Common use of Use of Proceeds from Additional Preferred Shares Clause in Contracts

Use of Proceeds from Additional Preferred Shares. Any proceeds from sale of Additional Preferred Shares may be used only for the limited purposes of (i) acquiring rights to additional Content; (ii) repayment of any over-advance under the Loan and Security Agreement dated May 4, 2007, as amended April 28, 2008, by and among Egami Media, Inc., Image Entertainment (UK), Inc. Home Vision Entertainment, Inc., Wachovia Capital Finance Corporation (Western) and the lenders party thereto; or (iii) repayment of accounts payable incurred by the Company in the ordinary course of business.