Common use of Acceleration Clause in Contracts

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, interest or premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hSection 6.01(a)(7) or (i6.01(a)(8) of Section 6.01 hereof, with respect to the Company, the Parent Guarantor, any Restricted Subsidiary of the Company Parent Guarantor that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company Parent Guarantor that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest, premium or Additional Amounts, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the CompanyVentas, Inc. or any Restricted Subsidiary of the Company that is a its Significant Subsidiary Subsidiaries or any group of Restricted Subsidiaries of the Company that, taken togetheras a whole, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuinghas not been cured, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare the entire principal amount of all the Notes to be due and immediately payable immediatelyby written notice to the Partnership, Ventas, Inc. and the Trustee. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, may on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the CompanyPartnership, any Restricted Subsidiary of the Company Partnership that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company Partnership that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Partnership and the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interest, if any, or interest on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment non-payment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium that has become due solely because of the acceleration) have been cured or waivedwaived and the Company has paid or deposited, or caused to be paid or deposited, with the Trustee a sum sufficient to pay all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel.

Acceleration. In the case If any Event of Default (other than an Event of Default specified in clause subsection (hi) or (ij) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default 7.01) occurs and is continuingcontinuing and has not been waived by the Holders, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. Notwithstanding the foregoing, if an Event of Default specified in subsection (i) or (j) of Section 7.01 occurs, all outstanding Notes shall be due and payable immediately without further action or notice. The Holders of at least a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, may on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes or interest that has become due solely because of the acceleration) have been cured or waivedwaived and all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements, and advances of the Trustee and its agents and counsel have been paid or deposited with the Trustee or provision therefor satisfactory to the Trustee has been made.

Acceleration. In the case of an Event of Default specified in clause (hg) or (ih) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will shall become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, may on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if (i) the rescission would not conflict with any judgment or decree and if decree, (ii) all existing Events of Default (except nonpayment of principal ofprincipal, interest or premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waivedwaived and (iii) there has been paid to or deposited with the Trustee a sum sufficient to pay all amounts due to the Trustee and to reimburse the Trustee for any and all fees, expenses and disbursements advanced by the Trustee, its agents and its counsel incurred in connection with such Default.

Acceleration. In the case of an Event of Default specified in clause (h9) or (i10) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, interest or premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest, premium or Special Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified set forth in clause (hviii) or (iix) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all of the Notes, rescind an acceleration or waive any existing Default or Event of Default and its consequences hereunderunder this Indenture, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interest, if any, or interest on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Additional Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the CompanyParent, the Issuers, any Restricted Subsidiary of the Company Parent that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company Parent that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Company and the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interest, if any, or interest on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Company and the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Special Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant SubsidiarySubsidiary or any Guarantor, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest, premium or Special Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case If an Event of Default (other than an Event of Default specified in clause (hSection 6.01(g) or (i6.01(h) of Section 6.01 hereof, hereof with respect to the a Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due ) shall have occurred and payable immediately without further action or notice. If any other Event of Default occurs and is be continuing, the Trustee Trustee, by written notice to the Companies or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding Notes outstanding, by written notice to the Companies and the Trustee, may declare all amounts owing under the Notes to be due and payable immediately. Upon any such declarationdeclaration of acceleration, the aggregate principal of, premium, if any, and accrued and unpaid interest on the outstanding Notes shall immediately become due and payable immediately. The payable; provided, however, that after such acceleration, but before a judgment or decree based on acceleration, the Holders of a majority in aggregate principal amount of the then such outstanding Notes may, by written notice to the Trustee may, on behalf of all of the Holders of all the then outstanding Notes, rescind an and annul such acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except Default, other than the nonpayment of accelerated principal of, premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waivedwaived as provided in this Agreement. If an Event of Default specified in Section 6.01(g) or 6.01(h) hereof occurs with respect to a Company, all outstanding Notes shall become due and payable without any further action or notice.

