Common use of Collection of Indebtedness by Trustee; Trustee May Prove Debt Clause in Contracts

Collection of Indebtedness by Trustee; Trustee May Prove Debt. (a) The Company covenants that if an Event of Default described in clause (a)(1) or (a)(2) of Section 8.01 hereof shall have occurred and be continuing, then, upon demand of the Trustee, the Company shall pay to the Trustee, for the benefit of the Holders of the Notes of the series with respect to which Event of Default shall have occurred and is continuing, the whole amount that then shall have so become due and payable on all such Notes for principal or interest, as the case may be, with interest upon the overdue principal and any premium and (to the extent that payment of such interest is enforceable under applicable law) upon the overdue installments of interest at the rate borne by such Notes; and, in addition thereto, such further amounts as shall be sufficient to cover the costs and expenses of collection, including reasonable compensation to the Trustee, its agents, attorneys and counsel, any expenses or liabilities incurred by the Trustee hereunder other than through its negligence or bad faith. Until such demand is made by the Trustee, the Company may pay the principal of and interest on such Notes to the Holders, whether or not such Notes be overdue.

Collection of Indebtedness by Trustee; Trustee May Prove Debt. (a) The Company covenants that if an Event of Default described in clause (a)(1) or (a)(2) of Section 8.01 hereof shall have occurred and be continuing, then, upon demand of the Trustee, the Company shall pay to the Trustee, for the benefit of the Holders of the Notes of the series with respect to which Event of Default shall have occurred and is continuingNotes, the whole amount that then shall have so become due and payable on all such Notes for principal or interest, as the case may be, with interest upon the overdue principal and any premium and (to the extent that payment of such interest is enforceable under applicable law) upon the overdue installments of interest at the rate borne by such the Notes; and, in addition thereto, such further amounts as shall be sufficient to cover the costs and expenses of collection, including reasonable compensation to the Trustee, its agents, attorneys and counsel, any expenses or liabilities incurred by the Trustee hereunder other than through its negligence or bad faith. Until such demand is made by the Trustee, the Company may pay the principal of and interest on such the Notes to the Holders, whether or not such the Notes be overdue.

Collection of Indebtedness by Trustee; Trustee May Prove Debt. (a) The Company covenants that if an Event of Default described in clause (a)(1) or (a)(2) of Section 8.01 hereof shall have occurred and be continuing, then, upon demand of the Trustee, the Company shall pay to the Trustee, for the benefit of the Holders of the Notes of the series with respect to which Event of Default shall have occurred and is continuing, the whole amount that then shall have so become due and payable on all such Notes for principal or interest, as the case may be, with interest upon the overdue principal and any premium and (to the extent that payment of such interest is enforceable under applicable law) upon the overdue installments of interest at the rate borne by such Notes; and, in addition thereto, such further amounts as shall be sufficient to cover the costs and expenses of collection, including reasonable 32 compensation to the Trustee, its agents, attorneys and counsel, counsel and any expenses or liabilities incurred by the Trustee hereunder other than through its negligence or bad faith. Until such demand is made by the Trustee, the Company may pay the principal of and interest on such Notes to the Holders, whether or not such Notes be overdue.

Collection of Indebtedness by Trustee; Trustee May Prove Debt. (a) The Company covenants that if an Event (i) in case default shall be made in the payment of Default described in clause (a)(1) any installment of interest on any of the Notes when such interest shall have become due and payable, and such default shall have continued for a period of 30 days or (a)(2ii) in case default shall be made in the payment of Section 8.01 hereof all or any part of the principal or any Additional Amounts of any of the Notes when the same shall have occurred become due and be continuingpayable, thenwhether upon maturity of the Notes or upon any redemption or by declaration or otherwise, then upon written demand of the Trustee, the Company shall will pay to the Trustee, Trustee for the benefit of the Holders of the Notes of the series with respect to which Event of Default shall have occurred and is continuing, the whole amount that then shall have so become due and payable on all such Notes Notes, for principal principal, interest or interestAdditional Amounts, as the case may be, be (with interest to the date of such payment upon the overdue principal and any premium and (and, to the extent that payment of such interest is enforceable under applicable law) upon the , on overdue installments of interest at the same rate borne by such as the rate of interest specified in the Notes); and, and in addition thereto, such further amounts amount as shall be sufficient to cover the costs and expenses of collection, including reasonable compensation all amounts due to the Trustee, including reasonable compensation, expenses, disbursements and advances of the Trustee, its agents, attorneys agents and counsel, any expenses or liabilities incurred by the Trustee hereunder other than through its negligence or bad faith. Until such demand is made by the Trustee, the Company may pay the principal of and interest on such the Notes to the registered Holders, whether or not such the Notes be overdue.

