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IVAh', Ii,:UHlf{ fodh lho ~!;tgatt} Jlair ValuE! ..nd lh~ t;ggrq~nk
{'Ul!t to HI(; Othm- Coqi<)r~ti(1O of thl:> prop.t)rUell to l>.Q owntXi
hf Hw Other C"q-":lfJltion inanediatt1r pn()r to sud, (vu-
lwlid~t!(!n. mN~er Qr ~ah' (without limitatio!1 M l<.~ tho date
()f fH.'i}uiilition). "ubj~'l to any lien or liel1l1 se"1:uring Illdt'kl'd-
:w~~ Ijf Hit' OIUel CorporAtion t.hCH !Juttihu~diil~
(ii) All A:'~{lnnt.lJ,ut'li Certitk.ate, datK\wilhin an dl\)'~
prior td tn.. dat.\.' of ttUcl1 conw\.id_tioll, iUt'fl\lr (If 3.8.1e, i't!\till.g
that;
(A) Ow i" i lIeil1nl amount l'( Intieht~l !!1!1l8 d tho
Otl-...l' ('orpnratioI1 to lK:~ Ot:llilAndins irmn~.diAh~ly prior
t.) !Inch e.onaoHdl'ttion, U1cr~r or 881~ aDd to r~ l\~I.HBi.l
by f\ lioIl Oi jjlms flT\ th~ prnpertifl-rll to tt. Hum tlWlWd hy
the Oth~r CorpOTl\tiofl will not el~i 60~ fit Hw !eMft'
of lh~ a~liff\'gate COtiL Qr tht\ Aggrfigate Fair Vahw o( ltig",h
l'f(}pertiNl, 1\5 "ta~c<l it~ th(' Indopi'ndent Er.gine1:'ttg Ca-
ti6("~t~ pruvidt'd for in J!flTogfaph (i) QC t.h13 8,,1,.
iUvi$io. (b);
(H) the lit't t'arnin~ of lh6 8u(~tWr CtJrpuffttit>l1
tWl\ilBhl~ for inteft'1lt and prop"rty r~tirem~ni appropri!\-
11001'1, including tlU".n net t'~unir.g& o( IIl1 pro~rt,. to 00
o\\'/il:'<.l hy thp ~,hH'.c~IHwr Corporatiou i.mnl~t~ly ~dt~r
I'Udl coul\\JlidlltiQllt merg~:r or lj.&it' (Ill} .jl!t@rIDiued in thf)
HUUlUlJr pro\'idt){l in A rfidf! 1 (Ot Uw d~t~rmination ()f
Net F~rningi\ of the Company AnU.ble for Int~"~tH and
Prn~Wjrty t<<ltirflllJi;nt Appropriationj), tor a.uy ,peci6~t
1l4:'rio.d (If 12 ton~l:\'uti\.~' Cahmd3t'M;.)nthil duriug t.be
JX'riL>d of If; CahmdiH MOflth8 ifllm~diAt~ly p{~~d~ng nil;
fir~t day nf th,. mouth in which IUeb. comjolid~tionl
merger or lillii' i~ to bt' nUHh\ lIhAH htlv.e OO~m in th{'
agf{n'giltc not 1f\88 than (1) " ti~ the amQunt of Lht!
lH1nt!&l int('red charp ot\ .U lndehtoo.rwlil vf till) Huc-
1'{'l5hor CorpoNttiofj to b.} outeUl.Ud.ing Ur..f!HK.!i.at.('iy after
@uch co ll&olldati ()!l , rnt'f5(ef or uIe and to be ioolltl."{l hy
tl bon or li.ens (other than a Utn Of' lienl junior to tho
LieD of tbi!il Indf'ntu.re) on tlHi proptrtie~ to be then
owned hy the Hut~.e"or COrpOf&tiOl1, iUHl (2) 1.5 tima
the muimum nnnual ~rvioo e.h.&rgo em $11 ~u.ch indebted
n0l;!1 ((:(Hnpnte~' in th~ um6 ruannn! ~t ne-ady l\l! mn:
lle, tu\ pftlvidcJ. in A dide 1 for Hil) d~ti.mni(l.i\til)l\ or
the Muimu.rn An!HH\l &'rvi.(~~ CMrgu with r~spoot t.o
Bond~ ant} Po.ychas'e Money ObligatiQn!); And
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