Common use of Loans to Executive Officers and Directors Clause in Contracts

Loans to Executive Officers and Directors. Except as disclosed in Section 4.21 of the Seller Disclosure Memorandum, the Seller has not, since its inception, extended or maintained credit, arranged for the extension of credit, or renewed an extension of credit, in the form of a personal loan to or for any director or executive officer (or equivalent thereof) of the Seller, except as permitted by Section 13(k) of the Exchange Act and Federal Reserve Regulation O. Section 4.21 of the Seller Disclosure Memorandum identifies any loan or extension of credit maintained by the Seller after January 1, 2003 to which the second sentence of Section 13(k)(1) of the Exchange Act applies or would apply if the Seller were subject to such Section.

Loans to Executive Officers and Directors. Except as disclosed in Section 4.21 5.20 of the Seller Buyer Disclosure Memorandum, the Seller Buyer has not, since its inception, extended or maintained credit, arranged for the extension of credit, or renewed an extension of credit, in the form of a personal loan to or for any director or executive officer (or equivalent thereof) of the SellerBuyer, except as permitted by Section 13(k) of the Exchange Act and Federal Reserve Regulation O. Section 4.21 5.19 of the Seller Buyer Disclosure Memorandum identifies any loan or extension of credit maintained by the Seller Buyer after January 1, 2003 to which the second sentence of Section 13(k)(1) of the Exchange Act applies or would apply if the Seller Buyer were subject to such Section.