Opinion of Counsel to Be. Given to Trustee
Opinion of Counsel to Be. Given to Trustee 51 Article 12 Immunity of Incorporators, Stockholders, Officers and Directors Section 12.01. Indenture and Notes Solely Corporate Obligations 51 Article 13 [Intentionally Omitted] Article 14 Conversion of Notes
Opinion of Counsel to Be. Given to Trustee 59 ARTICLE 12 Immunity of Incorporators, Stockholders, Officers and Directors
Opinion of Counsel to Be. Given to Trustee 52 ARTICLE 12 IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS Section 12.01. Indenture and Notes Solely Corporate Obligations 52 ARTICLE 13 INTENTIONALLY OMITTED ARTICLE 14 CONVERSION OF NOTES
Opinion of Counsel to Be. Given to the Trustee. ---------------------------------------------- The Trustee shall be entitled to receive and, subject to Sections 6.1 and 6.2, shall be fully protected in relying upon an Opinion of Counsel as conclusive evidence that any such consolidation, merger, sale, conveyance or lease and any such assumption complies with the provisions of this Article 8.
Opinion of Counsel to Be. Given to Trustee 112 ARTICLE 12 IMMUNITY OF INCORPORATORS, SHAREHOLDERS, OFFICERS AND DIRECTORS 112 Section 12.01 Indenture and Notes Solely Corporate Obligations 112 ARTICLE 13 GUARANTEES 112 Section 13.01 Guarantees 112 Section 13.02 Limitation on Guarantor Liability 114
Opinion of Counsel to Be. Given Trustee 23 ARTICLE 6 Lists of Noteholders and Reports by the Company and the Trustee 23 Section 6.01. Lists of Noteholders 23 Section 6.02. Preservation and Disclosure of Lists 24 Section 6.03. Reports by Trustee 24 ARTICLE 7 Defaults and Remedies 24 Section 7.01. Events of Default 24 Section 7.02. Payments of Notes on Default; Suit Therefor 25 Section 7.03. Application of Monies or Property Collected by Trustee 26 Section 7.04. Proceedings by Noteholders 27 Section 7.05. Proceedings by Trustee 28 Section 7.06. Remedies Cumulative and Continuing 28 Section 7.07. Direction of Proceedings and Xxxxxx of Defaults by Majority of Noteholders 28 Section 7.08. Notice of Defaults 29 Section 7.09. Undertaking to Pay Costs 29 ARTICLE 8 Concerning the Trustee 30 Section 8.01. Duties and Responsibilities of Trustee 30 Section 8.02. Reliance on Documents, Opinions, Etc. 32
Opinion of Counsel to Be. Given Trustee 91 ARTICLE 6 Lists of Noteholders and Reports by the Company and the Trustee 92 Section 6.01. Lists of Noteholders 92 Section 6.02. Preservation and Disclosure of Lists 92 Section 6.03. Reports by Trustee 92 ARTICLE 7 Defaults and Remedies 93 Section 7.01. Events of Default 93
Opinion of Counsel to Be. Given to the Trustee. The Trustee, subject to Sections 8.01 and 8.02, shall receive an Opinion of Counsel as conclusive evidence that any such consolidation, merger, sale conveyance or lease and any such assumption complies with the provisions of this Article 12 and that all conditions precedent herein provided relating to such transactions have been complied with. ARTICLE 13
Opinion of Counsel to Be. Given to Trustee 55 ARTICLE 12 Immunity of Incorporators, Stockholders, Officers and Directors 55 Section 12.01. Indenture and Notes Solely Corporate Obligations 55 ARTICLE 13 Equity Voting Rights 56 Section 13.01. Equity Voting Rights 56 Section 13.03. Amendments to Certificate of Incorporation 56 ARTICLE 14 Conversion of Notes 57 Section 14.01. Conversion of Notes 57 Section 14.02. Conversion Procedure; Settlement Upon Conversion 58 Section 14.03. Adjustment of Conversion Rate 62 Section 14.04. Distributions 66 Section 14.05. Adjustments of Prices 66 Section 14.06. Shares to Be Fully Paid 67 Section 14.07. Effect of Recapitalizations, Reclassifications and Changes of the Common Stock 67 Section 14.08. Certain Covenants 69 Section 14.09. Responsibility of Trustee 69 Section 14.10. Notice to Holders Prior to Certain Actions 70 Section 14.11. Stockholder Rights Plans 70 ARTICLE 15 Repurchase of Notes at Option of Holders 72 Section 15.01. Intentionally Omitted 72 Section 15.02. Repurchase at Option of Holders Upon a Fundamental Change 72 Section 15.03. Withdrawal of Fundamental Change Repurchase Notice 75 Section 15.04. Deposit of Fundamental Change Repurchase Price 75 Section 15.05. Covenant to Comply with Applicable Laws Upon Repurchase of Notes 76 ARTICLE 16 No Redemption 76 Section 16.01. No Redemption 76 ARTICLE 17 Miscellaneous Provisions 76 Section 17.01. Provisions Binding on Company’s Successors 76 Section 17.02. Official Acts by Successor Corporation 76 Section 17.03. Addresses for Notices, Etc. 76 Section 17.04. Governing Law; Jurisdiction 77 Section 17.05. Evidence of Compliance with Conditions Precedent; Certificates and Opinions of Counsel to Trustee 78 Section 17.06. Legal Holidays 78 Section 17.07. No Security Interest Created 78 Section 17.08. Benefits of Indenture 78 Section 17.09. Table of Contents, Headings, Etc. 78 Section 17.10. Authenticating Agent 79 Section 17.11. Execution in Counterparts 80 Section 17.12. Severability 80 Section 17.13. Waiver of Jury Trial 80 Section 17.14. Force Majeure 80 Section 17.15. Calculations 80 Section 17.16. USA PATRIOT Act 81 Section 17.17 Tax Treatment 81 EXHIBIT Exhibit A Form of Note X-0 Xxxxxxx X-0 Form of Certificate of Transfer B-1 Exhibit B-2 Form of Accredited Investor Certificate B-2 Exhibit C Form of Conversion Blocker Opt-out Notice C-1 INDENTURE dated as of May 29, 2020 between PIONEER ENERGY SERVICES CORP., a Delaware corporation, as issuer (the “Company,” as more fully set forth in Sectio...
