The proceeds of the Loans will be used (i) to fund the Acquisition, (ii) subject to Section 2.11 , to finance the Refinancing and (iii) to pay fees and expenses related to the Transactions and the Acquisition. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X.