Supercuts 2002 Annual Report Download - page 42

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ii
6. REPRESENTATIONS OF THE PURCHASERS......................................................................12
6.1. Purchase for Investment.......................................................................12
6.2. Source of Funds...............................................................................12
7. INFORMATION AS TO COMPANY..............................................................................13
7.1. Financial and Business Information............................................................13
7.2. Officer's Certificate.........................................................................16
7.3. Inspection....................................................................................16
8. PREPAYMENT OF THE NOTES................................................................................17
8.1. No Scheduled Prepayments......................................................................17
8.2. Optional Prepayments with Make-Whole Amount...................................................17
8.3. Allocation of Partial Prepayments.............................................................17
8.4. Maturity; Surrender, etc......................................................................18
8.5. Purchase of Notes.............................................................................18
8.6. Make-Whole Amount.............................................................................18
9. AFFIRMATIVE COVENANTS..................................................................................19
9.1. Compliance with Law...........................................................................19
9.2. Insurance.....................................................................................20
9.3. Maintenance of Properties.....................................................................20
9.4. Payment of Taxes and Claims...................................................................20
9.5. Corporate Existence, etc......................................................................20
10. NEGATIVE COVENANTS.....................................................................................21
10.1. Consolidated Net Debt.........................................................................21
10.2. Priority Debt.................................................................................21
10.3. Fixed Charge Coverage.........................................................................21
10.4. Liens.........................................................................................21
10.5. Sale of Assets................................................................................23
10.6. Mergers, Consolidations, etc..................................................................23
10.7. Restricted Payments...........................................................................24
10.8. Investments...................................................................................25
10.9. Disposition of Stock of Restricted Subsidiaries...............................................26
10.10. Designation of Restricted and Unrestricted Subsidiaries.......................................26
10.11. Subsidiary Guaranty...........................................................................27
10.12. Nature of Business............................................................................27
10.13. Transactions with Affiliates..................................................................27
11. EVENTS OF DEFAULT......................................................................................27
12. REMEDIES ON DEFAULT, ETC...............................................................................30
12.1. Acceleration..................................................................................30
12.2. Other Remedies................................................................................30
12.3. Rescission....................................................................................30
12.4. No Waivers or Election of Remedies, Expenses, etc.............................................31