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~~ - 83-- ~ ~-. Bonds ixnless prior to such waiver or rescission, all arrears of principal and interest (other than principal of or inter- est on the Bonds which become due and payable by declaration of acceleration}, bath, to the extent permitted by law, with interest at the-Late Payment Rate on overdue installments, and-all expenses of Trustee in connection with such Default shall have been paid or provided for. In case of any such waiver or rescission, or in case any proceeding taken by trustee on account of any such Default shall have been dis- continued or abandoned or determined adversely, then and in every such case Issuer, Trustee and the Bondholders shall be restored to their former positions and rights hereunder, respectively, but no such waiver or rescission shall extend to any subsequent or other Default, or impair any right consequent thereon. Section 9.13. Notice of Defaults tinder Section 9.01(c}- Opportunity of Issuer and Company to Cure Such Defaults. Anything herein to the contrary notwithstanding, no Default under Section 9.01(c) hereof shall constitute an Event of Default until actual notice of such Default by registered or certified mail shall be given to Issuer and Company by Trus- tee or by the holders of not less than twenty-five percent (25%} in aggregate principal amount of all Outstanding Bonds, and Issuer and Company shall have had thirty (3C) days after receipt of such notice to correct said Default or cause said Default to be corrected, and shall not have corrected said Default or caused said Default to be corrected within the applicable period; provided, however, if said Default be such that it cannot be corrected within the applicable period, it shall not constitute an Event of Default if corrective action is instituted by Issuer or Company within the applicable period and diligently pursued until the Default is corrected. With regard to any Default concerning which notice is given to Issuer and Company under the provisions of this Section, Issuer hereby grants Campany full authority for account of Issuer to perform any covenant or obligation alleged in said notice to constitute a Default, in the name and stead of Issuer with full power to do any and all things and acts to the same extent that Issuer could do and perform any such things and acts and with power of substitution. ARTICLE X TRUSTEE Section 10.01. Acceptance of Trusts. Trustee hereby accepts the trusts imposed upon it by this Indenture, and -36-