Common use of Regulation U Clause in Contracts

Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.

Regulation U. Neither None of the Borrower Borrowers is nor any Subsidiary is will be engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation Regulations T, U or X of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Advance or any Term Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the any Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.

Regulation U. Neither the Borrower Company nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower Servicer nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Cash Investment will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary is its Subsidiaries are engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit advance made by Bank to Borrower hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.

Regulation U. Neither the Borrower Holdings nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary Guarantor is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any the Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of Governors of the Federal Reserve System.

Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) Board), and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of the Governors of the Federal Reserve System.

Regulation U. Neither the Borrower Company nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying "margin stock stock" (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit loan hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.

Regulation U. Neither the Borrower Borrowers nor any Subsidiary is are engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) U), and no part of the proceeds of any Loan or other extension of credit hereunder Borrowing will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock. Margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrowers and their Subsidiaries which are subject to any limitation on sale, pledge, or other restriction hereunder.

Regulation U. Neither the Borrower nor any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposeMargin Stock.

Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any the Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of Governors of the Federal Reserve System.

Regulation U. Neither the Borrower nor any Subsidiary of its Restricted Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit advance made by Lenders to Borrower hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary is engaged in ------------ the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit the Loans made hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for the purpose of purchasing or carrying any such a purposemargin stock.

Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder will shall be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower Company nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Term Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary is its Subsidiaries are engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.advance made by Bank to

Regulation U. Neither the Borrower nor any Subsidiary Guarantor is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan Advance or other extension Letter of credit hereunder Credit will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower Borrowers nor any Subsidiary is of their Subsidiaries has engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit made hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.

Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is or will be engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of issued by the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower Company nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) of, and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase used, directly or carry any indirectly, for purchasing and carrying margin stock (other than within the Borrower's common stock) or to extend credit to others for such a purpose.meaning of Federal Reserve Board Reg. U.

Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.

Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) U), and no part of the proceeds of any Loan or other extension of credit hereunder Borrowing will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock. Margin stock (as defined in Regulation U) constitutes less than 25% of the value of those assets of the Borrower and its Subsidiaries which are subject to any limitation on sale, pledge, or other restriction hereunder.

Regulation U. Neither the Borrower nor any Subsidiary is has engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan Advance or other extension Letter of credit hereunder Credit will be used to purchase or carry any margin stock (other than in violation of Regulation T, U or X of the Borrower's common stock) Board of Governors of the Federal Reserve System or to extend credit to others any other Person for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Advance or Term Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the any Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose).

Regulation U. Neither the Borrower nor any Subsidiary of its Subsidiaries is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of Governors of the Federal Reserve System.

Regulation U. Neither the Borrower Borrower, nor any Subsidiary of its Subsidiaries, is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of Governors of the Federal Reserve System.

Regulation U. Neither the Borrower nor any of its Restricted Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as defined in Regulation U of the Board of Governors of the Federal Reserve System) Board), and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (or for any other than purpose which would violate any of the Borrower's common stock) or to extend credit to others for such a purposemargin requirements of the Board of the Governors of the Federal Reserve System.

Regulation U. Neither any of the Borrower Borrowers nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of Advance or any Loan or other extension of credit hereunder portion thereof will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to reduce or retire any indebtedness incurred for such purpose or to extend credit to others for such a purpose.

Regulation U. Neither the Borrower Company nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit loan hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purpose.

Regulation U. Neither the Borrower nor any Subsidiary Guarantor is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower or any of its Subsidiaries is, nor any Subsidiary is will be, engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation Regulations T, U or X of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Advance or the Term Loan or other extension of credit hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary is of its Subsidiaries has engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder the Loans will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to reduce or retire any indebtedness incurred for such purpose or to extend credit to others for such a purpose.

Regulation U. Neither the Borrower or any of its Subsidiaries is, nor any Subsidiary is will be, engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation Regulations T, U or X of the Board of Governors of the Federal Reserve System) ), and no part of the proceeds of any Loan or other extension of credit hereunder Advance will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.

Regulation U. Neither the Borrower nor any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System) Margin Stock, and no part of the proceeds of any Loan or other extension of credit hereunder will be used to purchase for the purpose, whether immediate, incidental or carry ultimate, of purchasing or carrying any margin stock (other than the Borrower's common stock) Margin Stock or to extend maintaining or extending credit to others for such a purpose.

Regulation U. Neither the Borrower nor any Subsidiary is engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of as that term is defined in Regulation U of issued by the Board of Governors of the Federal Reserve System) and no part of the proceeds of any Loan or other extension of credit the Credit Facilities hereunder will be used to purchase or carry any margin stock (other than the Borrower's common stock) or to extend credit to others for such a purposethe purpose of purchasing or carrying any margin stock.