Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 143 contracts
Samples: Administration Agreement (Honda Auto Receivables 2010-1 Owner Trust), Indenture (Daimlerchrysler Auto Trust 2008-B), Indenture (World Omni Auto Receivables Trust 2016-A)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty (30) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 61 contracts
Samples: Indenture (Hyundai Abs Funding Corp), Indenture (Hyundai Auto Receivables Trust 2012-B), Indenture (Hyundai Abs Funding Corp)
Notice of Defaults. If a an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and the Administrator notice of the such Event of Default within 90 ninety (90) days after it occurs. Except in the case of a an Event of Default described in payment of principal of Section 5.1(a)(i) or interest on any Note (ii) (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 60 contracts
Samples: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 51 contracts
Samples: Indenture (Harley-Davidson Motorcycle Trust 2009-2), Indenture (Harley Davidson Customer Funding Corp), Indenture (Harley Davidson Customer Funding Corp)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail transmit to each Noteholder notice of the Default within 90 days after it occursobtains such actual knowledge. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 40 contracts
Samples: Indenture (World Omni Auto Receivables Trust 2023-A), Indenture (World Omni Auto Receivables Trust 2022-B), Indenture (World Omni Auto Receivables Trust 2023-B)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible an Authorized Officer of the Indenture TrusteeTrustee has actual knowledge or has received written notice that a Default has occurred and is continuing, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 10 days after it occursof the occurrence thereof. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the such notice if and so long as a committee of its Responsible Authorized Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 30 contracts
Samples: Indenture (Nissan Auto Receivables 2019-C Owner Trust), Indenture (Nissan Auto Receivables 2019-C Owner Trust), Nissan Auto Receivables 2020-a Owner Trust
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 30 contracts
Samples: Indenture (CarMax Auto Owner Trust 2004-1), Indenture (CarMax Auto Owner Trust 2010-2), Indenture (CarMax Auto Owner Trust 2009-1)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture TrusteeTrustee has actual knowledge or has received written notice thereof, the Indenture Trustee shall mail to each Noteholder and the Insurer notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 30 contracts
Samples: Onyx Acceptance Owner Trust 2005-A, Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 29 contracts
Samples: Indenture (Honda Auto Receivables 2016-3 Owner Trust), Indenture (American Honda Receivables LLC), Indenture (Honda Auto Receivables 2021-4 Owner Trust)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture TrusteeOfficer, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 23 contracts
Samples: Indenture (GE Equipment Transportation LLC, Series 2011-1), Indenture (GE Equipment Midticket LLC, Series 2011-1), Indenture (GE Equipment Midticket LLC, Series 2011-1)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and the Administrator notice of the such Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 22 contracts
Samples: Indenture (CarMax Auto Owner Trust 2014-4), Indenture (CarMax Auto Owner Trust 2014-3), Indenture (CarMax Auto Owner Trust 2013-3)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and the Swap Counterparty, if any notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 20 contracts
Samples: Indenture (World Omni Auto Receivables Trust 2009-A), Indenture (World Omni Auto Receivables Trust 2014-A), Indenture (World Omni Auto Receivables Trust 2010-A)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 16 contracts
Samples: Indenture (World Omni Auto Receivables LLC), Indenture (World Omni Auto Receivables Trust 2019-B), Indenture (World Omni Auto Receivables Trust 2017-B)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the best interests of Noteholders.
Appears in 14 contracts
Samples: Indenture (BMW Fs Securities LLC), Indenture (BMW Fs Securities LLC), Indenture (BMW Vehicle Owner Trust 2011-A)
Notice of Defaults. If a Default occurs and is continuing and if it is either actually known to or written notice of the existence thereof has been received by a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder holder of the Notes notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note)Notes, the Indenture Trustee may withhold the notice to the holders of the Notes if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholdersholders of the Notes.
Appears in 14 contracts
Samples: Note Purchase Agreements (National Collegiate Student Loan Trust 2005-2), National Collegiate Student Loan Trust 2006-2, National Collegiate Student Loan Trust 2007-2
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture TrusteeOfficer, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 14 contracts
Samples: Indenture (Case Receivables Ii Inc), Indenture (CNH Receivables Inc), Indenture (Case Receivables Ii Inc)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Trustee Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Trustee Officers in good faith determines that withholding the notice is in the interests of the Noteholders.
