AND ADDRESSES OF THE HOLDERS
OF DEBENTURES IN ACCORDANCE WITH THE PROVISIONS OF SUBSECTION (B) OF THIS
SECTION 4.2, REGARDLESS OF THE SOURCE FROM WHICH SUCH INFORMATION WAS DERIVED,
AND THAT THE TRUSTEE SHALL NOT BE HELD ACCOUNTABLE BY REASON OF MAILING ANY
MATERIAL PURSUANT TO A REQUEST MADE UNDER SAID SUBSECTION (B).
ARTICLE V.
REMEDIES OF THE TRUSTEE AND SECURITYHOLDERS
UPON AN EVENT OF DEFAULT
SECTION 5.1.
EVENTS OF DEFAULT.
"EVENT OF DEFAULT," WHEREVER USED
HEREIN, MEANS ANY ONE OF THE FOLLOWING EVENTS (WHATEVER THE REASON FOR SUCH
EVENT OF DEFAULT AND WHETHER IT SHALL BE VOLUNTARY OR INVOLUNTARY OR BE EFFECTED
BY OPERATION OF LAW OR PURSUANT TO ANY JUDGMENT, DECREE OR ORDER OF ANY COURT OR
ANY ORDER, RULE OR REGULATION OF ANY ADMINISTRATIVE OR GOVERNMENTAL BODY):
(A)
THE COMPANY DEFAULTS IN THE PAYMENT OF ANY INTEREST UPON ANY
DEBENTURE, INCLUDING ANY ADDITIONAL INTEREST IN RESPECT THEREOF, FOLLOWING THE
NONPAYMENT OF ANY SUCH INTEREST FOR TWENTY OR MORE CONSECUTIVE DISTRIBUTION
PERIODS; OR
(B)
THE COMPANY DEFAULTS IN THE PAYMENT OF ALL OR ANY PART OF THE
PRINCIPAL OF (OR PREMIUM, IF ANY, ON) ANY DEBENTURES AS AND WHEN THE SAME SHALL
BECOME DUE AND PAYABLE EITHER AT MATURITY, UPON REDEMPTION, BY DECLARATION OF
ACCELERATION OR OTHERWISE; OR
(C)
THE COMPANY DEFAULTS IN THE PERFORMANCE OF, OR BREACHES, ANY OF
ITS COVENANTS OR AGREEMENTS IN THIS INDENTURE OR IN THE TERMS OF THE DEBENTURES
ESTABLISHED AS CONTEMPLATED IN THIS INDENTURE (OTHER THAN A COVENANT OR
AGREEMENT A DEFAULT IN WHOSE PERFORMANCE OR WHOSE BREACH IS ELSEWHERE IN THIS
SECTION SPECIFICALLY DEALT WITH), AND CONTINUANCE OF SUCH DEFAULT OR BREACH FOR
A PERIOD OF 60 DAYS AFTER THERE HAS BEEN GIVEN, BY REGISTERED OR CERTIFIED MAIL,
TO THE COMPANY BY THE TRUSTEE OR TO THE COMPANY AND THE TRUSTEE BY THE HOLDERS
OF AT LEAST 25% IN AGGREGATE PRINCIPAL AMOUNT OF THE OUTSTANDING DEBENTURES, A
WRITTEN NOTICE SPECIFYING SUCH DEFAULT OR BREACH AND REQUIRING IT TO BE REMEDIED
AND STATING THAT SUCH NOTICE IS A "NOTICE OF DEFAULT" HEREUNDER; OR
(D)
A COURT OF COMPETENT JURISDICTION SHALL ENTER A DECREE OR ORDER
FOR RELIEF IN RESPECT OF THE COMPANY IN AN INVOLUNTARY CASE UNDER ANY APPLICABLE
BANKRUPTCY, INSOLVENCY, REORGANIZATION OR OTHER SIMILAR LAW NOW OR HEREAFTER IN
EFFECT, OR APPOINTING A RECEIVER, LIQUIDATOR, ASSIGNEE, CUSTODIAN, TRUSTEE,
SEQUESTRATOR (OR SIMILAR OFFICIAL) OF THE COMPANY OR FOR ANY SUBSTANTIAL PART OF
ITS PROPERTY, OR ORDERING THE WINDING-UP OR LIQUIDATION OF ITS AFFAIRS AND SUCH
DECREE OR ORDER SHALL REMAIN UNSTAYED AND IN EFFECT FOR A PERIOD OF
90 CONSECUTIVE DAYS; OR
(E)
THE COMPANY SHALL COMMENCE A VOLUNTARY CASE UNDER ANY APPLICABLE
BANKRUPTCY, INSOLVENCY, REORGANIZATION OR OTHER SIMILAR LAW NOW OR HEREAFTER IN
EFFECT, SHALL CONSENT TO THE ENTRY OF AN ORDER FOR RELIEF IN AN INVOLUNTARY CASE
UNDER ANY SUCH LAW, OR SHALL CONSENT TO THE APPOINTMENT OF OR TAKING POSSESSION
BY A RECEIVER, LIQUIDATOR, ASSIGNEE, TRUSTEE, CUSTODIAN, SEQUESTRATOR (OR OTHER
SIMILAR OFFICIAL) OF THE COMPANY OR OF ANY SUBSTANTIAL