Common use of Information to Be Provided by the Owner Trustee Clause in Contracts

Information to Be Provided by the Owner Trustee. (a) For so long as the Depositor is required to report under Regulation AB, the Owner Trustee shall, as promptly as practicable, notify the Depositor, in writing, of (i) the commencement of, a material development in or, if applicable, the termination of, any and all Proceedings against the Owner Trustee or any and all Proceedings of which any property of the Owner Trustee is the subject, that is material to the Noteholders and (ii) any such Proceedings known to be contemplated by Governmental Authorities. The Owner Trustee shall also notify the Depositor, in writing, as promptly as practicable following notice to or discovery by a Responsible Officer of the Owner Trustee of any material changes to Proceedings described in the preceding sentence. In addition, the Owner Trustee will furnish to the Depositor, in writing, the necessary disclosure regarding the Owner Trustee describing such Proceedings required to be disclosed under Item 1117 of Regulation AB, for inclusion in reports filed by or on behalf of the Depositor pursuant to the Exchange Act.

Information to Be Provided by the Owner Trustee. (a) For so long as the Depositor Transferor is required to report under Regulation AB, the Owner Trustee shall, as promptly as practicable, notify the DepositorTransferor, in writing, of (i) the commencement of, a material development in or, if applicable, the termination of, any and all Proceedings against the Owner Trustee or any and all Proceedings of which any property of the Owner Trustee is the subject, that is material to the Noteholders and (ii) any such Proceedings known to be contemplated by Governmental Authorities. The Owner Trustee shall also notify the DepositorTransferor, in writing, as promptly as practicable following notice to or discovery by a Responsible Officer of the Owner Trustee of any material changes to Proceedings described in the preceding sentence. In addition, the Owner Trustee will furnish to the DepositorTransferor, in writing, the necessary disclosure regarding the Owner Trustee describing such Proceedings required to be disclosed under Item 1117 of Regulation AB, for inclusion in reports filed by or on behalf of the Depositor Transferor pursuant to the Exchange Act.

Information to Be Provided by the Owner Trustee. (a) For so long as the Depositor is required to report under Regulation AB, the Owner Trustee shall, as promptly as practicable, notify the Depositor, in writing, of (i) the commencement of, a material development in or, if applicable, the termination of, any and all Proceedings against the Owner Trustee it or any and all Proceedings of which any of its property of the Owner Trustee is the subject, that is material to the Noteholders and (ii) any such Proceedings known to be contemplated by Governmental Authorities. The Owner Trustee shall also notify the Depositor, in writing, as promptly as practicable following notice to or discovery by a Responsible Officer of the Owner Trustee of any material changes to Proceedings described in the preceding sentence. In addition, the Owner Trustee will furnish to the Depositor, in writing, the necessary disclosure regarding the Owner Trustee describing such Proceedings required to be disclosed under Item 1117 of Regulation AB, for inclusion in reports filed by or on behalf of the Depositor pursuant to the Exchange Act.

Information to Be Provided by the Owner Trustee. (a) For so long as the Depositor is required to report under Regulation AB, the Owner Trustee shall, as promptly as practicable, notify the Depositor, in writing, of of: (i) the commencement of, a material development in or, if applicable, the termination of, any and all Proceedings legal proceedings against the Owner Trustee or any and all Proceedings proceedings of which any property of the Owner Trustee is the subject, that is material to the Noteholders noteholders; and (ii) any such Proceedings proceedings known to be contemplated by Governmental Authoritiesgovernmental authorities. The Owner Trustee shall also notify the Depositor, in writing, as promptly as practicable following notice to or discovery by a Responsible Officer of the Owner Trustee of any material changes to Proceedings proceedings described in the preceding sentence. In addition, the Owner Trustee will furnish to the Depositor, in writing, the necessary disclosure regarding the Owner Trustee describing such Proceedings proceedings required to be disclosed under Item 1117 of Regulation AB, for inclusion in reports filed by or on behalf of the Depositor pursuant to the Exchange Act.

Information to Be Provided by the Owner Trustee. (a) For so long as the Depositor Transferor is required to report under Regulation AB, the Owner Trustee shall, as promptly as practicable, notify the DepositorTransferor, in writing, of of: (i) the commencement of, a material development in or, if applicable, the termination of, any and all Proceedings legal proceedings against the Owner Trustee or any and all Proceedings proceedings of which any property of the Owner Trustee is the subject, that is material to the Noteholders noteholders; and (ii) any such Proceedings proceedings known to be contemplated by Governmental Authoritiesgovernmental authorities. The Owner Trustee shall also notify the DepositorTransferor, in writing, as promptly as practicable following notice to or discovery by a Responsible Officer of the Owner Trustee of any material changes to Proceedings proceedings described in the preceding sentence. In addition, the Owner Trustee will furnish to the DepositorTransferor, in writing, the necessary disclosure regarding the Owner Trustee describing such Proceedings proceedings required to be disclosed under Item 1117 of Regulation AB, for inclusion in reports filed by or on behalf of the Depositor Transferor pursuant to the Securities Exchange Act.

Information to Be Provided by the Owner Trustee. (a) For so long as the Depositor is required to report under Regulation AB, the Owner Trustee shall, as promptly as practicable, notify the Depositor, in writing, of of: (i) the commencement of, a material development in or, if applicable, the termination of, any and all Proceedings legal proceedings against the Owner Trustee or any and all Proceedings proceedings of which any property of the Owner Trustee is the subject, that is material to the Noteholders Noteholders; and (ii) any such Proceedings proceedings known to be contemplated by Governmental Authoritiesgovernmental authorities. The Owner Trustee shall also notify the Depositor, in writing, as promptly as practicable following notice to or discovery by a Responsible Officer of the Owner Trustee of any material changes to Proceedings proceedings described in the preceding sentence. In addition, the Owner Trustee will furnish to the Depositor, in writing, the necessary disclosure regarding the Owner Trustee describing such Proceedings proceedings required to be disclosed under Item 1117 of Regulation AB, for inclusion in reports filed by or on behalf of the Depositor pursuant to the Exchange Act.