Common use of Notice of Events of Default Clause in Contracts

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission PUCT and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission MPSC and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission MPSC and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing AgreementAgreement with respect to the Securitized Utility Tariff Property, respectively.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, with respect to the Storm Recovery Property respectively.

Notice of Events of Default. The Issuer agrees to shall give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and of each default on the part of the Seller or the Servicer of its obligations under any party to the Sale Agreement or the and Servicing Agreement, respectivelythe Purchase Agreement with respect to any of the provisions thereof.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01and, and immediately after obtaining knowledge of any of the following occurrences, written notice of each default on the part of the Seller Servicer or the Servicer Transferor of its obligations under the Sale Agreement or the Transfer and Servicing Agreement, respectivelyeach default on the part of a Seller of its obligations under the Receivables Purchase Agreement and any action taken by the Indenture Trustee pursuant to Section 5.05.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice in the form of an Officer’s Certificate of each Default or Event of Default hereunder as provided in Section 5.01, and upon the actual knowledge of a Responsible Officer of the Issuer thereof each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01hereunder, and each Servicing Default, any Insolvency Event with respect to the Seller, each default on the part of the Seller or the Servicer of its respective obligations under the Trust Sale and Servicing Agreement and each default on the part of GMAC or the Servicer of its respective obligations under the Pooling and Servicing Agreement, respectivelyin each case promptly after the discovery thereof by the Issuer.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Council and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, Trustee (in the Commission form of an Officer’s Certificate) and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission LPSC and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Notice of Events of Default. The Issuer agrees to shall give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided hereunder, each default on the part of the Servicer of its obligations under the Servicing Agreement (and, in Section 5.01the case of a Servicer Default, shall specify in such notice the action, if any, the Issuer is taking with respect to such default) and each default on the part of the Seller or the Servicer Purchaser of its obligations under the Purchase and Sale Agreement or the Servicing Agreement, respectively.

Notice of Events of Default. The Issuer agrees to shall give the Indenture Trustee, the Commission Securities Administrator, the Counterparties and the Rating Agencies prompt written notice of each Default or Event of Default and Default hereunder as provided in Section 5.01, and of each default on the part of the Seller or the Servicer of its obligations under any party to the Sale and Servicing Agreement or with respect to any of the Servicing Agreement, respectivelyprovisions thereof.

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Rating Agencies, and the Rating Agencies Commission prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.