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HomeMy WebLinkAbout1774 i quarter, then ended and the comparable cuarter, if any, of the preceding fiscal _~ear shall be delivered not later than 30 days after the end of the cuarter to w:tich they relate and (ii) annual statements, consisting of an asdited balance sheet and the related statements of income and changes in financial position as of the end of, and for, the Company's fiscal year, gad the prior fiscal year, if any, shall be del=vexed not later than 90 days after the end of such fiscal year. DEFAGLT The unpaid principal amount of this mote and accrued unpaid interest thereon shall upon de:aand.of the folder hereof (except tinat no de.?iand shall be necessary the case of Cl~cses (6}-and (7) below) become die and payable prior to the principal irstall:,ient dates specified d . above if one or r:,ore of the following events (herein called "Events of Default" ) shall happen a:~d be conti:~uin at the g time of such demand: (1 ) if the Company s;~all fail to ma:tz pa a; ent of any required installment of interest or principal on the dotes and such failure shall continue for 10 days, or (2) if the Company shall fail to Waite any recuired prepay:; eats on the :rotes and such failure shall continue for 10 days, or (3) if the Company shall fail to observe and Perform a:~y' covenant contai:~ed !:er2in and such failure- s:~all -5- ~~R~ n 3snK JJ~ PaGE 1 ~~V mot;. ~ _ _ iJ, ~