 50 Section 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.................................................... 50

Organization; Powers. 46 45 SECTION 3.02. Authorization; Enforceability............................46 Enforceability .................................................. 45 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts ........................................... 45 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Change ................................ 45 SECTION 3.05. Properties...............................................47 Properties ..................................................................... 46 SECTION 3.06. Litigation and Environmental Matters.....................47 Matters ........................................... 46 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48Agreements ............................................ 47

Organization; Powers. 46 52 SECTION 3.02. Authorization; Enforceability............................46 .................................52 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ..........................52 Contents, p.2 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ...............52 SECTION 3.05. Properties...............................................47 ....................................................53 SECTION 3.06. Litigation and Environmental Matters.....................47 ..........................53 SECTION 3.07. Compliance with Laws and Agreements......................47 ...........................53 SECTION 3.08. Investment Company Status................................48 Federal Reserve Regulations...................................54 SECTION 3.09. Investment and Holding Company Status.........................54 SECTION 3.10. Taxes.........................................................54 SECTION 3.11. ERISA.........................................................54 SECTION 3.12. Disclosure....................................................4854 ARTICLE IV CONDITIONS

Organization; Powers. 46 SECTION 3.02. Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. Section 3.04 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. ...........................................47 Section 3.05 Properties...............................................47 SECTION Section 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48

Organization; Powers. 46 61 SECTION 3.024.02. Authorization; Enforceability............................46 .........................61 SECTION 3.034.03. Governmental Approvals; No Conflicts.....................46 ..................61 SECTION 3.044.04. Financial Condition; No Material Adverse Change..........46 .......61 SECTION 3.054.05. Properties...............................................47 ............................................62 SECTION 3.064.06. Litigation and Environmental Matters.....................47 Litigation............................................62 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................484.07.

Organization; Powers. 46 55 SECTION 3.02. Authorization; Enforceability............................46 .......................................... 55 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ................................... 55 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ........................ 56 SECTION 3.05. Properties...............................................47 ............................................................. 56 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48................................... 57 Contents, p. 2

Organization; Powers. 46 33 SECTION 3.02. 3.02 Authorization; Enforceability............................46 Enforceability .................................................................... 33 SECTION 3.03. 3.03 Governmental Approvals; No Conflicts.....................46 Conflicts .................................................... 33 SECTION 3.04. 3.04 Financial Condition; No Material Adverse Change..........46 Change ................................... 34 SECTION 3.05. Properties...............................................47 3.05 Properties ................................................................................................. 34 SECTION 3.06. 3.06 Litigation and Environmental Matters.....................47 Matters ....................................................... 34 SECTION 3.07. 3.07 Compliance with With Laws and Agreements......................47 Agreements .................................................. 35 SECTION 3.08. 3.08 Investment and Holding Company Status................................48 Status .................................................. 35 SECTION 3.09. Taxes....................................................483.09 Taxes ........................................................................................................ 35

Organization; Powers. 46 32 SECTION 3.02. Authorization; Enforceability............................46 ......................................................... 32 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .................................................. 32 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ....................................... 32 SECTION 3.05. Properties...............................................47 ............................................................................ 33 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.................................................. 33

Organization; Powers. 46 32 SECTION 3.02. Authorization; Enforceability............................46 ........................................32 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .................................32 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ......................32 SECTION 3.05. Properties...............................................47 ...........................................................33 SECTION 3.06. Litigation and Environmental Matters.....................47 .................................33 SECTION 3.07. Compliance with Laws and Agreements......................47 ..................................33 SECTION 3.08. Investment and Holding Company Status................................48 33 SECTION 3.09. Taxes....................................................48................................................................33 SECTION 3.10. ERISA................................................................33 SECTION 3.11. Disclosure...........................................................34

Organization; Powers. 46 38 SECTION 3.02. Authorization; Enforceability............................46 .........................39 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ..................39 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ...........................................39 SECTION 3.05. Properties...............................................47 ............................................40 SECTION 3.06. Litigation and Environmental Matters.....................47 ..................40 SECTION 3.07. Compliance with Laws and Agreements......................47 ...................41 SECTION 3.08. Investment and Holding Company Status................................48 .................41 SECTION 3.09. Taxes....................................................48.................................................41 SECTION 3.10.

