GENERAL47915

• Permit No: M1977376
• IBM Index Class Name: General Documents
• Doc Date: 6/13/1991
• Doc Name: DEBTORS NOTICE OF CONTINUED HEARING WITH RESPECT TO ADJUDICATION OF RECLAMATION CLAIM OF PROLER INTE
• Media Type: D
• Archive: No

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~) ~Dnprnq l; Ilta the per •nr`urn WCe~layp r~la ro• dele•m~nel o~ or the Pnce D~nsrarn~ai
(k) ~ Prime Aa+a'. Iha prima role o1 U S money ashler ct)mmar~lal oan,s as pu0lrsna0 in Ins Vifil! Stmt
Journal,
(I( Pur:nase Data". tree dale on whleh Purenased Securties ire tranblerrad by Seller t0 Boyar':
(m) °f~rchase I'nce . b) on tM Purchase Data tree pnta at wnrcn PUrChu10 Sscunties era vansterrsd
by Solar to B~ya. ono GI) tnsraanr. such price Increased oy the amourn of any coon vanstarr~ Dy Buyer to
Ssue~ purwact to paragraph aia) nsreot ono tlecnased by tM amount of any ash translerrad Dy Seiv• to
Buyer Durauanl IO Paragrapn 4(a) harDOf Or apDlletl I0 r10~Ce Se4er f ODligahOnS antler CIwf0 (II) Or f'aragritph
S harBOt.
(n) Purchased Securtdu", tree Secuntles tranffened by Sauer to Buyer rn a 4anaaollon Mrel,tntla. rend
any Securltlef suDbtituted tnerafor m aGCOr0a~ce with Paragraph 9 Mreot. 1ha term "PurCMfed Secuntlfs'
With respect t0 any TfNLCUOn it any llRra alto !hall IRCIYde Aadroonal pUn;hisetl Slfa,naa ANnered pHrfuam
to Paragraph ale) and shall sxctutls Secunues returned pursuant to Paragraph a(b):
(0) "flepurChaae Oale'~, the data On NTICh Seller la to repurChaN tM purChafed SKYritlaf 1rIMl Bulrer.
inclu0lnq any data determlMe Dy apphcatlon of tM provlslonf of Paragraph! 3(c) or t 1 Mre0f;
(p) ~ Aepurcnase Pnee", tM prep n wretch PureMfed Secunnsf are to De tranafsns0 from Buyer to Sans
upon termrnatlon of ^ Tranaaaon, wnll:n win be tlstermlMO In each Casa (InGlutllnq Tnnaacuons tartnlnaols
upon demen0l ea the sum of the PurChafe PnCS ono tree Prtes Dtf arantlal of of tM tlau o1 woh dat~rmmauon,
inCreafe0 by any amount determined by tM ap011CatI0n Of tree prtlvlfi0ns Of Paragraph 11 Mreo};
101 "Sellars Margm Aln0unf", wllh respect to any Transaction of Of any tlale. tM amount Obtained Dy
apphution of a pt'rcentaga (which may be eoua! to tree psrcentape that la agreed to as tree Buyara Mat9~n
Amount under sutlparagrapn (cl of this Paragraph!. agrasd to oy Buyer and Sallar prior t0 entennp Into the
TFansactlon. Io the Repurchase Price for sut:h lyensacuon as of sut:n oats.
3. Inltlatton; tonflrmatlon; T~rmination
(al An agrsa~'lent t0 Onter Into a Trsnaaeuon may ba mada Orally Or in wntlnq al the InIlrUitln of either
Buyer or Sauer On tM Purenaas Data for me Trsnucuor. ma Purchased Securmn aMn be vanafertsA to
Buyer or da apsm against the trans4r of me Purchase Prip to an aeeount of Sauer.
(bl Upon agroelnq 10 Mler In10 a TranaaCUpn Mraunder Buyer or SNlsr (or Dotn), as shall be apn~d.
tfiall promptly Oeuver t0 the otMr party • wnhen Cpnflrmau0n Of IaCh lyanaactlon (a "G'dnhrtnatloh"). 'fM
Conllrmation shoo defcrlbe tM Purchased Securities (indudlnQ CUStP number, rf any), Idsnbfy Iluyer antl
Sallar and fat IDrth (I) the PyrChafO Data. (II) tna Pyrl;nase Prlca. (iii) tM Flepurcnase Dats. unless tree
hsnssalon Is to oe termmabla on demand (iv) tree Pnunp Rata or RepurChaN Prep applruDle to tM
1-anaaalon, and (~r) any atld~tionu terms or cpnottiona of tree hanaanton not Ineonalatent with mla Aprasment.
TM Conhrmuion, togetM• wttn tars AgraemMt. Mao consmuts COnCWSIVe ewtlMp of tM lama agnso
between Buyer area Sella' wlm refpeet to tree Tranfaetlon to wnlM tM (;Onfirrtytgn relate!. utUSfs wrth resl»el
t0 the Conllrmat10n bpeuflC oDJeCtIOn la mods DrOmptly char reCelpt tMre0f. In the event O} trey OOnfIICt between
the terms Ot SuCh Conflrmatlon and mta Agreement, this Agreamenl Mall prevail.
(e) In me ease of Transact~ona tsrminapla upon oemantl. sutl'+ Oamand 6hall be mada DY Buyer or SOller,
no later than aucn time u la twetomnry In aCCOrdancs wltn manta tXaCUee. Dy teapnone or otMrwltN On or
pt'IOr t0 the Du61neaS day on whll;h were terminattpn wlli De eMeCllve. On tM dal! speCttled to wCr tlemeno.
Or On Me data }Ixed itlr lerminibon to the pN Of TrMaacvona haanq a hxetl temt, grminalrOn Of tM T-anuCt10n
will be eHeCtetl Oy trana!er to SeIIM or rte agent Of tM PurCnafed Seeunues ono any Inoome in respect there0f
repivetl Dy BuYer (and not prevl0ualy Cre011ed a tranalerr~ 10, Or ap0lretl 10 tM ODllgallons Of, Sallar pursuant
to Paragraph S hereof) apalnat tine vansler of tree Repurenaae Pnce to an atxount Ot Buyer.
4. Marpln Melntenana
(a) H at any tirt+s tfle apgregau Market value of ~I Pwenaaed Sacumlea twDjeC3 f4 au tFanwt:eona to
which a parDCuta- party fNrMO is a0ling Y Boyar w tau than tM aggregate Buyara Mar+Qtrt Am0uM for all
such 4snaacuuro (a "Margin pafidt"-, then Buyer may by nottp to Sallar nqulrs Sallar h weh TFa++aaeDOns.
at $~Iler't opucln, b Vartafer >D Buyer dash or ad0ltldnal Beeurttlea nasonaby aoceptade
b Buyer (" AOtlIlIOnal Purchased SeCUhtlM"1.10 that lh0 Caen and aggrpate Market Vrlue Of iM Purdhased
Seevnves. Includlrrq any sueh Addl0onal Purchasetl Saeuntles. wm tnarwpon squat a axpad sueh aggrA~au
Buyer i Margin A+nourn (deveaaed by fM amount of any Margin Defkll v of weh data anaing horn any
1?anaadbns In wftlCh sueh Buyer Is aetlrtg Y Seller).
(DI d at any Urt+a C+e aggrpae Market vatw of all Purehaaetl Saa+rttlea wDjaet t0 all lhrofalflorta in
Ilrf+leh a paroa,lar party Mreto le IICLr1g as Sans ersl:eedf tree aggrepau Seueri Margin Amount for au twch
1-anaagions at such time (a "Margin Eacesi'), tf+en Sallar may by rtgtip to Boyar rpuln Buyrlr In Hoch
ltansactana. at Buyara option, ro vanafsr cash or Purcnase0 Sxuntles to Sallar, to that tree aggregate Mflrket
lhlue Of tree Purt:hasstl SKUntles. aher 011dugtOn Of any loch Caan Or Ny Pt+rMSSed Sea+rhlee ao tranaferretl,
will thereupon not •:pad autx+ aggregate Seller! Margm Artqunt (Increased Dy tM amount of any Margin
Excess as of aucn date erlslnq from any lfansactions in wfueh such Sallar is aeting as Buyer)•
IC) Any cash Iransferretl pursuant to thla Paragraph shall Da attnDUted to aucn 1lsnaaotarts as Mau De
agrWd upon by Boyar and Soler.