Common use of Use of Proceeds; Regulation U Clause in Contracts

Use of Proceeds; Regulation U. The proceeds of each Borrowing will be used by the Borrower solely (i) to fund the Borrower’s and its Subsidiaries’ working capital needs, and (ii) for general corporate purposes of the Borrower and its Subsidiaries. The Borrower will not use any part of the proceeds of any of the Borrowings directly or indirectly to purchase or carry any margin stock (as defined in Section 5.10 hereof) or to extend credit to others for the purpose of purchasing or carrying any such margin stock.

Use of Proceeds; Regulation U. The proceeds of each Borrowing will be used by the Borrower solely (i) to fund the Borrower’s and its Subsidiaries’ working capital needs, and (ii) for general corporate purposes of the Borrower and its SubsidiariesBorrower. The Borrower will not use any part of the proceeds of any of the Borrowings directly or indirectly to purchase or carry any margin stock (as defined in Section 5.10 hereof) or to extend credit to others for the purpose of purchasing or carrying any such margin stock.

Use of Proceeds; Regulation U. The proceeds of each Borrowing will be used by the Borrower solely (i) to fund the Borrower’s and its Subsidiaries’ working capital needs, and (ii) for general corporate purposes of the Borrower and its SubsidiariesBorrower. The Borrower will not use any part of the proceeds of any of the Borrowings directly or indirectly to purchase or carry any margin stock (as defined in Section 5.10 hereof) or to extend credit to others for the purpose of purchasing or carrying any such margin stock.

Use of Proceeds; Regulation U. The proceeds of each Borrowing will be used by the Borrower solely (i) to fund the provide liquidity support for Borrower’s and its Subsidiaries’ commercial paper program, (ii) to fund Borrower’s working capital needs, and (iiiii) for general corporate purposes of the Borrower and its SubsidiariesBorrower. The Borrower will not use any part of the proceeds of any of the Borrowings directly or indirectly to purchase or carry any margin stock (as defined in Section 5.10 hereof) or to extend credit to others for the purpose of purchasing or carrying any such margin stock.