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Section 7.06 ._Pd~ht of Trustee to Act Without Possession of Bonds. All rights of action <br />(including the right to file proof of claim) under this Indenture, the Lease, or under any of the <br />Bonds, may be enforced by the Trustee without the possession of any oft. he Bonds or the <br />production thereof in any trial or other proceeding relating thereto, . and any such suit or <br />proceeding instituted by the Trustee shall be brought in its name as Trustee, without the necessity <br />of joining as plaintiffs or defendants any Holders of the Bonds hereby secured, and any recovery <br />of judgment shall be for the equal benefit of the Holders of the Outstanding Bonds, subject to the <br />provisions of Section 6.02 with respect to extended Bonds and claims for interest. <br /> <br /> Section 7.07 <br />amount of the Bonds <br />Event of Default, <br /> <br />COntrol by Bondholders. The Holders of a majority in aggregate principal <br />at the time Outstanding shall have the right, during the continuance of an <br /> <br /> A. to require the Trustee to proceed to enforce this Index_ ture or any <br />Collateral Document, either by judicial proceedings for the enforcement of the paYment <br />of the Bonds or the foreclosure of this Indenture or the enforcement of any other remedy; <br />and <br /> <br /> B. to direct the time, method and place of conducting any proceeding for any <br />remedy available to the Trustee, or exercising any trust or power conferred upon the <br />Trustee hereunder, or under any Collateral Document; provided that <br /> <br /> (1) such direction shall not be in conflict with any rule of law or with <br />this Indenture, <br /> <br /> (2) the Trustee shall not determine that the action so directed would be <br />unjustly prejudicial to the Holders not taking part in such direction, <br /> <br /> (3) the Trustee may take any other action deemed proper by the <br />Trustee which is not inconsistent with such direction, and <br /> <br />108 <br /> <br /> (4) the Trustee' shall be indemnified as provided in Section 8.06. <br /> <br /> Section 7.08 Limitation on Suits by Bondholders. No HOlder of any Bond shall have any <br />right to institute any suit, action or proceedin~ in equity or at law for the enforcement of this <br />Indenture or for the execution of any trust hereof or for any other remedy hereunder, unless a <br />Default has occurred of which the Trustee has been notified or of which it is deemed to have <br />notice; nor tm/ess also such Default shall have become an Event of Default and the Holders of <br />not less than a majority in aggregate principal amount of Bonds Outstanding hereunder shall <br />have made written request to the Trustee and shalI have offered it reasonable opportunity either <br />to proceed to exercise the powers hereinbefore granted or to institute such action, suit or <br />proceeding Ln its own name; nor un/ess also they shall have offered to the Trustee indenmity as <br />provided hereinafter; and such notification, request and offer of indermaity are hereby declared in <br />every such case at the option of the Trustee to be conditions precedent to the execution of the <br />powers and trusts of this Indenture, and to any action or cause of action for enforcement or for <br />any other remedy hereunder; it being understood and intended that no one or more Holders of the <br />Bonds shall have any fight in any manner whatsoever to affect, disturb, or prejudice the lien of <br />this Indent'are by the Holder's action or to enforce any right hereunder except in the manner <br /> <br />1763903 v I 3 8 <br /> <br /> <br />