Common use of Limitations on Debt Clause in Contracts

Limitations on Debt. 39 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 SECTION 9.6 Limitations on Sale of Assets.............................................................42 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................43 SECTION 9.9

Limitations on Debt. 39 56 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 Liens.......................................................................57 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ...............................58 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 SECTION 9.6 Limitations on Sale of Assets.............................................................42 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................43 SECTION 9.99.4

Limitations on Debt. 39 50 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 ................................... 51 SECTION 9.3 Negative Pledge; Limitation Limitations on Lien.......................................................40 Liens.................................................... 52 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 .......................................... 53 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 .................................. 54 SECTION 9.6 Limitations on Sale of Assets.............................................................42 ........................................... 55 SECTION 9.7 Limitations on Dividends and Distributions..............................................................42 ......................................................... 55 SECTION 9.8 Transactions with Affiliates..............................................................43 ............................................ 56 SECTION 9.99.9 Certain Accounting Changes.............................................. 56 SECTION 9.10 Amendments; Payments and Prepayments of Subordinated Debt..................................................... 56 SECTION 9.11

Limitations on Debt. 39 37 SECTION 9.2 10.2 Limitations on Contingent Obligations.....................................................40 Liens...................................................................... 38 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 SECTION 9.4 10.3 Limitations on Loans, . Advances, . Investments and Acquisitions..............................40 .............................. 39 SECTION 9.5 10.4 Limitations on Mergers and Liquidation....................................................42 .................................................... 39 SECTION 9.6 10.5 Limitations on Sale of Assets.............................................................42 ............................................................. 40 SECTION 9.7 10.6 Limitations on Dividends and Distributions..............................................................42 ................................................ 40 SECTION 9.8 10.7 Limitations on Exchange and Issuance of Capital Stock..................................... 40 SECTION 10.8 Transactions with Affiliates..............................................................43 .............................................................. 41 SECTION 9.910.9 Certain Accounting Changes................................................................ 41 SECTION 10.10

Limitations on Debt. 39 49 SECTION 9.2 10.2 Limitations on Contingent Obligations.....................................................40 Liens.......................................................................50 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 SECTION 9.4 10.3 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ...............................51 SECTION 9.5 10.4 Limitations on Mergers and Liquidation....................................................42 .....................................................51 SECTION 9.6 10.5 Limitations on Sale of Assets.............................................................42 ..............................................................51 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 10.6 Transactions with Affiliates..............................................................43 ...............................................................52 SECTION 9.910.7 Certain Accounting Changes.................................................................52 SECTION 10.8

Limitations on Debt. 39 SECTION 9.2 34 Section 10.7 Limitations on Contingent ObligationsSubsidiary Debt.....................................................40 SECTION 9.3 Negative Pledge; 35 Section 10.8 Line of Business...................................................................35 Section 10.9 Limitation on Lien.......................................................40 SECTION 9.4 Limitations on Loans, Advances, Investments Restricted Payment and Acquisitions..............................40 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 SECTION 9.6 Limitations on Investment....................................35 Section 10.10 Sale of Assets.............................................................42 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................43 SECTION 9.9.....................................................................35 -ii- TABLE OF CONTENTS PAGE ---- Section 11. EVENTS OF DEFAULT.......................................................................36 Section 12. REMEDIES ON DEFAULT, ETC................................................................39

Limitations on Debt. 39 68 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 Liens.................................................................... 69 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ............................ 70 SECTION 9.5 9.4 Limitations on Mergers and Liquidation....................................................42 .................................................. 71 SECTION 9.6 9.5 Limitations on Sale of Assets.............................................................42 ........................................................... 72 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................43 SECTION 9.99.6

Limitations on Debt. 39 60 SECTION 9.2 11.2 Limitations on Contingent Obligations.....................................................40 Liens.............................................................. 62 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 SECTION 9.4 11.3 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ...................... 63 SECTION 9.5 11.4 Limitations on Mergers and Liquidation....................................................42 ............................................ 65 SECTION 9.6 11.5 Limitations on Sale of Assets.............................................................42 ..................................................... 65 SECTION 9.7 11.6 Limitations on Dividends and Distributions..............................................................42 ........................................ 66 SECTION 9.8 11.7 Limitations on Exchange and Issuance of Capital Stock............................. 66 SECTION 11.8 Transactions with Affiliates..............................................................43 SECTION 9.9...................................................... 67

