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This excerpt taken from the FL 8-K filed May 21, 2008. . Binding Effect. Each
Loan Document to which such Borrower is a party (other than its Notes and its
Swingline Note) constitutes a valid and binding agreement of such Borrower and
each of its Notes and its Swingline Note, when executed and delivered in accordance
with this Agreement, will constitute a valid and binding obligation of such
Borrower, in each case enforceable in accordance with its terms.
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