Common use of Notices from the Trustee Clause in Contracts

Notices from the Trustee. If a Default occurs and is continuing and is actually known to a Responsible Officer of the Trustee administering this Indenture, the Trustee must give notice of such Default to each Holder within 90 days after the date on which a Responsible Officer of the Trustee has received written notice thereof. Except in the case of a Default in the payment of the principal (including the Fundamental Change Repurchase Price) of, premium, if any, or interest on, or any Additional Amounts with respect to, any Note or of a Default in the delivery of the Conversion Consideration due upon conversion of any Note, the Trustee may withhold notice if and so long as the Trustee in good faith determines that withholding notice is in the interests of the Holders.

Appears in 2 contracts

Samples: Indenture, Indenture (Aegean Marine Petroleum Network Inc.)

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Notices from the Trustee. If a Default occurs and is continuing and is actually known to a Responsible Officer of the Trustee administering this IndentureTrustee, the Trustee must give notice of such Default to each Holder within 90 days after the date on which a Responsible Officer of the Trustee has received written notice thereof. Except in the case of a Default in the payment of the principal (including the Fundamental Change Repurchase Purchase Price and the Redemption Price) of, premium, if any, or interest on, or any Additional Amounts with respect to, any Note or of a Default in the delivery of the Conversion Consideration Settlement Amounts due upon conversion of any Note, the Trustee may withhold notice if and so long as a committee of trust officers of the Trustee in good faith determines that withholding notice is in the interests of the Holders.

Appears in 1 contract

Samples: Indenture (Protalix BioTherapeutics, Inc.)

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Notices from the Trustee. If a Default occurs and is continuing and is actually known to a Responsible Officer of the Trustee administering this Indenture, the Trustee must give notice of such Default to each Holder within 90 days after the date on which a Responsible Officer of the Trustee has received written notice thereof. Except in the case of a Default in the payment of the principal (including the Fundamental Change Repurchase Purchase Price) of, premium, if any, or interest on, or any Additional Amounts with respect to, any Note or of a Default in the delivery of the Conversion Consideration Settlement Amounts due upon conversion of any Note, the Trustee may withhold notice if and so long as the Trustee in good faith determines that withholding notice is in the interests of the Holders.

Appears in 1 contract

Samples: Indenture (Immunogen Inc)

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