SECTION 1018. Application of Net Cash Proceeds in Event of Loss................................................70 Section 1019. Ownership of Stock of Subsidiaries...............................................................71
SECTION 1018. Statement by Officers as to Default; Compliance Certificates . . . . 100 SECTION 1019.
SECTION 1018. Unrestricted Subsidiaries..............................................59 SECTION 1019. Limitation on Layering Debt............................................60 SECTION 1020. Limitation on Guarantees of Debt by Restricted Subsidiaries............60 SECTION 1021. Limitation on Conduct of Business......................................60 SECTION 1022.
SECTION 1018. STATEMENT BY OFFICERS AS TO DEFAULT. . . . . . . . . . . 100 SECTION 1019. COMMISSION REPORTS AND REPORTS TO HOLDERS. . . . . . . . 101 ARTICLE ELEVEN REDEMPTION OF NOTES
SECTION 1018. Application of Net Cash Proceeds in Event of Loss. Subject to and as permitted by the terms of this Indenture and the terms of any release or subordination contemplated by Section 1405 hereof, in the event that the Company or any Subsidiary suffers any Event of Loss to any Collateral, on or before the 365th day after the date that the Company or such Subsidiary receives any Net Cash Proceeds from such Event of Loss to Collateral, the Company shall use all of the Net Cash Proceeds from such Event of Loss to make either (a) an offer to purchase (the "Event of Loss Offer") from all holders of Securities up to a maximum principal amount (expressed as a multiple of $1,000) of Securities equal to the Net Cash Proceeds at a purchase price equal to 100% of the principal amount thereof plus accrued and unpaid interest thereon, if any, to the date of purchase or (b) a Permitted Related Investment, upon consummation of which the Trustee shall have received a first priority fully perfected security interest in the property on assets acquired by the Company or any of its Subsidiaries in connection therewith, subject to and as permitted by the terms of this Indenture and the terms of any release or subordination contemplated by Section 1405 hereof; provided, that the Company shall not be required to make any Event of Loss Offer if the Net Cash Proceeds of all Events of Loss to and Asset Sales of Collateral that are not used to make a Permitted Related Investment within 365 days or 180 days, respectively, do not exceed $5 million. Each Event of Loss Offer shall remain open for a period of at least 20 Business Days. To the extent the Event of Loss Offer is not fully subscribed to by the holders of the Securities, the Company or the relevant Subsidiary may retain such unutilized portion of the Net Cash Proceeds. If the Event of Loss Offer is more than fully subscribed to by the Holders of the Securities, the particular Securities to be accepted shall be selected by such method as the Trustee shall deem fair and appropriate and which may provide for the selection of portions of the principal of Securities; provided, however, that no such partial acceptance shall reduce the portion of the principal amount of a Security not redeemed to less than $1,000; and provided further that so long as the Securities are listed on any national securities exchange (as such term is defined in the Exchange Act), such selection shall be made by the Trustee in accordance with the provisions of...
SECTION 1018. Limitation on Subsidiary Capital Stock............................................72 SECTION 1019. Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries..........................................................72
SECTION 1018. Limitation on Asset Dispositions....................... 78
SECTION 1018. Statement by Officers as to Default...................................54
SECTION 1018. Limitation on Sale of Subsidiary Preferred Stock........97
SECTION 1018. No Borrowing ..................................................... 78 Article XI EARLY REDEMPTION OF NOTES
