Common use of Payment of Other Amounts Clause in Contracts

Payment of Other Amounts. The Corporation shall fail to pay any amount under this Indenture (other than an amount described in Section 7.1(1)) when the same shall become due and payable, and such failure shall have continued for a period of sixty (60) days after a Debentureholders’ Request or after written notice from the Trustee requiring such default to be remedied has been given to the Corporation.