Common use of Providing of Notice Clause in Contracts

Providing of Notice. The Issuer, upon learning of any failure on its part to observe or perform in any material respect any covenant, representation or warranty of the Issuer set forth in this Indenture or a Student Loan Purchase Agreements, or of any failure on the part of a Seller to observe or perform in any material respect any covenant, representation or warranty of a Seller set forth in its Student Loan Purchase Agreement, shall promptly notify the Indenture Trustee, the appropriate Servicer and each Rating Agency of such failure.

Providing of Notice. The Issuer, upon learning of any failure on its part to observe or perform in any material respect any covenant, representation or warranty of the Issuer set forth in this Indenture or a the Student Loan Purchase AgreementsAgreement, or of any failure on the part of a the Seller to observe or perform in any material respect any covenant, representation or warranty of a the Seller set forth in its the Student Loan Purchase Agreement, shall promptly notify the Indenture Trustee, the appropriate Servicer and each Rating Agency of such failure.

Providing of Notice. The Issuer, upon learning of any failure on its part to observe or perform in any material respect any covenant, representation or warranty of the Issuer set forth in this Indenture or a Student Loan Purchase Agreementsthe Depositor Transfer and Sale Agreement, or of any failure on the part of a Seller the Depositor to observe or perform in any material respect any covenant, representation or warranty of a Seller the Depositor set forth in its Student Loan Purchase Agreementthe Transfer and Sale Agreements, shall promptly notify the Indenture Trustee, the appropriate Master Servicer and each Rating Agency of such failure.