Common use of Use of Proceeds; Regulation U Clause in Contracts

Use of Proceeds; Regulation U. Following the application of proceeds of each Loan, have more than 25% of the value of assets of the Borrower, which are subject to any arrangement with the Administrative Agent or any Lender (herein or otherwise) whereby the Borrower’s or any Subsidiary’s right or ability to sell, pledge or otherwise dispose of assets is in any way restricted, be Margin Stock.

Use of Proceeds; Regulation U. Following the application of proceeds of each the Term Loan, have more than 25% of the value of assets of the Borrower, which are subject to any arrangement with the Administrative Agent or any Lender (herein or otherwise) whereby the Borrower’s or any Subsidiary’s right or ability to sell, pledge or otherwise dispose of assets is in any way restricted, be Margin Stock.

Use of Proceeds; Regulation U. Following the application of proceeds of each Term Loan, have more than 25% of the value of assets of the Borrower, which are subject to any arrangement with the Administrative Agent or any Lender (herein or otherwise) whereby the Borrower’s or any Subsidiary’s right or ability to sell, pledge or otherwise dispose of assets is in any way restricted, be Margin Stock.

Use of Proceeds; Regulation U. Following the application of proceeds of each Loan, have not more than 25% of the value of assets of either of the BorrowerCompanies, which are subject to any arrangement with the Administrative Agent or any Lender Bank (herein or otherwise) whereby the Borrower’s such Company's or any Subsidiary’s 's right or ability to sell, pledge or otherwise dispose of assets is in any way restricted, shall be Margin Stock.

Use of Proceeds; Regulation U. Following the application of proceeds of each Loan, have more than 25% of the value of assets of the Borrower, which are subject to any arrangement with the Administrative Agent or any Lender (herein or otherwise) whereby the Borrower’s 's or any Subsidiary’s 's right or ability to sell, pledge or otherwise dispose of assets is in any way restricted, be Margin Stock.