Application of Proceeds After Acceleration. If any Event of Default shall have occurred and be continuing, and if the Required Bondholders shall have instructed the Trustee to do so, all Collateral in the Pledged Accounts controlled and/or held by the Trustee and the proceeds of any sale, disposition or other realization by the Trustee or by any Bondholder upon such collateral (or any portion thereof) pursuant to the Collateral Documents shall be distributed in whole or in part by the Trustee pursuant to the terms of Section 7.09 of the Indenture.
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Sources: Accounts Agreement, Accounts Agreement