Common use of Payments of Notes on Default Clause in Contracts

Payments of Notes on Default. Suit Therefor 37 Section 6.03. Application of Monies Collected by Trustee 38 Section 6.04. Proceedings by Noteholders 39 Section 6.05. Proceedings by Trustee 40 Section 6.06. Remedies Cumulative and Continuing 40 Section 6.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 40 Section 6.08. Undertaking to Pay Costs 41 THE TRUSTEE Section 7.01. Notice of Defaults 41 Section 7.02. Certain Rights of Trustee 41 Section 7.03. Not Responsible for Recitals or Issuance of Notes. 43 Section 7.04. May Hold Notes and Common Stock. 44 Section 7.05. Money Held in Trust. 44

Payments of Notes on Default. Suit Therefor 37 36 Section 6.03. Application of Monies Collected by Trustee 38 Section 6.04. Proceedings by Noteholders 39 38 Section 6.05. Proceedings by Trustee 40 39 Section 6.06. Remedies Cumulative and Continuing 40 39 Section 6.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 40 39 Section 6.08. Undertaking to Pay Costs 41 THE TRUSTEE 40 Section 7.01. Notice of Defaults 41 40 Section 7.02. Certain Rights of Trustee 41 Section 7.03. Not Responsible for Recitals or Issuance of Notes. Notes 43 Section 7.04. May Hold Notes and Common Stock. 44 Stock 43 Section 7.05. Money Held in TrustTrust 43 Section 7.06. 44Compensation and Reimbursement 43

Payments of Notes on Default. Suit Therefor 37 36 Section 6.03. Application of Monies Collected by Trustee 38 Section 6.04. Proceedings by Noteholders 39 38 Section 6.05. Proceedings by Trustee 40 39 Section 6.06. Remedies Cumulative and Continuing 40 39 Section 6.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 40 Section 6.08. Undertaking to Pay Costs 41 40 THE TRUSTEE Section 7.01. Notice of Defaults 41 Section 7.02. Certain Rights of Trustee 41 Section 7.03. Not Responsible for Recitals or Issuance of Notes. 43 Section 7.04. May Hold Notes and Common Stock. 44 43 Section 7.05. Money Held in Trust. 4443

Payments of Notes on Default. Suit Therefor 37 47 Section 6.037.03. Application of Monies Collected by Trustee 38 49 Section 6.047.04. Proceedings by Noteholders 39 49 Section 6.057.05. Proceedings by Trustee 40 50 Section 6.067.06. Remedies Cumulative and Continuing 40 50 Section 6.077.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 40 51 Section 6.087.08. Undertaking to Pay Costs 41 51 THE TRUSTEE Section 7.018.01. Notice of Defaults 41 52 Section 7.028.02. Certain Rights of Trustee 41 52 Section 7.038.03. Not Responsible for Recitals or Issuance of Notes. 43 Notes 54 Section 7.048.04. May Hold Notes and Common Stock. 44 Stock 54 Section 7.058.05. Money Held in TrustTrust 54 Section 8.06. 44Compensation and Reimbursement 54