Appears in 14 contracts
Samples: Tia Indenture (Ford Credit Auto Receivables Two L P), Indenture (Ford Credit Auto Receivables Two LLC), Note Depository Agreement (Ford Credit Auto Receivables Two LLC)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 14 contracts
Samples: Indenture (Mmca Auto Receivables Trust), Indenture (Mmca Auto Owner Trust 2001-4), Trust Agreement (Mmca Auto Owner Trust 2001-4)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 14 contracts
Samples: Indenture (BMW Vehicle Owner Trust 2001-A), Indenture (National City Bank /), Indenture (National City Auto Receivables Trust 2002-A)
Notice of Defaults. If a an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 12 contracts
Samples: Indenture (Harley-Davidson Motorcycle Trust 2019-A), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2021-A), Indenture (Harley-Davidson Motorcycle Trust 2022-A)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 10 contracts
Samples: Underwriting Agreement (Goldman Sachs Asset Backed Securities Corp), Indenture (Central Originating Lease Trust), Indenture (Wholesale Auto Receivables Corp)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture TrusteeTrustee has actual knowledge thereof, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty (30) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the best interests of Noteholders.
Appears in 10 contracts
Samples: Indenture (BMW Vehicle Owner Trust 2019-A), Indenture (BMW Vehicle Owner Trust 2019-A), Indenture (BMW Vehicle Owner Trust 2023-A)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to the Note Insurer and each Noteholder Owner notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of NoteholdersOwners.
Appears in 9 contracts
Samples: Indenture (Imc Home Equity Loan Owner Trust 1998-4), Indenture (Imc Securities Inc), Indenture (Imc Home Equity Loan Owner Trust 1998-7)
Notice of Defaults. If a Default occurs and is continuing and if it is either actually known or written notice of the existence thereof has been delivered to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it such knowledge or notice occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 8 contracts
Samples: M&i Dealer Auto Securitization LLC, Amsouth Auto Corp Inc, Bas Securitization LLC
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and the Swap Counterparty notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 7 contracts
Samples: Indenture (World Omni Auto Receivables LLC), Indenture (World Omni Auto Receivables Trust 2008-A), Indenture (Honda Auto Receivables 2008-2 Owner Trust)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 7 contracts
Samples: Indenture (Pooled Auto Securities Shelf LLC), Wachovia Auto Owner Trust 2004-B, Wachovia Auto Owner Trust 2005-B
Notice of Defaults. If a Default occurs shall have occurred and is be continuing and if it is known to a Responsible Officer of the Indenture TrusteeTrustee shall have actual knowledge or shall have received written notice thereof, the Indenture Trustee shall mail to each Noteholder and the Insurer notice of the Default within 90 days after it occursshall have occurred. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee one of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 7 contracts
Samples: Indenture (Uacsc 2001-a Owner Trust), Indenture (Uacsc Auto Trusts Uacsc 2000-B Owner Trust Auto Rec Bac Note), Indenture (Uacsc Auto Trusts)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture TrusteeOfficer, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 7 contracts
Samples: Indenture (Cef Equipment Holding LLC), Cef Equipment Holding LLC, Cef Equipment Holding LLC
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 6 contracts
Samples: Indenture (Greatamerica Leasing Receivables 2001-1 LLC), Indenture (Greatamerica Leasing Receivables 2000-1 LLC), Indenture (Greatamerica Leasing Receivables 2000-1 LLC)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Note Trustee, the Indenture Note Trustee shall mail to the Agencies, each Noteholder Holder of Notes and to the Rating Agencies notice of the Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Note Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith after consultation with the Certificate Trustee determines that withholding the notice is in the interests of NoteholdersNoteholders and the Certificateholders.
