The proceeds of the Loans made on the Closing Date shall be used by the Borrower solely to (a) to fund any original issue discount and upfront fees payable under the Fee Letter, and (b) for the replacement, backstopping of or cash collateralization of any existing letters of credit of the Borrower set forth in Schedule 8.1 .  The proceeds of Loans made after the application of such proceeds as set forth in the foregoing sentence or after the Closing Date shall be used by the Borrower and its Subsidiaries for working capital and general corporate purposes and for any other purpose not prohibited by the International Loan Documents.  No International Loan Party shall use any proceeds of any Loan extended hereunder to purchase or carry margin stock (within the meaning of Regulation U of the Federal Reserve Board) in contravention of Regulation T, U or X of the Federal Reserve Board.