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80005053
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Last modified
1/13/2010 10:33:39 PM
Creation date
1/13/2010 10:32:05 PM
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DEEDS
Inst Number
80005053
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$0-- *~~5Q53 <br />~~ <br />part, to gire the provisions of this suttparagraph {3) due consideration in <br />• determining t.he-fairness of the distribution t,o be made to sneh Trustee <br />and Lhe bondholders artd the holders of other indenture securities with re- <br />spt~t to their respective c;launs, in which event it shall not be necessai••y- <br />to liquidate or to appraise the valve of any securities or other property <br />held in such e,pecial account. or as secut•~,ty for any such claim, or to make <br />a specific atlacation of such distributions atc bettween the secured and un- <br />sectzred portions of such claims, or otherwise to apply the provisions.af <br />, this ls<:ragraph as a mathematical formula.. <br />t4) Anv Trustee which hzt<c resigned or been removed after the begin- <br />ning of such four months' period shalt ba ,object. to the provisions of this <br />paragraph (al zzs t.haugh such resignation or removal ttad not occurred. <br />If any Trustee has resigneri ar been removed prior t.o the beginning of <br />such four months' period, it. ,hall be sabjeet to the provisions of this <br />paragraph fa} if snd only if the following conditions exist.: <br />{1) the receipt of pro}x>rtc or redur•tior. of ciaizn, which wauld <br />Zia.°e ~iweu ruse W the obligation u~ accoant, if aurh T rusteP had r•on- <br />tinued ~ Trusiex, cxrc•urred aftee the beginning oC such Sour months' <br />Aerial; and <br />{2? such rcc~t~ipt cri property- nr reduction of claim occurred within <br />four months after sttr~h resi>;natian ur removal. <br />{b} Them shalt be Hxc•lErderi from rite- operation of paragraph f a} of this <br />Seetian 27_tl3 a creditor relatirtnsltip arising from <br />(I) the ownership or acquisitiot: of secwit.ies i.~aued under :in} in- <br />denture, or art- st~urity or securitiFS having a maturity cf one year <br />ar mare at the Limo ol• acquisition by such Tntstxe: <br />i`2l atdvtinces authorized b}• a reeeiveeship ar bankruptc•}• cutlet a# <br />competent jurisdiction. ttc by this Indenture. foe the purpose of pre- <br />sPrcing any property which shall at ally time be subjcc•t tea tltr Belt <br />of this Indenture or of discehar-ping tax Liens nr of-her prior liezv5 r~r <br />etteurrtbrances tltnt•con, if notice of tzett adw <utt~s anc} of t he c treum- <br />stvnc~es surremnding the making thereof is given to the bazx3h<>lders <br />at the time and in tha rnanrter provided in ~evtion l;.Oti hereof; <br />{3} disbursemen&s made iu the ordinary c~c;urea> of busing in the <br />r~ptacitn= ref tru-cir~ under an indnnttrrr, trztnsfs * age=tr, registrar. cua- <br />tudian, paying atgent, Szt~a.l agent or rlepo.4itart. ur ather sirztilac <br />capacitti: <br /> {.,, <br /> <br /> <br />
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