Covenants of the Trustee. The Trustee shall give prompt written notice to the Disbursement Agent upon (i) the occurrence of an Event of Default under the Indenture known to it and (ii) upon the cure or waiver of any such Event of Default known to it.
Appears in 1 contract
Sources: Cash Collateral and Disbursement Agreement (Transamerican Refining Corp)
Covenants of the Trustee. The Trustee shall give prompt written notice to the Disbursement Agent upon (i) the occurrence of an Event of Default under the Indenture known to it and (ii) upon the cure or waiver of any such Event of Default known to it.
Appears in 1 contract
Sources: Cash Collateral and Disbursement Agreement (XCL LTD)