Common use of NOTICE TO OFFSHORE NOTEHOLDERS Clause in Contracts

NOTICE TO OFFSHORE NOTEHOLDERS. The Manager on behalf of the Trustee shall, within 14 days of: (a) the termination of the appointment of any Paying Agent, the Note Registrar or the Calculation Agent; (b) the appointment of a new Paying Agent, the Note Registrar or Calculation Agent; or (c) the resignation of any Paying Agent or Calculation Agent, give to the Offshore Noteholders notice of the termination, appointment or resignation in accordance with the relevant Condition 12 (in the case of a termination under clause 19.1(b)(i) or 19.2 at the cost of the outgoing Paying Agent or the Calculation Agent, as the case may be).

Appears in 2 contracts

Samples: Agency Agreement (Crusade Management LTD), Agency Agreement (Crusade Management LTD)

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NOTICE TO OFFSHORE NOTEHOLDERS. The Manager on behalf of the Trustee shall, within 14 days of: (a) the termination of the appointment of any Paying Agent, the any Note Registrar or the Calculation Agent; (b) the appointment of a new Paying Agent, the Note Registrar or Calculation Agent; or (c) the resignation of any Paying Agent or Calculation Agent, give to the Offshore Noteholders notice of the termination, appointment or resignation in accordance with the relevant Condition 12 (in the case of a termination under clause 19.1(b)(i) or 19.2 at the cost of the outgoing Paying Agent or the Calculation Agent, as the case may be).

Appears in 2 contracts

Samples: Agency Agreement (Crusade Global Trust No. 2 of 2006), Agency Agreement (Crusade Global Trust No. 1 of 2007)

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