Remedies of the Trustee and Securityholders on Event of Default. SECTION 5.1 Event of Default Defined; Acceleration of Maturity; Waiver of Default. "Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law, pursuant to Article Thirteen or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):
Remedies of the Trustee and Securityholders on Event of Default. Section 5.01 Event of Default Defined; Acceleration of Maturity; Waiver of Default 16 Section 5.02 Collection of Debt by Trustee; Trustee May Prove Debt 18 Section 5.03 Application of Proceeds 20 Section 5.04 Suits for Enforcement 21 Section 5.05 Restoration of Rights on Abandonment of Proceedings 21 Section 5.06 Limitations on Suits by Securityholders 21 Section 5.07 Unconditional Right of Securityholders to Institute Certain Suits 22 Section 5.08 Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default 22 Section 5.09 Control by Holders of Securities 22 Section 5.10 Waiver of Past Defaults 23 Section 5.11 Trustee to Give Notice of Default 23 Section 5.12 Right of Court to Require Filing of Undertaking to Pay Costs 23
Remedies of the Trustee and Securityholders on Event of Default. Event of Default Defined; Acceleration of Maturity; Waiver of Default.............................................16 SECTION 5.2. Collection of Indebtedness by Trustee; Trustee May Prove Debt....................................................18 SECTION 5.3. Application of Proceeds........................................20 SECTION 5.4.
Remedies of the Trustee and Securityholders on Event of Default. Section 6.01
Remedies of the Trustee and Securityholders on Event of Default. (a) Whenever used herein with respect to Securities of a particular series, "Event of Default" means any one or more of the following events which has occurred and is continuing:
Remedies of the Trustee and Securityholders on Event of Default. SECTION 5.01. Event of Default Defined; Acceleration of Maturity; Waiver of Default..............................................................31
Remedies of the Trustee and Securityholders on Event of Default. Section 6.01 Events of Default
Section 6.02 Collection of Indebtedness and Suits for Enforcement by Trustee Section 6.03 Application of Moneys Collected
Remedies of the Trustee and Securityholders on Event of Default. Section 5.1. Event of Default Defined, Acceleration of Maturity; Waiver of Default.
Remedies of the Trustee and Securityholders on Event of Default. 22 Section 6.1 Events of Default 22 Section 6.2 Collection of Indebtedness and Suits for Enforcement by Trustee 24 Section 6.3 Application of Moneys Collected 25 Section 6.4 Limitation on Suits 26 Section 6.5 Rights and Remedies Cumulative; Delay or Omission Not Waiver 27
Remedies of the Trustee and Securityholders on Event of Default. SECTION 5.1 EVENT OF DEFAULT DEFINED, ACCELERATION OF MATURITY; WAIVER OF DEFAULT “Event of Default” with respect to Securities of any series, wherever used herein, means any one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):
(a) default in the payment of any installment of interest upon any of the Securities of such series as and when the same shall become due and payable, and continuance of such default for a period of 30 days; provided that, a valid extension of an interest payment period by the Issuer in accordance with the terms of such Securities shall not constitute a failure to pay interest; or
(b) default in the payment of all or any part of the principal or premium (if any) on any of the Securities of such series as and when the same shall become due and payable either at maturity, upon any redemption, by declaration or otherwise; or
(c) failure on the part of the Issuer duly to observe or perform any other of the covenants or agreements on the part of the Issuer in the Securities of such series or contained in this Indenture (other than a covenant or agreement included in this Indenture solely for the benefit of a series of Securities other than such series) for a period of [ ] days after the date on which written notice specifying such failure, stating that such notice is a “Notice of Default” hereunder and demanding that the Issuer remedy the same, shall have been given by registered or certified mail, return receipt requested, to the Issuer by the Trustee, or to the Issuer and the Trustee by the holders of at least [ ]% in aggregate principal amount of the Outstanding Securities of the series to which such covenant or agreement relates; or
(d) a court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Issuer in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of the Issuer for any substantial part of its property or ordering the winding up or liquidation of its affairs, and such decree or order shall remain unstayed and in effect for a period of 60 cons...
