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s <br />to have occurred unless the Credit Facility Provider gives written notice to <br />the Trustee of the occurrence of such Event of Default. <br />Acceleration of Maturity (Section 7.02) <br />Upon the happening and continuance of any Event of Default under the <br />Indenture the Trustee mny, and upon the written request of the Holders of not <br />less than 20: of the Bonds shall, by a notice in writing to the Issuer, NHC <br />and the Company, declare the principal of all of the Outstanding Bonds to be <br />due and payable. Upon the giving of notice of such declaration, (i) such <br />principal and interest shall become and be immediately due and payable, <br />anything in the Bonds or in the Indenture to the contrary notwithstanding and <br />(ii) if a Credit Facility is then in effect, the Trustee (or the Registrar and <br />Paying Agent, as its agent) shall immediately draw a draft or take such other <br />steps as are necessary to realize funds under the Credit Facility in <br />accordance with the provisions of the Indenture. Notwithstanding the <br />foregoing provisions of this paragraph, if a Credit Facility is in,effect and <br />any Event of Default is not the result of a wrongful failure on the part of <br />the Credit Facility Provider to honor a demand for funds under the Credit <br />Facility, the Trustee shall not declare the principal of all Outstanding Bonds <br />to be due and payable except on a date on which the Trustee (or the Registrar <br />and Paying Agent, as its agent) has sufficient time, as indicated in the <br />Credit Facility, to draw a draft or take such other steps as are necessary to <br />realize funds under the Credit Facility in accordance with the Indenture. <br />At any time after the principal of the Bonds shall have been so <br />declared to be due and payable, and before the entry of final judgment or <br />decree in any suit, action or proceeding instituted on account of such <br />default, or before the completion of the enforcement of any other remedy under <br />the Indenture, the Trustee, by written notice to the Issuer, NHC and the <br />Company, may annul such declaration and its consequences if: (a) moneys shall <br />have accumulated in the Debt Service Fund sufficient to pay all arrears of <br />interest, if any, upon all of the Outstanding Bonds (except the interest <br />accrued on such Bonds since the last Interest Payment Date) and the principal <br />of all matured Bonds (except the principal of any Bonds due solely as a result <br />of such declaration); (ii) moneys shall have accumulated and be available <br />sufficient to pay the charges, compensation, expenses, disbursements, advances <br />and liabilities of the Trustee; and (iii) every other default known to the <br />Trustee in the observance or performance of any covenant, condition or <br />agreement contained in the Bonds or in the Indenture (other than a default in <br />the payment of the principal of such Bonds then due solely as a result of such <br />declaration) shall have been remedied to the satisfaction of the Trustee; <br />provided, however, that such declaration may be annulled (A) only with the <br />written consent of the Holders of not less than 20% of the Bonds if such <br />declaration has been made up the written request of the Holders 'of not less <br />than 20% of the Bonds, and (B) only with the written consent of the Credit <br />Facility Provider so long as the Credit Facility Provider shall not have <br />wrongfully failed to honor any demand for funds under the Credit Facility; and <br />provided further that such declaration may not be annulled if amounts <br />sufficient to pay the principal of and accrued interest on the Outstanding <br />-31- <br />