Borrower shall use proceeds of the Loan (together with the proceeds of the Current Mezzanine Loan) to (i)  pay and discharge any existing loans relating to the Property, (ii) pay all past-due Taxes, Insurance Premiums and Other Charges, if any, in respect of the Property, (iii) make initial deposits of the Reserve Funds, (iv) pay costs and expenses incurred in connection with the closing of the Loan (and the Current Mezzanine Loan), and (v) to the extent any proceeds remain after satisfying clauses (i) through (iv)  above, for such lawful purpose as Borrower shall designate, including, without limitation, distributing proceeds to its direct or indirect equity holders.