Limitations on Debt. 39 29 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 5.04. Negative Pledge ........................................................................ 30 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 SECTION 9.4 Limitations on Loans5.05. Consolidations, Advances, Investments and Acquisitions..............................40 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 SECTION 9.6 Limitations on Sale of Assets.............................................................42 Assets ............................................. 31 SECTION 9.7 Limitations on Distributions..............................................................42 5.06. Compliance with Laws ................................................................... 31 SECTION 9.8 Transactions with Affiliates..............................................................43 5.07. Use of Proceeds ........................................................................ 32 SECTION 9.95.08. Insurance .............................................................................. 32 SECTION 5.09. Inspection ............................................................................. 32

Limitations on Debt. 39 57 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 ......................................................57 SECTION 9.3 Negative Pledge; Limitation Limitations on Lien.......................................................40 Liens.......................................................................57 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ...............................57 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 .....................................................59 SECTION 9.6 Limitations on Sale of Assets.............................................................42 ..............................................................60 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................43 ...............................................................60 SECTION 9.99.8 Certain Accounting Changes.................................................................61 SECTION 9.9 Licenses...................................................................................61 SECTION 9.10

Limitations on Debt. 39 40 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 ........................41 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 ..........................41 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 Acquisitions.42 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 .......................43 SECTION 9.6 Limitations on Sale of Assets.............................................................42 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................................................43 SECTION 9.99.7

Limitations on Debt. 39 71 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 ................. 72 SECTION 9.3 Negative Pledge; Limitation Limitations on Lien.......................................................40 Liens.................................. 72 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ...................................... 73 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 ................ 75 SECTION 9.6 Limitations on Sale of Assets.............................................................42 ......................... 76 SECTION 9.7 Limitations on Dividends and Distributions..............................................................42 ............ 76 SECTION 9.8 Transactions with Affiliates..............................................................43 .......................... 77 SECTION 9.99.9 Certain Accounting Changes............................ 77 SECTION 9.10

Limitations on Debt. 39 72 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 Liens..................................................................... 73 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ............................. 74 SECTION 9.5 9.4 Limitations on Mergers and Liquidation....................................................42 ................................................... 75 SECTION 9.6 9.5 Limitations on Sale of Assets.............................................................42 ............................................................ 75 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................43 SECTION 9.99.6

Limitations on Debt. 39 63 SECTION 9.2 11.2 Limitations on Contingent Obligations.....................................................40 Liens.......................................................................64 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 SECTION 9.4 11.3 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ...............................65 SECTION 9.5 11.4 Limitations on Mergers and Liquidation....................................................42 .....................................................66 SECTION 9.6 11.5 Limitations on Sale of Assets.............................................................42 ..............................................................66 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................43 SECTION 9.911.6

Limitations on Debt. 39 SECTION 9.2 Limitations on Contingent Guaranty Obligations.............................................................................................................40 SECTION 9.3 Negative Pledge; Limitation Limitations on Lien.......................................................Liens.......................................................................40 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ...............................41 SECTION 9.5 Limitations on Mergers and Liquidation.........................................................................................................42 SECTION 9.6 Limitations on Sale of Assets...........................................................................................................................42 SECTION 9.7 Limitations on Dividends and Distributions..............................................................42 .................................................43 SECTION 9.8 Limitations on Exchange and Issuance of Capital Stock......................................43 SECTION 9.9 Transactions with Affiliates.............................................................................................................................43 SECTION 9.99.10

Limitations on Debt. 39 28 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 SECTION 9.3 5.04. Negative Pledge; Limitation on Lien.......................................................40 ..................................................................29 SECTION 9.4 Limitations on Loans5.05. Consolidations, Advances, Investments and Acquisitions..............................40 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 SECTION 9.6 Limitations on Sale of Assets.......................................30 SECTION 5.06. Compliance with Laws.............................................................42 30 SECTION 9.7 Limitations on Distributions..............................................................42 5.07. Use of Proceeds..................................................................30 SECTION 9.8 Transactions with Affiliates..............................................................43 5.08. Insurance........................................................................31 SECTION 9.95.09. Inspection.......................................................................31 ARTICLE VI: DEFAULTS...........................................................................................31

