Common use of Use of Proceeds; Letters of Credit Clause in Contracts

Use of Proceeds; Letters of Credit. The Borrower shall use the proceeds of the Loans and the Letters of Credit for general corporate purposes only, to include, without limitation, acquisitions, repayment of Indebtedness, capital expenditures, working capital, short-term bridge advances and payment of fees and expenses related to this Agreement and the other transactions contemplated by this Agreement and the other Loan Documents. No part of the proceeds of any Loan or Letter of Credit will be used (a) for the purpose of buying or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System or to extend credit to others for the purpose of purchasing or carrying any such margin stock or (b) to fund any operations in, to finance any investments or activities in, or make any payments to, a Sanctioned Person or Sanctioned Entity.

Use of Proceeds; Letters of Credit. The Borrower Borrowers shall use the proceeds of the Loans and the Letters of Credit for general corporate purposes onlypurposes, to include, without limitation, acquisitions, including the repayment of Indebtednessthe Indebtedness under the Original Agreement, capital expenditures, working capital, short-term bridge advances and payment of fees closing costs and expenses related to this Agreement fees, the acquisition, renovation and improvement of real property, the making of mortgage loans against real property, and for other transactions contemplated by this Agreement and purposes consistent with the other Loan Documentsbusiness activities described in Section 6.1(u). No part of the proceeds of any Loan or Letter of Credit will be used (a) for the purpose of buying or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System or to extend credit to others for the purpose of purchasing or carrying any such margin stock or (b) to fund finance any operations in, to finance any investments or activities in, or make any payments to, a Sanctioned Person or Sanctioned Entity.

Use of Proceeds; Letters of Credit. The Borrower shall use the proceeds of the Loans and the Letters of Credit for general corporate purposes only, to include, without limitation, acquisitions, repayment of Indebtedness, capital expenditures, working capital, short-term bridge advances and payment of fees and expenses related to this Agreement and the other transactions contemplated by this Agreement and the other Loan Documents. No part of the proceeds of any Loan or Letter of Credit will be used (a) for the purpose of buying or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System or to extend credit to others for the purpose of purchasing or carrying any such margin stock or (b) to fund any operations in, to finance any investments or activities in, or make any payments to, a Sanctioned Person or Sanctioned Entity.

Use of Proceeds; Letters of Credit. The Borrower shall use the proceeds of the Revolving Loans and the all Letters of Credit only for general corporate purposes onlypurposes, including but not limited to includethe acquisition and redevelopment of neighborhood shopping center properties, without limitation, acquisitions, repayment of Indebtedness, capital expenditures, working capital, short-term bridge advances and payment of fees and expenses related to this Agreement and the refinancing of existing Indebtedness. The Borrower shall not, and shall not permit any Loan Party or any other transactions contemplated by this Agreement and the other Loan Documents. No Subsidiary to, use any part of the such proceeds of any Loan or Letter Letters of Credit will be used to purchase or carry, or to reduce or retire or refinance any credit incurred to purchase or carry, any margin stock (a) for the purpose of buying or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System System) or to extend credit to others for the purpose of purchasing or carrying any such margin stock or (b) to fund any operations in, to finance any investments or activities in, or make any payments to, a Sanctioned Person or Sanctioned Entityexcept for purchases of the common stock of the Parent made in compliance with such Regulation and other Applicable Law.

Use of Proceeds; Letters of Credit. The Borrower shall use the proceeds of the Loans and the Letters of Credit for acquisitions, development and other general corporate purposes only, to includeincluding, without limitation, acquisitionsto finance, together with proceeds of the loans under the Term Loan Agreement, the repayment of Indebtednessall indebtedness, capital expenditures, working capital, short-term bridge advances liabilities and payment of fees and expenses related to this Agreement and obligations owing by the other transactions contemplated by this Agreement and Loan Parties under the other Loan DocumentsExisting Credit Agreements. No part of the proceeds of any Loan or Letter of Credit will be used (a) for the purpose of buying or carrying “margin stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System or to extend credit to others for the purpose of purchasing or carrying any such margin stock or (b) to fund any operations in, to finance any investments or activities in, or make any payments to, a Sanctioned Person or Sanctioned Entity.