Appears in 5 contracts
Samples: Note Indenture (BEC Funding II, LLC), Note Indenture (CEC Funding, LLC), Note Indenture (BEC Funding II, LLC)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail transmit to each Noteholder notice of the Default within 90 days after it occursobtains such actual knowledge. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 4 contracts
Samples: Indenture (World Omni LT), Indenture (World Omni LT), Indenture (World Omni LT)
Notice of Defaults. If a an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Event of Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 4 contracts
Samples: Indenture (Harley-Davidson Motorcycle Trust 2023-A), Indenture (Harley-Davidson Motorcycle Trust 2023-B), Indenture (Harley-Davidson Motorcycle Trust 2023-B)
Notice of Defaults. If a an Event of Default occurs and is continuing and if it is either actually known to by, or written notice of the existence thereof has been delivered to, a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it such knowledge or notice occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 4 contracts
Samples: Household Automotive Trust 2001-1, Indenture (Household Automotive Trust Iv Series 2000-1), Household Automotive Trust v Series 2000 2
Notice of Defaults. If a Default occurs and is ------------------ continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 30 days after it occurssuch Responsible Officer obtained knowledge of such Default. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 4 contracts
Samples: Indenture (Navistar Financial Retail Receivables Corporation), Indenture (Navistar Financial Retail Receivables Corporation), Servicing Agreement (Navistar Financial Retail Receivables Corporation)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Purchase and Servicing Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1), Indenture (Morgan Stanley Auto Loan Trust 2003-Hb1), Indenture (Morgan Stanley Auto Loan Trust 2004-Hb2)
Notice of Defaults. If a an Unmatured Event of Default occurs and is continuing and if it is actually known to a Responsible Trustee Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Unmatured Event of Default within 90 ninety (90) days after it occurs. Except in the case of a an Unmatured Event of Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Trustee Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Indenture (GS Auto Loan Trust 2005-1), Indenture (GS Auto Loan Trust 2006-1), Indenture (GS Auto Loan Trust 2007-1)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 30 days after it occurssuch Responsible Officer obtained knowledge of such Default. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Indenture (Navistar Financial Retail Receivables Corporation), Indenture (Navistar Financial Retail Receivables Corporation), Navistar Financial Retail Receivables Corporation
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and the Swap Counterparty notice of the such Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to the Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Indenture (Wachovia Auto Loan Owner Trust 2007-1), Indenture (Wachovia Auto Owner Trust 2008-A), Wachovia Auto Loan Owner Trust 2008-1
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Trustee Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Trustee Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Indenture (USAA Auto Owner Trust 2007-2), Indenture (USAA Auto Owner Trust 2008-1), Usaa Acceptance LLC
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to the Swap Counterparty and each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of NoteholdersNoteholders and the Swap Counterparty, as applicable.
Appears in 3 contracts
Samples: Indenture (Harley-Davidson Motorcycle Trust 2008-1), Sale and Servicing Agreement and Trust Agreement (Harley-Davidson Motorcycle Trust 2007-3), Indenture (Harley Davidson Customer Funding Corp)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Indenture (Mercedes-Benz Auto Receivables Trust 2009-1), Indenture (Daimler Retail Receivables LLC), Mercedes-Benz Auto Receivables Trust 2010-1
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the such notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Gs Mortgage Securities Corp, Gs Mortgage Securities Corp, Goldman Sachs Asset Backed Securities Corp
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Indenture (Deutsche Recreational Asset Funding Corp), Indenture (Deutsche Recreational Asset Funding Corp), Deutsche Recreational Asset Funding Corp
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Trustee Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Trustee Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Gmac Servicing Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2004-1), Indenture (Bear Stearns Asset Backed Whole Auto Loan Trust 2003-1), Ford Credit Auto Receivables Two LLC
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in the payment of principal of of, premium, if any, or interest or Liquidated Damages, if any, on any Note (including payments pursuant to the mandatory redemption provisions of such Note, if any), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Trust Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Indenture (Phoenix Md Realty LLC), Indenture (Susquehanna Media Co), Indenture (Galey & Lord Inc)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to the Securities Insurer and each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Indenture (Firstplus Investment Corp), Firstplus Investment Corp, Equivantage Acceptance Corp
Notice of Defaults. If a Default occurs shall have occurred and is be continuing and if it is known to a Responsible Officer of the Indenture TrusteeTrustee shall have actual knowledge or shall have received written notice thereof, the Indenture Trustee shall mail to each Noteholder and the Insurer notice of the Default within 90 days after it occursshall have occurred. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Indenture (Uacsc 2000-a Owner Trust Auto Rec Backed Notes), Indenture (Uacsc Auto Trusts Uacsc 1999-C Owner Trust Auto Rec Bac Note), Indenture (Uacsc Auto Trusts Uacsc 1999-D Owner Trust Auto Rec Bac Note)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 60 days after it occursobtaining actual knowledge of the occurrence thereof. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Indenture (Wodfi LLC), Indenture (Wodfi LLC)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder [and the Swap Counterparty] notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Indenture (World Omni Auto Receivables LLC), American Honda Receivables Corp
Notice of Defaults. If a Default occurs and is continuing and if it is known written notice of the existence thereof has been delivered to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default to each Noteholder and the Swap Counterparty within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Master Indenture (Crestar Securitization LLC), Crestar Bank /Va
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to the Rating Agencies, the Note Insurer and each Noteholder Owner notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of NoteholdersOwners.
