Common use of Withdrawal of Notice Clause in Contracts

Withdrawal of Notice. The Note Trustee may, at any time if a Note Event of Default is remedied to the reasonable satisfaction of the Note Trustee during any applicable grace period, by notice in writing to the Current Issuer and the relevant Agents, withdraw any notice given by the Note Trustee pursuant to Clause 11.1 (Actions of Agents after Notice by Note Trustee of a Note Event of Default) whereupon such Agents shall act as agents of the Current Issuer in accordance with the terms hereof. The withdrawal of any notice given by the Note Trustee pursuant to Clause 11.1 (Actions of Agents after Notice by Note Trustee of a Note Event of Default) shall not preclude the Note Trustee from issuing any other or further notices pursuant to that Clause on any subsequent occasion and at any time after the occurrence of a Note Event of Default, no notice given by the Note Trustee pursuant to Clause 11.1 (Actions of Agents after Notice by Note Trustee of a Note Event of Default) shall be withdrawn except at the absolute discretion of the Note Trustee.

Withdrawal of Notice. The Note Trustee may, at any time if a Potential Note Event of Default or a Note Event of Default is remedied to the reasonable satisfaction of the Note Trustee during any applicable grace period, by notice in writing to the Current Master Issuer and the relevant Agents, withdraw any notice given by the Note Trustee pursuant to Clause 11.1 (Actions of Agents after Notice by Note Trustee of a Potential Note of Default or a Note Event of Default) whereupon such Agents shall act as agents of the Current Master Issuer in accordance with the terms hereof. The withdrawal of any notice given by the Note Trustee pursuant to Clause 11.1 (Actions of Agents after Notice by Note Trustee of a Potential Note of Default or a Note Event of Default) shall not preclude the Note Trustee from issuing any other or further notices pursuant to that Clause on any subsequent occasion and at any time after the occurrence of a Potential Note Event of Default, Default or a Note Event of Default and no notice given by the Note Trustee pursuant to Clause 11.1 (Actions of Agents after Notice by Note Trustee of a Potential Note Event of Default or a Note Event of Default) shall be withdrawn except at the absolute discretion of the Note Trustee.

Withdrawal of Notice. The Note Trustee may, at any time if a Note Event of Default is remedied to the reasonable satisfaction of the Note Trustee during any applicable grace period, by notice in writing to the Current Master Issuer and the relevant Agents, withdraw any notice given by the Note Trustee pursuant to Clause 11.1 (Actions of Agents after Notice by Note Trustee of a Note Event of Default) whereupon such Agents shall act as agents of the Current Master Issuer in accordance with the terms hereof. The withdrawal of any notice given by the Note Trustee pursuant to Clause 11.1 (Actions of Agents after Notice by Note Trustee of a Note Event of Default) shall not preclude the Note Trustee from issuing any other or further notices pursuant to that Clause on any subsequent occasion and at any time after the occurrence of a Note Event of Default, no notice given by the Note Trustee pursuant to Clause 11.1 (Actions of Agents after Notice by Note Trustee of a Note Event of Default) shall be withdrawn except at the absolute discretion of the Note Trustee.