Laserfiche WebLink
<br />~2--~ c~ ~ l .~. ~? <br />AR 'T.GL'r". iX. <br />Default Provisions and Re:sedies <br />of Trustee and Bond?;olders <br />Secton° 9fll-. If ar~y of the. fol.laxaing events occur, <br />subject to the grovisons of Section 91~ hereof,. it is <br />hereby: defined as and declared to be and to constitute an <br />''event of default °' . <br />(a) Default in the. dne and punctual pa}nrtent of any <br />interest an any bond hereby secured and outstanding <br />hereunder and tt*.e continuance thereon for a period <br />of fine (5) days after nailing of written notice <br />thereof by the Trustee to the Lessee; <br />(bj Default in the clue and punctual payrent of the <br />grineipal of any bond hereby secured and autstarding <br />hereunder, oanether at the stated naturity thereof, <br />or upo^ proeeedin;s for rede:^ptian thereof, or <br />aspan ti«e ::!2ttSrity ttYeTeaf bV L;eC~.-'.r~tian, a2:C ti'_e <br />co-t=.nuance thereof far a period of five (5) days <br />after ^ta=.lirg of written notice thereof by t'.:e <br />Tr~:stee to t^e Lessee; <br />(c) Defau'it in the due and punctual pay~::ent of any <br />.otaer moneys required to be paid to the Trustee <br />under the provisions of tirticle V hereof, and the <br />continuance thereof for a period of five (5) days <br />after :ailing of written notice thereof by the <br />Trustee to the Lessee; <br /><d} TJ;afault ir, the performa.,ce or observance of any <br />other of the covenants, a~reemetzts or canditian> on <br />the: part: of the. Issuer in this Indenture, or in the <br />bonds-cantai~ed, and the eantnuancc thexeaf for <br />a pe~iad of thirty (3Q) days after mailing of <br />written notice thereof to the Isuer by t'r:e 'rru:.`~:ee <br />or by the awne~-s of not. less than to^. per cent <br />(1~?l'? .. ~g:~ru~ate principzz? amount of ponds <br />c ~._. r ; .aere~nder; <br />1 <br />-~'- <br />