ARM » Topics » “to but excluding.”

This excerpt taken from the ARM 8-K filed Sep 17, 2008.
“to but excluding.”

Section 1.5     Continuance of Significance Events. For the avoidance of doubt, from and after the time, if any, when an event becomes a Collection Agent Event of Default, an Amortization Event or an Event of Default, such event shall be deemed to be continuing until waived in writing in accordance with the provisions of this Agreement or until the circumstance which gave rise thereto ceases to exist.

 

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