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be payable over a period in excess of twelve months, including
irdeb~edness represented by leases wa~ch are required to be
capitalized under generally accepted accounting principles, or
(6) if the Company shall become insolvent; or
ad:~it in writing its inability to pay its debts as they mature;
or make an assignment for the benefit of creditors; or apply
fog or consent to the appointment of a receiver or trustee for
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it, or a substantial part of its property or bus;ness, or such
a :ecever or trustee otherwise shall be appointed and shall
not be discharged within sixty (60) days after such appoint- '
m2nt; or
if bankruptcy, insolvency, reorganization or
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liCUidation proceedings or other proceedings for relief under
any bar.;cruntcy law or any law for the relief of debtors shall
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be instituted by tre Company or any such proceedin5 shall
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be instituted agains~ the Company and shall remain undzs-
^issed cr urstayed.for a period of 60 days.
11T_SCELT.AtiEOGS ~ ~ ~
~ all notices, demands and other cocamunicatiors in
con:.~ction with this Note shall be in~writing and shall be
dee~:ed to have been duly given (a) if served personally on tre
party to whoa notice is to be given or (b) if sent by first
class ;pail, registered or certified, ?estage prepaid, and
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~rope;ly addressed to the followirc addresses or to such other
acdress as :gay be provided in wr? tiag by t:'_e Company or the
g~33~ ~~1772
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