Common use of Notice of Default, etc Clause in Contracts

Notice of Default, etc. The Issuer will deliver to the Trustee and each Holder of Outstanding Notes immediately upon becoming aware of the existence of any condition or event that constitutes a Default, an Event of Default or an Event of Servicing Termination, a written notice describing its nature and period of existence and what action is being taken or proposed to be taken with respect thereto.

Notice of Default, etc. The Issuer will deliver to the Indenture ---------------------- Trustee and to each Holder Noteholder of Outstanding Notes immediately upon becoming aware of the existence of any condition or event that which constitutes a Default, an Event of Default or an Event of Servicing TerminationDefault, a written notice describing its nature and period of existence and what action the Issuer is being taken taking or proposed proposes to be taken take with respect thereto.

Notice of Default, etc. The Issuer will deliver to the Trustee Trustee, the Note Insurer, the Swap Counterparty and each Holder of Outstanding Notes immediately upon becoming aware of the existence of any condition or event that constitutes a Default, an Event of Default or an Event of Servicing Termination, a written notice describing its nature and period of existence and what action is being taken or proposed to be taken with respect thereto.

Notice of Default, etc. The Issuer will deliver to the Trustee and each Holder of Outstanding Notes immediately upon becoming aware of the existence of any condition or event that constitutes a DefaultLxxxx 0 Xxxxxxx, Xxxxxxx, an Event of Default or an Event of Servicing Termination, a written notice describing its nature and period of existence and what action is being taken or proposed to be taken with respect thereto.

Notice of Default, etc. The Issuer will deliver to the Trustee and each Holder of Outstanding Notes immediately promptly upon becoming aware of the existence of any condition or event that constitutes a Default, an Event of Default or an Event of Servicing Termination, a written notice describing its nature and period of existence and what action is being taken or proposed to be taken with respect thereto.