Common use of Use of Proceeds; Margin Stock Clause in Contracts

Use of Proceeds; Margin Stock. The proceeds of the Advances shall be used by the Borrower solely for the acquisition of Mortgage Loans under the Repurchase Agreement. None of such proceeds shall be used for the purpose of purchasing or carrying any "margin stock" as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that was originally incurred to purchase or carry margin stock or for any other purpose that might constitute this transaction a "purpose credit" within the meaning of such Regulation U. Neither the Borrower nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations U or X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.

Use of Proceeds; Margin Stock. The proceeds of the Advances shall be used by the Borrower solely for the acquisition of Mortgage Loans under the Repurchase Agreement. None of such proceeds shall be used for the purpose of purchasing or carrying any "“margin stock" ” as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that was originally incurred to purchase or carry margin stock or for any other purpose that might constitute this transaction a "“purpose credit" ” within the meaning of such Regulation U. Neither the Borrower nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations U or X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.

Use of Proceeds; Margin Stock. The proceeds of the Advances all Loans shall be used by the Borrower solely for the acquisition origination and purchase of Eligible Mortgage Loans under the Repurchase AgreementLoans. None of such proceeds shall be used for the purpose of purchasing or carrying any "“margin stock" ” as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that which was originally incurred to purchase or carry margin stock or for any other purpose that which might constitute this transaction a "“purpose credit" ” within the meaning of such Regulation U. Neither the Borrower nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations Regulation U or Regulation X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.

Use of Proceeds; Margin Stock. The proceeds of the Advances all Loans shall be used by the Borrower solely for the acquisition origination and purchase of Eligible Mortgage Loans under the Repurchase Agreementpending sale to an Investor. None of such proceeds shall be used for the purpose of purchasing or carrying any "margin stock" as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that which was originally incurred to purchase or carry margin stock or for any other purpose that which might constitute this transaction a "purpose credit" within the meaning of such Regulation U. Neither the Borrower nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations Regulation U or Regulation X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.

Use of Proceeds; Margin Stock. The proceeds of the Advances all Loans shall be used by the Borrower solely for the acquisition origination and purchase of Eligible Mortgage Loans under the Repurchase AgreementLoans. None of such proceeds shall be used for the purpose of purchasing or carrying any "“margin stock" ” as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that which was originally incurred to purchase or carry margin stock or for any other purpose that which might constitute this transaction a "“purpose credit" ” within the meaning of such Regulation U. Neither the Borrower nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations Regulation U or Regulation X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.

Use of Proceeds; Margin Stock. The proceeds of the Advances all Loans shall be used by the Borrower solely for the acquisition origination and purchase of Eligible Mortgage Loans under the Repurchase AgreementLoans. None of such proceeds shall be used for the purpose of purchasing or carrying any "margin stock" as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that which was originally incurred to purchase or carry margin stock or for any other purpose that which might constitute this transaction a "purpose credit" within the meaning of such Regulation U. Neither the Borrower nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations Regulation U or Regulation X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.

Use of Proceeds; Margin Stock. The proceeds of the Advances shall be used by the Borrower solely for the acquisition funding of Mortgage Loans under Consumer Notes in the Repurchase Agreementordinary course of Borrower's business. None of such proceeds shall be used for the purpose of purchasing or carrying any "margin stock" as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that which was originally incurred to purchase or carry margin stock or for any other purpose that which might constitute this transaction a "purpose credit" within the meaning of such Regulation U. Neither the Borrower nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations Regulation U or Regulation X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.

Use of Proceeds; Margin Stock. The proceeds of the Advances shall be used by the Borrower solely for the acquisition of Mortgage Loans under the Second Restated Repurchase Agreement. None of such proceeds shall be used for the purpose of purchasing or carrying any "margin stock" as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that was originally incurred to purchase or carry margin stock or for any other purpose that might constitute this transaction a "purpose credit" within the meaning of such Regulation U. Neither the Borrower nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations U or X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.

Use of Proceeds; Margin Stock. The proceeds of the Advances shall be used by the Borrower Xxxxxxxx solely for the acquisition funding of Mortgage Loans under Consumer Notes in the Repurchase Agreementordinary course of Xxxxxxxx's business. None of such proceeds shall be used for the purpose of purchasing or carrying any "margin stock" as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that which was originally incurred to purchase or carry margin stock or for any other purpose that which might constitute this transaction a "purpose credit" within the meaning of such Regulation U. Neither the Borrower nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations Regulation U or Regulation X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.

Use of Proceeds; Margin Stock. The proceeds of the Advances ----------------------------- shall be used by the Borrower solely for the acquisition funding of Mortgage Loans under Notes in the Repurchase Agreementordinary course of Borrower's business. None of such proceeds shall be used for the purpose of purchasing or carrying any "margin stock" as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that which was originally incurred to purchase or carry margin stock or for any other purpose that which might constitute this transaction a "purpose credit" within the meaning of such Regulation U. Neither the Borrower nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations Regulation U or Regulation X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.

Use of Proceeds; Margin Stock. The proceeds of the Advances all Loans shall be used by the Borrower Borrowers solely for the acquisition origination and purchase of Eligible Mortgage Loans under the Repurchase Agreementpending sale to an Investor. None of such proceeds shall be used for the purpose of purchasing or carrying any "“margin stock" ” as defined in Regulation U, or for the purpose of reducing or retiring any Indebtedness that which was originally incurred to purchase or carry margin stock or for any other purpose that which might constitute this transaction a "“purpose credit" ” within the meaning of such Regulation U. Neither the Borrower Borrowers nor any Person acting on behalf of the Borrower shall take any action in violation of Regulations Regulation U or Regulation X or shall violate Section 7 of the Securities Exchange Act of 1934, as amended, 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may hereafter be in effect.