Loading...
HomeMy WebLinkAbout2901 _ -.4, . 16 - ~ x~~ ~ c~ ~a o~ ~ o~ ~ c~?~y ~ ~«~c~ ~t ~ ~ti m~~ a ~t~saoo s6an, wi~ut tbe oa~ent af the bo~der af any bona iaauea heraun~r affected t6ereby. (1) imPair a~ affect the right of such holder tu raxiv~e paymtnt a[ the PrinciPal o~ (ancl preminm, if anY) and int~at on s~~ch bond, on or aftier the respective dne dates expres~d in such bond, ac to inatitute suit for the eaforoement ~ any such paymcnt on or a~er such respectiv~e dates. ar (2) permit the cx+eatio~ of any : ~~8 P~ to, or ~ a parity witti, the L.ien of this Indenture with r~px~ to any o~ the Mortgaged and Pbd~od Pmperty, or (3) pernnit the deprivation of any nana~a~eating boadholder of s lien upon th~ _ Mortgaged and Pledged Praperty for the aecurity of hia bonda (subject only to the lien of taxes, a~nents or $o~rernmental c~harges not t6en . delinquent and to anY ~8a8~ ~~8 wo~ such . property which ara grior h~ereto at the date of the calling of auy . such boodholdeis' meain8), or (4) parmit tbe rodt~tion of the per- o~atage roquind by tl~e provisions of ttus Sa~ion f~ thc taking of - - any action under this Section with respax to any bond Outstanding hereunder. For all purpoaes uf thi~4 Artick, tha Tn~stees, aubja;t to - the pro~visions of Sections 88 and 89 hei+eo[, shall be entitled to rely upon an Opinion of Counsel with reapect to tbe e~ctent, if any, az to which any action tal~en at such meeting affects tLe rights under this ~ Indencnre or w~der any in~cure aupplemental he~o ~ of any holaers of b~da then Ou~nding hereundei: ~ ~ r . "Faccept for the purpose of waiving any past Default, as deSned ~ - in Section 65 hereof, of the Company and the coa~oquencxs thereof, k in which event the provisions vf Section 71 hereo~f shall be appHcable, r bonds ownod and/ar held by and/or fa acoonnt of and/or for tbe ~ benefrt -or interest of the Canpany, or any oorporation of which the t Company shall own twenty-five per centum (2S9b ) or more of the t: ~ outstanding voting stoclc, sbaU not be damcd Outstanding for the pur- po~e of any v~ote or of any cakulatian of bonds Ontatanding in this A~rticle XIX provided for, eaapt that, snbject to the proviaions of ~ Sectioaa 88 and 89 hei+eof, for the purpose af deterndining whether the 'I'rustas, or either of the~, shaU be protectcd in retying on atry such ; vote or cakulation, onty bonda which the Trustas, or eitLer of them, # l~now are so awned and/or lxld, shall be eacluded. ~ ~ ~ ~ ~ ~ ¢ ~ ~ ~ a~185 ~~4 . . _ _ _y _ _ , - . t.~~-a. -~~--v- - =~~ia3 ~~:,k~•.L~.l..a~ . --:~1.~~#i•~i'Y . . _ _ _