Common use of DESCRIPTION OF OUTSTANDING NOTES Clause in Contracts

DESCRIPTION OF OUTSTANDING NOTES. The Company currently has outstanding $57,500,000 in aggregate unpaid principal amount of its 7.99% Senior Notes due July 1, 2001 (the "Notes") which it issued pursuant to the separate Note Purchase Agreements, each dated as of August 1, 1996 (collectively, the "Agreement"), entered into by the Company with each of you, respectively. Terms used herein but not otherwise defined herein shall have the meanings assigned thereto in the Agreement.

DESCRIPTION OF OUTSTANDING NOTES. The Company currently has outstanding $57,500,000 60,000,000 in aggregate unpaid principal amount of its 7.998.87% Senior Notes due July November 1, 2001 (the "Notes") which it issued pursuant to the separate Note Purchase Agreements, each Agreements dated as of August October 1, 1996 1994 and amended as of November 15, 1995 (collectivelycollectively and as amended, the "Agreement"), entered into by the Company with each of you, respectively. Terms used herein but not otherwise defined herein shall have the meanings assigned thereto in the Agreement.

DESCRIPTION OF OUTSTANDING NOTES. The Company currently has outstanding $57,500,000 71,750,000 in aggregate unpaid principal amount of its 7.997.77% Senior Notes due July October 1, 2001 (the "Notes") which it issued pursuant to the separate Note Purchase Agreements, each dated as of August 1March 25, 1996 1997 (collectively, the "Agreement"), entered into by the Company with each of you, respectively. Terms used herein but not otherwise defined herein shall have the meanings assigned thereto in the Agreement.