Acceleration. In the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the Company, the Issuer, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Special Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h9) or (i10) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case If an Event of Default (other than an Event of Default specified in clause clauses (hvii) or (iviii) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default 701) occurs and is continuing, the Trustee by notice to the Company, or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee mayCompany and the Trustee, may declare the unpaid principal of, premium, if any, and any accrued and unpaid interest on behalf the Notes to be due and payable. Upon such declaration the principal, premium, if any, and interest shall be due and payable immediately. If an Event of all Default specified in clause (vii) or (viii) of Section 701 occurs with respect to the Company or any Subsidiary thereof such an amount shall IPSO FACTO become and be immediately due and payable without any declaration or other act as the part of the Trustee or any Holder. The Holders of all a majority in principal amount of the Notes, Notes then outstanding by written notice to the Trustee may rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default with respect to the Notes (except nonpayment of principal of, premium, if any, on, and interest, if any, on the Notes or interest that has become due solely because as a result of the such acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hSection 6.01(a)(8) or (i6.01(a)(9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest, premium or Additional Amounts, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee Trustee, by notice to the Issuers, or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes Notes, by notice to the Issuers and the Trustee, may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately, together with all accrued and unpaid interest and premium, if any, thereon. Notwithstanding the preceding, if an Event of Default specified in clause (i) or (j) of Section 7.01 hereof occurs with respect to the Company or the Operating Company, all outstanding Notes shall become due and payable immediately without further action or notice, together with all accrued and unpaid interest and premium, if any, thereon. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except with respect to nonpayment of principal ofprincipal, interest or premium, if any, on, and interest, if any, on the Notes that has have become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Liquidated Damages, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause clauses (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, interest or premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the CompanyMagnaChip, any Restricted Subsidiary of the Company MagnaChip that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company MagnaChip that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Liquidated Damages, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause clauses (h7) or (i) 8) of Section 6.01 hereof, with respect to the Company, Issuer or any Restricted Subsidiary of the Company Issuer that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, Issuer that taken together, as a whole would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium or that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause clauses (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, Issuer or any Restricted Subsidiary of the Company Issuer that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, Issuer that taken together, as a whole would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium or that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the CompanySuperior Energy, Issuer, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Additional Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hSection 6.01(h) or (i6.01(i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if if, among other things, (1) the rescission would not conflict with any judgment or decree and if of a court of competent jurisdiction, (2) all existing Events of Default (except Default, other than the nonpayment of the principal of, premium, if any, on, and interestinterest or Special Interest, if any, on on, the Notes that has become due solely because by such declaration of the such acceleration) , have been cured or waivedwaived and (3) the Trustee has been paid all amounts then owing to the Trustee under Section 7.07 hereof.

Acceleration. In the case If an Event of Default, other than an Event of Default specified in clause clauses (h) or 8) and (i9) of Section 6.01 hereof6.01, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee by notice to the Company, or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes by notice to the Company and the Trustee, may declare the unpaid Principal of and any accrued and unpaid interest on all the Notes to be due and payable immediately. Upon any such declaration, declaration the Notes Principal (or such lesser amount) and interest shall become be due and payable immediately. If an Event of Default specified in clause (8) or (9) of Section 6.01 occurs, all outstanding Notes shall become and be due and payable immediately without any declaration, act or notice or other act on the part of the Trustee or any Holders. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all of the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (Notes have been cured or waived except nonpayment of principal of, premiumPrincipal (or such lesser amount) or interest or Additional Amounts, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Liquidated Damages, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken togetheras a whole, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately; provided that a notice of Default described in clauses (d) through (g) of Section 6.01 may not be given with respect to any action taken, and reported publicly to Holders, more than two years prior to such notice of Default. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Company and the Trustee may, may on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premium, if any, on, and interest, if any, interest on the Notes that has have become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hi) or (ij) of Section 6.01 hereof, with respect to the CompanyPartnership, any Restricted Subsidiary of the Company Partnership that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company Partnership that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all of the Notes, rescind an acceleration or waive any existing Default or Event of Default and its consequences hereunderunder this Indenture, if the rescission would not conflict with any judgment or decree and if all existing Events decree, except a continuing Default or Event of Default (except nonpayment in the payment of principal of, premiumpremium on, if any, or interest or Additional Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waivedNotes.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Special Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i13) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or noticenotice (subject to applicable law). If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately, by notice in writing to the Company, specifying the Event of Default. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Additional Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hix) or to (ixii) of Section 6.01 hereof, with respect to the CompanyParent, any Restricted Subsidiary of the Company Parent that is a Significant Subsidiary of the Parent or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Additional Amounts, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof6.02(a) of this First Supplemental Indenture, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all al of the Notes, rescind an acceleration or waive any existing Default of Event of Default and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events decree, except a continuing Default or Event of Default (except nonpayment in the payment of principal of, premiumpremium on, if any, or interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waivedNotes.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default Defaults (except nonpayment of principal ofprincipal, premiuminterest or premium or Special Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h9) or (i10) of Section 6.01 hereof, with respect to the Issuer, the Company, any Guarantor, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In Notwithstanding Section 6.01, in the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Additional Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waivedwaived and the Trustee has been compensated for all amounts it is owed in connection with such Event of Default.

