Common use of NOTICE OF REDEMPTION BY THE TRUSTEE Clause in Contracts

NOTICE OF REDEMPTION BY THE TRUSTEE. Upon receipt of notice from the Issuer of its election to redeem the Notes pursuant to Section 11.01 and deposit by the Issuer of the Redemption Amount pursuant to Section 11.02, the Trustee shall provide notice of redemption of the Notes by first class mail, postage prepaid, mailed no later than the Business Day following the date on which such deposit was made, to the Note Insurer at its address herein and to each Noteholder at such Noteholder's address as listed in the Note Register. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer, as applicable.

Appears in 5 contracts

Samples: Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc)

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NOTICE OF REDEMPTION BY THE TRUSTEE. Upon receipt of notice from the Issuer of its election to redeem the Notes pursuant to Section 11.01 and deposit by the Issuer of the Redemption Amount pursuant to Section 11.02, the Trustee shall provide notice of redemption of the Notes ("Redemption Notice") by first class mail, postage prepaid, mailed no later than the Business Day following the date on which such deposit was made, to the Note Insurer at its address herein and to each Noteholder at such Noteholder's address as listed in the Note Register. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer, as applicable.

Appears in 1 contract

Samples: Oakwood Homes Corp

NOTICE OF REDEMPTION BY THE TRUSTEE. Upon receipt of notice from the Issuer of its election to redeem the Notes pursuant to Section 11.01 10.01 and deposit by the Issuer of the Redemption Amount and the Supplemental Redemption Amount pursuant to Section 11.0210.02, the Trustee shall provide notice of redemption of the Notes by first class mail, postage prepaid, mailed no later than the Business Day following the date on which such deposit was made, to the Note Insurer at its address herein and made to each Noteholder at such Noteholder's address as listed in the Note Register. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer, as applicable.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

NOTICE OF REDEMPTION BY THE TRUSTEE. Upon receipt of notice from the Issuer of its election to redeem the Notes pursuant to Section 11.01 10.01 and deposit by the Issuer of the Redemption Amount pursuant to Section 11.0210.02, the Trustee shall provide notice of redemption of the Notes by first class mail, postage prepaid, mailed no later than the Business Day following the date on which such deposit was made, to the Note Insurer at the its address herein and to each Noteholder at such Noteholder's address as listed in the Note Register. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer, as applicable.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

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NOTICE OF REDEMPTION BY THE TRUSTEE. Upon receipt of notice from the Issuer of its election to redeem the Notes pursuant to Section 11.01 10.01 and deposit by the Issuer of the Redemption Amount pursuant to Section 11.0210.02, the Trustee shall provide notice of redemption of the Notes by first class mail, postage prepaid, mailed no later than the Business Day following the date on which such deposit was made, to the Note Insurer at its address herein and to each Noteholder at such Noteholder's address as listed in the Note Register. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer, as applicable.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

NOTICE OF REDEMPTION BY THE TRUSTEE. Upon receipt of notice from the Issuer of its election to redeem the Notes pursuant to Section 11.01 10.01 and deposit by the Issuer of the Redemption Amount and the Supplemental Redemption Amount pursuant to Section 11.0210.02, the Trustee shall provide notice of redemption of the Notes by first class mail, postage prepaid, mailed no later than the Business Day following the date on which such deposit was made, to the Note Insurer at its address herein and to each Noteholder at such Noteholder's address as listed in the Note Register. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer, as applicable.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

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