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SEC Filings

S-1/A
JONES LANG LASALLE INC filed this Form S-1/A on 07/15/1997
Entire Document
 
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               "Net Operating Income" means, for the Borrowers for any period,
          their Net Income for such period before all extraordinary items and
          all Interest Expense.

               "Supporting Subsidiary" means each Person which executes a
          counterpart to the Subsidiary Security Agreement and complies with the
          requirements of Section 4.3 hereof.

     2.   Section 5.1 of the Credit Agreement is hereby amended by deleting the
phrase "limited partnerships" appearing in the last sentence thereof and
inserting in its place the word "corporations."

     3.   Section 6.1(j) of the Credit Agreement is hereby amended in its
entirety and as so amended shall read as follows:

               (j) an updated Schedule II along with the financial statements
          delivered under subsections (a) and (b) above, as applicable, for any
          calendar quarter during which there is a change in any of the facts
          specified in Schedule II, as then most recently updated.

     4.   Section 6.2 of the Credit Agreement is hereby amended by deleting the
phrase ", all such payments to be made exclusively from capital contributions
made to LPL and LPML by their partners" appearing in the last sentence thereof.

     5.   Sections 6.13(a) of the Credit Agreement is hereby amended in its
entirety and as so amended shall read as follows:

               (a) Short-term obligations of the United States of America or any
          agency or instrumentality thereof the obligations of which are backed
          by the full faith and credit of the United States of America.

     6.   Section 6.16 of the Credit Agreement is hereby amended in its entirety
and as so amended shall read as follows:

               Section 6.16.  Rentals.  The Borrowers will not, nor will they
          permit any Affiliate to, create, incur or suffer to exist obligations
          for Rentals in excess of the following amounts during the following
          calendar years in the aggregate for the Borrowers and their
          Affiliates:

<TABLE>
<CAPTION>
       Calendar Year                          Amount
      <S>                                   <C>
           1996                             $ 7,000,000
           1997                             $11,100,000
           1998                             $12,300,000
</TABLE>
 

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