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Company and the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, or interest or Additional Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i7) of Section 6.01 7.01 hereof, with respect to the CompanyIssuer, Xxxxxxx or any Restricted Subsidiary of the Company that is a Xxxxxxx’x Significant Subsidiary Subsidiaries or any group of Restricted Subsidiaries of the Company that, taken togetheras a whole, would constitute a Significant SubsidiarySubsidiary of Xxxxxxx, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediatelyimmediately by notice in writing to Xxxxxxx and the Issuer specifying the Event of Default. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, may on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will shall become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. , Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Special Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hSection 6.01(a)(9) or (i6.01(a)(10) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest, premium or Additional Amounts, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then then-outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration or waive any existing Default or Event of Default and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause clauses (h9) or (i10) of Section 6.01 hereof, with respect to the Parent Entity, the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, interest or premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hix) or (ix) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary8.1, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 2550% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon the effectiveness of an Event of Default specified in clause (viii) or (ix) of Section 8.1 or any such declaration, the outstanding principal and accrued but unpaid interest on the Notes, together with a premium equal to the premium that the Company would have had to pay if the Company had elected to redeem the Notes shall pursuant to Section 10.1 on the date of such Event of Default, will become due and payable immediately. The Holders of a majority not less than 50% in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, Company may on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on interest or the Notes premium that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereofhereof that has occurred and is continuing, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare in writing all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and or interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h5) or (i6) of Section 6.01 5.1 hereof, with respect to the Company, the Parent, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes Securities will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least not less than 25% in aggregate principal amount of the then outstanding Notes Outstanding Securities of such Series (or such lesser amount as may be provided for in the Securities of such Series) may declare all the Notes Securities of such Series to be due and payable immediatelyimmediately by notice in writing to the Company specifying the Event of Default. Upon any such declaration, the Notes Securities of such Series shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes Outstanding Securities of such Series by written notice to the Trustee may, on behalf of all of the Holders of all the Notessuch Series, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, of (and premium, if any, on), and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h6) or (i7) of Section 6.01 hereof, with respect to the Company, Company or any of its Restricted Subsidiary of the Company Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration or waive any existing Default or Event of Default and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Additional Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium that has become due solely because of the acceleration) have been cured or waived. If an Event of Default occurs and is continuing that results in an acceleration, the Trustee and Notes Collateral Agent shall provide an Enforcement Notice pursuant to the terms of the Intercreditor Agreement.

Acceleration. In the case of an Event of Default specified in clause (h10) or (i11) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premium, if any, on, and interest, if any, or interest on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h9) or (i10) of Section 6.01 hereof, with respect to the CompanyIssuers, any Guarantor or any Restricted Subsidiary of the Company Holdings that is a Significant Subsidiary of Holdings (or any group of Restricted Subsidiaries of the Company that, taken together, Holdings that together would constitute a Significant Subsidiary), all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the CompanyIssuers, any Guarantor or any Restricted Subsidiary of the Company Holdings that is a Significant Subsidiary of Holdings (or any group of Restricted Subsidiaries of the Company that, taken together, Holdings that together would constitute a Significant Subsidiary), all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Special Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hi) or (ij) of Section 6.01 hereof, with respect to the CompanyIssuer, any Restricted Subsidiary of the Company Issuer that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company Issuer that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all of the Notes, rescind an acceleration or waive any existing Default or Event of Default and its consequences hereunderunder this Indenture, if the rescission would not conflict with any judgment or decree and if all existing Events decree, except a continuing Default or Event of Default (except nonpayment in the payment of principal of, or interest or premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waivedNotes.

