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so-c;a~o~~ <br />If3 <br />{F) such Trustee is the beneficial owner of, or }xolds as collateral <br />security for an obligation which is in default (as hereinafter in this <br />Section-17.02 defined), (i) 5% or more of Lhe voting securities, ar 10% <br />or more of any other class of security, of the Company not including <br />Bands issued under this Indenture and securities issued under any <br />other indenture under which such Trustee is slso trustee, or (ii) 10% <br />or more of any class of security of an underwriter for the Campany; <br />(G) such Trustee is Lhe beneficia} owner of, or holds as collateral <br />security for an obligation which is in default (as hereinafter in this <br />Section 17.0'2 defined), 5`70 or more of the voting securities of any per- <br />son who, to the knowledge of such Trustee, orans 10%r or more of the <br />voting securities af, or controls directly or indirectly ar is under di- <br />rect or indireet crommon control with, the Company; <br />(H) suclx Trustee is the beneficial awner of, or hods as collateral <br />security for an obligation which is in default (as hereinafter in this <br />Section 17.0'2 defined), t{l% or more of sny class of sec~srity of any <br />persan who, to Lhe knowledge of such Trustee, owns 50% or more of <br />.he voting securities of the Company; or <br />{Ij such Trustee owns, on ~Iay 15 in any calendar pear, in the <br />capacity of executor, administrator, testamentary ar inter rivos trus- <br />tee, guardian, committee or conservator, or in any other simi}ar <br />capacity, an aggregate of 25`.•~ or more of the voting securities, or of <br />any class of security, of any persan, the beneftcial ownership of a <br />specii°ted percentage of which would ha~-N constituted a conflicting in- <br />terest under clauses (F,I. tGl ar (H) of this subparagraph (1). :~s to <br />any° such securities of which such 'trustee acquired ownership <br />through becoming dxecutor, administrator or testamentary trustee of <br />an estate which included thenx, the provisions of the preceding sen- <br />tences .hail net apply, for a period of two years from the date of such <br />sequisfition, m the extent that such securities included in sttch estate <br />do nat exceed 25% of snch toting securities ar `25% of any such glass <br />of security. Promptly after liav 15 in each calendar year, each <br />Trusttr sha11 make a c'~eck of its holdings of such securities in any <br />of the above-mentioned capacities as of such ~4av 15. If the ~'om- <br />pany fails to rnske payment. in fuU of the principal of, or tine <br />premium., if artp~, or interest an, any of the Bands when and as the <br />same becamw due and payable, and such failure continues for 3U <br />days thereafter, each Trustee shall make a prompt check of its lmld- <br />ings of such securities in any of Lhe above..-mentioned cspseities as of <br />the date of the. expiration of suelx 30-clay periml. and a_ftPr such data, <br />rntx~itlxstanding the foregoing proi~isions of this clause (Ij, all such <br />zecurities sa held by either Trust, with sale ar joint cantrci aver <br />such. securities vested in it, shall, but: aniy so iorxg as such failure <br />I.,J <br />Lam. <br />i,...~ <br />