The proceeds of the Loans will be used only for (i) the repayment of existing Indebtedness of the Borrower and its Subsidiaries consisting of the “Tranche A Term Loans” under the Existing Credit Agreement, (ii) the payment of fees and expenses incurred in connection with this Agreement, and (iii) general corporate purposes of the Borrower, including, but not limited to, the funding of acquisitions, investments, redevelopments, expansions, renovations, construction, capital expenditures and working capital needs; provided that the aggregate amount of proceeds used for the purposes described in clauses (ii) and (iii) shall not exceed $10,000,000. No part of the proceeds of any Loan will be used, whether directly or indirectly, to purchase or carry Margin Stock, to extend credit to others for the purpose of purchasing or carrying Margin Stock, to reduce or retire Indebtedness originally incurred for such purpose for any purpose that entails a violation of Regulations T, U and X of the Board.