Common use of INFORMATION AS TO THE ISSUER Clause in Contracts

INFORMATION AS TO THE ISSUER. The Issuer shall file with the Trustee and the Rating Agencies: (a) within 15 days after filing with the Commission, copies of the annual reports and of the information, documents and other reports (or copies of such portions of any of the foregoing as the Commission may by rules and regulations prescribe) which the Managing Member (as settlor of the Issuer) is required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act. (b) immediately upon becoming aware of the existence of any condition or event which constitutes a Default or an Indenture Event of Default, a written notice describing its nature and period of existence and what action the Issuer is taking or proposes to take with respect thereto; (c) promptly upon the Issuer's becoming aware of: (i) any proposed or pending investigation of it by any governmental authority or agency, or (ii) any pending or proposed court or administrative proceeding which involves or may involve the possibility, individually or in the aggregate, of materially and adversely affecting the properties, business, profits or condition (financial or otherwise) of the Issuer, a written notice specifying the nature of such investigation or proceeding and what action the Issuer is taking or proposes to take with respect thereto and evaluating its merits; and (d) with reasonable promptness, any other data and information which may be reasonably requested from time to time.

Appears in 4 contracts

Samples: Indenture (Dvi Receivables Corp Viii), Indenture (Dvi Receivables Corp Viii), Indenture (Dvi Receivables Corp Viii)

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INFORMATION AS TO THE ISSUER. The Issuer shall file with the Trustee and the Rating Agencies: (a) within 15 days after filing with the Commission, copies of the annual reports and of the information, documents and other reports (or copies of such portions of any of the foregoing as the Commission may by rules and regulations prescribe) which the Managing Member (as settlor of the Issuer) is required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act. (b) immediately upon becoming aware of the existence of any condition or event which constitutes a Default or an Indenture Event of Default, a written notice describing its nature and period of existence and what action the Issuer is taking or proposes to take with respect thereto; (c) promptly upon the Issuer's becoming aware of: (i) any proposed or pending investigation of it by any governmental authority or agency, oror 62 (ii) any pending or proposed court or administrative proceeding which involves or may involve the possibility, individually or in the aggregate, of materially and adversely affecting the properties, business, profits or condition (financial or otherwise) of the Issuer, a written notice specifying the nature of such investigation or proceeding and what action the Issuer is taking or proposes to take with respect thereto and evaluating its merits; and (d) with reasonable promptness, any other data and information which may be reasonably requested from time to time.

Appears in 1 contract

Samples: Indenture (Dvi Receivables Corp Viii)

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INFORMATION AS TO THE ISSUER. The Issuer shall file with the Trustee and the Rating Agencies: (a) within 15 days after filing with the Commission, copies of the annual reports and of the information, documents and other reports (or copies of such portions of any of the foregoing as the Commission may by rules and regulations prescribe) which the Managing Member Transferor (as settlor of the Issuer) is required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act. (b) immediately upon becoming aware of the existence of any condition or event which constitutes a Default or an Indenture Event of Default, a written notice describing its nature and period of existence and what action the Issuer is taking or proposes to take with respect thereto; (c) promptly upon the Issuer's becoming aware of: (i) any proposed or pending investigation of it by any governmental authority or agency, or (ii) any pending or proposed court or administrative proceeding which involves or may involve the possibility, individually or in the aggregate, of materially and adversely affecting the properties, business, profits or condition (financial or otherwise) of the Issuer, a written notice specifying the nature of such investigation or proceeding and what action the Issuer is taking or proposes to take with respect thereto and evaluating its merits; and (d) with reasonable promptness, any other data and information which may be reasonably requested from time to time.

Appears in 1 contract

Samples: Indenture (Dvi Receivables Corp Viii)

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