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

•._ cc_ ...-mac. ... k. ~. 1551 10:1. i. ~
(d) Slrrar and auyar enay i9~N. with raepar:t to any Or OII Tlan tlCtiOn7 hereunder that tree ratpaCtiv
nghq 01 Buyer or Seller (Or bOlh) under subparlprapne (a1 and (D) or tn~a Paraprlpr+ may be •carerseo on~y
wnare • Margrn DlflLtit or AAarg~n E:ass ect:Nds a specrhetl tlolllr !mount or a speGfretl percentage or the
Repurcna{e Pncn for wcn 1lanaacDOn{ (wMUt amount or peroenuge anait De !greed to by Buyer and $euer
prior to entering into any weh Tsnsect~on{).
(•) Seller antl ~+Yer may agrN, wnh respect to any or atl t-anNCt;orn hereuntler, that tree rat»ctwe
nghtf Or Buye/ a1d $eIN! under SuDparagraphi (ll Nd (ol Of tm{ Parlgrapn to rpulra Me •Ilmrnahbn Or a
Margin Deripl Or a Hatpin FJtCeal. a{ the gals may De. may be eceroiaed WneMVM wtxt t Margin Cetidt or
Margin !cunt ecals with re{Doc: tC any i~ngle 1!sn{aCtiOn nereuntler (cakvlated wnh0ut regarC to any bt"er
11anNCtlon outetandmg untler thO Agreement!
6. Meeme Paymenq
Where a perocular TranNCtion'a term ectend{ goer an Incotna payment date on Mte Seeuntiea aub)ect to
V1a1 TlanNCliOn, BuyM {hill, p Ine genre may ag!N wnh teapetl to aueh TranNCtlen (Of, In the aDNnee Or
any agrNmenl. Y Buyer shall reasonably detem+lne In M dlat:reLOn), tx1 Ufe tlau au0h InOpme y payaD~•
either (i) tranafe- b p t:redn to the aCt:OUnt 01 Setter an amount equal tp auor+ Inpon+e p.yn-.nt or plyment3
with respect to any PurenaNd Security{ suD)eCt to wen 1hanNetbn or (u) apply ttte trtoorne payment or
peyn+enta to reduce trie amount to be transferred q Buyer Dy $ellef upon oerminatlon of tM 1TanNCflon. buyer
shall not be ODllgatetl tb take any aGI10n pursuant W the prK`eCinQ Nnlena 10 Ina eneM treat Wth lcti0n
would rewlt 1n the tyeatbn of a Margrn Det~Crt, unless Drrpr tMretO or srmunaneously tnerewith Seller Iransters
ro Duyar cash a Atldegnal Purcnasetl SeCUritNS {ufhcrent t0 etrminate tuM Marprn DehGt.
!. Geeurtty tntereat •
AltnOUgn the pertila IntenO that all Tran{lt:trbn{ hereuntllr De Yle{ and purchases Intl not bin{. In tree
event any ouch Tlensactlons ue tlN-ae to De pens. Sslier snail De dNmeO to nlw pledged to Buyer ss
eecvriry Ior tM pe'fOrmana DY Seller Of lta oblipauon! under etch su0n T-anaactlon, and !hall Oe tleemetl to
have granted t0 Buyer a aecurrry inlete{t in, all pf the Purchasetl Seeurelea MIIC1 rNpeCt 10 all Tan{acti0n6
Mrwnder and all proCNds tMreo!.
7. Payment and Tranaler
unletf Otnerwiae mutually !greed. all ttanafere Of fund/ hereYndlr ahlll Oe In Nnmaeiltey avaltlbl• funds.
All $ecu!1t1e7 transferred by OM parry hereto to tM OtMr pally (i) {hall De m Wnaae form for Van{fM Or fhlll
De a000mpanretl DY Duly •cecute0 rMtturtNnt{ Or transfer or aaalgnment 1n Dknk antl iuM OthY OOCUmen4tgn
W ttte parry repning pONeSS~On may reasonably request, (ri) shall be treMferretl on tM Dook-entry system
p} a Federal Reserve Blnk, or (ill) eh~l e» transferred by any otMr methotl mutually abaeptaDts to setter and
buyer. N uaetl Mtern Meth reapeet t0 $eClJntiee. "trNeler" 1f intendetl b nave ine aarTN tyylning if when
Wed In $eCtrOn 8.317 Ot tree New `!brk Uniform COmmeroial Coda or, wham applicable. in any federal reputation
govemrng transren of tI» Seeunw{
0. Segregation of Pucnaaed Seeurttlea
Tb the anent required DY appl~caDN law, all Purchased $eeurltlN In the poaaeNbn of Seller shell be
aegregete0 from ot>•r aaounba in ro ttoasawan antl ahali a 4ent1Ae0 u wDjea tD n`1ta AprNmertt $egregauon
may be et~prtlplished Dy tipprppnete idenufkatlon on the (70dc{ and records Of the holder, ktckrdtnp a 11nlnGal
tfaertt»tliN' a a rr~9 t»rporabon. Tbs 4 aN Pun9lssed Saartbee afWl peas b Buyer arttl. canteen olhsrvrlN
agreed by 6uye! and Seler, notlling In th4 AgrNment anal! prtiGude Guyer hOm engaging In repurt:hlN
transactions Muth ttla Purehawd ejef.LRlNa Or otnarw+N pledging Or hypofhetitlrq C» PurchaNd SeCNrltles.
Dut no wen trarlNClJOn ahaN reww Buyer of w oollpatgna W transfer Purcfased $ecunpes to SNMr purwant
to Parapraptta !, a a it Itereot, or of Bvyer'a pptpatton to t:redn a pay tr+oorrte oe. tx apply Inoome to tree
pbllgatloru ot. Battler pursuant to Paragraph 6 ttere0f.
'S •c Required Dteoloaure for thnaaalona In avnleh ti+e Be1Nf Rwlna t3uetttdy
S, ~"~~ r•~'• a v+e Ptsetteeed tieewttlea
bld'r ~~'~~ aella M not OenrtNled b euDatnute otMr seourilia br thine wbject b thin AgrNmeM and
qr ~,y ~,1' therefore must keep Buyers feounhef aegregatl0 at all tln»a, unMas M <ts/ Agreement buyer
~/' grants 9etNr the right b wbatnute otMr aeournrq. M BuyN granu the rlpM b wtxntute, tltis mearn
n'~ ~( Ctat Suyels aeuxftlea MMI Ilkey be oomn+lrtpled Minh $eller'a own eecvri0es duAng V1a Vadlnp tSey.
Buyer ~ advlaed diet, durVtg any tradlrtg day that Buyers aeturftiN are oornntlngletl MAIN Seller's
aaeurttlN. they Iwxl1' U~YP' be wblect to Yens grantW h seller b (Its ryllnng Dank)• (n+1ro
panieal" and tttay be usedby Seller Itx tiNlvenea on other aewrftleea tranaacijoro. 1Mrnewr the
aeeuntea are oommingled. seller's a,elllry b naspregate wbetibita aeeurlties br Buyer sill! De
wD)ec~ to Selter'a aDllny b aauay (file NNttnpt' (anyr' Yen o- to obtain aubentute seourroes.
'La!gw0e to f» uHrt1 ter is C Ili ye0o cant d few e s 0~'^^w" NeCWroM fierier a aeerer o0+r srn+ a Mrar4al .utwron.
-u!quape m a ~rsee J1osr ry C.ill rot Slat it aerrr a s MYreral rnsoereen