Common use of Notification Regarding Bankruptcy of the Depositor Clause in Contracts

Notification Regarding Bankruptcy of the Depositor. Promptly after the occurrence of any Insolvency Event with respect to the Depositor, (a) the Depositor shall give the Owner Trustee, the Indenture Trustee and the Insurer written notice of such Insolvency Event, (b) the Owner Trustee shall, upon receipt of such written notice from the Depositor, give prompt written notice to the Indenture Trustee of the occurrence of such event and (c) the Indenture Trustee shall, upon receipt of such written notice from the Depositor or the Owner Trustee, give prompt written notice to the Noteholders of the occurrence of such event.

Notification Regarding Bankruptcy of the Depositor. Promptly after the occurrence of any Insolvency Event with respect to the Depositor, (ai) the Depositor shall give the Owner Trustee, the Indenture Trustee and the Insurer written notice of such Insolvency Event, (bii) the Owner Trustee shall, upon receipt of such written notice from the Depositor, give prompt written notice to the Certificateholders and the Indenture Trustee of the occurrence of such event and (ciii) the Indenture Trustee shall, upon receipt of such written notice from the Depositor or the Owner Trustee, give prompt written notice to the Noteholders of the occurrence of such event.

Notification Regarding Bankruptcy of the Depositor. Promptly after the occurrence of any Insolvency Event with respect to the Depositor, (aA) the Depositor shall give the Owner Trustee, the Indenture Trustee and the Insurer Owner Trustee written notice of such Insolvency Event, (bB) the Owner Trustee shall, upon the receipt of such written notice from the Depositor, give prompt written notice to the Certificateholders, holders of interests, if any, in the Reserve Account and the Indenture Trustee Trustee, of the occurrence of such event and (cC) the Indenture Trustee shall, upon receipt of such written notice of such Insolvency Event from the Depositor Owner Trustee or the Owner TrusteeDepositor, give prompt written notice to the Noteholders of the occurrence of such event.; SECTION 9.3

Notification Regarding Bankruptcy of the Depositor. Promptly after the occurrence of any Insolvency Event with respect to the Depositor, (ai) the Depositor shall give the Owner Trustee, the Indenture Trustee and the Insurer written notice of such Insolvency Event, (bii) the Owner Trustee shall, upon receipt of such written notice from the Depositor, give prompt written notice to the Indenture Trustee of the occurrence of such event and (ciii) the Indenture Trustee shall, upon receipt of such written notice from the Depositor or the Owner Trustee, give prompt written notice to the Noteholders of the occurrence of such event.

Notification Regarding Bankruptcy of the Depositor. Promptly after the occurrence of any Insolvency Event with respect to the Depositor, (aA) the Depositor shall give the Owner Trustee, the Indenture Trustee and the Insurer Owner Trustee written notice of such Insolvency Event, (bB) the Owner Trustee shall, upon the receipt of such written notice from the Depositor, give prompt written notice to the Certificateholders, holders of interests, if any, in the Reserve Account and the Indenture Trustee Trustee, of the occurrence of such event and (cC) the Indenture Trustee shall, upon receipt of such written notice of such Insolvency Event from the Depositor Owner Trustee or the Owner TrusteeDepositor, give prompt written notice to the Noteholders of the occurrence of such event.;