Common use of Remedies of the Trustee and Noteholders on an Event of Default Clause in Contracts

Remedies of the Trustee and Noteholders on an Event of Default. Section 6.01. Events of Default 13 Section 6.02. Payments of Notes on Default; Suit Therefor 14 Section 6.03. Application of Monies Collected by Trustees 15 Section 6.04. Proceedings by Noteholder 16 Section 6.05. Proceedings by Trustees 16 Section 6.06. Remedies Cumulative and Continuing 16 Section 6.07. Direction of Proceedings and Waiver of Defaults by Noteholders 17 Section 6.08. Notice of Defaults 17 Section 6.09. Undertaking to Pay Costs 17 Section 6.10. Indenture and Notes Solely Corporate Obligations 18