Common use of Maintenance Provider Default; Termination of Maintenance Provider Clause in Contracts

Maintenance Provider Default; Termination of Maintenance Provider. (a) Upon the occurrence of any Maintenance Provider Default under the Administration Agreement, in addition to the requirements set forth in Section 6.01(b) of the Basic Administration Agreement, the Administrative Agent shall provide to the Indenture Trustee, the Owner Trustee, and any holders of Rated Securities, prompt notice of such failure or delay by the Maintenance Provider, together with a description of the Maintenance Provider's efforts to so perform its obligations.

Maintenance Provider Default; Termination of Maintenance Provider. (a) Upon the occurrence of any Maintenance Provider Default under the Administration Agreement, in addition to the requirements set forth in Section 6.01(b) of the Basic Administration Agreement, the Administrative Agent shall provide to the Indenture Trustee, the Owner Trustee, Trustee and any holders of Rated Securities, prompt notice of such failure or delay by the Maintenance Provider, together with a description of the Maintenance Provider's efforts to so perform its obligations.

Maintenance Provider Default; Termination of Maintenance Provider. (a) Upon the occurrence of any Maintenance Provider Default under the Administration Agreement, in addition to the requirements set forth in Section 6.01(b) of the Basic Administration Agreement, the Administrative Agent shall provide to the Indenture Trustee, the Owner Trustee, Trustee and any holders of Rated Securities, prompt notice of such failure or delay by the Maintenance Provider, together with a description of the Maintenance Provider's ’s efforts to so perform its obligations.