Common use of NOTIFICATIONS TO SERVICER AND TO CERTIFICATEHOLDERS Clause in Contracts

NOTIFICATIONS TO SERVICER AND TO CERTIFICATEHOLDERS. (a) Upon obtaining actual knowledge of any Default, the Trustee shall promptly notify the Servicer and each Certificateholder (at their respective addresses appearing in the Certificate Register) thereof. (b) Upon any termination of, or appointment of a successor to, the Servicer pursuant to Section 7.02 hereof, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register. (c) As soon as practicable after the Trustee's obtaining knowledge of the occurrence of an Event of Default, the Trustee shall transmit by certified mail to all Holders of the Certificates (at their respective addresses appearing in the Certificate Register) notice of such Event of Default or occurrence known to the Trustee, unless such Event of Default shall have been cured or waived.