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Set:t~ 14.09
298
Jlr9!>l,yty or re-tiuction of daim which would haYl~ ginm WHl to tilt'
obliglUioll to ft~'OOunt. if tIlt! Tt'tll)tMl bad oonU1iUOO AI 1.h0 Trui!i.oo.
(IOm}rt~-d dtar the t;..:'ginlling of nu{:h tour montla' periOtJ and within
fotu'month.. ~!t{'r IHlch reKignation Qr f('roovaL
(c) JJ~lif4~:.{~ of c:tdGi.. t,r-ffU. AI!. u~~d in thi~ ~ 14.09 tiw term
.. rlefo"Jt" Ille~n~ IWY failure to malw paymeot ill fuii or pnnripal or
iflt~H'l!8t. W!tN; And ~!l the. U.!IIO i:<0Ol.)1Il~l:l duo !uul p&Ytlibl~, und~r .Hi}'
ifl.tjt\r;li.H'~> whioh ha-R bt't'fi '-iuii!ifl~l unJ~r th@ Act aud \.inder which
Hi;) Truah;.e l!\ tfUiltt.';~ and thn Company 11\ obligor.
Ali lI!H;j III tbh ~ lJ09 the term "i!'tdt:1df;jf<~ ucwrity ho/dU3"
IDNHlit aU boider~ Qf ~\lritietl out.lftandiuK undor tlll)' !!-ueh indeniure
und~r which any def~uH eXleu.
In lh\' tJ\'{'ni thl\~ any penon ahAll at any tim~ t..)iJWe an obligor
UIHni any I)f th{l ind4!ntun~ ~{;llriti~~l ~) lonK IUS 8ueh J.lo(tfSOl1 ~hi\i1
NntimH\ to 11(> BUdl obligo~, lha pNviAioile of thi* 1 HJ)i, in MidHion
to bdng I\ppli\'sill(! io Hu; 'rtUst(;~ ~l1d tho Gomp.tr.ny. ah&ll bt? Applicable
to the '1'rilitt~ and 3udl ohiigQr with tho tta.l1H~ d!'1'Ct M if the llame of
eu<'h obEgor Wlid !Hibstltui('{l lor that or t.ho ComplulY in this ~ H.O!}.
(I) Tn13tu flot f'iqt$ind h fU:oCOif,u if C1't:'ditor t't/.atiOi'i-8hip ariu,
if{ entail! (in\Orn,HfH!a~. Th~ Truitee ,,/tan noi he r~VJire\l it) !\.<XXH:mt,
tl!l IJfO\'lde.i ili ihili 1 U.OfJ. if HI,' cre;-jitor relationship IlriIWe from:
{i) !hn ownlJfJoihip or n;;.qtlil!iition of lH'}CUritlM iR~UM ufHi~r
fill)' indeHtur,' or having' Ii m~turity of 0"", ye!\f (n' mor~ at Uil.'
tim" ot n("-qlJi;i!ti~Hl by Hi(' Trmt"6;
(ii) ~dVnnCh! tiUtllOflt"'1:! h)' {\ re{-.<('ivi2nhip or hanhupt{,)' oou_d
{}f tompnt'llt jnrl(o!diction. or by the tf~rm" and proviak,n3 (it thijj
Indl'l!ttlfl' (or tlll' pllrp')~) of prei<)ninK the P;01-~fty titihj~d to
thr. lil}n hHt,;f or o( di~H'h"q.{inK tax lIell!! Of other prior Bella or
f'n~ufHiH';HH'f'8 Of} th& tru~t elitt!te, if notk~ of any ~uch adVtHiCH
1\lld of the t';f(,ufH!dt\n('('~ iHlrronndiilK the m&1tinK ther>oof ia f{iVHl
to thi' i!Hlt'nt'lY(' l<':'(;lll'jt~ f;-.;ldl.'ff>. ~t HHS thntt l\nd in tht 'HHlHilOr
p. ovidi'd in thl~ lndi>nh;r~; .
(iii) dildj,Hli~'r1HHlt!l rn.sdc in th{J Gr-dlnarj Of.m:fliO of bUtline"
in itl; Nlphf'Hy i)f ttU!!tf:~ tHHL:H' an- indenf.ure, h'.n~r:.lr ~ent,
n:'!{l'ilrar, ;:-u~t(J.d;,,!;. payinf.( flJ(f\nt. fig.,,-;al I!K~nt or dap(}~H~ry, or
OHH'f !imi1ar (;$!paeHy; -