Common use of Federal Reserve Regulations; Use of Proceeds Clause in Contracts

Federal Reserve Regulations; Use of Proceeds. The Company is not -------------------------------------------- engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, as amended ("Margin Stock"). No part of the proceeds of the Loans will be used, directly or indirectly, for a purpose with violates any law, rule or regulation of any Governmental Authority, including, without limitation, the provisions of Regulations G, T, U or X of the Board of Governors of the Federal Reserve System, as amended. No part of the proceeds of the Loans will be used, directly or indirectly, to purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock.

Federal Reserve Regulations; Use of Proceeds. The Neither the Company -------------------------------------------- nor any Subsidiary is not -------------------------------------------- engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, as amended ("Margin Stock"). No part of the proceeds of the Loans will be used, directly or indirectly, for a purpose with which violates any law, rule or regulation of any Governmental Authority, including, without limitation, the provisions of Regulations G, T, U or X of the Board of Governors of the Federal Reserve System, as amended. No part of the proceeds of the Loans will be used, directly or indirectly, to purchase in whole or carry in part, for the purpose of purchasing or carrying any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock.

Federal Reserve Regulations; Use of Proceeds. The Neither the Company nor any Subsidiary is not -------------------------------------------- engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, as amended ("Margin Stock"). No part of the proceeds of the Loans will be used, directly or indirectly, for a purpose with which violates any law, rule or regulation of any Governmental Authority, including, without limitation, the provisions of Regulations G, T, U or X of the Board of Governors of the Federal Reserve System, as amended. No part of the proceeds of the Loans will be used, directly or indirectly, to purchase in whole or carry in part, for the purpose of purchasing or carrying any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock.

Federal Reserve Regulations; Use of Proceeds. The Neither the Company nor the Guarantor is not -------------------------------------------- engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U of the Board of Governors of the Federal Reserve System, as amended ("Margin Stock"). No part of the proceeds of the Loans will be used, directly or indirectly, for a purpose with violates any law, rule or regulation of any Governmental Authority, including, without limitation, the provisions of Regulations G, T, U or X of the Board of Governors of the Federal Reserve System, as amended. No part of the proceeds of the Loans will be used, directly or indirectly, to purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock.