Common use of Purchase and Sale Termination Events Clause in Contracts

Purchase and Sale Termination Events. As soon as possible and in any event within five Business Days after becoming aware of the occurrence of any Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event, a statement of a financial officer of such Originator setting forth details of such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the actions taken and proposed to be taken with respect thereto;

Purchase and Sale Termination Events. As soon as possible after the occurrence of, and in any event within five three Business Days after becoming aware of the occurrence of any of, each Purchase and Sale Termination Event or each Unmatured Purchase and Sale Termination EventEvent in respect of such Originator, a written statement of a the chief financial officer or chief accounting officer of such Originator setting forth details of describing such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the actions taken and proposed action that such Originator proposes to be taken take with respect thereto, in each case in reasonable detail;