Common use of Section 602 Notice of Defaults Clause in Contracts

Section 602 Notice of Defaults. If a Default occurs with respect to Securities of any series and is continuing and written notice of such Default has been received by a Responsible Officer of the Trustee at the Corporate Trust Office of the Trustee, the Trustee shall give to each Holder of Securities of such series notice of Default within 90 days after such written notice is received by such Responsible Officer. Except in the case of a Default in payment of principal of or interest on any Security, the Trustee may withhold notice if and so long as a committee of Responsible Officers in good faith determines that withholding such notice is in the interests of Holders of Securities of such series.

Appears in 7 contracts

Samples: Indenture (BrightView Holdings, Inc.), Indenture (BrightView Holdings, Inc.), Indenture (KKR & Co. Inc.)

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Section 602 Notice of Defaults. If a Default occurs with respect to Securities of any series and is continuing and written notice of such Default specifying the Default and this Indenture and the Securities has been received by a Responsible Officer of the Trustee at the Corporate Trust Office of the Trustee, the Trustee shall give to each Holder of Securities of such series notice of Default within 90 days after such written notice is received by such Responsible Officer. Except in the case of a Default in payment of principal of or interest on any Security, the Trustee may withhold notice if and so long as a committee of Responsible Officers in good faith determines that withholding such notice is in the interests of Holders of Securities of such series.

Appears in 3 contracts

Samples: Indenture (Blackstone Inc.), Indenture (Blackstone Holdings I L.P.), Subordinated Indenture (Blackstone Holdings I L.P.)

Section 602 Notice of Defaults. If a Default occurs with respect to Securities of any series and is continuing and written notice of such Default has been received by a Responsible Officer of the Trustee at the Corporate Trust Office of the Trustee, and such written notice references the Securities and this Indenture, the Trustee shall give to each Holder of Securities of such series notice of Default within 90 days after such written notice is received by such Responsible Officer. Except in the case of a Default in payment of principal of or interest on any Security, the Trustee may withhold notice if and so long as a committee of Responsible Officers in good faith determines that withholding such notice is in the interests of Holders of Securities of such series.

Appears in 2 contracts

Samples: Indenture (Ares Management Corp), Indenture (Ares Management Corp)

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Section 602 Notice of Defaults. If a an Event of Default occurs with respect to Securities of any series and is continuing and written notice of such Default has been received by a Responsible Officer of the Trustee at the Corporate Trust Office of the Trustee, the Trustee shall give to each Holder of Securities of such series notice of Default within 90 days after such written notice is received by such Responsible Officer. Except in the case of a Default in payment of principal of or interest on any Security, the Trustee may withhold notice if and so long as a committee of Responsible Officers Officer in good faith determines that withholding such notice is in the interests of Holders of Securities of such series.

Appears in 2 contracts

Samples: Indenture (Lument Finance Trust, Inc.), Indenture (Lument Finance Trust, Inc.)

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