Common use of Notice of Default; Compliance Certificate Clause in Contracts

Notice of Default; Compliance Certificate. (i) The Issuer will furnish to the Trustee, not later than five (5) Business Days after the occurrence thereof, written notice of any events which would constitute a Default or Event of Default, their status and what action the Issuer is taking or proposing to take in respect thereof. In the absence of any such notice, the Trustee shall not be deemed to have notice or be charged with knowledge of any Default or Event of Default.

Notice of Default; Compliance Certificate. (i) The Issuer will furnish to the Trustee, not later than five (5) ten Business Days after the occurrence Issuer obtains Actual Knowledge thereof, written notice of any events which would constitute a Default or Event of Default, their status signed by an Authorized Officer of the Issuer, describing such Default and what action the steps that the Issuer is taking or proposing proposes to take in respect thereofconnection therewith. In the absence of any such notice, the Trustee shall not be deemed to have notice or be charged with knowledge of any Default or Event of Default.60

Notice of Default; Compliance Certificate. (i) The Issuer will shall furnish to the Trustee, not later than five (5) Business Days 30 days after the occurrence Issuer obtains Actual Knowledge thereof, written notice of any events which would constitute a Default or Event of Default, their status signed by an Authorized Officer of the Issuer, describing such Default and what action the steps that the Issuer is taking or proposing proposes to take in respect thereof. In the absence of any such notice, the Trustee shall not be deemed to have notice or be charged with knowledge of any Default or Event of Defaultconnection therewith.