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<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Bondholder, or group of Bondholders, holding at least tw~nty-five percent <br />(25%) in principal am.ount of the Bonds Outstanding, or t.o any suit instituted <br />by any Bondholder f.or the enforcement of the payment of the principal or <br />Redemption Price of or interest on any Bond on or after the respective due <br />date thereof expressed in such B.ond. <br /> <br />1208. Possession of Bonds by Trustee Not Required. All rights of <br />action under this Resolution or under any of the Bonds, enf.orceable by the <br />Trustee, may be enf.orced by it without the possession of any of the Bonds or <br />the coupons appertaining thereto or the pr.oduction thereof on the trial .or <br />other proceeding relative thereto, and any such suit, action or pr.oceeding <br />instituted by the Trustee shall be brought in its name and for the benefit of <br />all of the Holders of such Bonds and coupons, subject to the pr.ovisi.ons of <br />this Resoluti.on. <br /> <br />1209. Remedies Not Exclusive. No remedy herein conferred upon or <br />reserved to the Trustee or to the Holders of the Bonds is intended to be <br />exclusive of any other remedy or remedies, and each and every such remedy <br />shall be cumulative and shall be in additi.on to any other remedy given <br />hereunder or n.ow or hereafter existing at law or in equity or by statute. <br /> <br />1210. No Waiver of Default. No delay or omission of the Trustee or of <br />any Holder of the B.onds to exercise any right or power accruing up.on any <br />default shall impair any such right or power or shall be construed to be a <br />waiver of any such default or an acquiescence therein and every power and <br />remedy given by this Resolution to the Trustee and the Holders of the Bonds, <br />respectively, may be exercised from time to time and as often as may be deemed <br />expedient. <br /> <br />1211. Notice of Event of Default. The Trustee shall give to the <br />Bondholders notice of each Event of Default hereunder known to the Trustee <br />within ninety (90) days after knowledge of the .occurrence thereof, unless such <br />Event of Default shall have been remedied or cured before the giving of such <br />notice; provided that, except in the case of default in the payment of the <br />Redemption Price or interest on any of the Bonds, the Trustee shall be <br />protected in withholding such notice if and so long as the board of directors, <br />the executive coomittee, or a trust coomittee of directors or responsible <br />officers of the Trustee in good faith determines that the withholding of such <br />notice is in the interests of the Bondholders. Each such notice of Event of <br />Default shall be given by the Trustee by mailing written notice thereof: (1) <br />to all registered Holders of Bonds, as the names and addresses of such Holders <br />appear on the books of registration and transfer of Bonds as kept by the <br />Trustee; and (2) to such Bondholders as have filed their names and addresses <br />with the Trustee for that purpose. <br /> <br />60 <br />