Organization; Powers. 46 58 SECTION 3.02. Authorization; Enforceability............................46 Enforceability ............................................................... 58 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts ............................................... 58 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Change ............................. 58 SECTION 3.05. Properties...............................................47 Properties .............................................................................................. 59 SECTION 3.06. Litigation and Environmental Matters.....................47 Matters .................................................. 59 SECTION 3.07. Compliance with Laws and Agreements......................47 Agreements .............................................. 59 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48Status ................................................................. 60

Organization; Powers. 46 SECTION 3.02. 31 Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. .............................. 31 Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. ....................... 31 Section 3.04 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. ............ 31 Section 3.05 Properties...............................................47 SECTION 3.06. ................................................. 32 Section 3.06 Litigation and Environmental Matters.....................47 SECTION 3.07. ....................... 32 Section 3.07 Compliance with Laws and Agreements......................47 SECTION 3.08. ........................ 33 Section 3.08 Investment and Holding Company Status................................48 SECTION 3.09. ...................... 33 Section 3.09 Taxes....................................................48...................................................... 34 Section 3.10 ERISA...................................................... 34 Section 3.11 Disclosure................................................. 35 Section 3.12 Subsidiaries............................................... 35 Section 3.13 Insurance.................................................. 35 Section 3.14

Organization; Powers. 46 65 SECTION 3.02. Authorization; Enforceability............................46 Enforceability ................................ 65 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts ......................... 65 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Change .............. 66 SECTION 3.05. Properties...............................................47 Properties ................................................... 67 SECTION 3.06. Litigation and Environmental Matters.....................47 Matters ......................... 67 SECTION 3.07. Compliance with Laws and Agreements......................47 Agreements .......................... 67 SECTION 3.08. Investment and Holding Company Status................................48 Status ........................ 68 SECTION 3.09. Taxes....................................................48Taxes ........................................................ 68 SECTION 3.10. ERISA ........................................................ 68

Organization; Powers. 46 40 SECTION 3.02. Authorization; Enforceability............................46 ..................................40 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ...........................41 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ................41 SECTION 3.05. Properties...............................................47 .....................................................42 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48...........................42

Organization; Powers. 46 56 SECTION 3.02. Authorization; Enforceability............................46 ..............................................56 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Enforceability.............................................56 SECTION 3.04. Governmental Approvals.....................................57 SECTION 3.05. Financial Condition; Statements.......................................57 SECTION 3.06. No Material Adverse Change..........46 SECTION 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 .................................57 SECTION 3.07. Compliance with Laws and Agreements......................47 Title to Properties; Possession Under Leases...............58 SECTION 3.08. Investment Company Status................................48 Subsidiaries...............................................58 SECTION 3.09. Taxes....................................................48Litigation; Compliance with Laws...........................58 SECTION 3.10. Agreements.................................................58 SECTION 3.11.

Organization; Powers. 46 ......................................27 SECTION 3.02. Authorization; Enforceability............................46 ...............................27 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ........................27 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Position..........................................27 SECTION 3.05. Properties...............................................47 ..................................................27 SECTION 3.06. Litigation and Environmental Matters.....................47 ........................28 SECTION 3.07. Compliance with Laws and Agreements......................47 .........................28 SECTION 3.08. Investment Company Status................................48 ...................................28 SECTION 3.09. Taxes....................................................48.......................................................28 SECTION 3.10. ERISA.......................................................29 SECTION 3.11. Disclosure..................................................29

Organization; Powers. 46 7076 SECTION 3.02. 3.02 Authorization; Enforceability............................46 Enforceability ..................................................................................7076 SECTION 3.03. 3.03 Governmental Approvals; No Conflicts.....................46 Conflicts ..................................................................7076 SECTION 3.04. 3.04 Financial Condition; No Material Adverse Change..........46 . ...............................................7177 SECTION 3.053.05 Properties. Properties...............................................47 ................................................................................................................7177 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48

