Notice of Indenture Event of Default. Promptly after the Owner ------------------------------------ Trust has Actual Knowledge that the Indenture Event of Default attributable to the Owner Trust has occurred and is continuing, the Owner Trust shall deliver to the Charterer a notice of such Indenture Event of Default which is not also a Charter Event of Default describing the same in reasonable detail and, together with such notice or as soon thereafter as possible, a description of the action that the Owner Trust has taken, is taking and proposes to take with respect thereto.
Appears in 6 contracts
Samples: Participation Agreement (Mobil Corp), Participation Agreement (Mobil Corp), Participation Agreement (Mobil Corp)
