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                                                                EXHIBIT 10(i)(i)


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ISRAEL DISCOUNT BANK LTD             FROM: Name  PEC ISRAEL ECONOMIC CORPORATION
Branch FOREIGN CURRENCY DEPT. (190)  ID/PASSPORT No.             Date  3/4/98
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        APPLICATION FOR THE ALLOCATION OF A CREDIT LINE IN FOREIGN CURRENCY TO
          / / A RESIDENT  / / NON-RESIDENT  IN ACCOUNT NO. 980-607495
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We hereby make application to Israel Discount Bank Ltd. (hereinafter referred to
as "the Bank") to allocate to us a credit line in the above account in the sum
of USD 26,000,000.00 (TWENTY SIX MILLION DOLLARS) (hereinafter referred to as
"the credit") for a period from 3/4/98 - 4/30/98.
The management terms and conditions of our foreign currency account specified at
the top of this document which we have signed (hereinafter referred to as "the
account") constituting an integral part of this document, and also the
additional terms and conditions particularised below in this our application,
shall apply to the credit:

1.     DISCHARGING THE CREDIT
       We hereby undertake to repay the credit to the Bank as follows:
       / / on the ________ day of _______________ 199_________ / /  in ____
       installments of _______ each on the ______day of each month from
       _____________until ____________.

2.     THE INTEREST RATE - METHOD OF DETERMINATION AND PAYMENT

  (a)  The credit shall bear daily compound interest on the daily debit balance
       in the account at the rate and according to the method of calculation
       particularised below.  The interest shall be calculated each month on the
       last day of such month and shall be paid by us at the end of such
       Gregorian month.  The interest calculation shall be effected on the basis
       of 360 days in a year.

  (b)  We hereby instruct the Bank to debit our account no. ____________ in
       NIS/foreign currency at your ______________ branch on the repayment date
       (hereinafter  referred to as "the repayment date") with every payment or
       amount due from us to the Bank pursuant to this document (hereinafter
       referred to as "the payment") in the amount required to discharge such
       payment, and we hereby undertake to ensure that there shall, at all
       times, be a sufficient balance standing to our credit in our said account
       to effect the debits as aforesaid.
       The Bank shall be entitled (but not bound) to carry out our said
       instructions, irrespective of whether our said account is in credit or in
       debit or becomes in debit in consequence of a debit as aforesaid.  All
       the amounts due or that shall be due from us to the Bank on account of
       the credit and the interest shall be discharged to the Bank by paying the
       consideration therefor in foreign currency or Israeli currency at the
       foreign currency rate prevailing at the Bank on  the date of actual
       payment, together with an exchange commission as prevailing at the Bank
       at such time.

  (c)  All the amounts that shall be charged to the credit of the account shall
       firstly be used to discharge the interest and only thereafter to
       discharge the credit principal or according to any other order as the
       Bank shall elect.  In any case where the repayment date falls on a day
       that is not a banking business day as defined below, such repayment date
       shall apply on the nearest banking business day as the Bank determines.

  For the purposes of this document the expression "banking business day" means
  a day on which the Bank actually effects transactions in foreign currency
  without restriction as the Bank determines (and for this purpose the eve of
  the Day of Atonement shall be deemed a day that is not a banking business
  day).

  / /  Credit in foreign currency to residents


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       The interest calculations as aforesaid shall be effected by the Bank in
       respect of the daily debit balances in our account during the preceding
       month, according to the average daily interest rate prevailing at the
       Bank during such month for the loans in the credit currency.
       The base for determining the interest rate as aforesaid by the Bank shall
       be the Bank's daily interest rate for loans as aforesaid published by the
       Bank each and every day during each month in the interest rates sheet
       held at the Bank's branch (hereinafter referred to as "the interest
       rate").  This interest is based on Libor + 0.50% rounded up to the
       nearest 1/8%.

  / /  Credit in Foreign currency to non-residents
       The interest calculation shall be effected in respect of the daily debit
       balances in the account during the period that elapsed at a rate that
       shall be ______% above Libor applicable according to the Bank's
       determination during the interest period in respect whereof interest as
       aforesaid is calculated (hereinafter referred to as "the Interest rate").

For the purposes of this document:
the expression "Libor" (London Interbank Offered Rate) means the interest rate
to be determined by the Bank as the rate at which the banks are offered on the
determining date at about 11:00 hours (London time) loans in the credit currency
on the international market in London for a period identical to the interest
period in respect whereof the Libor is determined, as published by a service
known as Reuters (save for cases of technical malfunctions).  In any event, the
Bank's determination in respect of the interest rate shall, in the Bank's
exclusive discretion, be final and decisive.
The expression "the determination date" means the banking business day that is
two banking business days prior to the day of commencement of the first interest
period or, at the Bank's election, the day of the commencement of the first
interest period and also on the banking business day that is two banking
business days prior to the commencement of any other interest period, at the
time when the Bank customarily determines the Libor rate.

The Bank shall determine the Libor rate and on the basis of its determination as
aforesaid it shall calculate and determine what is the interest rate that we are
required to pay in respect of the undischarged balance of the credit, and the
interest rate determined as aforesaid shall apply for the period from the
commencement of a relevant interest period until the conclusion thereof.  For
the purposes of this paragraph alone, the expression banking "business day"
means a day on which the banks in London execute transactions amongst themselves
in foreign currency deposits on the Euro-banking market in London.

