Common use of Payments of Notes on Default Clause in Contracts

Payments of Notes on Default. Suit Therefor 38 Section 6.05 . Application of Monies Collected by Trustee 39 Section 6.06 . Proceedings by Holders 39 Section 6.07 . Proceedings by Trustee 40 Section 6.08 . Remedies Cumulative and Continuing 40 Section 6.09 . Direction of Proceedings and Xxxxxx of Defaults by Majority of Holders 41 Section 6.10 . Notice of Defaults 41 Section 6.11 . Undertaking to Pay Costs 42 CONCERNING THE TRUSTEE Section 7.01 . Duties and Responsibilities of Trustee 42 Section 7.02 . Certain Rights of the Trustee 43

Payments of Notes on Default. Suit Therefor 38 36 Section 6.05 . Application of Monies Collected by Trustee 39 37 Section 6.06 . Proceedings by Holders 39 38 Section 6.07 . Proceedings by Trustee 40 38 Section 6.08 . Remedies Cumulative and Continuing 40 39 Section 6.09 . Direction of Proceedings and Xxxxxx Waiver of Defaults by Majority of Holders 41 39 Section 6.10 . Notice of Defaults 41 40 Section 6.11 . Undertaking to Pay Costs 42 CONCERNING THE TRUSTEE 40 Article 7Concerning the Trustee Section 7.01 . Duties and Responsibilities of Trustee 42 40 Section 7.02 . Certain Rights of the Trustee 4341

Payments of Notes on Default. Suit Therefor 38 37 Section 6.05 . Application of Monies Collected by Trustee 39 Section 6.06 . Proceedings by Holders 39 40 Section 6.07 . Proceedings by Trustee 40 41 Section 6.08 . Remedies Cumulative and Continuing 40 41 Section 6.09 . Direction of Proceedings and Xxxxxx Wxxxxx of Defaults by Majority of Holders 41 Section 6.10 . Notice of Defaults 41 42 Section 6.11 . Undertaking to Pay Costs 42 CONCERNING THE TRUSTEE Section 7.01 . Duties and Responsibilities of Trustee 42 Section 7.02 . Certain Rights of the Trustee 43Reliance on Documents, Opinions, Etc. 44

Payments of Notes on Default. Suit Therefor 38 86 Section 6.05 . Application of Monies Collected by Trustee 39 87 Section 6.06 . Proceedings by Holders 39 88 Section 6.07 . Proceedings by Trustee 40 89 Section 6.08 . Remedies Cumulative and Continuing 40 89 Section 6.09 . Direction of Proceedings and Xxxxxx of Defaults by Majority of Holders 41 90 Section 6.10 . Notice of Defaults 41 90 Section 6.11 . Undertaking to Pay Costs 42 91 ​ ​ ARTICLE 7 ​ CONCERNING THE TRUSTEE 91 ​ ​ ​ Section 7.01 . Duties and Responsibilities of Trustee 42 91 Section 7.02 Reliance on Documents, Opinions, Etc. Certain Rights of the Trustee 4393

Payments of Notes on Default. Suit Therefor 38 79 Section 6.05 6.05. Application of Monies Collected by Trustee 39 80 Section 6.06 6.06. Proceedings by Holders 39 81 Section 6.07 6.07. Proceedings by Trustee 40 81 Section 6.08 6.08. Remedies Cumulative and Continuing 40 82 Section 6.09 6.09. Direction of Proceedings and Xxxxxx of Defaults by Majority of Holders 41 82 Section 6.10 6.10. Notice of Defaults 41 82 Section 6.11 6.11. Undertaking to Pay Costs 42 CONCERNING THE TRUSTEE 82 ARTICLE 7 Concerning the Trustee 83 #96856647v2 Section 7.01 7.01. Duties and Responsibilities of Trustee 42 83 Section 7.02 7.02. Certain Rights of the Trustee 43Reliance on Documents, Opinions, Etc. 84

