Common use of Notice of Event of Loss Withdrawal Clause in Contracts

Notice of Event of Loss Withdrawal. Promptly after receipt by the Paying Agent of notice that the Escrow Agent has requested an Event of Loss Withdrawal or that an Event of Loss Withdrawal will be made, the Paying Agent shall cause notice of the distribution of such Event of Loss Withdrawal to be mailed to each of the Receiptholders at its address as it appears in the Register. Such notice shall be mailed not less than 15 days prior to the applicable Event of Loss Withdrawal Date. Such notice shall set forth:

Appears in 38 contracts

Samples: Deposit Agreement, Escrow and Paying Agent Agreement (Delta Air Lines Inc /De/), Escrow and Paying Agent Agreement (American Airlines Inc)

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