3.     DEFAULT INTEREST

       (a) Any amount due or that shall be due to the Bank and pursuant to this
       document and not paid by us on the date prescribed or that shall be
       prescribed for the payment thereof in this document or not paid according
       to the Bank's first demand pursuant to clause 4 below shall, for the
       period from the date on which we were liable to pay it until the actual
       payment thereof, bear interest at a rate 5% higher than the interest rate
       that would have been payable in respect of such period pursuant to
       clauses 1 and 2 above.

       (b)     For the avoidance of doubt, it is hereby expressed that the
               Bank's right to interest as provided in the clause above and also
               the actual collection thereof shall not derogate from the Bank's
               right to take (or continue to take) all the means to collect any
               amount not discharged by us on the due date or according to its
               demand as aforesaid.

       (c)     Interest as provided in paragraph (a) above shall accrue during
               every Gregorian month, or at the Bank's election during any other
               period in respect whereof the accrual of interest is permitted at
               law, shall also bear interest as provided in paragraph (a).


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4.     CREDIT ALLOCATION COMMISSION

       Upon allocating the credit line, you shall debit us, without notice on
       your part, with a commission for such service at the rate prevailing with
       you at such time, according to your determination from time to time, in
       respect of the credit line allocation period.
       You shall be entitled to a commission irrespective of whether the credit
       line is fully utilised.  Furthermore, you shall also be entitled to a
       commission if the credit is reduced or cancelled at your initiative.  We
       are aware that in the present quarter the commission rate in respect of
       the credit allocation is ________% per quarter of the credit amount.

5.     IMMEDIATE REPAYMENT/REDUCTION/CANCELLATION OF THE CREDIT ALLOCATION

       Without prejudice to other rights of the Bank against us in respect of
       the credit that we receive pursuant to any document we sign and in
       addition thereto, the Bank shall be entitled, in its exclusive discretion
       and decision, not to allocate the requested credit to us and/or to reduce
       the credit and/or to cancel the credit line and/or to demand immediate
       repayment of the entire credit amount, and without the requirement of
       prior or other notice to us, in any one of the cases particularised
       below:

       (a)     If the state of the account or our other accounts at the Bank do
               not enable the arrangement pursuant to this document to continue.

       (b)     If we breach and/or do not perform any obligation to the Bank
               pursuant to this document or  pursuant to any other document or
               agreement or obligation or arrangement.

       (c)     If there is a risk of our inability to repay the credit or, at
               the Bank's decision at such time, other conditions without
               exception have been created that oblige the credit to be reduced
               or the credit line to be cancelled immediately.

7.     PURCHASING FOREIGN CURRENCY AGAINST SHEKELS TO COVER THE CREDIT

       Without derogating from our obligation to repay the credit and the
       interest in the said currency, if two business days prior to the date
       designated for any repayment our account with you does not have a
       sufficient amount in the said currency, you shall be entitled, but not
       bound, to purchase the required foreign currency on our behalf at the
       rate of exchnage prevailing with you on such day, and to debit our
       account/s in NIS or in another foreign currency as you deem fit.

8.     REPAYMENT OF CREDIT GIVEN TO A NON-RESIDENT

       We hereby confirm that we are aware that pursuant to the applicable law
       relating to foreign currency control, we are under a duty to repay the
       credit mentioned in this document and interest thereon from immediately
       available sources, i.e. in foreign currency in which the credit is given
       originating abroad or in a property in Israel that is freely convertible
       into foreign currency pursuant to the applicable law.
       Without derogating from our obligation to repay the credit given to us
       from free sources as aforesaid, you shall be entitled, but not bound, to
       debit any account of ours or to purchase on our behalf the required
       foreign currency herein at the rate of exchange prevailing with you on
       such day and to debit our account with Israeli currency or with another
       currency as you deem fit, and all subject to the foreign currency control
       directives pursuant to the applicable law in force from time to time (or
       pursuant to a specific permit from the Bank of Israel).

9.     THE APPLICABLE LAW

       The credit pursuant to this document, the terms and conditions thereof
       and all matters connected


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       thereto are subject to the laws of the State of Israel, including any
       law, regulation, order, foreign currency control directives, and/or
       directions and/or directives of the Bank of Israel or any competent
       authority as in force from time to time and at any time whatsoever
       (hereinafter referred to as "the applicable law"), and the agreed and
       exclusive place of jurisdiction herein shall be the competent court in
       Israel in Tel-Aviv, Haifa, Jerusalem or Beersheva, according to the town
       that is nearest to the branch at which the credit is given.

10.    GENERAL

       (a)     The headings in this document are for convenience purposes.  They
               do not form part of the document and no significance shall be
               attributed thereto for the purposes of interpreting this document
               or any of the provisions hereof.

       (b)     In this document the plural includes the singular and vice versa,
               the masculine includes the feminine and vice versa and everything
               relating to a person shall also include a body corporate and vice
               versa.

       (c)     If this document is signed by two or more persons, their
               liability and obligation to the Bank shall be joint and several.

Our signature to this document also constitutes our acknowledgement of the
receipt of a copy of this document.

AS WITNESS OUR HANDS:

                          /s/ FRANK J. KLEIN
                          ---------------------------------
                          Signature of Customer/s PRESIDENT

                          /s/ WILLIAM GOLD, TREASURER
                          ---------------------------------

CONFIRMATION OF BRANCH/DEPARTMENT


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                   Name and signature of branch/department manager

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                                          FOR THE BANK'S USE

                         The loan was effected on______________. The customer's
                         account was debited by the computer with a commission
                         to secure a credit line in the sum of _____________ on
                         _________________________.

                         This instruction was entered on _____________.
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