Payments of Notes on Default. Suit Therefor 38 37 Section 6.05 6.05. Application of Monies Collected by Trustee 39 Section 6.06 6.06. Proceedings by Holders 39 40 Section 6.07 6.07. Proceedings by Trustee 40 41 Section 6.08 6.08. Remedies Cumulative and Continuing 40 41 Section 6.09 6.09. Direction of Proceedings and Xxxxxx Waiver of Defaults by Majority of Holders 41 Section 6.10 6.10. Notice of Defaults 41 42 Section 6.11 6.11. Undertaking to Pay Costs 42 ARTICLE 7 CONCERNING THE TRUSTEE Section 7.01 7.01. Duties and Responsibilities of Trustee 42 43 Section 7.02 7.02. Certain Rights of the Trustee 43Reliance on Documents, Opinions, Etc. 45

Payments of Notes on Default. Suit Therefor 38 39 Section 6.05 . Application of Monies Collected by Trustee 39 40 Section 6.06 . Proceedings by Holders 39 41 Section 6.07 . Proceedings by Trustee 40 41 Section 6.08 . Remedies Cumulative and Continuing 40 42 Section 6.09 . Direction of Proceedings and Xxxxxx Waiver of Defaults by Majority of Holders 41 42 Section 6.10 . Notice of Defaults 41 43 Section 6.11 . Undertaking to Pay Costs 42 CONCERNING THE TRUSTEE 43 Section 7.01 . Duties and Responsibilities of Trustee 42 43 Section 7.02 . Certain Rights of the Trustee 4344

Payments of Notes on Default. Suit Therefor 38 79 Section 6.05 6.05. Application of Monies Collected by Trustee 39 80 Section 6.06 6.06. Proceedings by Holders 39 81 Section 6.07 6.07. Proceedings by Trustee 40 81 Section 6.08 6.08. Remedies Cumulative and Continuing 40 82 Section 6.09 6.09. Direction of Proceedings and Xxxxxx of Defaults by Majority of Holders 41 82 Section 6.10 6.10. Notice of Defaults 41 82 Section 6.11 6.11. Undertaking to Pay Costs 42 CONCERNING THE TRUSTEE 82 ARTICLE 7 Concerning the Trustee 83 #96856656v2 Section 7.01 7.01. Duties and Responsibilities of Trustee 42 83 Section 7.02 7.02. Certain Rights of the Trustee 43Reliance on Documents, Opinions, Etc. 84

Payments of Notes on Default. Suit Therefor 38 Section 6.05 . Application of Monies Collected by Trustee 39 40 Section 6.06 . Proceedings by Holders 39 40 Section 6.07 . Proceedings by Trustee 40 41 Section 6.08 . Remedies Cumulative and Continuing 40 41 Section 6.09 . Direction of Proceedings and Xxxxxx Waiver of Defaults by Majority of Holders 41 Section 6.10 . Notice of Defaults 41 42 Section 6.11 . Undertaking to Pay Costs 42 CONCERNING THE TRUSTEE Section 7.01 . Duties and Responsibilities of Trustee 42 43 Section 7.02 . Certain Rights of the Trustee 4344

Payments of Notes on Default. Suit Therefor 38 Section 6.05 . Application of Monies Collected by Trustee 39 40 Section 6.06 . Proceedings by Holders 39 40 Section 6.07 . Proceedings by Trustee 40 41 Section 6.08 . Remedies Cumulative and Continuing 40 41 Section 6.09 . Direction of Proceedings and Xxxxxx Waiver of Defaults by Majority of Holders 41 Section 6.10 . Notice of Defaults 41 42 Section 6.11 . Undertaking to Pay Costs 42 ARTICLE 7 CONCERNING THE TRUSTEE Section 7.01 . Duties and Responsibilities of Trustee 42 43 Section 7.02 . Certain Rights of the Trustee 4344

Payments of Notes on Default. Suit Therefor 38 36 Section 6.05 . Application of Monies Collected by Trustee 39 38 Section 6.06 . Proceedings by Holders 39 38 Section 6.07 . Proceedings by Trustee 40 39 Section 6.08 . Remedies Cumulative and Continuing 40 39 Section 6.09 . Direction of Proceedings and Xxxxxx of Defaults by Majority of Holders 41 40 Section 6.10 . Notice of Defaults 41 Section 6.11 . Undertaking to Pay Costs 42 CONCERNING THE TRUSTEE 41 Section 7.01 . Duties and Responsibilities of Trustee 42 41 Section 7.02 . Certain Rights of the Trustee 43