,
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<br /> ��'U07210
<br /> � (b ; Any default in the payment when due of the interest
<br /> on any such bonds , , �
<br /> ' + �.
<br /> sha1Z not be required to take notice , be deemed to have know- �, : , +�
<br /> ��a= �, �
<br /> ledge of a default or be required to take action in regazd �"` ` '` ��
<br /> ' �n�; ,
<br /> � . �� ;
<br /> �; to such default . unless the Trustee shall have been specifically � <' f:
<br /> F ': � ::u
<br /> 3`rc
<br /> notified in writing of such default by the owners oz not less 4 `�; �
<br /> � � ��:
<br /> e ; , ,;
<br /> than ten percent ( 10'/e ) in principal amount of the bonds then ��'q� ` " W"
<br /> �,'
<br /> outstanding , as provided in Section 901 ( d ) of this Indenture . `' '
<br /> �'j��
<br /> No delay or omission of the Trustee or of any owner of any ;r �;s
<br /> �
<br /> bond to exercise any right or power accruing upon any default M'•`
<br /> P �
<br /> shall impair any such right or power or shall be construed to ��Y''
<br /> ��� , ��:
<br /> be a waiver of any such default , or acquiescence therein ; and �' K ;
<br /> every right , power and remedy given by this Indenture to the � � ``
<br /> �
<br /> Trustee or to the owners of the bonds may be exercised from � �.;
<br /> t4`
<br /> `� 12� 'F
<br /> time to time and as often as �ay be deemed expedient by the *� '
<br /> ,.,;
<br /> r �
<br /> Trustee or , in any appropriate case , by the oumers os the �` �a '.;'
<br /> , " � ; ; .�;
<br /> 4 -
<br /> bonds , x>; � �
<br /> � , � .
<br /> k 4i
<br /> Section 913 . Anything herein to the contrary notwith - � � `
<br /> M ,�.
<br /> standing , no default under subparagraphs ( d ) , ( e ) , ( f ) or "� rv�`
<br /> „�� �
<br /> �`:' � �,
<br /> ( g) of Section 901 shall constitute an event of default until � ,F� ..
<br /> , ,> ��,`,f
<br /> actual notice of such default by registered or certified °
<br /> , ,.
<br /> ,�,„
<br /> � ,x°
<br /> mail shall be given by the Trustee to the Lessee and the s',` n"
<br /> Lessee shall have had sixty < 60 ) days after receipt of such G �.
<br /> notice to correct said default or cause said default to be ���, r`
<br /> < ,
<br /> corrected , and shall not have corrected said default or caused
<br /> said default to be corrected withia said sixty ( 60 ) days ;
<br /> provided , however , that if the default is not reasonably
<br /> capable of being remedied in such sixty ( 60 ) day period , the
<br /> same shall not constitute an event of default if Lessee
<br /> initiates and in good faith continues to pursue all steps
<br /> necessary to remedy such default until the same is remedied .
<br /> With regard to any alleged detault concerning which
<br /> " notice is given to the Lessee under the provisions of this
<br /> , `
<br /> Section 913 , the Issuer hereby grants the Lessee fu11 authority " �""'
<br /> for account of the Issuer to perform any covenant or obli. gation :�
<br /> w
<br /> of the Issuer , with full power to do any and all things and Y
<br /> �, acLs to �he same exttnt that the Zssuer could do and perform � �
<br /> �� - .�w � �
<br /> 56
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