Common use of Payments of Notes on Default Clause in Contracts

Payments of Notes on Default. Suit Therefor 36 Section 6.03. Application of Monies Collected by Trustee 38 Section 6.04. Proceedings by Noteholders 38 Section 6.05. Proceedings by Trustee 39 Section 6.06. Remedies Cumulative and Continuing 39 Section 6.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 39 Section 6.08. Undertaking to Pay Costs 40 Section 7.01. Notice of Defaults 40 Section 7.02. Certain Rights of Trustee 41 Section 7.03. Not Responsible for Recitals or Issuance of Notes 43 Section 7.04. May Hold Notes and Common Stock 43 Section 7.05. Money Held in Trust 43 Section 7.06. Compensation and Reimbursement 43

Payments of Notes on Default. Suit Therefor 36 37 Section 6.03. Application of Monies Collected by Trustee 38 Section 6.04. Proceedings by Noteholders 38 39 Section 6.05. Proceedings by Trustee 39 40 Section 6.06. Remedies Cumulative and Continuing 39 40 Section 6.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 39 40 Section 6.08. Undertaking to Pay Costs 40 41 THE TRUSTEE Section 7.01. Notice of Defaults 40 41 Section 7.02. Certain Rights of Trustee 41 Section 7.03. Not Responsible for Recitals or Issuance of Notes Notes. 43 Section 7.04. May Hold Notes and Common Stock 43 Stock. 44 Section 7.05. Money Held in Trust 43 Section 7.06Trust. Compensation and Reimbursement 4344

Payments of Notes on Default. Suit Therefor 36 Section 6.03. Application of Monies Collected by Trustee 38 Section 6.04. Proceedings by Noteholders 38 Section 6.05. Proceedings by Trustee 39 Section 6.06. Remedies Cumulative and Continuing 39 Section 6.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 39 40 Section 6.08. Undertaking to Pay Costs 40 THE TRUSTEE Section 7.01. Notice of Defaults 40 41 Section 7.02. Certain Rights of Trustee 41 Section 7.03. Not Responsible for Recitals or Issuance of Notes Notes. 43 Section 7.04. May Hold Notes and Common Stock Stock. 43 Section 7.05. Money Held in Trust 43 Section 7.06Trust. Compensation and Reimbursement 43

Payments of Notes on Default. Suit Therefor 36 47 Section 6.037.03. Application of Monies Collected by Trustee 38 49 Section 6.047.04. Proceedings by Noteholders 38 49 Section 6.057.05. Proceedings by Trustee 39 50 Section 6.067.06. Remedies Cumulative and Continuing 39 50 Section 6.077.07. Direction of Proceedings and Waiver of Defaults by Majority of Noteholders 39 51 Section 6.087.08. Undertaking to Pay Costs 40 51 THE TRUSTEE Section 7.018.01. Notice of Defaults 40 52 Section 7.028.02. Certain Rights of Trustee 41 52 Section 7.038.03. Not Responsible for Recitals or Issuance of Notes 43 54 Section 7.048.04. May Hold Notes and Common Stock 43 54 Section 7.058.05. Money Held in Trust 43 54 Section 7.068.06. Compensation and Reimbursement 4354