Margin Regulations. The ​ is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), extending credit for the purpose of purchasing or carrying margin stock or refunding indebtedness originally incurred for such purpose, in each case in violation of, or for a purpose which violates, or would be inconsistent with, Regulation T, U or X of the FRB. Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25% of the value of the assets (either of the ​ only or of the ​ and its Subsidiaries on a Consolidated basis) subject to the provisions of [Section 7.01] or [Section 7.05] or subject to any restriction contained in any agreement or instrument between the ​ and any [[Organization A:Organization]] or any Affiliate of any [[Organization A:Organization]] relating to Indebtedness and within the scope of [Section 8.01(e)] will be margin stock.

Margin Regulations. The ​Neither the Borrower nor any of its Subsidiaries is not engaged andor will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB)U), or extending credit for the purpose of purchasing or carrying margin stock or refunding indebtedness originally incurred for such purpose, in each case in violation of, or for a purpose which violates, or would be inconsistent with, Regulation T, U or X of the FRB.stock. Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25%twenty-five percent (25%) of the value of the assets (either of the ​Borrower only or of the ​Borrower and its Subsidiaries on a Consolidated basis) subject to the provisions of [SectionSection 7.01]01 or [SectionSection 7.05]05 or subject to any restriction contained in any agreement or instrument between the ​Borrower or any of its Subsidiaries and any [[Organization A:Organization]]Lender or any Affiliate of any [[Organization A:Organization]]Lender relating to Indebtedness and within the scope of [SectionSection 8.01(e)] will be margin stock.

Margin Regulations. The ​No Borrower is not engaged andor will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB)U), or extending credit for the purpose of purchasing or carrying margin stock or refunding indebtedness originally incurred for such purpose, in each case in violation of, or for a purpose which violates, or would be inconsistent with, Regulation T, U or X of the FRB.stock. Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25% of the value of the assets (either of the ​applicable Borrower only or of the ​ and its Subsidiaries on a Consolidatedconsolidated basis) subject to the provisions of [Section 7.01] or [Section 7.05]02] or subject to any restriction contained in any agreement or instrument between the ​any Borrower and any [[Organization A:Organization]]Lender or any Affiliate of any [[Organization A:Organization]]Lender relating to Indebtedness and within the scope of [Section 8.01(e)] will be margin stock.

Margin Regulations. The ​Regulations; Investment Company Act. Neither Borrower is not engaged and neither Borrower will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB)FRBFederal Reserve Board), or extending credit for the purpose of purchasing or carrying margin stock or refunding indebtedness originally incurred for such purpose, in each case in violation of, or for a purpose which violates, or would be inconsistent with, Regulation T, U or X of the FRB.stock. Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25% of the value of the assets (either of the ​either Borrower only or of the ​either Borrower and its respective Subsidiaries on a Consolidatedconsolidated basis) subject to the provisions of [SectionSection 7.01]01 or [SectionSection 7.05]05 or subject to any restriction contained in any agreement or instrument between the ​either Borrower and any [[Organization A:Organization]]Lender or any Affiliate of any [[Organization A:Organization]]Lender relating to Indebtedness and within the scope of [Section 8.01(e)] will be margin stock.

Section # Compliance with Margin Stock Regulations. The [[Borrower:Organization A:Organization]] is not engaged and will not engage, principallyprincipally, or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), extending credit for the purpose of purchasing or carrying “‘margin stock or refunding indebtedness originally incurred for such purpose, in each case in violation of, or for a purpose which violates, or would be inconsistent with,stock” (within the meaning of Regulation T, U or Regulation X of the FRB. Following the applicationFederal Reserve Board), and no part of the proceeds of each Borrowingthe Loans will be used to purchase or drawing under each Lettercarry any “margin stock,” to extend credit to others for the purpose of Credit,purchasing or carrying any “margin stock” or for any other purpose which might constitute this transaction a “purpose credit” within the meaning of Regulation U or Regulation X. In addition, not more than 25%twenty-five percent (25%) of the value (as determined by any reasonable method) of the assets (either of the ​ only or of the ​ and its Subsidiaries on a Consolidated basis) subject to the provisions of [Section 7.01] or [Section 7.05] or subject to any restriction contained in any agreement or instrument between the ​ and any [[Organization A:Organization]] or any Affiliateconsists of any [[Organization A:Organization]] relating to Indebtedness and within the scope of [Section 8.01(e)] will be margin stock.

