Loan Proceeds. Upon the approval of an Eligible Borrowers application for a Participant Loan, the Participant Loan proceeds shall be derived from the proceeds of the sale or redemption of Investment Funds in the Eligible Borrowers Before-Tax, After-Tax and Rollover Accounts, and, effective as of , Roth Account, in the manner specified in the Loan Procedures. The proceeds of such sales or redemptions shall be transferred # from the Eligible Borrowers other Accounts to his Loan Account, and # from his Loan Account to the Eligible Borrower.
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