Common use of Redemption Suspended During Event of Default Clause in Contracts

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of the Trustee has actual knowledge or notice, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall redeem such Securities, provided funds are deposited with it for such purpose. Except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders and applied in the manner set forth in Section 6.06; provided, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of the Trustee has actual knowledge or noticehas received written notice thereof, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall redeem such Securities, provided funds are deposited with it for such purpose. Except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders and applied in the manner set forth in Section 6.06; provided, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall redeem such Securities, provided funds are deposited with it for such purpose. Except as aforesaid, any Any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders Holders and applied in the manner set forth in Section 6.067.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding are to be redeemed) or commence the giving of any notice of or redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of the Trustee has actual knowledge or notice, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall redeem such Securities, provided funds are deposited with it for such purpose. Except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders and applied in the manner set forth in Section 6.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities Notes (unless all Securities Notes then outstanding are to be redeemed) or commence the giving of any notice of or redemption of Securities Notes during the continuance of any Event of Default of which a Responsible Officer of the Trustee has actual knowledge or notice, except that where the giving of notice of redemption of any Securities Notes shall theretofore have been made, the Trustee shall redeem such SecuritiesNotes, provided funds are deposited with it for such purpose. Except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders noteholders and applied in the manner set forth in Section 6.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall shall, subject to the provisions of Section 14.04, redeem such Securities, provided funds are deposited with it for such purpose. Except Subject to the rights of the holders of Senior Indebtedness and creditors in respect of General Obligations, except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders Holders and applied in the manner set forth in Section 6.067.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding are to be redeemed) or commence the giving of any notice of or redemption of the Securities during the continuance of any Event of Default of which a Responsible Officer of the Trustee has actual knowledge or notice, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall redeem such Securities, provided funds are deposited with it for such purpose. Except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders and applied in the manner set forth in Section 6.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall shall, subject to the provisions of Article Fourteen, redeem such Securities, provided funds are deposited with it for such purpose. Except Subject to the rights of the holders of Senior Indebtedness, except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders Holders and applied in the manner set forth in Section 6.067.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The --------------------------------------------- Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall redeem such Securities, provided funds are deposited with it for such purpose. Except as aforesaid, any Any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders Holders and applied in the manner set forth in Section 6.067.06; provided, however, that in case such Event of -------- ------- Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that that, where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall redeem such Securities, provided funds are deposited with it for such purpose. Except as aforesaid, any Any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders Holders and applied in the manner set forth in Section 6.067.06; provided, that however, that, in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall shall, subject to the provisions of Section 14.03, redeem such Securities, provided funds are deposited with it for such purpose. Except Subject to the rights of the holders of Senior Indebtedness, except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders Securityholders and applied in the manner set forth in Section 6.067.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall shall, subject to the provisions of Section 14.04, redeem such Securities, provided funds are deposited with it for such purpose. Except Subject to the rights of the holders of Senior Indebtedness and creditors in respect of General Obligations, except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders Holders and applied in the manner set forth in Section 6.067.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article. ARTICLE FIVE COVENANTS SECTION 5.01.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall shall, subject to the provisions of Section 14.04, redeem such Securities, provided funds are deposited with it for such purpose. Except Subject to the rights of the holders of Senior Indebtedness and creditors in respect of General Obligations, except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders Holders and applied in the manner set forth in Section 6.067.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.shall

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall shall, subject to the provisions of Section 14.04, redeem such Securities, provided funds are deposited with it for such purpose. Except Subject to the rights of the holders of Senior Indebtedness, except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders Securityholders and applied in the manner set forth in Section 6.067.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall redeem such Securities, provided funds are deposited with it for such purpose. Except as aforesaid, any Any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in 61 50 trust for the benefit of the securityholders Holders and applied in the manner set forth in Section 6.067.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The --------------------------------------------- Trustee shall not redeem any Securities (unless all Securities then outstanding Outstanding are to be redeemed) or commence the giving of any notice of redemption of Securities during the continuance of any Event of Default of which a Responsible Officer of known to the Trustee has actual knowledge or noticeTrustee, except that where the giving of notice of redemption of any Securities shall theretofore have been made, the Trustee shall shall, subject to the provisions of Section 14.04, redeem such Securities, provided funds are deposited with it for such purpose. Except Subject to the rights of the holders of Senior Indebtedness and creditors in respect of General Obligations, except as aforesaid, any moneys theretofore or thereafter received by the Trustee shall, during the continuance of such Event of Default, be held in trust for the benefit of the securityholders Holders and applied in the manner set forth in Section 6.067.06; provided, however, that in case -------- ------- such Event of Default shall have been waived as provided herein or otherwise cured, such moneys shall thereafter be held and applied in accordance with the provisions of this Article.

Redemption Suspended During Event of Default. The Trustee No Securities of a series shall not redeem any Securities be redeemed (unless all such Securities of a series then outstanding Outstanding are to be redeemed) or commence the giving of nor shall any notice of redemption of Securities of a series be given during the continuance of any Event of Default with respect to such Securities of which a Responsible Officer of the Trustee has actual knowledge or noticeof which the Trustee has notice as described in Section 7.02(i) hereof, except that where the giving of notice of redemption of any the Securities of a series shall theretofore have been made, the Trustee shall redeem such Securities, provided funds are deposited with it the Trustee for such purposepurpose in accordance with the terms of this Indenture. Except as aforesaid, any moneys money theretofore or thereafter received by the Trustee shall, during the continuance of such Event of DefaultDefault of which a Responsible Officer of the Trustee has actual knowledge or of which the Trustee has notice as described in Section 7.02(i), be held in trust for the benefit of the securityholders and applied in the manner set forth in Section 6.06; provided, however, that in case such Event of Default shall have been waived as provided herein or otherwise cured, such moneys money shall thereafter be held and applied in accordance with the provisions of this Article.