Common use of Notice of Event of Insolvency or Event of Default Clause in Contracts

Notice of Event of Insolvency or Event of Default. The Indenture Trustee shall not be required to take notice of or be deemed to have notice or knowledge of any Event of Servicing Default, Event of Insolvency or Event of Default, unless specifically notified in writing at the address set forth in Section 14.04 or until a Responsible Officer shall have acquired actual knowledge of any Event of Servicing Default, Event of Insolvency or Event of Default.

Notice of Event of Insolvency or Event of Default. The Indenture Trustee shall not be required to take notice of or be deemed to have notice or knowledge of any Event of Servicing Default, Event of Insolvency or Event of Default, unless specifically notified in writing at the address set forth in Section 14.04 or until a Responsible Officer shall have 91 acquired actual knowledge of any Event of Servicing Default, Event of Insolvency or Event of Default.