SECTION 1311. Provisions as to Consolidation, Merger or Sale of Assets................................. 81 SECTION 1312. Disclaimer of Responsibility for Certain Matters......................................... 82
SECTION 1311. Trustee Not Fiduciary for Holders of Senior Debt............................. 64
SECTION 1311. Cancellation of Converted Bonds........... 67
SECTION 1311. 37 For purposes of this section, full-time-equivalency (FTE) is that number denoting full-time 38 assignment as defined in statute and regulations as now or hereinafter amended. Currently, that 39 definition is that full time equivalency is determined as all hours compensated (except for 40 overtime) divided by one thousand four hundred forty (1,440). 41 42 Section 13.1.2. 43 New employees desiring coverage must enroll in the insurance programs within fifteen (15) 44 days of their orientation date. Regular employees shall have the option, consistent with the 45 requirements of provider contracts, to change or enroll in insurance programs during the open 46 enrollment period specified by the District (normally the month of September through the 47 second Friday of October of each year).
SECTION 1311. Article Thirteen Not to Prevent Events of Default..............................71 -vi- SECTION 1312. No Fiduciary Duty of Trustee to Holders of Senior Indebtedness.................71 SECTION 1313. Article Applicable to Paying Agent.............................................72 ARTICLE FOURTEEN
SECTION 1311. RIGHTS OF TRUSTEE AS HOLDER OF SENIOR DEBT.................................69 SECTION 1312. ARTICLE APPLICABLE TO PAYING AGENTS........................................69 SECTION 1313. RIGHTS AND OBLIGATIONS SUBJECT TO POWER OF COURT...........................70 INDENTURE THIS INDENTURE, dated as of ______________, 2000, between Onyx Acceptance Corporation, a Delaware corporation (the "Company"), having its principal office at 27050 Xxxxx Xxxxxx Xxxxx, Xxxxxxxx Xxxxx, XX 00000 xxx Bankers Trust Company, a New York banking corporation (the "Trustee"), currently located at Four Albaxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000.
SECTION 1311. RIGHTS OF TRUSTEE AS A HOLDER OF SENIOR INDEBTEDNESS: PRESERVATION OF TRUSTEE'S RIGHTS......................70 SECTION 1312. ARTICLE APPLICABLE TO PAYING AGENTS.........................70 SECTION 1313. NO SUSPENSION OF REMEDIES...................................71 SECTION 1314. TRUST MONEY NOT SUBORDINATED................................71 THIS INDENTURE, dated as of November __, 1996 (the "Indenture"), is between CALLON PETROLEUM COMPANY, a corporation duly organized and existing unxxx xxe laws of the State of Delaware (hereinafter called the "Company"), having executive offices located at 200 North Canal Street, Natchez, Mississippi 39120 and AMERICAN STOCK XXXXXXXX & XXXXX XXXXXXX, x xxxxxxxxxxx xxxx xxxxxized and existing under the laws of the State of New York (hereinafter called the "Trustee"), having its principal corporate trust office at 40 Wall Street, 46th Floor, New York, New York 10005. XXXXXXXX XX XXX XXXXXXX Xxx Xxxpany has duly authorized the execution and delivery of this Indenture to provide for the issuance of its __% Senior Subordinated Notes due 2001 (hereinafter called the "Notes"), to be issued in such amount and to have such provisions as are hereinafter set forth. All things necessary to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done. This Indenture is subject to the provisions of the Trust Indenture Act of 1939, as amended, and the rules and regulations of the Securities and Exchange Commission promulgated thereunder that are required to be part of this Indenture and, to the extent applicable, shall be governed by such provisions.
SECTION 1311. Article Thirteen Not to Prevent Events of Default........................................ 49
SECTION 1311. No Fiduciary Duty by Trustee to Holders of Senior Debt. . . 75 SECTION 1312. Paying Agent Treated as Trustee . . . . . . . . . . . . . . 75
SECTION 1311. 11 In addition to the insurance contribution provided in Section 13.3., the District shall distribute 12 unused insurance contributions to those employees in the bargaining unit with pay deductions 13 for basic plans. If contributions remain after such distribution, the remainder shall be 14 distributed to optional plans. The pool shall be calculated monthly. Subsequent recalculations 15 shall be made to ensure full utilization of the pool. 17 The new formula will drive a little more money into the insurance pool – the amount will fluctuate a 18 little each year because the total FTE fluctuates each year.
