Notice of Defaults and Other Events. Promptly (and in any event within two (2) Business Days) upon becoming aware of (i) any Potential Rapid Amortization Event, (ii) any Rapid Amortization Event, (iii) any Potential Manager Termination Event, (iv) any Manager Termination Event, (v) any Default, (vi) any Event of Default or (vii) any other default under any other Transaction Document, the applicable Co-Issuer shall give the Trustee, the Servicer, the Control Party, the Managers, the Back-Up Manager, the Controlling Class Representative and each Rating Agency with respect to each Series of Notes Outstanding notice thereof, together with an Officers’ Certificate setting forth the details thereof and any action with respect thereto taken or contemplated to be taken by the such Co-Issuer. The Co-Issuers shall, at their expense, promptly provide to the Servicer, the Managers, the Back-Up Manager, the Controlling Class Representative and the Trustee such additional information as the Servicer, the Managers, the Back-Up Manager, the Controlling Class Representative or the Trustee may reasonably request from time to time in connection with the matters so reported, and the actions so taken or contemplated to be taken.
Notice of Defaults and Other Events. The Master Issuer shall give the Trustee, the Servicer, the Manager, the Back-Up Manager, the Controlling Class Representative and the Rating Agency with respect to each Series of Notes Outstanding notice within three (3) Business Days upon becoming aware of (i) any Potential Rapid Amortization Event, (ii) any Rapid Amortization Event, (iii) any Potential Manager Termination Event, (iv) any Manager Termination Event, (v) any Default, (vi) any Event of Default or (vii) any default under any Collateral Transaction Document, together with an Officer’s Certificate setting forth the details thereof and any action with respect thereto taken or contemplated to be taken by the Master Issuer. The Master Issuer shall, at its expense, promptly provide to the Servicer, the Manager, the Back-Up Manager, the Controlling Class Representative and the Trustee such additional information as the Servicer, the Manager, the Back-Up Manager, the Controlling Class Representative or the Trustee may reasonably request from time to time in connection with the matters so reported, and the actions so taken or contemplated to be taken.
Notice of Defaults and Other Events. In the event that any Indebtedness of the Company or any Significant Subsidiary of the Company having an outstanding principal amount of $100,000 or more has been or could be declared due and payable before its maturity because of the occurrence of any event of default (i.e., following any required notice or passage of time or both) under such Indebtedness (including, without limitation, any Default or Event of Default under this Indenture), the Company, promptly after it becomes aware thereof, will give written notice thereof to the Trustee.
Notice of Defaults and Other Events. In the event that any Indebtedness of the Company or any Significant Subsidiary having an outstanding principal amount of $1,000,000 or more individually or $2,500,000 or more in the aggregate has been or could be declared due and payable before its maturity because of the occurrence of any event of default under such Indebtedness (including any Default under this Indenture), the Company, promptly after it becomes aware thereof, will give written notice thereof to the Trustee.
Notice of Defaults and Other Events. Except for Indebtedness evidenced by the Tax Liabilities and the event of default existing on the Issue Date relating to Indebtedness evidenced by the Subordinated Notes, in the event that any Indebtedness of the Company or any Subsidiary having an outstanding principal amount of $5,000,000 or more individually or $10,000,000 or more in the aggregate has been or could be declared due and payable before its maturity because of the occurrence of any event of default under such Indebtedness (including any Default or Event of Default under this Indenture), the Company, promptly after it becomes aware thereof, will give written notice thereof to the Trustee.
Notice of Defaults and Other Events. In the event that any Indebtedness of the Company or any Project Company having an outstanding principal amount in excess of $5,000,000 (or its foreign currency equivalent) individually or in the aggregate has been or could be declared due and payable before its maturity because of the occurrence of any event of default under such Indebtedness (including any Default under this Indenture), the Company, promptly after it becomes aware thereof, will give written notice thereof to the Trustee.
Notice of Defaults and Other Events. Promptly (and in any event within two (2) Business Days) upon becoming aware of (i) any Potential Rapid Amortization Event, (ii) any Rapid Amortization Event, (iii) any Potential Servicer Termination Event, (iv) any Servicer Termination Event, (v) any Default, (vi) any Event of Default or (vii) any default under any Collateral Transaction Document, the Co-Issuers shall give the Trustee, the Control Party and the Rating Agencies with respect to each Series of Notes Outstanding notice thereof, together with an Officer’s Certificate setting forth the details thereof and any action with respect thereto taken or contemplated to be taken by the Co-Issuers. The Co-Issuers shall, at their expense, promptly provide to the Control Party and the Trustee such additional information as the Control Party or the Trustee may request from time to time in connection with the matters so reported, and the actions so taken or contemplated to be taken.
Notice of Defaults and Other Events. The Issuers shall provide the Trustee, the Back-Up Manager, the Controlling Class Representative, the LC Administrative Agent and the Rating Agencies with respect to each Series of Notes Outstanding notice within three (3) Business Days of obtaining Actual Knowledge of (i) any Potential Rapid Amortization Event, (ii) any Rapid Amortization Event, (iii) any Potential Manager Termination Event, (iv) any Manager Termination Event, (v) any Event of Default or Default or (vi) any material default by a Subject Party under any Collateral Transaction Document, together with an Officer’s Certificate setting forth the details thereof and any action with respect thereto taken or contemplated to be taken by the Issuers.
Notice of Defaults and Other Events. In the event that any issue or issues of Indebtedness of Holdings and/or any Significant Subsidiary of Holdings having an outstanding principal amount of $20 million or more in the aggregate for all such issues has been or could be declared due and payable before its maturity because of the occurrence of any event of default under such Indebtedness (including, without limitation, any Default or Event of Default under this Indenture), so long as any of the Securities are outstanding, Holdings, promptly after it becomes aware thereof, will give written notice thereof to the Trustee.
Notice of Defaults and Other Events. Promptly (and in any event within two (2) Business Days) following Actual Knowledge of the occurrence of any circumstances which might reasonably be expected to constitute (i) an Early Amortization Event, (ii) a Master Manager Default or a Transaction Manager Default, (iii) an Event of Default or (iv) a default under any Related Document (other than the Indenture), the Co-Issuers shall give the Trustee, the Administrative Agent and the Rating Agencies with respect to each Series of Notes Outstanding notice thereof (provided that such notice need not be sent to the Rating Agencies in the case of a non-monetary default under the First Tier Contribution Agreement), together with an Officer’s Certificate setting forth the details thereof and any action with respect thereto taken or contemplated to be taken by the Co-Issuers. The Co-Issuers shall, at their expense, promptly provide to the Trustee and the Administrative Agent such additional information as the Trustee or the Administrative Agent may reasonably request from time to time in connection with the matters so reported, and the actions so taken or contemplated to be taken.
