Document ID: 12424

Text:
7.9 Use of Proceeds. No Loan Party shall (a)use the proceeds of any Loan or other Credit Extension hereunder, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or carry margin stock (within the meaning of Regulation U, T or X as promulgated by the Board) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose or (b)request any Credit Extension or use (or permit the use by any of its Subsidiaries or its or their respective Affiliates, directors, officers, employees or agents of) the proceeds of any Credit Extension, whether directly or indirectly, (i)in furtherance of an offer, payment, promise to pay or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws, (ii)for the purpose of funding, financing or facilitating any activities, business or transaction of or with any Sanctioned Person, in any Sanctioned Country or (iii)in any manner that would result in a violation of Anti-Corruption Laws, Anti-Terrorism Laws, Sanctions or other applicable Law.

Named Entities:
50
55
Regulation

Tokenized Text:
7
.
9
Use
of
Proceeds
.
No
Loan
Party
shall
(
a
)
use
the
proceeds
of
any
Loan
or
other
Credit
Extension
hereunder
,
whether
directly
or
indirectly
,
and
whether
immediately
,
incidentally
or
ultimately
,
to
purchase
or
carry
margin
stock
(
within
the
meaning
of
Regulation
U
,
T
or
X
as
promulgated
by
the
Board
)
or
to
extend
credit
to
others
for
the
purpose
of
purchasing
or
carrying
margin
stock
or
to
refund
indebtedness
originally
incurred
for
such
purpose
or
(
b
)
request
any
Credit
Extension
or
use
(
or
permit
the
use
by
any
of
its
Subsidiaries
or
its
or
their
respective
Affiliates
,
directors
,
officers
,
employees
or
agents
of
)
the
proceeds
of
any
Credit
Extension
,
whether
directly
or
indirectly
,
(
i
)
in
furtherance
of
an
offer
,
payment
,
promise
to
pay
or
authorization
of
the
payment
or
giving
of
money
,
or
anything
else
of
value
,
to
any
Person
in
violation
of
any
Anti-Corruption
Laws
,
(
ii
)
for
the
purpose
of
funding
,
financing
or
facilitating
any
activities
,
business
or
transaction
of
or
with
any
Sanctioned
Person
,
in
any
Sanctioned
Country
or
(
iii
)
in
any
manner
that
would
result
in
a
violation
of
Anti-Corruption
Laws
,
Anti-Terrorism
Laws
,
Sanctions
or
other
applicable
Law
.