Common use of Remedies of the Trustee and Securityholders on Event of Default Clause in Contracts

Remedies of the Trustee and Securityholders on Event of Default. 20 Section 6.01 Events of Default 21 Section 6.02 Collection of Indebtedness and Suits for Enforcement by Trustee 22 Section 6.03 Application of Moneys Collected 23 Section 6.04 Limitation on Suits 23 Section 6.05 Rights and Remedies Cumulative; Delay or Omission Not Waiver 24 Section 6.06 Control by Securityholders 24 Section 6.07 Undertaking to Pay Costs 24 ARTICLE 7 CONCERNING THE TRUSTEE 25 Section 7.01 Certain Duties and Responsibilities of Trustee 25 Section 7.02 Certain Rights of Trustee 25 Section 7.03 Trustee Not Responsible for Recitals or Issuance or Securities 27 Section 7.04 May Hold Securities 27 Section 7.05 Moneys Held in Trust 27 Section 7.06 Compensation and Reimbursement 28 Section 7.07 Reliance on Officer’s Certificate 28 Section 7.08 Disqualification; Conflicting Interests 28 Section 7.09 Corporate Trustee Required; Eligibility 28 Section 7.10 Resignation and Removal; Appointment of Successor 29 Section 7.11 Acceptance of Appointment By Successor 30 Section 7.12 Merger, Conversion, Consolidation or Succession to Business 31 Section 7.13 Preferential Collection of Claims Against the Company 31 Section 7.14 Notice of Default 31

Remedies of the Trustee and Securityholders on Event of Default. 20 16 Section 6.01 Events of Default 21 16 Section 6.02 Collection of Indebtedness and Suits for Enforcement by Trustee 22 17 Section 6.03 Application of Moneys Collected 23 18 Section 6.04 Limitation on Suits 23 18 Section 6.05 Rights and Remedies Cumulative; Delay or Omission Not Waiver 24 19 Section 6.06 Control by Securityholders 24 19 Section 6.07 Undertaking to Pay Costs 24 20 ARTICLE 7 CONCERNING THE TRUSTEE 25 20 Section 7.01 Certain Duties and Responsibilities of Trustee 25 20 Section 7.02 Certain Rights of Trustee 25 21 Section 7.03 Trustee Not Responsible for Recitals or Issuance or Securities 27 22 Section 7.04 May Hold Securities 27 23 Section 7.05 Moneys Held in Trust 27 23 Section 7.06 Compensation and Reimbursement 28 23 Section 7.07 Reliance on Officer’s Certificate 28 23 Section 7.08 Disqualification; Conflicting Interests 28 Section 7.09 Corporate Trustee Required; Eligibility 28 Section 7.10 Resignation and Removal; Appointment of Successor 29 Section 7.11 Acceptance of Appointment By Successor 30 Section 7.12 Merger, Conversion, Consolidation or Succession to Business 31 Section 7.13 Preferential Collection of Claims Against the Company 31 Section 7.14 Notice of Default 3123 PAGE

Remedies of the Trustee and Securityholders on Event of Default. 20 16 Section 6.01 Events of Default 21 16 Section 6.02 Collection of Indebtedness and Suits for Enforcement by Trustee 22 18 Section 6.03 Application of Moneys Collected 23 19 Section 6.04 Limitation on Suits 23 19 Section 6.05 Rights and Remedies Cumulative; Delay or Omission Not Waiver 24 20 Section 6.06 Control by Securityholders 24 20 Section 6.07 Undertaking to Pay Costs 24 20 ARTICLE 7 CONCERNING THE TRUSTEE 25 21 Section 7.01 Certain Duties and Responsibilities of Trustee 25 21 Section 7.02 Certain Rights of Trustee 25 21 Section 7.03 Trustee Not Responsible for Recitals or Issuance or Securities 27 23 Section 7.04 May Hold Securities 27 24 Section 7.05 Moneys Held in Trust 27 24 Section 7.06 Compensation and Reimbursement 28 24 Section 7.07 Reliance on Officer’s 's Certificate 28 24 Section 7.08 Disqualification; Conflicting Interests 28 25 Section 7.09 Corporate Trustee Required; Eligibility 28 25 Section 7.10 Resignation and Removal; Appointment of Successor 29 25 Section 7.11 Acceptance of Appointment By Successor 30 26 Section 7.12 Merger, Conversion, Consolidation or Succession to Business 31 27 Section 7.13 Preferential Collection of Claims Against the Company 31 27 Section 7.14 Notice of Default 3127 ARTICLE 8 CONCERNING THE SECURITYHOLDERS 28 Section 8.01 Evidence of Action by Securityholders 28 Section 8.02 Proof of Execution by Securityholders 28 Section 8.03 Who May be Deemed Owners 28 Section 8.04 Certain Securities Owned by Company Disregarded 29 Section 8.05 Actions Binding on Future Securityholders 29

