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S-4
RENAISSANCE MEDIA GROUP LLC filed this Form S-4 on 06/12/1998
Entire Document
 
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     Semi-Annual                            Accreted
     Accrual Date                             Value 
     ------------                           --------
                                                    
     October 15, 1998....................   $  644.60
     April 15, 1999......................      676.83
     October 15, 1999....................      710.68
     April 15, 2000......................      746.21
     October 15, 2000....................      783.52
     April 15, 2001......................      822.70
     October 15, 2001....................      863.83
     April 15, 2002......................      907.02
     October 15, 2002....................      952.38
     April 15, 2003......................   $1,000.00


          (ii)   if the Specified Date occurs before the first Semi-Annual
     Accrual Date, the Accreted Value will equal the sum of (a) $612.91 and (b)
     an amount equal to the product of (1) the Accreted Value for the first
     Semi-Annual Accrual Date less $612.91 multiplied by (2) a fraction, the
     numerator of which is the number of days from the Closing Date to the
     Specified Date, using a 360-day year of twelve 30-day months, and the
     denominator of which is the number of days elapsed from the Closing Date to
     the first Semi-Annual Accrual Date, using a 360-day year of twelve 30-day
     months;

          (iii)  if the Specified Date occurs between two Semi-Annual
     Accrual Dates, the Accreted Value will equal the sum of (a) the Accreted
     Value for the Semi-Annual Accrual Date immediately preceding such Specified
     Date and (b) an amount equal to the product of (1) the Accreted Value for
     the immediately following Semi-Annual Accrual Date less the Accreted Value
     for the immediately preceding Semi-Annual Accrual Date multiplied by (2) a
     fraction, the numerator of which is the number of days from the immediately
     preceding Semi-Annual Accrual Date to the Specified Date, using a 360-day
     year of twelve 30-day months, and the denominator of which is 180; or

          (iv)   if the Specified Date occurs after the last Semi-Annual
     Accrual Date, the Accreted Value will equal $1,000.

          "Acquired Indebtedness" means Indebtedness of a Person existing at the
time such Person becomes a Restricted Subsidiary or assumed in connection with
an Asset Acquisition by a Restricted Subsidiary and not Incurred in connection
with, or in anticipation of, such Person