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

Notice of Defaults or Events of Default. If a Default or Event of Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and Swap Counterparty notice of the Default or Event of Default within ninety (90) days after it occurs. Except in the case of a Default or Event of Default with respect to the payment of principal of or interest on any Note (including payments pursuant to the redemption of such Notes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders and the Swap Counterparties.

Notice of Defaults or Events of Default. If a Default or Event of Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and Swap Counterparty notice of the Default or Event of Default within ninety (90) days after it occurs. Except in the case of a Default or Event of Default with respect to the payment of principal of or interest on any Note (including payments pursuant to the redemption or repurchase of such Notes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders and the Swap Counterparties.

Notice of Defaults or Events of Default. If a Default or Event of Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and the Swap Counterparty notice of the Default or Event of Default within ninety (90) days after it occurs. Except in the case of a Default or Event of Default with respect to the payment of principal of or interest on any Note (including payments pursuant to the redemption of such Notes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders and the Swap Counterparties.