Text extracted via OCR from the original document. May contain errors from the scanning process.
(Qualified Institutional Buyer Certification Letter to be Used with 144a
Transactions)
Gentlemen:
We certify, to enable you to make offers and sales of securities pursuant to Rule 144A under
the Securities Act of 1933 (the "Act"), that we are a qualified institutional buyer in that we satisfy the
requirements of one or more of paragraphs (i) through (v) hereof (check applicable box(es)).
(i) We are an entity referred to in sub-paragraphs (A) through (G) hereof and in the aggregate
owned and invested on a discretionary basis, for our own account and the accounts of other per-
sons, at least the amount of securities specified below (not less than $100 million), calculated as
provided in Rule 144A, as of the date specified below.
(A) Corporation, etc. A corporation (other than a bank, savings and loan or similar institution
referred to in (ii) below), partnership, Massachusetts or similar business trust, organization
described in Section 501 (c)(3) of the Internal Revenue Code, Small Business Development
Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of
the Small Business Investment Act of 1958, or business development company as defined
in Section 202 (a)(22) of the Investment Advisors Act of 1940; or
(B) Insurance Company. An Insurance Company as defined in Section 2(13) of the Act; or
(C) ERISA Plan. An employee benefit plan within the meaning of Title I of the Employee
Retirement Income Security Act of 1974; or
(D) State or Local Plan. A plan established and maintained by a state, its political subdivi-
sions, or any agency or instrumentality of a state or its political subdivisions, for the benefit
of its employees; or
(E) Trust Fund. A trust fund, whose trustee is a bank or trust, whose participants are exclu-
sively plans specified in subparagraph (C) or (D) above (but not including trust funds having
IRAs or Keogh plans as participants).
(F) Investment Company. An investment company registered under the Investment
Company Act of 1940 or any business development company as defined in Section 2(a)(48)
of that Act; or
(G) Investment Advisor. An investment advisor registered under the Investment Advisors
Act of 1940.
(ii) Bank or Savings and Loan. We are a bank defined in Section 3(a)(2) of the Act, a savings and
loan association or other institution referenced in Section 3(a)(5)(A) of the Act, or a foreign bank or
savings and loan association or equivalent institution that in the aggregate owned and invested on a
discretionary basis, for our own account and the accounts of other persons, at least the amount of
securities specified below (not less than $100 million), calculated as provided in Rule 144A, as of
the date specified below and had an audited net worth of at least $25 million as of the end of our
most recent fiscal year (This paragraph does not include bank commingled funds, except as noted
in (i)(E) above.)
(iii) One of a Family of Investment Companies. We are an investment company registered under
the Investment Company Act of 1940 that is part of a "family of investment companies", as defined
in Rule 144A, that owned in the aggregate at least the amount of securities specified below (not
less than $100 million), calculated as provided in Rule 144A, as of the date specified below.
(iv) We are a dealer registered under Section 15 of the Securities Exchange Act of 1934, and we
are one of the following.
Page 1 of 2
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e)
DB-SDNY-0 110587
CONFIDENTIAL
SDNY_GM_00256771
EFTA01453139