Organization; Powers. 46 SECTION 40 Section 3.02. Authorization; Enforceability............................46 SECTION ................................40 Section 3.03. Governmental Approvals; No Conflicts.....................46 SECTION .........................41 Section 3.04. Financial Condition; No Material Adverse Change..........46 SECTION ..............41 Section 3.05. Properties...............................................47 SECTION ...................................................41 Section 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.........................41

Organization; Powers. 46 SECTION 44 Section 3.02. Authorization; Enforceability............................46 SECTION ...................................44 Section 3.03. Governmental Approvals; No Conflicts.....................46 SECTION ............................45 Section 3.04. Financial ConditionStatements; No Material Adverse Change..........46 SECTION ................45 Section 3.05. Properties...............................................47 SECTION ......................................................45 Section 3.06. Litigation and Environmental Matters.....................47 SECTION ............................46 Section 3.07. Compliance with Laws and Agreements...................................................47 SECTION Section 3.08. Investment and Holding Company Status................................48 SECTION ...........................47 Section 3.09. Taxes....................................................48...........................................................47

Organization; Powers. 46 36 SECTION 3.02. Authorization; Enforceability............................46 ................................36 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .........................37 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ..............37 SECTION 3.05. Properties...............................................47 ...................................................37 SECTION 3.06. Litigation and Environmental Matters.....................47 .........................38 SECTION 3.07. Compliance with Laws and Agreements......................47 ..........................38 SECTION 3.08. Investment Company Status................................48 Federal Regulations..........................................38 SECTION 3.09. Investment and Holding Company Status........................39 SECTION 3.10. Taxes....................................................48........................................................39 SECTION 3.11. ERISA........................................................39 SECTION 3.12.

Organization; Powers. 46 40 SECTION 3.02. Authorization; Enforceability............................46 Enforceability .............................. 40 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts ....................... 40 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ......... ... 41 SECTION 3.05. Properties...............................................47 Properties ................................................. 41 SECTION 3.06. Litigation and Environmental Matters.....................47 Matters ....................... 41 SECTION 3.07. Compliance with Laws and Agreements......................47 Agreements ........................ 42 SECTION 3.08. Investment and Holding Company Status................................48 Status ...................... 42 SECTION 3.09. Taxes....................................................48Taxes ...................................................... 42 SECTION 3.10. ERISA ...................................................... 42 SECTION 3.11. Disclosure ................................................. 42 SECTION 3.12. Subsidiaries ............................................... 42 ARTICLE IV Conditions

Organization; Powers. 46 41 SECTION 3.02. Authorization; Enforceability............................46 ......................................... 42 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .................................. 42 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ...................... 42 SECTION 3.05. Properties...............................................47 ............................................................ 43 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.

Organization; Powers. 46 91 SECTION 3.02. Authorization; Enforceability............................46 ....... 91 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ......................................91 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ....................92 SECTION 3.05. Properties...............................................47 Litigation...................................... 92 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 ................................... 92 SECTION 3.07. Sanctions and Anti-Corruption Laws...........................................92 SECTION 3.08. Investment Company Status................................48 Taxes............................................. 93 SECTION 3.09. Taxes....................................................48ERISA........................................... 93 SECTION 3.10. Disclosure..................................... 93 SECTION 3.11. Investment Company Act; Margin Regulations.......................…93 SECTION 3.12. Material Agreements and Liens... 94

Organization; Powers. 46 SECTION 3.02. 53 TABLE OF CONTENTS (CONTINUED) PAGE 3.2 Authorization; Enforceability............................46 SECTION 3.03. ...................................... 53 3.3 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. ............................... 53 3.4 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Effect.................... 54 3.5 Litigation......................................................... 54 3.6 Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. ................................ 55 3.7 Taxes....................................................48.............................................................. 55 3.8 Titles to Real Property............................................ 55

Organization; Powers. 46 32 SECTION 3.02. Authorization; Enforceability............................46 ...................... 33 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ............... 33 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .... 33 SECTION 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48......................................... 34 (i) 3