Acceleration. In the case of an Event of Default specified in clause (h10) or (i11) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Special Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the CompanyParent Guarantor, any Restricted Subsidiary of the Company Parent Guarantor that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company Parent Guarantor that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Special Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Company and the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premium, if any, on, and or premium or interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h10) or (i11) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h5) or (i6) of Section 6.01 5.1 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes Securities will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least not less than 25% in aggregate principal amount of the then outstanding Notes Outstanding Securities of such Series (or such lesser amount as may be provided for in the Securities of such Series) may declare all the Notes Securities of such Series to be due and payable immediatelyimmediately by notice in writing to the Company specifying the Event of Default. Upon any such declaration, the Notes Securities of such Series shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes Outstanding Securities of such Series by written notice to the Trustee may, on behalf of all of the Holders of all the Notessuch Series, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, of (and premium, if any, on), and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the CompanyInteractive Health, any Restricted Subsidiary of the Company Interactive Health that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company Interactive Health that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount at maturity of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount at maturity of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Liquidated Damages, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the CompanyIssuer, any Restricted Subsidiary of the Company Issuer that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company Issuer that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Issuer and the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premium, if any, on, and or premium or interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or to (i12) of Section 6.01 hereof, with respect to the Company, Inmarsat Group Limited or any of its Restricted Subsidiary of the Company Subsidiaries that is a Significant Subsidiary or any group of its Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration or waive any existing Default or Event of Default and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Additional Amounts, if any, on, and interestAdditional Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hSection 6.01(a)(8) or (i6.01(a)(9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest, premium or Additional Amounts, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the CompanySuperior Energy, Issuer, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, interest or premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interest, if any, or interest on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Special Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hSection 6.01(h) or (i6.01(i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunderhereunder if, if among other things, (1) the rescission would not conflict with any judgment or decree and if of a court of competent jurisdiction, (2) all existing Events of Default (except Default, other than the nonpayment of the principal of, premium, if any, on, and interestinterest or Special Interest, if any, on on, the Notes that has become due solely because by such declaration of the such acceleration) , have been cured or waivedwaived and (3) the Trustee has been paid all amounts then owing to the Trustee under Section 7.07 hereof.

