Common use of Notice of Default and Other Events Clause in Contracts

Notice of Default and Other Events. Promptly upon the existence of any Default or Event of Default or Event of Servicing Termination known to the Trustee (within the meaning of Section 7.01(e)), the Trustee shall transmit by telephonic or telecopy communication confirmed by mail to all Noteholders, as their names and addresses appear in the Note Register, notice of such event hereunder known to the Trustee.

Appears in 3 contracts

Samples: Indenture (LEAF Equipment Finance Fund 4, L.P.), Indenture (Resource America, Inc.), Indenture (LEAF Equipment Finance Fund 4, L.P.)

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Notice of Default and Other Events. Promptly upon the existence of any Default or Event of Default or Event of Servicing Termination known to the Trustee (within the meaning of Section 7.01(e)), the Trustee shall transmit by telephonic or telecopy communication confirmed by mail to all Noteholders, as their names and addresses appear in the Note Register, notice of such event hereunder known to the Trustee.

Appears in 2 contracts

Samples: Indenture (Resource America, Inc.), Indenture (Resource America, Inc.)

Notice of Default and Other Events. Promptly upon the existence of any Default or Event of Default or Event of Servicing Termination known to the Trustee (within the meaning of Section 7.01(e)), the Trustee shall transmit by telephonic or telecopy communication confirmed by mail to the Note Insurer, the Swap Counterparty and all Noteholders, as their names and addresses appear in the Note Insurance Agreement and the Note Register, notice of such event hereunder known to the Trustee.

Appears in 1 contract

Samples: Indenture (Lease Equity Appreciation Fund II, L.P.)

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Notice of Default and Other Events. Promptly upon the existence of any Default or Event of Default or Event of Servicing Termination known to the Trustee (within the meaning of Section 7.01(e)), the Trustee shall transmit by telephonic or telecopy communication confirmed by mail to all Noteholders, as their names and addresses appear in the Note Register, notice of such event hereunder known to the Trustee.

Appears in 1 contract

Samples: Indenture (LEAF Equipment Finance Fund 4, L.P.)

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