Organization; Powers. 46 SECTION 45 Section 3.02. Authorization; Enforceability............................46 SECTION ..............................45 Section 3.03. Governmental Approvals; No Conflicts.....................46 SECTION .......................45 Section 3.04. Financial Condition; No Material Adverse Change......................46 SECTION Section 3.05. Properties...............................................47 SECTION .................................................46 Section 3.06. Litigation and Environmental Matters............................................47 SECTION Section 3.07. Compliance with Laws and Agreements..............................................47 SECTION Section 3.08. Investment and Holding Company Status................................48 SECTION ......................47 Section 3.09. Taxes..........................................................................................................47 Section 3.10. ERISA......................................................47 Section 3.11. Disclosure.................................................48 Section 3.12. Federal Reserve Regulations................................48 Section 3.13. Solvency...................................................48

Organization; Powers. 46 57 SECTION 3.02. Authorization; Enforceability............................46 ............ 57 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ..... 58 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ................................. 58 SECTION 3.05. Properties...............................................47 ............................... 59 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.

Organization; Powers. 46 70 SECTION 3.02. Authorization; Enforceability............................46 ......................... 70 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .................. 71 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ...................................... 71 SECTION 3.05. Properties...............................................47 ............................................ 71 SECTION 3.06. Litigation and Environmental Matters.....................47 ............................................. 72 SECTION 3.07. Compliance with Laws and Agreements......................47 ................... 72 SECTION 3.08. Investment and Holding Company Status................................48 .............................................. 72 SECTION 3.09. Taxes....................................................48................................................. 73 SECTION 3.10. ERISA................................................. 73 SECTION 3.11. Disclosure............................................ 73 SECTION 3.12. Subsidiaries.......................................... 73 ARTICLE IV Conditions

Organization; Powers. 46 SECTION 3.02. 54 Section 3.2 Authorization; Enforceability............................46 SECTION 3.03. ..........................55 Section 3.3 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. ...................55 Section 3.4 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. ....................................55 Section 3.5 Properties...............................................47 SECTION 3.06. .............................................56 Section 3.6 Litigation and Environmental Matters.....................47 SECTION 3.07. ...................56 Section 3.7 Compliance with Laws and Agreements......................47 SECTION 3.08. ....................56 Section 3.8 Investment and Holding Company Status................................48 SECTION 3.09. ..................57 Section 3.9 Taxes....................................................48..................................................57 Section 3.10 ERISA..................................................57 Section 3.11 Disclosure.............................................57 Section 3.12 Subsidiaries...........................................58 Section 3.13 Insurance..............................................58 Section 3.14

Organization; Powers. 46 18 SECTION 3.024.02. Authorization; Enforceability............................46 ................................18 SECTION 3.034.03. Governmental Government Approvals; No Conflicts.....................46 ...........................18 SECTION 3.044.04. Financial Condition; No Material Adverse Change..........46 ..............19 SECTION 3.054.05. Properties...............................................47 Year 2000....................................................19 SECTION 3.064.06. Litigation and Environmental Matters.....................47 Litigation...................................................19 SECTION 3.074.07. Compliance with Laws and Agreements......................47 ..........................19 SECTION 3.084.08. Investment and Holding Company Status................................48 ........................19 SECTION 3.094.09. Margin Regulations...........................................19 SECTION 4.10. Taxes....................................................48........................................................19 SECTION 4.11.

