Common use of Notice of Default or Events of Default Clause in Contracts

Notice of Default or Events of Default. If a default or an Event of Default occurs and is continuing and if it is known to the Trustee, the Trustee shall mail to each Securityholder of the affected series notice of the default or Event of Default within 90 days after it occurs. However, the Trustee may withhold the notice if and so long as a committee of its Trust Officers in good faith determines that withholding notice is in the interests of Securityholders of such series, except in the case of a default or an Event of Default in payment of the principal (including premium, if any) of, interest or Additional Interest, if any, on any Security of such series.

Notice of Default or Events of Default. If a default or an Event of Default occurs and is continuing and if it is known to the Trustee, the Trustee shall mail to each Securityholder of the affected series notice of the default Default or Event of Default within 90 days after it occurs. However, the Trustee may withhold the notice if and so long as a committee of its Trust Officers in good faith determines that withholding notice is in the interests of Securityholders of such seriesSecurityholders, except in the case of a default Default or an Event of Default in payment of the principal (including premium, if any) of, interest or Additional Interest, if any, on any Security of such seriesSecurity.

Notice of Default or Events of Default. If a default or an Event of Default occurs and is continuing and if it is known to the Trustee, the Trustee shall mail to each Securityholder of the affected series notice of the default all uncured defaults or Event Events of Default known to it within 90 days after it occurs. However, the Trustee may withhold the notice if and for a period of 30 days so long as a committee of its Trust Officers the Trustee in good faith determines that withholding notice is in the interests of Securityholders of such seriesSecurityholders, except in the case of a default or an Event of Default in payment of the principal (including of, or premium, if any) of, or interest or Additional Interest, if any, on any Security when due or in the payment of such seriesany redemption or purchase obligation.

Notice of Default or Events of Default. If a default or an Event of Default occurs and is continuing and if it is known to the Trustee, the Trustee shall mail to each Securityholder of the affected series notice of the default all uncured defaults or Event Events of Default known to it within 90 20 days after it occurs. However, the Trustee may withhold the notice if and so long as a committee of its Trust Officers in good faith determines that withholding notice is in the interests of Securityholders of such seriesSecurityholders, except in the case of a default or an Event of Default in payment of the principal (including of, or premium, if any) of, interest or Additional Interestinterest, if anyincluding Registration Default Payments, on any Security when due or in the payment of such seriesany redemption or purchase obligation.