Common use of Notice of Insolvency Events Clause in Contracts

Notice of Insolvency Events. To the extent that an Insolvency Event shall occur with respect to (a) the Transferor, as specified in Section 6.01 of the Transfer and Servicing Agreement, (b) the Bank, as specified in Section 8.02 of the HRAC RPA, or (c) HRAC, as specified in Section 8.02 of the Transferor RPA, the Issuer shall provide, or cause to be provided, written notice of such occurrence to Standard & Poor's.

Appears in 3 contracts

Samples: Hrsi Funding Inc Ii, Hrsi Funding Inc Ii, Household Private Label Credit Card Master Note Trust I

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Notice of Insolvency Events. To the extent that an Insolvency Event shall occur with respect to (a) the Transferor, as specified in Section 6.01 of the Transfer and Servicing Agreement, (b) the Bank, as specified in Section 8.02 of the HRAC RPA, or (c) HRAC, as specified in Section 8.02 of the Transferor RPA, the Issuer shall provide, or cause to be provided, written notice of such occurrence to Standard & Poor's.. [SIGNATURE PAGE FOLLOWS]

Appears in 2 contracts

Samples: Hrsi Funding Inc Ii, Hrsi Funding Inc Ii

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Notice of Insolvency Events. To the extent that an Insolvency Event shall occur with respect to (a) the Transferor, as specified in Section 6.01 of the Transfer and Servicing Agreement, or (b) the Bank, as specified in Section 8.02 of the HRAC RPA, or (c) HRACSellers, as specified in Section 8.02 of the Transferor RPA, the Issuer shall provide, or cause to be provided, written notice of such occurrence to Standard & Poor's.

Appears in 1 contract

Samples: Household Consumer Loan Corp Ii

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