Organization; Powers. 46 42 SECTION 3.02. 3.02 Authorization; Enforceability............................46 .............................. 42 SECTION 3.03. 3.03 Governmental Approvals; No Conflicts.....................46 ....................... 42 SECTION 3.04. 3.04 Financial Condition; No Material Adverse Change..........46 ............ 42 SECTION 3.05. 3.05 Properties...............................................47 ................................................. 43 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48

Organization; Powers. 46 18 SECTION 3.024.02. Authorization; Enforceability............................46 .................................18 SECTION 3.034.03. Governmental Government Approvals; No Conflicts.....................46 ............................18 SECTION 3.044.04. Financial Condition; No Material Adverse Change..........46 ...............18 SECTION 3.054.05. Properties...............................................47 Litigation....................................................19 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.074.06. Compliance with Laws and Agreements......................47 ...........................19 SECTION 3.084.07. Investment and Holding Company Status................................48 .........................19 SECTION 3.094.08. Margin Regulations............................................19 SECTION 4.09. Taxes....................................................48.........................................................19 SECTION 4.10. Environmental Matters.........................................19 SECTION 4.11. Existing Agreement............................................19 SECTION 4.12. Solvency......................................................20

Organization; Powers. 46 44 SECTION 3.02. Authorization; Enforceability............................46 .................................44 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ..........................44 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ...............45 SECTION 3.05. Properties...............................................47 ....................................................45 SECTION 3.06. Litigation and Environmental Matters.....................47 ..........................45 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.

Organization; Powers. 46 50 SECTION 3.02. Authorization; Enforceability............................46 ..............................51 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .......................51 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ............51 SECTION 3.05. Properties...............................................47 .................................................52 SECTION 3.06. Litigation and Environmental Matters.....................47 .......................53 SECTION 3.07. Compliance with Laws and Agreements......................47 ........................53 SECTION 3.08. Investment and Holding Company Status................................48 ......................53 SECTION 3.09. Taxes....................................................48......................................................53 SECTION 3.10. ERISA......................................................54 SECTION 3.11. Disclosure.................................................54 SECTION 3.12. Subsidiaries...............................................54 SECTION 3.13. Use of Proceeds............................................54 SECTION 3.14. Solvency...................................................54

Organization; Powers. 46 SECTION 43 Section 3.02. Authorization; Enforceability............................46 SECTION ........................43 Section 3.03. Governmental Approvals; No Conflicts.....................46 SECTION .................43 Section 3.04. Financial Condition; No Material Adverse Change..........46 SECTION ......43 Section 3.05. Properties...............................................47 SECTION ...........................................44 Section 3.06. Litigation and Environmental Matters.....................47 SECTION .................44 Section 3.07. Compliance with Laws and Agreements......................47 SECTION ..................44 Section 3.08. Investment Company Status................................48 SECTION ............................44 Section 3.09. Taxes....................................................48................................................45 Section 3.10. ERISA................................................45 Section 3.11. Disclosure...........................................45 Section 3.12.

Organization; Powers. 46 44 SECTION 3.02. Authorization; Enforceability............................46 ...................................44 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ............................44 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .................45 SECTION 3.05. Properties...............................................47 ......................................................45 SECTION 3.06. Litigation and Environmental Matters.....................47 ............................45 SECTION 3.07. Compliance with Laws and Agreements......................47 .............................46 SECTION 3.08. Investment and Holding Company Status................................48 ...........................46 SECTION 3.09. Taxes....................................................48...........................................................46 SECTION 3.10. ERISA...........................................................46 SECTION 3.11. Disclosure......................................................47 SECTION 3.12.

Organization; Powers. 46 38 SECTION 3.02. Authorization; Enforceability............................46 ..................................................38 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ...........................................38 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ................................39 SECTION 3.05. Properties...............................................47 ; Insurance..........................................................39 SECTION 3.06. Litigation and Environmental Matters.....................47 ...........................................40 SECTION 3.07. Compliance with Laws and Agreements......................47 ............................................40 SECTION 3.08. Investment and Holding Company Status................................48 ..........................................40 SECTION 3.09. Taxes....................................................48..........................................................................40

Organization; Powers. 46 SECTION 3.02. 76 Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. ........................76 Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. .................76 Section 3.04 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. ......76 Section 3.05 Properties...............................................47 SECTION 3.06. ...........................................77 Section 3.06 Litigation and Environmental Matters.....................47 SECTION 3.07. .................77 Section 3.07 Compliance with Laws and Agreements......................47 SECTION 3.08. ..................77 Section 3.08 Investment and Holding Company Status................................48 SECTION 3.09. ................77 Section 3.09 Taxes....................................................48................................................77 Section 3.10

