Common use of Events of Default and Remedies; Reports of Indenture Trustee; Reports to Issuing Entity Clause in Contracts

Events of Default and Remedies; Reports of Indenture Trustee; Reports to Issuing Entity. (a) The Collateral Agent shall promptly give notice to the Indenture Trustee and the Issuing Entity upon the occurrence of any of the Events of Default set forth in Section 6.01 of the Indenture of which it has knowledge, including any “Notice of Default” pursuant to subsection 6.01(c) of the Indenture (unless it has received notice of any such Event of Default by the Indenture Trustee). (b) The Collateral Agent agrees to perform its obligations and, in its discretion, exercise the rights of, and pursue remedies on behalf of, the Secured Parties pursuant to Article VI of the Indenture. (c) The Collateral Agent agrees to provide in a timely fashion to the Indenture Trustee the information applicable to the Collateral Agent and the Collateral required to be included in the reports of the Indenture Trustee pursuant to the Indenture or any Indenture Supplement, including pursuant to Sections 8.03 and 8.06 of the Indenture. (d) The Collateral Agent shall report to the Issuing Entity or the Indenture Trustee, as applicable, with respect to the amounts on deposit in each of the Bank Accounts, and the identity of the investments included therein and the amount of earnings thereon, as the Issuing Entity or the Indenture Trustee reasonably may request from time to time.

Events of Default and Remedies; Reports of Indenture Trustee; Reports to Issuing Entity. (a) The Collateral Agent shall promptly give notice to the Indenture Trustee and the Issuing Entity upon the occurrence of any of the Events of Default set forth in Section 6.01 of the Indenture of which it has knowledge, including any “Notice of Default” pursuant to subsection 6.01(c6.10(c) of the Indenture (unless it has received notice of any such Event of Default by the Indenture Trustee). (b) The Collateral Agent agrees to perform its obligations and, in its discretion, exercise the rights of, and pursue remedies on behalf of, the Secured Parties pursuant to Article VI of the Indenture. (c) The Collateral Agent agrees to provide in a timely fashion to the Indenture Trustee the information applicable to the Collateral Agent and the Collateral required to be included in the reports of the Indenture Trustee pursuant to the Indenture or any Indenture Supplement, including pursuant to Sections 8.03 and 8.06 of the Indenture. (d) The Collateral Agent shall report to the Issuing Entity or the Indenture Trustee, as applicable, with respect to the amounts on deposit in each of the Bank Accounts, and the identity of the investments included therein and the amount of earnings thereon, as the Issuing Entity or the Indenture Trustee reasonably may request from time to time.