Remedies of the Trustee and Securityholders on Event of Default. 20 14 Section 6.01 Events of Default 21 14 Section 6.02 Collection of Indebtedness and Suits for Enforcement by Trustee 22 15 Section 6.03 Application of Moneys Collected 23 16 Section 6.04 Limitation on Suits 23 16 Section 6.05 Rights and Remedies Cumulative; Delay or Omission Not Waiver 24 16 Section 6.06 Control by Securityholders 24 17 Section 6.07 Undertaking to Pay Costs 24 17 ARTICLE 7 CONCERNING THE TRUSTEE 25 17 Section 7.01 Certain Duties and Responsibilities of Trustee 25 17 Section 7.02 Certain Rights of Trustee 25 18 Section 7.03 Trustee Not Responsible for Recitals or Issuance or Securities 27 19 Section 7.04 May Hold Securities 27 19 Section 7.05 Moneys Held in Trust 27 19 Section 7.06 Compensation and Reimbursement 28 20 Section 7.07 Reliance on Officer’s Certificate 28 20 Section 7.08 Disqualification; Conflicting Interests 28 20 Section 7.09 Corporate Trustee Required; Eligibility 28 20 Section 7.10 Resignation and Removal; Appointment of Successor 29 20 Section 7.11 Acceptance of Appointment By Successor 30 21 Section 7.12 Merger, Conversion, Consolidation or Succession to Business 31 22 Section 7.13 Preferential Collection of Claims Against the Company 31 22 Section 7.14 Notice of Default 3122 ARTICLE 8 CONCERNING THE SECURITYHOLDERS 22 Section 8.01 Evidence of Action by Securityholders 22 Section 8.02 Proof of Execution by Securityholders 23 Section 8.03 Who May be Deemed Owners 23 Section 8.04 Certain Securities Owned by Company Disregarded 23 Section 8.05 Actions Binding on Future Securityholders 23

Remedies of the Trustee and Securityholders on Event of Default. 20 28 Section 6.01 6.01. Events Of Default 28 Section 6.02. Payment of Default 21 Securities on Default; Suit Therefor 30 Section 6.02 Collection 6.03. Application of Indebtedness and Suits for Enforcement Money Collected by Trustee 22 31 Section 6.03 Application of Moneys Collected 23 6.04. Proceedings by Securityholders 32 Section 6.04 Limitation on Suits 23 6.05. Proceedings by Trustee 33 Section 6.05 Rights 6.06. Remedies Cumulative and Remedies CumulativeContinuing; Delay or Omission Not Waiver 24 33 Section 6.06 Control 6.07. Direction of Proceedings and Waiver of Defaults by Majority of Securityholders 24 33 Section 6.07 6.08. Notice of Defaults 34 Section 6.09. Undertaking to Pay Costs 24 34 ARTICLE 7 CONCERNING THE TRUSTEE 25 VII 35 Section 7.01 7.01. Certain Duties and Responsibilities of Trustee 25 35 Section 7.02 7.02. Certain Rights of Trustee 25 36 Section 7.03 7.03. Individual Rights of Trustee Not Responsible for Recitals or Issuance or Securities 27 38 Section 7.04 May Hold Securities 27 7.04. Trustee’s Disclaimer 38 Section 7.05 Moneys Held in Trust 27 7.05. [Intentionally Omitted] 38 Section 7.06 7.06. Reports by Trustee to Holders 38 Section 7.07. Compensation and Reimbursement 28 Indemnity 38 Section 7.07 Reliance on Officer’s Certificate 28 7.08. Replacement of Trustee 39 Section 7.08 Disqualification; Conflicting Interests 28 Section 7.09 Corporate Trustee Required; Eligibility 28 Section 7.10 Resignation and Removal; Appointment of Successor 29 Section 7.11 7.09. Acceptance of Appointment By by Successor 30 40 Section 7.12 Merger, Conversion, Consolidation or Succession to Business 31 7.10. Successor Trustee by Merger 41 Section 7.13 Preferential Collection of Claims Against the Company 31 Section 7.14 Notice of Default 317.11. Eligibility 42

