Common use of Subject Documents Binding on Certain Parties Clause in Contracts

Subject Documents Binding on Certain Parties. Except with respect to the Borrower, all of the Subject Documents and the documents required or permitted to be delivered thereunder have been duly authorized by all necessary corporate or other action on the part of the parties thereto, have been duly executed and delivered by such parties and are legal, valid and binding obligations enforceable against such parties in accordance with their terms; August _, 2004 Page 3 of 7

Subject Documents Binding on Certain Parties. Except with respect to the Borrower, all of the Subject Documents and the documents required or permitted to be delivered thereunder have been duly authorized by all necessary corporate or other action on the part of the parties thereto, have been duly executed and delivered by such parties and are legal, valid and binding obligations enforceable against such parties in accordance with their terms; August _, 2004 Page 3 of 7.

Subject Documents Binding on Certain Parties. Except with respect to the Borrower, all All of the Subject Documents and the documents required or permitted to be delivered thereunder have been duly authorized by all necessary corporate or other action on the part of the parties theretothereto (other than the Borrower), have been duly executed and delivered by such parties and are legal, valid and binding obligations enforceable against such parties in accordance with their terms; August _, 2004 Page 3 of 7;

Subject Documents Binding on Certain Parties. Except with respect to the Borrower, all of the Subject Documents and the documents required or permitted to be delivered thereunder have been duly authorized by all necessary corporate or other action on the part of the parties thereto, have been duly executed and delivered by such March ___, 2004 Page 3 of 7 parties and are legal, valid and binding obligations enforceable against such parties in accordance with their terms; August _, 2004 Page 3 of 7;

Subject Documents Binding on Certain Parties. (i) Except with respect to the BorrowerUS Borrowers, all of the Subject Documents and the documents required or permitted to be delivered thereunder have been duly authorized by all necessary corporate or other organizational action on the part of the parties thereto, thereto and (ii) all of the Subject Documents and the documents required or permitted to be delivered thereunder have been duly executed and delivered by such parties and are legal, valid and binding obligations enforceable against such parties in accordance with their terms; August _, 2004 Page 3 of 7and,

Subject Documents Binding on Certain Parties. Except with respect to the Borrower, all of the Subject Documents and the documents required or permitted to be delivered thereunder have been duly authorized by all necessary corporate or other action on the part of the parties thereto, have been duly executed and delivered by such parties and are legal, valid and binding obligations enforceable against such parties in accordance with their terms; August _, 2004 Page 3 of 7;