Organization; Powers. 46 37 SECTION 3.02. Authorization; Enforceability............................46 ..................................37 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ...........................37 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ................38 SECTION 3.05. Properties...............................................47 .....................................................38 SECTION 3.06. Litigation and Environmental Matters.....................47 ...........................38 SECTION 3.07. Compliance with Laws and Agreements......................47 ............................39 SECTION 3.08. Investment and Holding Company Status................................48 ..........................39 SECTION 3.09. Taxes....................................................48..........................................................39 SECTION 3.10. ERISA..........................................................40 SECTION 3.11. Disclosure.....................................................40

Organization; Powers. 46 43 SECTION 3.02. Authorization; Enforceability............................46 ................................ 43 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ......................... 43 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .............. 44 SECTION 3.05. Properties...............................................47 ................................................... 44 SECTION 3.06. Litigation and Environmental Matters.....................47 ......................... 44 SECTION 3.07. Compliance with Laws and Agreements......................47 .......................... 45 SECTION 3.08. Investment Company Status................................48 Government Regulation........................................ 45 SECTION 3.09. Taxes....................................................48........................................................ 45 SECTION 3.10. ERISA........................................................ 45 SECTION 3.11. Disclosure................................................... 45

Organization; Powers. 46 SECTION 3.02. 52 Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. ............................... 52 Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. ........................ 52 Section 3.04 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. ............. 52 Section 3.05 Properties...............................................47 SECTION 3.06. .................................................. 53 Section 3.06 Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48........................ 53 Contents, p. 2

Organization; Powers. 46 59 SECTION 3.02. Authorization; Enforceability............................46 Enforceability .............................. 59 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts ....................... 59 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Change ............ 59 SECTION 3.05. Properties...............................................47 Properties ................................................. 60 SECTION 3.06. Litigation and Environmental Matters.....................47 Matters ....................... 60 SECTION 3.07. Compliance with Laws and Agreements......................47 Agreements ........................ 61 SECTION 3.08. Investment and Holding Company Status................................48 SECTION 3.09. Taxes....................................................48Status ...................... 61

Organization; Powers. 46 SECTION 3.02. 50 Section 3.02 Authorization; Enforceability............................46 SECTION 3.03. ................................. 50 Section 3.03 Governmental Approvals; No Conflicts.....................46 SECTION 3.04. .......................... 50 Section 3.04 Financial Condition; No Material Adverse Change..........46 SECTION 3.05. ............... 50 Section 3.05 Properties...............................................47 SECTION 3.06. .................................................... 51 Section 3.06 Litigation and Environmental Matters.....................47 SECTION 3.07. .......................... 51 Section 3.07 Compliance with Laws and Agreements......................47 SECTION 3.08. ........................... 52 Section 3.08 Investment and Holding Company Status................................48 SECTION 3.09. ......................... 52 Section 3.09 Taxes....................................................48......................................................... 52 Section 3.10 ERISA; Margin Regulations..................................... 52 Section 3.11 Disclosure.................................................... 52 Contents, p. 2

Organization; Powers. 46 51 SECTION 3.024.02. Authorization; Enforceability............................46 .................................... 51 SECTION 3.034.03. Governmental Approvals; No Conflicts.....................46 ............................. 51 SECTION 3.044.04. Financial Condition; No Material Adverse Change..........46 .................. 52 SECTION 3.054.05. Properties...............................................47 ....................................................... 52 SECTION 3.064.06. Litigation and Environmental Matters.....................47 ............................. 52 SECTION 3.074.07. Compliance with Laws and Agreements......................47 .............................. 53 SECTION 3.084.08. Investment and Holding Company Status................................48 ............................ 53 SECTION 3.094.09. Taxes....................................................48............................................................ 53 SECTION 4.10. ERISA............................................................ 53 SECTION 4.11. Disclosure....................................................... 54 SECTION 4.12.

