Acceleration of Maturity; Recission and Annulment. Solely for purposes of the Debentures and this First Supplemental Indenture the first paragraph of Section 502 of the Base Indenture shall be deemed to have been amended and restated to read in full as follows: "If an Event of Default as described in Section 2.9(d) or (e) of this First Supplemental Indenture occurs and is continuing, then either the Trustee or the Holders of not less than 25% in principal amount of the Debentures may declare the principal of all the Debentures, and accrued and unpaid interest, if any, thereon to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by the Holders), and upon any such declaration such principal, and such accrued and unpaid interest shall become immediately due and payable.
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Samples: First Supplemental Indenture (Bay View Capital I), First Supplemental Indenture (Bay View Capital I), First Supplemental Indenture (Bay View Capital I)
Acceleration of Maturity; Recission and Annulment. Solely for purposes of the Debentures and this First Supplemental Indenture Indenture, the first paragraph of Section 502 of the Base Indenture shall be deemed to have been amended and restated to read in full as follows: "If an Event of Default as described in Section 2.9(d) or (e) of this the First Supplemental Indenture occurs and is continuing, then either the Trustee or the Holders of not less than 25% in principal amount of the Debentures may declare the principal of all the Debentures, and accrued and unpaid interest, if any, thereon to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by the Holders), and upon any such declaration such principal, principal and such accrued and unpaid interest shall become immediately due and payable."
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