Common use of Arranger Insolvency Event Clause in Contracts

Arranger Insolvency Event. unless specified as not applicable, an Arranger Insolvency Event, the Issuer will give a Notice of Redemption and will redeem all of the Notes at their Mandatory Redemption Amount on the Mandatory Redemption Date, provided that, notwithstanding the specified Mandatory Redemption Settlement Method, a 100% Noteholder may deliver a Delivery Instruction Certificate subject to and in accordance with Base Condition 8.9 by no later than three Business Days following receipt of such Notice of Redemption, in which event the Issuer will redeem all of the Notes at their Physical Redemption Amount on the Mandatory Redemption Date;