Common use of Notice to Owners of Bonds if Default Occurs Clause in Contracts

Notice to Owners of Bonds if Default Occurs. If a Default occurs of which the Trustee has been notified as provided in Section 10.01(h) hereof, or of which by said subsection it is deemed to have notice, then the Trustee shall promptly give notice thereof to the Credit Provider and to the Owner of each Bond.

Appears in 5 contracts

Samples: Lease Agreement (NuStar Energy L.P.), Lease Agreement (NuStar Energy L.P.), Lease Agreement (NuStar Energy L.P.)

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Notice to Owners of Bonds if Default Occurs. If a Default occurs of which the Trustee has been notified as provided in Section SECTION 10.01(h) hereof, or of which by said subsection it is deemed to have notice, then the Trustee shall promptly give notice thereof to the Credit Provider Bank and to the Owner of each Bond.

Appears in 2 contracts

Samples: Indenture of Trust (Simmons Co /Ga/), Indenture of Trust (Simmons Co /Ga/)

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Notice to Owners of Bonds if Default Occurs. If a an Event of Default occurs of which the Trustee has been notified as provided in Section 10.01(h8.01(b)(viii) hereof, or of which by said subsection it is deemed to have notice, then the Trustee shall promptly give notice thereof to the Credit Provider Issuer, the Company and to the Owner of each Bond.

Appears in 2 contracts

Samples: Indenture of Trust (Weirton Steel Corp), Indenture of Trust (Weirton Steel Corp)

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