Appears in 2 contracts
Samples: First Alliance Mortgage Loan Trust 1998-1f, First Alliance Mortgage Loan Trust 1998-1a
Notice of Defaults. If a Default occurs and is ------------------ continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the such notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Asset Backed Securities Corp, Asset Backed Securities Corp
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to the Rating Agencies, the Note Insurer and each Noteholder Owner notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to each Owner if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of NoteholdersOwners.
Appears in 2 contracts
Samples: Indenture (First Alliance Mortgage Loan Trust 1998-2), First Alliance Mortgage Loan Trust 1998-2
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty (30) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. 40 (2020-B Indenture)
Appears in 2 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2020-B), Indenture (Hyundai Auto Receivables Trust 2020-B)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture TrusteeOfficer, the Indenture Trustee shall mail to each Counterparty and each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of NoteholdersNoteholders and the Counterparties.
Appears in 2 contracts
Samples: Indenture (CNH Capital Receivables Inc), CNH Capital Receivables Inc
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. SECTION 6.6
Appears in 2 contracts
Samples: Mmca Auto Receivables Inc, Mmca Auto Receivables Inc
Notice of Defaults. If a Default occurs and is ------------------ continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Indenture (Pooled Auto Securities Shelf LLC), Pooled Auto Securities Shelf LLC
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty (30) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. 40 (2021-A Indenture)
Appears in 2 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2021-A), Indenture (Hyundai Auto Receivables Trust 2021-A)
Notice of Defaults. If a Default occurs and is continuing and only if it is actually known to a Responsible an Authorized Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 60 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Exhibit 99 (First Security Auto Owner Trust 1999 1), First Security Auto Owner Trust 1998-1
Notice of Defaults. If a Default occurs and is continuing ------------------ and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory [mandatory] redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Indenture (Deutsche Recreational Asset Funding Corp), Deutsche Recreational Asset Funding Corp
Notice of Defaults. If a an Event of Default occurs and is continuing and if it is either actually known to by, or written notice of the existence thereof has been delivered to, a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it such knowledge or notice occurs. Except in the case of a an Event of Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Indenture (HSBC Automotive Trust (USA) 2006-1), Indenture (HSBC Automotive Trust (USA) 2007-1)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty (30) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. 41 (2021-C Indenture)
Appears in 2 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2021-C), Indenture (Hyundai Auto Receivables Trust 2021-C)
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty (30) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. 42 (2022-B Indenture)
Appears in 2 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2022-B), Indenture (Hyundai Auto Receivables Trust 2022-B)
Notice of Defaults. If a Default occurs and is continuing ------------------ and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Indenture (World Omni Auto Receivables LLC), World Omni Auto Receivables LLC
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and the Security Insurer notice of the Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture TrusteeOfficer, the Indenture Trustee shall mail to each Indenture Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Indenture Note (including payments pursuant to the mandatory redemption provisions of such Indenture Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Indenture Noteholders.
Appears in 1 contract
Samples: Case Receivables Ii Inc
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. 34 40 SECTION 6.6
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty (30) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. 43 (2013-B Indenture)
Appears in 1 contract
Samples: Indenture (Hyundai Abs Funding Corp)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 60 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: First Security Bank Na
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and the Security Insurer notice of the Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders. SECTION 6.06.
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Capital Auto Receivables Inc
Notice of Defaults. If a Default occurs and is continuing and if it is known or written notice of the existence thereof has been delivered to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it such knowledge or notice occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Dealer Auto Receivables Corp)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture TrusteeTrustee has actual knowledge or has received written notice thereof, the Indenture Trustee shall mail to each Noteholder Note Holder notice of the Default within 90 days five Business Days after it occursobtaining such actual knowledge or receiving such written notice. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of NoteholdersNote Holders.
Appears in 1 contract
Samples: Onyx Acceptance Corp
Notice of Defaults. If a Default occurs and is continuing and ------------------ if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 30 days after it occurssuch Responsible Officer obtained knowledge of such Default. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 45 days after it such knowledge occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder Registered Owner notice of the Default within 90 10 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of NoteholdersRegistered Owners.
