Common use of Notice; Method of Exercising Repurchase Right Clause in Contracts

Notice; Method of Exercising Repurchase Right. (a) On or before the 15th day after the occurrence of a Repurchase Event, the Company, or at the written request of the Company received by the Trustee at least 40 days prior to the Repurchase Date, the Trustee (in the name and at the expense of the Company), in its capacity as tender agent (for which services it shall be reasonably compensated), shall give notice of the occurrence of the Repurchase Event and of the repurchase right set forth herein arising as a result thereof by first-class mail, postage prepaid, to the Trustee and to each Holder of the Securities at such Holder's address appearing in the Security Register. The Company shall also deliver a copy of such notice of a repurchase right to the Trustee. Each notice of a repurchase right shall state:

Notice; Method of Exercising Repurchase Right. (a) On or before the 15th day after the occurrence Within 30 days following a Change of a Repurchase EventControl (as defined in Section 10.6), the CompanyDepositor, or at the written request of the Company Depositor received by the Property Trustee at least 40 days prior to the Repurchase Date, the Property Trustee (in the name and at the expense of the CompanyDepositor), in its capacity as tender agent (for which services it shall be reasonably compensated), shall give notice of the occurrence of the Repurchase Event Change of Control and of the repurchase right set forth herein arising as a result thereof by first-class mail, postage prepaid, to the Property Trustee and to each Holder of the Preferred Securities at such Holder's address appearing in the Security Register. The Company shall also deliver a copy of such notice of a repurchase right to the Trustee. Each notice of a repurchase right shall state:

Notice; Method of Exercising Repurchase Right. (a) On or before the 15th day after the occurrence of a Repurchase Event, the Company, or at the written request of the Company received by the Trustee at least 40 30 days prior to the Repurchase Date, the Trustee (in the name and at the expense of the Company), in its capacity as tender agent (for which services it shall be reasonably compensated), shall give notice of the occurrence of the Repurchase Event and of the repurchase right set forth herein arising as a result thereof by first-class mail, postage prepaid, to the Trustee and to each Holder of the Securities at such Holder's address appearing in the Security Register. The Company shall also deliver a copy of such notice of a repurchase right to the Trustee. Each notice of a repurchase right shall state: