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I ~3- f C~.~b~:~. Whenever moneys are to be applied pursuant to the provi- sions~of this Section, such moneys shall be applied at such times, and from-time to time, as Trustee shall determine, having due regard to the amount of such moneys available for application and the likelihood of additional moneys becoming available far such application in the future. Whenever Trustee shall apply such funds, it shall fix the date (which shall be an interest payment date unless it shall deem another date more suitable) upon which such application is to be made and upon such date interest on the amounts of princi- pal to be paid on such dates shall cease to accrue. Trustee shall give such notice as it may deem appropriate of the deposit with it of any such moneys and of the fixing of any such date, and shall not be required to make payment to the holder of any Bond until such Bond shall be presented to Trustee for appropriate endorsement or for cancellation if fully paid. Whenever the principal of and premium, if any, and interest on all Bonds has been paid under the provisions of this Section and all expenses and charges of Trustee have been paid, any balance remaining in the Bond E'und shall be paid to Company as provided in Section 5.11 hereof. Section 9.09. Remedies vested in Trustee. All rights of action (including the right to file proof of claims) under this Indenture or under any of the Bonds may be enforced by Trustee without the possession of any of the Bonds or the production thereof in-any trial or other proceeding relating thereto, and any such suit or proceeding instituted by Trus- tee shall be brought in its name as Trustee without the necessity of joining as plaintiffs or defendants any holders of the Bonds, and any recovery of judgment shall be for the equal and ratable benefit of the holders of the Outstanding Bonds. Section 9.10. Rights and Remedies of BoncLholders. No holder of any Bond shall have any right to institute any suit, action or proceeding at law er in equity for the enforcement of this Indenture or for the execution of any trust hereof ar for the appointment of a receiver or any other remedy hereunder, unless {i) a Default has occurred of which Trustee has been notified as provided ir_ Section 10.01(h) hereof, or of which by said subsection it is deemed to have notice, (ii) the holders of not less than twenty-five percent (25y) in aggregate principal amount of Outstanding Bonds shall have made written request to Trustee and shall have offered it reasonable opportunity either to proceed to exercise the powers hereinbefore granted or to institute such action, suit or proceeding in their own name or names and _3=_