Acceleration. In Notwithstanding Section 6.01, in the case of an Event of Default specified in clause (h7) or (i) 8) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Additional Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hg) or (ih) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of at least a majority in aggregate principal amount of the then then-outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and or interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h5) or (i6) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes of any series will become due and payable immediately without further action or notice. If any other Event of Default with respect to outstanding Notes of any series occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes of such series may declare all the Notes of such series to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes of a particular series by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Liquidated Damages, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h6) or (i7) of Section 6.01 hereof, with respect to the CompanyCompany or any of its Restricted Subsidiaries that are Significant Subsidiaries, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will shall become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, may on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premium, if any, on, and interest, if any, on the Notes interest or premium that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause clauses (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Liquidated Damages, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or noticenotice (subject to applicable law). If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes by written notice to the Company may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Liquidated Damages, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h7) or to (i12) of Section 6.01 hereof, with respect to the CompanyIssuer, Inmarsat Holdings Limited or any of its Restricted Subsidiary of the Company Subsidiaries that is a Significant Subsidiary or any group of its Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Accreted Value of the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount at maturity of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration or waive any existing Default or Event of Default and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Additional Amounts, if any, on, and interestAdditional Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h9) or (i10) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Special Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i9) of Section 6.01 hereof, with respect to the Parent Guarantors, the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediatelyimmediately by notice in writing to the Company. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all of the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Special Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to Superior Energy, the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Additional Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h9) or (i10) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, interest or premium, if any, on, and interestor Additional Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h9) or (i10) of Section 6.01 hereof, with respect to the Company, Parent or any Restricted Subsidiary one of the Company Parent’s Restricted Subsidiaries that is a Significant Subsidiary or any group of the Parent’s Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and or interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h10) or (i11) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Special Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h9) or (i10) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunderconsequences, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, interest or premium, if any, on, and interestor the Special Redemption Fee, if anyapplicable, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) or (i) of Section 6.01 7.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Company and the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premium, if any, on, and or premium or interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hSection 6.01(7) or (i) 8), the principal of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes Notes, together with accrued and unpaid interest thereon, will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare declare, by written notice to the Issuers and the Parent (and to the Trustee, if such notice is given by the Holders), the principal of all the Notes Notes, together with accrued and unpaid interest thereon, to be due and payable immediately. Upon immediately and, upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Issuers and the Parent and the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premium, if any, on, and interestor interest on, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hg) or (ih) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will shall become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, may on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if (i) the rescission would not conflict with any judgment or decree and if decree, (ii) all existing Events of Default (except nonpayment of principal ofprincipal, interest or premium, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.waived and (iii) there has been paid to or deposited with the Trustee a sum sufficient to pay all amounts due to the Trustee and to reimburse the Trustee for any and all fees, expenses and disbursements advanced by the Trustee, its agents and its counsel incurred in connection with such Default. ASIA 33616188 55

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Special Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of If an Event of Default specified in clause (h) or (i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary shall have occurred and is continuing and a Responsible Officer of the Company that is a Significant Subsidiary or any group Trustee has received written notification of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other such Event of Default occurs and is continuingDefault, the Trustee or will promptly notify the Holders. The Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare require the Trustee to accelerate the maturity of all the Notes and exercise all other available remedies. Notwithstanding the preceding paragraph, upon the occurrence of an Event of Default referred to be due in Section 6.01(f) hereof all of the principal of and payable immediately. Upon any such declaration, accrued interest on all of the Notes shall become immediately due and payable immediatelywithout any demand or other action by the Trustee or the Holders. The After any such acceleration, but before any sale of all or part of the Collateral, the Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the NotesHolders, rescind an acceleration and its consequences hereunder, if (i) the rescission would not conflict with any judgment or decree decree, and if (ii) all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and or interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h) 8) or (i9) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all of the Notes, rescind an acceleration or waive any existing Default or Event of Default and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal ofprincipal, premiuminterest or premium or Special Interest, if any, on, and interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (h‎(h) or (i‎(i) of Section ‎Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken togetheras a whole, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Company and the Trustee may, may on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunder, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premium, if any, on, and interest, if any, interest on the Notes that has have become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified set forth in clause (hviii) or (iix) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all of the Notes, rescind an acceleration or waive any existing Default or Event of Default and its consequences hereunderunder this Indenture, if the rescission would not conflict with any judgment or decree and if all existing Events of Default (except nonpayment of principal of, premiumpremium on, if any, on, and interestinterest or Special Interest, if any, on the Notes that has become due solely because of the acceleration) have been cured or waived.

Acceleration. In the case of an Event of Default specified in clause (hSection 6.01(h) or (i6.01(i) of Section 6.01 hereof, with respect to the Company, any Restricted Subsidiary of the Company that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all outstanding Notes will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes may declare all the Notes to be due and payable immediately. Upon any such declaration, the Notes shall become due and payable immediately. The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may, on behalf of all of the Holders of all the Notes, rescind an acceleration and its consequences hereunderhereunder if, if among other things, (1) the rescission would not conflict with any judgment or decree and if of a court of competent jurisdiction, (2) all existing Events of Default (except Default, other than the nonpayment of the principal of, premium, if any, on, and interest, if any, on on, the Notes that has become due solely because by such declaration of the such acceleration) , have been cured or waivedwaived and (3) the Trustee has been paid all amounts then owing to the Trustee under Section 7.07 hereof. No such rescission shall affect any subsequent Default or impair any right consequent thereon.