The Credit Parties shall not use any portion of the proceeds of the Debentures, either directly or indirectly, for any of the following purposes: (i) to make any payment towards any indebtedness of the Credit Parties, except payments related to permitted indebtedness and the Bridge Loans as set forth on the Use of Proceeds Confirmation and approved by Buyer in its sole and absolute discretion; (ii) to pay any Taxes of any nature or kind that may be due by the Credit Parties, except for those Tax set forth on the Use of Proceeds Confirmation; or (iii) to pay any Obligations of any nature or kind due or owing to any officers, directors, employees, or Material Shareholders of the Credit Parties, other than salaries and business expenses payable in the Ordinary Course of Business of the Credit Parties and the Bridge Loans as set forth on the Use of Proceeds Confirmation and approved by Buyer in its sole and absolute discretion. Each Credit Party covenants and agrees to only use any portion of the proceeds of the purchase and sale of the Debentures for the purposes set forth in the Use of Proceeds Confirmation to be executed by the Company on the Effective Date, unless the Company obtains the prior written consent of the Buyer to use such proceeds for any other purpose, which consent may be granted or withheld or conditioned by Buyer in its sole and absolute discretion.