Common use of Limitation on Use of Proceeds Clause in Contracts

Limitation on Use of Proceeds. The Company will apply the net proceeds received from the issuance and sale of the Securities (the "Securities Net Proceeds") toward the construction, improvement, and acquisition by the Company or one or more Restricted Subsidiaries of the Company or Joint Ventures of Telecommunications Assets of the Company, such Restricted Subsidiaries or Joint Ventures (or will advance such net proceeds to such Restricted Subsidiaries of the Company or Joint Ventures for such purpose); provided, however, pending such application, the Securities Net Proceeds may be invested in Marketable Securities. ARTICLE ELEVEN

Limitation on Use of Proceeds. The Company will apply the net proceeds received 108 from the issuance and sale of the Securities (the "Securities Net Proceeds") toward the construction, improvement, and acquisition by the Company or one or more Restricted Subsidiaries of the Company or Joint Ventures of Telecommunications Assets of the Company, such Restricted Subsidiaries or Joint Ventures (or will advance such net proceeds to such Restricted Subsidiaries of the Company or Joint Ventures for such purpose); provided, however, pending such application, the Securities Net Proceeds may be invested in Marketable Securities. ARTICLE ELEVEN