Common use of Payments of Notes on Default Clause in Contracts

Payments of Notes on Default. Suit Therefor 47 Section 7.03. Application of Monies Collected by Trustee 49 Section 7.04. Proceedings by Noteholders 49 Section 7.05. Proceedings by Trustee 50 Section 7.06. Remedies Cumulative and Continuing 50 Section 7.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 51 Section 7.08. Undertaking to Pay Costs 51 THE TRUSTEE Section 8.01. Notice of Defaults 52 Section 8.02. Certain Rights of Trustee 52 Section 8.03. Not Responsible for Recitals or Issuance of Notes 54 Section 8.04. May Hold Notes and Common Stock 54 Section 8.05. Money Held in Trust 54 Section 8.06. Compensation and Reimbursement 54

Payments of Notes on Default. Suit Therefor 47 37 Section 7.036.03. Application of Monies Collected by Trustee 49 38 Section 7.046.04. Proceedings by Noteholders 49 39 Section 7.056.05. Proceedings by Trustee 50 40 Section 7.066.06. Remedies Cumulative and Continuing 50 40 Section 7.076.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 51 40 Section 7.086.08. Undertaking to Pay Costs 51 41 THE TRUSTEE Section 8.017.01. Notice of Defaults 52 41 Section 8.027.02. Certain Rights of Trustee 52 41 Section 8.037.03. Not Responsible for Recitals or Issuance of Notes 54 Notes. 43 Section 8.047.04. May Hold Notes and Common Stock 54 Stock. 44 Section 8.057.05. Money Held in Trust 54 Section 8.06Trust. Compensation and Reimbursement 5444

Payments of Notes on Default. Suit Therefor 47 36 Section 7.036.03. Application of Monies Collected by Trustee 49 38 Section 7.046.04. Proceedings by Noteholders 49 38 Section 7.056.05. Proceedings by Trustee 50 39 Section 7.066.06. Remedies Cumulative and Continuing 50 39 Section 7.076.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 51 39 Section 7.086.08. Undertaking to Pay Costs 51 THE TRUSTEE 40 Section 8.017.01. Notice of Defaults 52 40 Section 8.027.02. Certain Rights of Trustee 52 41 Section 8.037.03. Not Responsible for Recitals or Issuance of Notes 54 43 Section 8.047.04. May Hold Notes and Common Stock 54 43 Section 8.057.05. Money Held in Trust 54 43 Section 8.067.06. Compensation and Reimbursement 5443

Payments of Notes on Default. Suit Therefor 47 36 Section 7.036.03. Application of Monies Collected by Trustee 49 38 Section 7.046.04. Proceedings by Noteholders 49 38 Section 7.056.05. Proceedings by Trustee 50 39 Section 7.066.06. Remedies Cumulative and Continuing 50 39 Section 7.076.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 51 40 Section 7.086.08. Undertaking to Pay Costs 51 40 THE TRUSTEE Section 8.017.01. Notice of Defaults 52 41 Section 8.027.02. Certain Rights of Trustee 52 41 Section 8.037.03. Not Responsible for Recitals or Issuance of Notes 54 Notes. 43 Section 8.047.04. May Hold Notes and Common Stock 54 Stock. 43 Section 8.057.05. Money Held in Trust 54 Section 8.06Trust. Compensation and Reimbursement 5443