Default Certificate. If a Default or Event of Default occurs, then the Issuer will, within thirty (30) days after its occurrence, deliver an Officer’s Certificate to the Trustee describing the same and what action the Issuer or any Note Party is taking or proposes to take with respect thereto; provided, however, that such notice will not be required if such Default or Event of Default has been cured or waived before the date the Issuer is required to deliver such notice.
Appears in 9 contracts
Sources: Indenture (Wolfspeed, Inc.), Indenture (Wolfspeed, Inc.), Indenture (Wolfspeed, Inc.)
Default Certificate. If a Default or Event of Default occurs, then the Issuer will, within thirty (30) days after its first occurrence, promptly deliver an Officer’s Certificate to the Trustee Purchaser describing the same and what action the Issuer or any Note Party is taking or proposes to take with respect thereto; provided, however, that such notice Issuer will not be required to deliver such notice if such Default or Event of Default Default, as applicable, has been cured or waived before within the date the Issuer is required to deliver such noticeapplicable grace period, if any, provided herein.
Appears in 1 contract