Collection of Indebtedness by Trustee; Trustee May Prove Debt. (a) The Company covenants that if an Event (i) in case default shall be made in the payment of Default described in clause (a)(1) any installment of interest on the Notes when such interest shall have become due and payable, and such default shall have continued for a period of 60 days, or (a)(2ii) in case default shall be made in the payment of Section 8.01 hereof all or any part of the principal of the Notes when the same shall have occurred become due and be continuingpayable, thenwhether upon maturity of such Notes or upon any redemption or by declaration or otherwise, then upon demand of the Trustee, the Company shall will pay to the Trustee, Trustee for the benefit of the Holders of the such Notes of the series with respect to which Event of Default shall have occurred and is continuing, the whole amount that then shall have so become due and payable on all such Notes for principal or and interest, as the case may be, be (with interest to the date of such payment upon the overdue principal and any premium and (and, to the extent that payment of such interest is enforceable under applicable law) upon the , on overdue installments of interest at the rate borne by Overdue Rate applicable to such Notes); and, and in addition thereto, such further amounts amount as shall be sufficient to cover the costs and expenses of collection, including reasonable compensation to the Trustee, its agents, attorneys and counsel, any expenses or liabilities incurred by such other amount due the Trustee hereunder other than through its negligence or bad faith. Until under Section 11.01 in respect of such demand is made by the Trustee, the Company may pay the principal of and interest on such Notes to the Holders, whether or not such Notes be overdueNotes.

Collection of Indebtedness by Trustee; Trustee May Prove Debt. (a) The Company covenants that if an Event (1) in case default shall be made in the payment of Default described in clause (a)(1) any installment of interest on any of the Notes of a series, and such default shall have continued for a period of 30 days, or (a)(22) in case default shall be made in the payment of Section 8.01 hereof the principal of (or premium, if any, on) any of the Notes of a series when the same shall have occurred become due and be continuingpayable, whether upon maturity of the Notes of a series or upon redemption or upon declaration or otherwise, as and when the same shall have become due and payable, then, upon demand of the Trustee, the Company shall will pay to the Trustee, for the benefit of the Holders holders of the Notes of the series with respect to which Event of Default shall have occurred and is continuingthat series, the whole amount that then shall have so become due and payable on all such Notes for principal (and premium, if any) or interest, or both, as the case may be, with interest upon the overdue principal (and any premium premium, if any) and (to the extent that payment of such interest is enforceable under applicable law) upon the overdue installments of interest at the rate borne by such Notesper annum expressed in the Notes of that series; and, in addition thereto, such further amounts amount as shall be sufficient to cover the costs and expenses of collection, including reasonable compensation and the amount payable to the Trustee, its agents, attorneys and counsel, any expenses or liabilities incurred by the Trustee hereunder other than through its negligence or bad faith. Until such demand is made by the Trustee, the Company may pay the principal of and interest on such Notes to the Holders, whether or not such Notes be overdueunder Section 7.06.

Collection of Indebtedness by Trustee; Trustee May Prove Debt. (a) The Company covenants that if an Event (i) in case default shall be made in the payment of Default described in clause (a)(1) any installment of interest on any of the Notes when such interest shall have become due and payable, and such default shall have continued for a period of 30 days or (a)(2ii) in case default shall be made in the payment of Section 8.01 hereof all or any part of the principal or any Additional Amounts of any of the Notes when the same shall have occurred become due and be continuingpayable, thenwhether upon maturity of the Notes or upon any redemption or by declaration or otherwise, then upon demand of the Trustee, the Company shall will pay to the Trustee, Trustee for the benefit of the Holders of the Notes of the series with respect to which Event of Default shall have occurred and is continuing, the whole amount that then shall have so become due and payable on all such Notes Notes, for principal principal, interest or interestAdditional Amounts, as the case may be, be (with interest to the date of such payment upon the overdue principal and any premium and (and, to the extent that payment of such interest is enforceable under applicable law) upon the , on overdue installments of interest at the same rate borne by such Notes; and, as the rate of interest specified in the Notes); and in addition thereto, such further amounts amount as shall be sufficient to cover the costs and expenses of collection, including reasonable compensation all amounts due to the Trustee, including reasonable compensation, expenses, disbursements and advances of the Trustee, its agents, attorneys agents and counsel, any expenses or liabilities incurred by the Trustee hereunder other than through its negligence or bad faith. Until such demand is made by the Trustee, the Company may pay the principal of and interest on such the Notes to the Holdersregistered holders, whether or not such the Notes be overdue.