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83- ~~GI6~ Section 9.04. Ether Remedies; Rights o£ Bondholders. Upon the.oc~urrence'o£ an Event of Default, Trustee may puzsue any available remedy by suit at law or in equity to enforce.-the payment of the principal of and premium, if any, and `interest on the Outstanding Bonds. If. an Event of Default shall have occurred and be con- : tinuing and if requested so to do by the holders of not less than twenty-five percent {25%) in aggregate principal amount of-Outstanding Bonds and indemnified as provided in Section 10:01(1) hereof, Trustee shall be obligated to exercise such one or more of the rights and powers conferred by this Sec- tion 9.04-and by Sections 9.02 and 9.03 hereof, as Trustee, being advised by counsel, shall deem mast expedient in the iaterests of the Bondholders. No remedy by the terms of this Indenture conferred -upon or reserved to Trustee {or to the Bondholders} is intended to be exclusive of any other remedy, but each and every such remedy shall be cumulative and shall be in addition to any other remedy given to Trustee or to the Bondholders hereunder or now or hereafter existing at law or in equity. No delay or omission tc exercise any right or power accruing upon any Event of Default shall impair any such right or power or shall be construed to be a waiver of any such-Event of Default or acquiescence therein; such right or power maybe exercised from time to time as often as may be deemed expedient. No waiver of any Event of Default hereunder, whether by Trustee or by the Bondholders, shall extend to or shall affect any subsequent Event of Default or shall impair any rights or remedies consequent thereon. Section 9.05. Right of Bondholders to Direct Proceed- ings. Anything in this Indenture to the contrary notwith- standing, the holders of a majarity in aggregate principal amount of the Outstanding Bonds shall have the right, at any time, by an instrument or instruments in writing executed and delivered to Trustee, to direct the method and place of conducting all proceedings to be taken in connection with the enforcement of the terms and conditions of this Indenture, or for the appointment of a receiver or any other proceedings hereunder, provided that such direction shall not be other- wise than in accordance with the provisions of law and of this Indenture. Section 9.06. Appointment of Receivers. Upon the occurrence of an Event of Default, and upon the filing of a -31-