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SEC Filings

S-4
RENAISSANCE MEDIA GROUP LLC filed this Form S-4 on 06/12/1998
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         (b)  investments by the Borrower existing on the date hereof in the
capital stock or other equity securities of its Subsidiaries;

         (c)  loans or advances made by the Borrower to any Subsidiary, in an
aggregate principal amount for all Subsidiaries which are not wholly owned not
to exceed $5,000,000 at any one time outstanding, and made by any Subsidiary to
the Borrower or any other Subsidiary;

         (d)  Guarantees constituting Indebtedness permitted by Section 6.01;

         (e)  the Acquisition;

         (f)  Permitted Acquisitions (including Acquisition Deposits);

         (g)  loans or advances made or maintained by the Borrower to any
employee of the Borrower in the ordinary course of business, in an aggregate
principal amount for all such loans not to exceed $500,000 at any one time
outstanding;

         (h)  Deferred Investment Deposits; and

         (i)  Investments in any Related Entity; provided that after giving
effect to such Investment, the aggregate Net Investment Amounts of all
Investments in Related Entities pursuant to this clause (i) do not exceed
$7,500,000 at any one time. "Net Investment Amount" means, with respect to any
Investment in a Related Entity, an amount (not less than zero) equal to the book
value of such Investment when made or acquired (or, in the case of any Related
Entity that was formerly a wholly owned Subsidiary, when such Related Entity
ceased to be a wholly owned Subsidiary) net of (A) any returns of capital to the
Person making such Investment and (B) proceeds received from a Person other than
the Borrower or its Subsidiaries upon disposition of such Investment.

         SECTION 6.05. Hedging Agreements. The Borrower will not, and will not
permit any of its Subsidiaries to, enter into any Hedging Agreement, other than
(i) the Hedging Agreements entered into on or before the Effective Date and
referred to in Section 3.16, and (ii) Hedging Agreements entered into in the
ordinary course of business to hedge or mitigate risks to which the Borrower or
any Subsidiary is exposed in the conduct of its business or the management of
its liabilities.

         SECTION 6.06.  Restricted Payments; Voluntary Payments.  (a) The
Borrower will not, and will not permit any of its Subsidiaries to, declare or
make, or agree to pay or make, directly or indirectly, any Restricted Payment,
except (i)

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