Organization; Powers. 46 38 SECTION 3.02. Authorization; Enforceability............................46 .............................38 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ......................38 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ...........39 SECTION 3.05. Properties...............................................47 ................................................39 SECTION 3.06. Litigation and Environmental Matters.....................47 ......................39 SECTION 3.07. Compliance with Laws and Agreements......................47 .......................39 SECTION 3.08. Investment and Holding Company Status................................48 SECTION 3.09. Taxes....................................................48.....................40

Organization; Powers. 46 40 SECTION 3.02. Authorization; Enforceability............................46 ................................................ 40 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Enforceability............................................... 40 SECTION 3.04. Governmental Approvals....................................... 40 SECTION 3.05. Financial Condition; Statements......................................... 40 SECTION 3.06. No Material Adverse Change..........46 SECTION 3.05. Properties...............................................47 SECTION 3.06. Litigation and Environmental Matters.....................47 ................................... 41 SECTION 3.07. Compliance with Laws and Agreements......................47 Title to Properties; Possession Under Leases................. 41 SECTION 3.08. Investment Company Status................................48 Subsidiaries................................................. 41 SECTION 3.09. Taxes....................................................48Litigation; Compliance with Laws............................. 41 SECTION 3.10. Agreements................................................... 42 Contents, p. 2

Organization; Powers. 46 ............................................... 14 SECTION 3.02. Authorization; Enforceability............................46 ........................................ 14 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ................................. 14 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ...................... 14 SECTION 3.05. Properties...............................................47 ........................................................... 14 SECTION 3.06. Litigation and Environmental Matters.....................47 ................................. 15 SECTION 3.07. Compliance with Laws and Agreements......................47 .................................. 15 SECTION 3.08. Investment and Holding Company Status................................48 ................................ 15 SECTION 3.09. Taxes....................................................48................................................................ 15 SECTION 3.10. ERISA................................................................ 15 SECTION 3.11. Disclosure........................................................... 15

Organization; Powers. 46 53 SECTION 3.02. Authorization; Enforceability............................46 ...............................................53 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 ........................................53 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 .............................54 SECTION 3.05. Properties...............................................47 ..................................................................54 SECTION 3.06. Litigation and Environmental Matters.....................47 SECTION 3.07. Compliance with Laws and Agreements......................47 SECTION 3.08. Investment Company Status................................48 SECTION 3.09. Taxes....................................................48.

Organization; Powers. 46 44 SECTION 3.02. Authorization; Enforceability............................46 ................................. 44 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 .......................... 45 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 ............... 45 SECTION 3.05. Properties...............................................47 Properties ................................................... 46 SECTION 3.06. Litigation and Environmental Matters.....................47 .......................... 46 SECTION 3.07. Compliance with Laws and Agreements......................47 ........................... 46 SECTION 3.08. Investment and Holding Company Status................................48 ......................... 47 SECTION 3.09. Taxes....................................................48Taxes ........................................................ 47 SECTION 3.10. ERISA ........................................................ 47 SECTION 3.11. Disclosure ................................................... 47 SECTION 3.12. Insurance .................................................... 47 SECTION 3.13. Leases ....................................................... 48 SECTION 3.14.

Organization; Powers. 46 56 SECTION 3.02. Authorization; Enforceability............................46 Enforceability .................................. 56 SECTION 3.03. Governmental Approvals; No Conflicts.....................46 Conflicts ........................... 57 SECTION 3.04. Financial Condition; No Material Adverse Change..........46 Change ................ 57 SECTION 3.05. Properties...............................................47 Properties ..................................................... 58 SECTION 3.06. Litigation and Environmental Matters.....................47 Matters ........................... 59 SECTION 3.07. Compliance with Laws and Agreements......................47 Agreements ............................ 60 SECTION 3.08. Investment and Holding Company Status................................48 Status .......................... 60 SECTION 3.09. Taxes....................................................48Taxes .......................................................... 60 SECTION 3.10. Disclosure ..................................................... 60 SECTION 3.11. Subsidiaries ................................................... 61 SECTION 3.12. Insurance ...................................................... 61 SECTION 3.13.