Common use of Reporting Defaults Clause in Contracts

Reporting Defaults. 167 ARTICLE VII TRUSTEE SECTION 7.1. Duties of Trustee ............................................................................................167 SECTION 7.2. Rights of Trustee ............................................................................................168 SECTION 7.3. Individual Rights of Trustee ..........................................................................170 SECTION 7.4. Trustee’s Disclaimer ......................................................................................170 SECTION 7.5. Notice of Defaults ..........................................................................................170 SECTION 7.6. [Reserved] ......................................................................................................171 SECTION 7.7. Compensation and Indemnity ........................................................................171 SECTION 7.8. Replacement of Trustee..................................................................................172 SECTION 7.9. Successor Trustee by Merger .........................................................................173 SECTION 7.10. Eligibility; Disqualification ...........................................................................173 SECTION 7.11. [Reserved] ......................................................................................................173 SECTION 7.12. Trustee’s Application for Instruction from the Issuers ...................................173 SECTION 7.13. Collateral Documents; Intercreditor Agreements ..........................................173 ARTICLE VIII