Limitations on Debt. 39 55 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 Liens.......................................................................56 SECTION 9.3 Negative Pledge; Limitation on Lien.......................................................40 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ...............................57 SECTION 9.5 9.4 Limitations on Mergers and Liquidation....................................................42 .....................................................59 SECTION 9.6 9.5 Limitations on Sale of Assets.............................................................42 ..............................................................59 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................43 SECTION 9.99.6

Limitations on Debt. 39 45 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 SECTION 9.3 5.04. Negative Pledge; Limitation on Lien.......................................................40 ................................................................... 46 SECTION 9.4 Limitations on Loans5.05. Consolidations, Advances, Investments and Acquisitions..............................40 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 SECTION 9.6 Limitations on Sale of Assets.............................................................42 ........................................ 47 SECTION 9.7 Limitations on Distributions..............................................................42 5.06. Compliance with Laws.............................................................. 47 SECTION 9.8 Transactions with Affiliates..............................................................43 5.07. Use of Proceeds................................................................... 48 SECTION 9.95.08. Insurance......................................................................... 48 SECTION 5.09. Inspection........................................................................ 48

Limitations on Debt. 39 71 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 ......................................................72 SECTION 9.3 Negative Pledge; Limitation Limitations on Lien.......................................................40 Liens.......................................................................72 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ...............................72 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 .....................................................74 SECTION 9.6 Limitations on Sale of Assets.............................................................42 ..............................................................74 SECTION 9.7 Limitations on Dividends and Distributions..............................................................42 .................................................75 SECTION 9.8 Transactions with Affiliates..............................................................43 ...............................................................75 SECTION 9.99.9 Certain Accounting Changes.................................................................75 SECTION 9.10 Licenses..................................................................................76 SECTION 9.11

Limitations on Debt. 39 55 SECTION 9.2 10.2 Limitations on Contingent Obligations.....................................................40 .......................................................55 SECTION 9.3 Negative Pledge; Limitation 10.3 Limitations on Lien.......................................................40 Liens........................................................................56 SECTION 9.4 10.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ................................57 SECTION 9.5 10.5 Limitations on Mergers and Liquidation....................................................42 SECTION 9.6 Limitations on Sale of Assets.............................................................42 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................43 SECTION 9.9......................................................58

Limitations on Debt. 39 41 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 ......................................42 SECTION 9.3 Negative Pledge; Limitation Limitations on LienLiens.......................................................40 42 SECTION 9.4 Limitations on Loans, Advances, Investments and Acquisitions..............................40 ...............42 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 .....................................44 SECTION 9.6 Limitations on Sale of Assets.............................................................42 ..............................................44 SECTION 9.7 Limitations on Distributions..............................................................42 SECTION 9.8 Transactions with Affiliates..............................................................43 ...............................................45 SECTION 9.99.8 Certain Accounting Changes.................................................45 SECTION 9.9 Licenses...................................................................45 SECTION 9.10

Limitations on Debt. 39 29 SECTION 9.2 Limitations on Contingent Obligations.....................................................40 SECTION 9.3 5.04. Negative Pledge; Limitation on Lien.......................................................40 ...................................................................30 SECTION 9.4 Limitations on Loans5.05. Consolidations, Advances, Investments and Acquisitions..............................40 SECTION 9.5 Limitations on Mergers and Liquidation....................................................42 SECTION 9.6 Limitations on Sale of Assets.............................................................42 ........................................31 SECTION 9.7 Limitations on Distributions5.06. Compliance with Laws..............................................................42 31 SECTION 9.8 Transactions with Affiliates..............................................................43 5.07. Use of Proceeds...................................................................31 SECTION 9.95.08. Insurance.........................................................................32 SECTION 5.09. Inspection........................................................................32 ARTICLE VI: DEFAULTS............................................................................................32