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<br />34 <br />Section 8.4. Intervention by Trustee. In any judicial proceeding to which the <br />Issuer is a party and which in the reasonable judgment of the Trustee and its counsel has a <br />substantial bearing on the interests of holders of the Bonds, the Trustee may intervene on behalf <br />of Bondholders and, subject to the provisions of Section 8.1(1), shall do so if requested in writing <br />by the Requisite Bondholders. The rights and obligations of the Trustee under this Section are <br />subject to the approval of a court of competent jurisdiction. <br />Section 8.5. Successor Trustee. Any corporation or association into which the <br />Trustee may be converted or merged, or with which it may be consolidated, or to which it may sell <br />or transfer its corporate trust business and assets as a whole or substantially as a whole, or any <br />corporation or association resulting from any such conversion, sale, merger, consolidation or <br />transfer to which it is a party, ipso facto, shall be and become successor Trustee hereunder and <br />vested with all of the title to the whole property or trust estate and all the trusts, powers, discretions, <br />immunities, privileges and all other matters as was its predecessor, without the execution or filing <br />of any instrument or any further act, deed or conveyance on the part of any of the parties hereto, <br />anything herein to the contrary notwithstanding. <br />Section 8.6. Resignation by the Trustee. The Trustee and any successor Trustee <br />may at any time resign from the trusts hereby created by giving thirty days' written notice to the <br />Issuer and the Company and by registered or certified mail to each registered owner of Bonds then <br />outstanding and to each holder of Bonds as shown by the list of Bondholders required by this <br />Indenture to be kept at the office of the Trustee, and such resignation shall take effect at the end of <br />such thirty (30) days, or upon the earlier appointment of a successor Trustee by the Bondholders <br />or by the Issuer. Such notice to the Issuer and the Company may be served personally or sent by <br />registered or certified mail. <br />Section 8.7. Removal of the Trustee. The Trustee may be removed at any time <br />by an instrument or concurrent instruments in writing delivered to the Trustee and to the Issuer <br />and signed by all the Bondholders. <br />Section 8.8. Appointment of Successor Trustee by the Bondholders; Temporary <br />Trustee. In case the Trustee hereunder shall resign or be removed, or be dissolved, or shall be in <br />course of dissolution or liquidation, or otherwise become incapable of acting hereunder, or in case <br />it shall be taken under control of any public officer or officers, or of a receiver appointed by a <br />court, a successor may be appointed by the owners of a majority in aggregate principal amount of <br />Bonds then outstanding, by an instrument or concurrent instruments in writing signed by such <br />owners, or by their attorneys-in-fact, duly authorized; provided, nevertheless, that in case of such <br />vacancy, the Issuer, by an instrument executed by one of its duly authorized officers, may appoint <br />a temporary Trustee to fill such vacancy until a successor Trustee shall be appointed by the <br />Bondholders in the manner above provided; and any such temporary Trustee so appointed by the <br />Issuer shall immediately and without further act be superseded by the Trustee so appointed by such <br />Bondholders. Every such Trustee appointed pursuant to the provisions of this Section shall be a <br />trust company or Bank, having a reported capital and surplus of not less than Fifty Million Dollars <br />($50,000,000) if there be such an institution willing, qualified and able to accept the trust upon <br />reasonable or customary terms. <br />Section 8.9. Concerning Any Successor Trustees. Every successor Trustee <br />appointed hereunder shall execute, acknowledge and deliver to its predecessor and also to the <br />Issuer and the Company an instrument in writing accepting such appointment hereunder, and