Loading...
HomeMy WebLinkAbout0059~~ 1 7~i ARTICLE slx BONDHOLDERS .. ST, lUClf COljNT1. FLA. Sec: 6.1 Notwithstanding any other provision hereof the right of any Bondholder to receive payment of the principal of and interest on his Bond on or after the respective Maturities thereof or to institute suit therefor shall not be impaired or affected without the consent of said Bondholder except : (1) as provided in Section 6.2 hereof ; and (2) if and to the extent that the institution or prosecution of such suit or an entry of judgment therein would, under applicable law, result in the surrender, impairment, waiver or loss of the lien hereof upon any of the Mortgaged Properties. Sec. 6.2 This Indenture may be amended by one or more Supplemen- tal Indentures and the rights and obligations of The Company or of the holders of the Bonds and Coupons modified or altered with the consent of the Company and of the holders of ?6% or more in principal amount of the Bonds then Outstanding, or, if any such amendment, modification or alteration shall affect the rights of the holders of one or more, but leas than all, of the Series of Bonds then Outstanding, with the consent of the holders of 75r'o or more in principal amount of the Bonds of each series so affected; provided, however, that no such amendment, modification or alteration which would (1) extend the Maturity of any Bond for a period of longer than 20 years, or (2) reduce the percentage in principal amount of the Bonds required, as set forth above, to authorize ai:y such amend- ment, modification or alteration, may be made without the consen± of the holder of every Bond affected thereby. Sec. 6.3 At any time during the continuance of any Default, it shall be the duty of the Trustee, upon the request of the holders of 26% in principal amount of the Outstanding Bonds, to take such steps and exercise such remedies for the protection or enforcement of the rights of the Bond- holders as the Trustee, with advice of counsel, shall deem most expedient; but the holders of 66 2/3% in principal amount of the Outstanding Bonds shall have the right to direct and control the action of the Trustee in any proceedings under Article Five hereof, insofar as the Trustee is permitted or qualified to perform same. Sec. 6.4 If more than one series of Bonds be Outstanding, and a pflyment Default be made in *eape^t of the Bend_4 !-f any but not a>Z of such serves, K~hatever action may or shall be taken upon such Default hereunder by or upon the request of the holders of a specified percentage of all Bonds Outstanding, may be or shall be taken, in respect of the Bonds of the aeries as to which such Default shall have been made, by or upon the request of the holders of such specified percentage of the Outstanding Bonds of such last named series. RIEit b SN Anu/s~at of iNartan CsUatlm RilYb M d~NiiNIKs Rl~ts N Sec. 6.b Any action, election, selection, transfer, demand, request, ErNMCa M notice, vote, consent or instrument authorized hereunder to be taken, made RaNrN/ars~ or given by any or all Bondheldera, may be evidences by (a) any number ActNs of concurrent writings of similar tenor, signed or ezecuted by such Bond- holdArs in person or by agent duly authorized in writing; (b) by the ~. _ ~.-:-.