Common use of Statements of Cash Flows Clause in Contracts

Statements of Cash Flows. For purposes of the statements of cash flows, the Company considers all highly liquid debt instruments purchased with an original maturity of three months or less to be cash equivalents. The Company paid no substantial income taxes for the years ended December 31, 1998, 1997 and 1996. In addition, the Company paid interest of approximately $1,946,000, $1,113,000, $1,173,000, respectively, for the years ended December 31, 1998, 1997 and 1996.

Statements of Cash Flows. For purposes of the statements of cash flows, the Company considers all highly liquid debt instruments purchased with an original maturity of three months or less to be cash equivalents. The Company paid no substantial income taxes for the years ended December 31, 19982001, 1997 2000 and 19961999. In addition, the Company paid interest of approximately $1,946,000683,000, $1,113,000, 1,253,000 and $1,173,000720,000, respectively, for the years ended December 31, 19982001, 1997 2000 and 19961999.