ged to collateral (including securities listed as "Other Securities, must carry a minbnirin long ierni senior debt rating of Roo3 as established by Moody's Investor Services or UR- as established by Standard & Peon Corporation. 2. A Mon-Purpose Loan is a loon, or any pnipcoe other than purchasing or carrying "Margin Sto

ged to collateral (including securities listed as "Other Securities, must carry a minbnirin long ierni senior debt rating of Roo3 as established by Moody's Investor Services or UR- as established by Standard & Peon Corporation. 2. A Mon-Purpose Loan is a loon, or any pnipcoe other than purchasing or carrying "Margin Sto

ged to collateral (including securities listed as "Other Securities, must carry a minbnirin long ierni senior debt rating of Roo3 as established by Moody's Investor Services or UR- as established by Standard & Peon Corporation. 2. A Mon-Purpose Loan is a loon, or any pnipcoe other than purchasing or carrying "Margin Sto

ged to collateral (including securities listed as "Other Securities, must carry a minbnirin long ierni senior debt rating of Roo3 as established by Moody's Investor Services or UR- as established by Standard & Peon Corporation. 2. A Mon-Purpose Loan is a loon, or any pnipcoe other than purchasing or carrying "Margin Sto

ged to collateral (including securities listed as "Other Securities, must carry a minbnirin long ierni senior debt rating of Roo3 as established by Moody's Investor Services or UR- as established by Standard & Peon Corporation. 2. 4 Mon-Purpose Loan is a loon, or any pnipcoe other than purchasing or carrying "Margin Sto

edged as collateral (including securities listed as "Other Securities") must carry a minimum long tenn senior debt rating of Baa3 as established by Moody's Investor Services or BBB- as established by Standanl & Poors Corporation. 2. A Non-Purpose Loan is a loan for any purpose other than purchasing or currying 'Margin S

edged as collateral (including securities listed as "Other Securities") must carry a minimum long tenn senior debt rating of Baa3 as established by Moody's Investor Services or BBB- as established by Standanl & Poors Corporation. 2. A Non-Purpose Loan is a loan for any purpose other than purchasing or currying 'Margin S

Notes) to any Person or Persons (A) who is not engaged in a fractional ownership and management business, (B) who has a rating of Baa or better by Moody's Investor Services or a rating of BBB or better by Standard & Poor's, and (C) who is capable of performing the obligations of Lender hereunder. Any Person who, prior