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SEC Filings

SC 13D
ALLEN PAUL G filed this Form SC 13D on 11/22/1999
Entire Document
 
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                  "Interest Payment Date" shall mean (a) as to any ABR Loan or
          portion thereof, the last day of each March, June, September and
          December, the date of any prepayment thereof and the Termination Date,
          (b) as to any Eurodollar Loan or portion thereof having an Interest
          Period of three months or less, the last day of such Interest Period
          and the date of any prepayment thereof and (c) as to any Eurodollar
          Loan or portion thereof having an Interest Period longer than three
          months, each day which is three months, or a whole multiple thereof,
          after the first day of such Interest Period, the last day of such
          Interest Period and the date of any prepayment thereof.

                  "Interest Period" shall mean with respect to any Eurodollar
          Loan or portion thereof:

                           (a) initially, the period commencing on the Funding
                  Date with respect to such Eurodollar Loan or portion thereof
                  and ending one, two, three or six months thereafter (or, to
                  the extent available from all Lenders, nine or twelve months
                  thereafter), as selected by the Borrower in its notice of
                  borrowing, as the case may be, given with respect thereto; and

                           (b) thereafter, each period commencing on the last
                  day of the next preceding Interest Period applicable to such
                  Eurodollar Loan or portion thereof and ending one, two, three
                  or six months thereafter (or, to the extent available from all
                  Lenders, nine or twelve months thereafter), as selected by the
                  Borrower by irrevocable notice to the Administrative Agent not
                  less than three Business Days prior to the last day of the
                  then current Interest Period with respect thereto;

         provided, that, all of the foregoing provisions relating to Interest
         Periods are subject to the following:

                           (1) if any Interest Period would otherwise end on a
                  day that is not a Business Day, such Interest Period shall be
                  extended to the next succeeding Business Day unless the result
                  of such extension would be to carry such Interest Period into
                  another calendar month, in which event such Interest Period
                  shall end on the immediately preceding Business Day;

                           (2) any Interest Period that would otherwise extend
                  beyond the Termination Date shall end on the Termination Date;
                  and

                           (3) any Interest Period that begins on the last
                  Business Day of a calendar month (or on a day for which there
                  is no numerically corresponding day in the calendar month at
                  the end of such Interest Period) shall end on the last
                  Business Day of a calendar month.

                  "Interest Rate Protection Agreement" shall mean any interest
          rate swap, cap, collar or other agreement that is designed to protect
          against fluctuations in interest rates and not for speculation.


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