Common use of Payments of Notes on Default Clause in Contracts

Payments of Notes on Default. Suit Therefor 37 Section 6.05 Application of Monies Collected by Trustee 38 Section 6.06 Proceedings by Holders 39 Section 6.07 Proceedings by Trustee. 40 Section 6.08 Remedies Cumulative and Continuing 40 Section 6.09 Direction of Proceedings and ▇▇▇▇▇▇ of Defaults by Majority of Holders 41 Section 6.10 Notice of Defaults 41 Section 6.11 Undertaking to Pay Costs 42 Section 7.01 Duties and Responsibilities of Trustee 42 Section 7.02 Reliance on Documents, Opinions, Etc. 44 Section 7.03 No Responsibility for Recitals, Etc. 46

Payments of Notes on Default. Suit Therefor 37 Section 6.05 . Application of Monies Collected by Trustee 38 39 Section 6.06 . Proceedings by Holders 39 40 Section 6.07 . Proceedings by Trustee. 40 Trustee 41 Section 6.08 . Remedies Cumulative and Continuing 40 41 Section 6.09 . Direction of Proceedings and ▇W▇▇▇▇▇ of Defaults by Majority of Holders 41 Section 6.10 . Notice of Defaults 41 42 Section 6.11 . Undertaking to Pay Costs 42 Section 7.01 . Duties and Responsibilities of Trustee 42 Section 7.02 . Reliance on Documents, Opinions, Etc. 44 Section 7.03 No Responsibility for Recitals, Etc. 4644

Payments of Notes on Default. Suit Therefor 37 28 Section 6.05 . Application of Monies Collected by Trustee 38 30 Section 6.06 . Proceedings by Holders 39 30 Section 6.07 . Proceedings by Trustee. 40 Trustee 31 Section 6.08 . Remedies Cumulative and Continuing 40 32 Section 6.09 . Direction of Proceedings and ▇▇▇▇▇▇ of Defaults by Majority of Holders 41 32 Section 6.10 . Notice of Defaults 41 33 Section 6.11 . Undertaking to Pay Costs 42 33 Section 7.01 . Duties and Responsibilities of Trustee 42 33 Section 7.02 . Reliance on Documents, Opinions, Etc. 44 Section 7.03 No Responsibility for Recitals, Etc. 4635

Payments of Notes on Default. Suit Therefor 37 86 Section 6.05 Application of Monies Collected by Trustee 38 87 Section 6.06 Proceedings by Holders 39 88 Section 6.07 Proceedings by Trustee. 40 Trustee 89 Section 6.08 Remedies Cumulative and Continuing 40 89 Section 6.09 Direction of Proceedings and ▇▇▇▇▇▇ of Defaults by Majority of Holders 41 90 Section 6.10 Notice of Defaults 41 90 Section 6.11 Undertaking to Pay Costs 42 91 ​ ​ ARTICLE 7 ​ CONCERNING THE TRUSTEE 91 ​ ​ ​ Section 7.01 Duties and Responsibilities of Trustee 42 91 Section 7.02 Reliance on Documents, Opinions, Etc. 44 Section 7.03 No Responsibility for Recitals, Etc. 4693

Payments of Notes on Default. Suit Therefor 37 79 Section 6.05 6.05. Application of Monies Collected by Trustee 38 80 Section 6.06 6.06. Proceedings by Holders 39 81 Section 6.07 6.07. Proceedings by TrusteeTrustee 81 Section 6.08. 40 Section 6.08 Remedies Cumulative and Continuing 40 82 Section 6.09 6.09. Direction of Proceedings and ▇▇▇▇▇▇ of Defaults by Majority of Holders 41 82 Section 6.10 6.10. Notice of Defaults 41 82 Section 6.11 6.11. Undertaking to Pay Costs 42 82 ARTICLE 7 Concerning the Trustee 83 #96856656v2 Section 7.01 7.01. Duties and Responsibilities of Trustee 42 83 Section 7.02 7.02. Reliance on Documents, Opinions, Etc. 44 Section 7.03 No Responsibility for Recitals, Etc. 4684

Payments of Notes on Default. Suit Therefor 37 38 Section 6.05 . Application of Monies Collected by Trustee 38 40 Section 6.06 . Proceedings by Holders 39 40 Section 6.07 . Proceedings by Trustee. 40 Trustee 41 Section 6.08 . Remedies Cumulative and Continuing 40 41 Section 6.09 . Direction of Proceedings and ▇▇▇▇▇▇ Waiver of Defaults by Majority of Holders 41 Section 6.10 . Notice of Defaults 41 42 Section 6.11 . Undertaking to Pay Costs 42 Section 7.01 . Duties and Responsibilities of Trustee 42 43 Section 7.02 Reliance on Documents, Opinions, Etc. 44 Section 7.03 No Responsibility for Recitals, Etc. 46Certain Rights of the Trustee 44

Payments of Notes on Default. Suit Therefor 37 79 Section 6.05 6.05. Application of Monies Collected by Trustee 38 80 Section 6.06 6.06. Proceedings by Holders 39 81 Section 6.07 6.07. Proceedings by TrusteeTrustee 81 Section 6.08. 40 Section 6.08 Remedies Cumulative and Continuing 40 82 Section 6.09 6.09. Direction of Proceedings and ▇▇▇▇▇▇ of Defaults by Majority of Holders 41 82 Section 6.10 6.10. Notice of Defaults 41 82 Section 6.11 6.11. Undertaking to Pay Costs 42 82 ARTICLE 7 Concerning the Trustee 83 #96856647v2 Section 7.01 7.01. Duties and Responsibilities of Trustee 42 83 Section 7.02 7.02. Reliance on Documents, Opinions, Etc. 44 Section 7.03 No Responsibility for Recitals, Etc. 4684

Payments of Notes on Default. Suit Therefor 37 Section 6.05 6.05. Application of Monies Collected by Trustee 38 39 Section 6.06 6.06. Proceedings by Holders 39 40 Section 6.07 6.07. Proceedings by TrusteeTrustee 41 Section 6.08. 40 Section 6.08 Remedies Cumulative and Continuing 40 41 Section 6.09 6.09. Direction of Proceedings and ▇▇▇▇▇▇ Waiver of Defaults by Majority of Holders 41 Section 6.10 6.10. Notice of Defaults 41 42 Section 6.11 6.11. Undertaking to Pay Costs 42 ARTICLE 7 CONCERNING THE TRUSTEE Section 7.01 7.01. Duties and Responsibilities of Trustee 42 43 Section 7.02 7.02. Reliance on Documents, Opinions, Etc. 44 Section 7.03 No Responsibility for Recitals, Etc. 4645