Margin Regulations. The ​No Credit Party or Subsidiary is not engaged andnor will notit engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock or refunding indebtedness originally incurred for such purpose, in each case in violation of, or for a purpose which violates, or would be inconsistent with, Regulation T, U or X of the FRB.Applicable Law. Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25%twenty-five percent (25%) of the value of the assets (either of the ​ only or of the ​Borrower and its Subsidiaries on a Consolidated basis)consolidated basis subject to the provisions of [Section 7.01]Section 9.1 or [Section 7.05]9.5] or subject to any restriction contained in any agreement or instrument between the ​Borrower and any [[Organization A:Organization]]Lender or any Affiliate of any [[Organization A:Organization]]Lender relating to Indebtedness and within the scope of [Section 8.01(Section 10.1(e)] will be margin stock.

Margin Regulations. The ​Section # Federal Reserve Regulations, Etc. No Borrower nor any of its Subsidiaries is not engaged and will not engage, principallyprincipally, or as one of itstheir important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), extending credit for the purpose of purchasingbuying or carrying margin stockMargin Stock. Immediately before and after giving effect to the making of each Loan and the issuance of each Letter of Credit, Margin Stock will constitute less than 25% of each Borrower's assets as determined in accordance with Regulation U. No part of the proceeds of any Loan or refunding indebtedness originally incurredany Letter of Credit will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, # to purchase, acquire or carry any Margin Stock or for such purpose, in each case inany purpose that entails a violation of, or for a purpose which violates, or would bethat is inconsistent with, the provisions of the regulations of the Board, including Regulation T, U or X of the FRB. Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25% of the value of the assets (either of the ​ only# for any purpose that would violate any Anti-Corruption Laws or of the ​ and its Subsidiaries on a Consolidated basis) subject to the provisions of [Section 7.01] or [Section 7.05] or subject to any restriction contained in any agreement or instrument between the ​ and any [[Organization A:Organization]] or any Affiliate of any [[Organization A:Organization]] relating to Indebtedness and within the scope of [Section 8.01(e)] will be margin stock.applicable Sanctions.

Margin Regulations. The ​No Credit Party or Subsidiary is not engaged andnor will notit engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock or refunding indebtedness originally incurred for such purpose, in each case in violation of, or for a purpose which violates, or would be inconsistent with, Regulation T, U or X of the FRB.Applicable Law. Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25%twenty-five percent (25%) of the value of the assets (either of the ​ only or of the ​Borrower and its Subsidiaries on a Consolidated basis)consolidated basis subject to the provisions of [Section 7.01]Section 9.1 or [Section 7.05]Section 9.5 or subject to any restriction contained in any agreement or instrument between the ​Borrower and any [[Organization A:Organization]]Lender or any Affiliate of any [[Organization A:Organization]]Lender relating to Indebtedness and within the scope of [Section 8.01(Section 10.1(e)] will be margin stock.

SECTION # Margin Regulations. The ​Stock. No Credit Party nor any Subsidiary thereof is not engaged and will not engage, principally or as one of its important activities,activities in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or refunding indebtedness originally incurred for such purpose, in each case in violation of, or for aany purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of the FRB.such Board of Governors. Following the application of the proceeds of each Borrowing or drawing under each LetterExtension of Credit, not more than 25%twenty-five percent (25%) of the value of the assets (either of the ​Borrower only or of the ​Borrower and its Subsidiaries on a Consolidated basis) subject to the provisions of [Section 7.01]Section 9.2 or [Section 7.05] or subject to any restriction contained in any agreement or instrument between the ​ and any [[Organization A:Organization]] or any Affiliate of any [[Organization A:Organization]] relating to Indebtedness and within the scope of [Section 8.01(e)]Section 9.5 will be margin stock.“margin stock”.

Margin Regulations.Regulation U. The ​Borrower is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB),Margin Stock, or extending credit for the purpose of purchasing or carrying margin stock or refunding indebtedness originally incurred for such purpose, in each case in violation of, or for a purpose which violates, or would be inconsistent with, Regulation T, U or XMargin Stock, and no part of the FRB.proceeds of any Advance hereunder will be used to buy or carry any Margin Stock. Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit,Advance, not more than 25% of the value of the assets (either of the ​Borrower only or of the ​Borrower and its Subsidiaries on a Consolidatedconsolidated basis) subject to the provisions of [Section 7.01] or [Section 7.05] or subject to any restriction contained in any agreement or instrument between the ​ and any [[Organization A:Organization]] or any Affiliate of any [[Organization A:Organization]] relating to Indebtedness and within the scope of [Section 8.01(e)] will be margin stock.Margin Stock.