Common use of Investments, Loans, Advances and Guarantees Clause in Contracts

Investments, Loans, Advances and Guarantees. The Borrower will not, and will not permit any of its Subsidiaries to make any loans or advances to, Guarantee any obligations of, or make any investment or any other interest in, any person that is not a Subsidiary, except that the Borrower or any Subsidiary may make loans or advances to, or investments or other interests in any person that is not a Subsidiary if at the time of the making of such loan, advance, investment or other interest the aggregate book value of assets (plus the aggregate amount of any non-cash write downs therein under FASB Accounting Standards Codification topics “Extractive Activities — Oil & Gas”, “Income Taxes”, “Intangibles — Goodwill and Other” and “Property, Plant and Equipment” (as successors to Statements of Financial Accounting Standards Nos. 19, 109, 142, and 144) (and any standards replacing, modifying or superceding any such Standard) after December 31, 2010, net of associate taxes) of the Borrower and its Subsidiaries on a consolidated basis (excluding investments in persons that are not Subsidiaries) exceeds $2,750,000,000.

Investments, Loans, Advances and Guarantees. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to make any loans or advances to, Guarantee any obligations of, or make any investment or any other interest in, any person that is not a Subsidiary, Unrestricted Subsidiaries except that the Borrower or any Subsidiary Restricted Subsidiaries may make loans or advances to, or investments or other interests in any person that is not a Subsidiary Unrestricted Subsidiaries if at the time of the making of such loan, advance, investment or other interest the aggregate book value of assets (plus the aggregate amount of any non-cash write downs therein under FASB Accounting Standards Codification topics “Extractive Activities — – Oil & Gas”, “Income Taxes”, “Intangibles — – Goodwill and Other” and “Property, Plant and Equipment” (as successors to Statements of Financial Accounting Standards Nos. 19, 109, 142, and 144) (and any standards replacing, modifying or superceding any such Standard) after December 31, 2010, net of associate taxes) of the Borrower and its Restricted Subsidiaries on a consolidated basis (excluding investments in persons that are not Unrestricted Subsidiaries) exceeds $2,750,000,000.

Investments, Loans, Advances and Guarantees. The Borrower will not, and will not permit any of its Subsidiaries to make any loans or advances to, Guarantee guarantee any obligations of, or make any investment or any other interest in, any person that is not a Subsidiary, except that the Borrower or any Subsidiary may make loans or advances to, guarantee any obligations of, or make investments or any other interests interest in any person that is not a Subsidiary if at the time of the making of such loan, advance, investment or other interest the aggregate book value of assets (plus the aggregate amount of any non-cash write downs therein under FASB Accounting Standards Codification topics “Extractive Activities — – Oil & Gas”, “Income Taxes”, “Intangibles — – Goodwill and Other” and “Property, Plant and Equipment” (as successors to Statements of Financial Accounting Standards Nos. 19, 109, 142, and 144) (and any standards replacing, modifying or superceding any such Standard) after December 31, 20102015, net of associate taxes) of the Borrower and its Subsidiaries on a consolidated basis (excluding investments in persons that are not Subsidiaries) exceeds $2,750,000,000.

Investments, Loans, Advances and Guarantees. The Borrower will not, and will not permit any of its Subsidiaries to make any loans or advances to, Guarantee guarantee any obligations of, or make any investment or any other interest in, any person that is not a Subsidiary, except that the Borrower or any Subsidiary may make loans or advances to, guarantee any obligations of, or make investments or any other interests interest in any person that is not a Subsidiary if at the time of the making of such loan, advance, investment or other interest the aggregate book value of assets (plus the aggregate amount of any non-cash write downs therein under FASB Accounting Standards Codification topics “Extractive Activities — – Oil & Gas”, “Income Taxes”, “Intangibles — – Goodwill and Other” and “Property, Plant and Equipment” (as successors to Statements of Financial Accounting Standards Nos. 19, 109, 142, and 144) (and any standards replacing, modifying or superceding any such Standard) after December 31, 20102013, net of associate taxes) of the Borrower and its Subsidiaries on a consolidated basis (excluding investments in persons that are not Subsidiaries) exceeds $2,750,000,000.