Appears in 1 contract
Samples: Indenture (Bluegreen Corp)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder Securityholder notice of the Default within 90 30 days after it occursis known by a Responsible Officer or written notice is received by the Trustee. Except in the case of a Default in payment of principal of or interest on any Note Security (including payments pursuant to the mandatory redemption provisions of such NoteSecurity, if any), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of NoteholdersSecurityholders.
Appears in 1 contract
Samples: General Automation Inc/Il
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to the Note Insurer and each Noteholder Owner notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of NoteholdersOwners.
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing and if it is either actually known or written notice of the existence thereof has been delivered to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it such knowledge or notice occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Oxford Resources Corp
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty (30) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. (2010-B Indenture)
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture TrusteeTrustee knows that a Default has occurred and is continuing, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 10 days after it occursof the occurrence thereof. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may (Nissan 2009-1 Indenture) 40 withhold the such notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Indenture (Nissan Auto Receivables 2009-1 Owner Trust)
Notice of Defaults. If a Default occurs and is continuing and if it is known written notice of the existence thereof has been delivered to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default to each Noteholder within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Indenture (Crestar Bank /Va)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and the Note Insurer notice of the Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: First Merchants Acceptance Corp
Notice of Defaults. If a an Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a an Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Indenture (Banc One Abs Corp)
Notice of Defaults. If a Default occurs and is continuing and if it is either actually known or written notice of the existence thereof has been delivered to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default to each Noteholder and the Swap Counterparty within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: PNC Student Loan Trust I
Notice of Defaults. If a Default occurs and is ------------------ continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing continui ng and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and the Security Insurer notice of the Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the such Default within 90 ninety (90) days after it occurs. Except in the case of a Default in payment of 63 72 principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty (30) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. 42 (2022-C Indenture)
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing ------------------ and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing ------------------ and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to the Insurer and each Noteholder notice of the Default within 90 30 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Pooled Auto Securities Shelf LLC
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture TrusteeTrustee knows that a Default has occurred and is continuing, the Indenture Trustee shall mail to each Noteholder and the Swap Counterparty notice of the such Default within 90 10 days after it occursof the occurrence thereof. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the such notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. (Nissan 2008-C Indenture)
Appears in 1 contract
Samples: Indenture (Nissan Auto Receivables 2008-C Owner Trust)
Notice of Defaults. If a Default occurs and is ------------------ continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 60 days after it occursobtaining actual knowledge of the occurrence thereof. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Notice of Defaults. If a an Indenture Default occurs and is continuing continuing, and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder and each Rating Agency notice of the such Indenture Default within 90 days after it occurs. Except in the case of a an Indenture Default in with respect to payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the such notice if and so long as a committee of its Responsible Officers Officer in good faith determines that withholding the such notice is in the interests of the Noteholders.
Appears in 1 contract
Samples: Indenture (Volkswagen Public Auto Loan Securitization LLC)
Notice of Defaults. If a Default occurs and is ------------------ continuing and only if it is actually known to a Responsible an Authorized Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 60 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Indenture (First Security Bank Na)
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture TrusteeTrustee has actual knowledge or has received written notice thereof, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Onyx Acceptance Corp
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests interest of Noteholders.
Appears in 1 contract
Samples: BLG Securities Company, LLC
Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 thirty (30) days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such Note), the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.. 47 (2015-C Indenture)
Appears in 1 contract
Notice of Defaults. If a Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trusteecontinuing, the Indenture Trustee shall mail to each Noteholder Noteholders a notice of the Default Default, if known to the Trustee, within 90 days after it occurs. In the absence of notice to the contrary, the Trustee shall be entitled to assume that such obligations are outstanding. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant the failure to the make a mandatory redemption provisions of such Notepursuant hereto), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in not opposed to the interests of Noteholders.
Appears in 1 contract
Samples: Indenture (Westinghouse Air Brake Technologies Corp)
Notice of Defaults. If a Default occurs and is continuing ------------------ and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder notice of the Default within 90 days after it occurs. Except in the case of a Default in payment of principal of or interest on any Note (including payments pursuant to the mandatory redemption provisions of such NoteNotes), the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Mitsui Vendor Leasing 1998-1 LLC