Common use of Acceleration of Maturity; Rescission Clause in Contracts

Acceleration of Maturity; Rescission. If any Event of Default occurs and is continuing with respect to a series of Securities, the Trustee or the Holders of at least 25% in aggregate principal amount of any series of Securities then outstanding under this Indenture may declare all Securities of such series to be due and payable by notice in writing to the Issuer and the Trustee, in the case of notice by Holders of the Securities of such series, specifying the respective Event of Default and that it is a “notice of acceleration” and the same shall become immediately due and payable. Notwithstanding the foregoing, if an Event of Default specified in Section 6.01(7) occurs with respect to the Issuer, all outstanding Securities shall become due and payable without further action or notice. The Holders may not enforce this Indenture or the Securities except as provided in this Indenture. Notwithstanding the foregoing, if after such acceleration but before a judgment or decree based on such acceleration is obtained by the Trustee, the Holders of a majority in aggregate principal amount of outstanding Securities of such series may rescind and annul such acceleration if:

Acceleration of Maturity; Rescission. If any Event of Default occurs and is continuing with respect to a series of SecuritiesNotes, the Trustee or the Holders of at least 25% in aggregate principal amount of any series of Securities Notes then outstanding under this Indenture may declare all Securities Notes of such series to be due and payable by notice in writing to the Issuer and the Trustee, in the case of notice by Holders of the Securities Notes of such series, specifying the respective Event of Default and that it is a “notice of acceleration” and the same shall become immediately due and payable. Notwithstanding the foregoing, if an Event of Default specified in Section 6.01(7) occurs with respect to the Issuer, all outstanding Securities Notes shall become due and payable without further action or notice. The Holders may not enforce this Indenture or the Securities Notes except as provided in this Indenture. Notwithstanding the foregoing, if after such acceleration but before a judgment or decree based on such acceleration is obtained by the Trustee, the Holders of a majority in aggregate principal amount of outstanding Securities Notes of such series may rescind and annul such acceleration if: