Common use of Payments of Notes on Default Clause in Contracts

Payments of Notes on Default. Suit Therefor 86 Section 6.05 Application of Monies Collected by Trustee 87 Section 6.06 Proceedings by Holders 88 Section 6.07 Proceedings by Trustee 89 Section 6.08 Remedies Cumulative and Continuing 89 Section 6.09 Direction of Proceedings and ▇▇▇▇▇▇ of Defaults by Majority of Holders 90 Section 6.10 Notice of Defaults 90 Section 6.11 Undertaking to Pay Costs 91 ​ ​ ARTICLE 7 ​ CONCERNING THE TRUSTEE 91 ​ ​ ​ Section 7.01 Duties and Responsibilities of Trustee 91 Section 7.02 Reliance on Documents, Opinions, Etc. 93

Payments of Notes on Default. Suit Therefor 86 93 Section 6.05 Application of Monies Collected by Trustee 87 94 Section 6.06 Proceedings by Holders 88 95 Section 6.07 Proceedings by Trustee 89 96 Section 6.08 Remedies Cumulative and Continuing 89 96 Section 6.09 Direction of Proceedings and ▇▇▇▇▇▇ of Defaults by Majority of Requisite Holders 90 96 Section 6.10 Notice of Defaults 90 97 Section 6.11 Undertaking to Pay Costs 91 ​ ​ 97 ARTICLE 7 ​ CONCERNING THE TRUSTEE 91 ​ ​ ​ 97 Section 7.01 Duties and Responsibilities of Trustee 91 97 Section 7.02 Reliance on DocumentsCertain Rights of Trustee 98 Section 7.03 No Responsibility for Recitals, Opinions, Etc. 93Etc 101

Payments of Notes on Default. Suit Therefor 86 73 Section 6.05 6.05. Application of Monies Collected by Trustee 87 74 Section 6.06 6.06. Proceedings by Holders 88 75 Section 6.07 6.07. Proceedings by Trustee 89 76 Section 6.08 6.08. Remedies Cumulative and Continuing 89 76 Section 6.09 6.09. Direction of Proceedings and ▇▇▇▇▇▇ Waiver of Defaults by Majority of Holders 90 76 Section 6.10 6.10. Notice of Defaults 90 77 Section 6.11 6.11. Undertaking to Pay Costs 91 ​ ​ ARTICLE 7 ​ CONCERNING THE TRUSTEE 91 ​ ​ ​ 77 Section 7.01 6.12. Cause Irrelevant 78 Section 7.01. Duties and Responsibilities of Trustee 91 78 Section 7.02 7.02. Reliance on Documents, Opinions, EtcEtc 80 Section 7.03. 93No Responsibility for Recitals, Etc 82 Section 7.04. Trustee, Paying Agents, Exchange Agents or Note Registrar May Own Notes 82 Section 7.05. Monies to Be Held in Trust 82

Payments of Notes on Default. Suit Therefor 86 37 Section 6.05 Application of Monies Collected by Trustee 87 38 Section 6.06 Proceedings by Holders 88 39 Section 6.07 Proceedings by Trustee 89 40 Section 6.08 Remedies Cumulative and Continuing 89 40 Section 6.09 Direction of Proceedings and ▇▇▇▇▇▇ Waiver of Defaults by Majority of Holders 90 41 Section 6.10 Notice of Defaults 90 41 Section 6.11 Undertaking to Pay Costs 91 ​ ​ 41 ARTICLE 7 ​ CONCERNING THE TRUSTEE 91 ​ ​ ​ 42 Section 7.01 Duties and Responsibilities of Trustee 91 42 Section 7.02 Reliance on Documents, Opinions, Etc. 93Etc 44 Section 7.03 No Responsibility for Recitals, Etc 45