Remedies of the Trustee and Securityholders on Event of Default. 20 34 Section 6.01 Events of Default 21 34 Section 6.02 Collection of Indebtedness and Suits for Enforcement by Trustee 22 35 Section 6.03 Application of Moneys Funds Collected 23 37 Section 6.04 Limitation on Suits 23 37 Section 6.05 Rights and Remedies Cumulative; Delay or Omission Not not Waiver 24 38 Section 6.06 Control by Securityholders 24 38 Section 6.07 Undertaking to Pay Costs 24 39 Section 6.08 Waiver Of Usury, Stay Or Extension Laws 40 ARTICLE 7 VII. CONCERNING THE TRUSTEE 25 40 Section 7.01 Certain Duties and Responsibilities of Trustee 25 40 Section 7.02 Certain Rights of Trustee 25 41 Section 7.03 Trustee Not not Responsible for Recitals or Issuance or of Securities 27 42 Section 7.04 May Hold Securities 27 42 Section 7.05 Moneys Funds Held in Trust 27 43 Section 7.06 Compensation and Reimbursement 28 43 Section 7.07 Reliance on Officer’s Certificate 28 43 Section 7.08 Disqualification; Conflicting Interests 28 44 Section 7.09 Corporate Trustee Required; Eligibility 28 44 Section 7.10 Resignation and Removal; Appointment of Successor 29 44 Section 7.11 Acceptance of Appointment By Successor 30 45 Section 7.12 Merger, Conversion, Consolidation or Succession to Business 31 46 Section 7.13 Preferential Collection of Claims Against the Company 31 47 ARTICLE VIII. CONCERNING THE SECURITYHOLDERS 47 Section 7.14 Notice 8.01 Evidence of Default 31Action by Securityholders. 47 Section 8.02 Proof of Execution by Securityholders 48 Section 8.03 Who May be Deemed Owners 48 Section 8.04 Certain Securities Owned by Company Disregarded 48 TABLE OF CONTENTS (continued) Page

Remedies of the Trustee and Securityholders on Event of Default. 20 34 Section 6.01 Events of Default 21 34 Section 6.02 Collection of Indebtedness and Suits for Enforcement by Trustee 22 36 Section 6.03 Application of Moneys Funds Collected 23 37 Section 6.04 Limitation on Suits 23 38 Section 6.05 Rights and Remedies Cumulative; Delay or Omission Not not Waiver 24 38 Section 6.06 Control by Securityholders 24 39 Section 6.07 Undertaking to Pay Costs 24 40 Section 6.08 Waiver Of Usury, Stay Or Extension Laws 40 ARTICLE 7 VII. CONCERNING THE TRUSTEE 25 41 Section 7.01 Certain Duties and Responsibilities of Trustee 25 41 Section 7.02 Certain Rights of Trustee 25 42 Section 7.03 Trustee Not not Responsible for Recitals or Issuance or of Securities 27 43 Section 7.04 May Hold Securities 27 43 Section 7.05 Moneys Funds Held in Trust 27 43 Section 7.06 Compensation and Reimbursement 28 43 Section 7.07 Reliance on Officer’s Certificate 28 44 Section 7.08 Disqualification; Conflicting Interests 28 44 Section 7.09 Corporate Trustee Required; Eligibility 28 44 Section 7.10 Resignation and Removal; Appointment of Successor 29 45 Section 7.11 Acceptance of Appointment By Successor 30 46 Section 7.12 Merger, Conversion, Consolidation or Succession to Business 31 47 Section 7.13 Preferential Collection of Claims Against the Company 31 47 ARTICLE VIII. CONCERNING THE SECURITYHOLDERS 48 Section 7.14 Notice 8.01 Evidence of Default 31Action by Securityholders 48 Section 8.02 Proof of Execution by Securityholders 48 Section 8.03 Who May be Deemed Owners 49 Section 8.04 Certain Securities Owned by Company Disregarded 49 Section 8.05 Actions Binding on Future Securityholders 49