Common use of Certain Notices Clause in Contracts

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, the Administrative Trustees and the Depositor, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the Holders, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 13 contracts

Samples: Trust Agreement (South Carolina Electric & Gas Co), Trust Agreement (Fifth Third Capital Trust Iv), Trust Agreement (Fifth Third Capital Trust Iv)

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Certain Notices. Within five Business Days ninety days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's ’s exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 10 contracts

Samples: Trust Agreement (BB&T Capital Trust II), Trust Agreement (Bb&t Corp), Trust Agreement (Bb&t Corp)

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the HoldersHolder, the Administrative Trustees Trustees, and the Depositor, Depositor unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 9 contracts

Samples: Trust Indenture Trust Agreement (Seacoast Financial Services Corp), Trust Agreement (Bank of New York Co Inc), Trust Indenture Trust Agreement (Sterling Bancorp Trust I)

Certain Notices. Within five Business Days ninety days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 7 contracts

Samples: Trust Agreement (Bb&t Capital Trust I), Trust Agreement (Bb&t Corp), Trust Agreement (Bb&t Capital Trust I)

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 5 contracts

Samples: Trust Agreement (Northern Trust Corp), Trust Agreement (NTC Capital Iii), Trust Agreement (Bny Capital V)

Certain Notices. Within five Business Days ten days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 5 contracts

Samples: Trust Agreement (Indymac Capital Trust I), Trust Agreement (Indymac Capital Trust I), Trust Agreement (Indymac Capital Trust I)

Certain Notices. Within five Business Days ten days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's ’s exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 4 contracts

Samples: Declaration of Trust and Trust Agreement (Superior Bancorp), Declaration of Trust (Popular Inc), Declaration of Trust (Popular Inc)

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustee, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice notice, or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge knowledge, of such Event of Default.

Appears in 4 contracts

Samples: Trust Agreement (Colonial Bancgroup Inc), Trust Agreement (Centura Banks Inc), Trust Agreement (Colonial Bancgroup Inc)

Certain Notices. Within five Business Days 90 days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's ’s exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 3 contracts

Samples: Trust Agreement (Bb&t Corp), Trust Agreement (Bb&t Corp), Trust Agreement (Bb&t Corp)

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to a Responsible Officer of the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, the Administrative Trustees Holders and the DepositorAdministrators, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrators, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 2 contracts

Samples: Trust Agreement (CSC Capital Iii), Trust Agreement (American Express Co Capital Trust Ii)

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustee, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice notice, or a Responsible Officer an officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge knowledge, of such Event of Default.

Appears in 2 contracts

Samples: Trust Agreement (Southern States Capital Trust I), Trust Agreement (Southern States Capital Trust Ii)

Certain Notices. Within five Business Days ninety days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, the Administrative Trustees Trustee and the Depositor, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of written notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice notice, or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge knowledge, of such Event of Default.

Appears in 2 contracts

Samples: Trust Agreement (First Hawaiian Capital I), Trust Agreement (DPL Inc)

Certain Notices. Within five Business Days calendar days after the occurrence of any Trust Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Trust Event of Default to the Holders, the Administrative Trustees and the Depositor, unless such Trust Event of Default shall have been cured or waived. Within five Business Days calendar days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the Holders, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Trust Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Trust Event of Default.

Appears in 2 contracts

Samples: Trust Agreement (Popular North America Capital Trust Iii), Trust Agreement (Popular North America Capital Trust I)

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, the Administrative Trustees Holders and the DepositorAdministrators, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrators, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 2 contracts

Samples: Trust Agreement (State Street Boston Corp), Trust Agreement (State Street Boston Corp)

Certain Notices. Within five Business Days ten days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of written notice of the Depositor's ’s exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless either (a) the Property Trustee shall have received written notice thereof from the Depositor, an Administrative Trustee, or a Holder or (b) a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 1 contract

Samples: Declaration of Trust (First Merchants Corp)

Certain Notices. Within five Business Days thirty days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.812.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's ’s exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.812.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 1 contract

Samples: Trust Agreement (Marshall & Ilsley Corp/Wi/)

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, the Administrative Trustees and the Depositor, Depositor unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice notice, or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge knowledge, of such Event of Default.

Appears in 1 contract

Samples: Trust Agreement (Bt Capital Trust B)

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Certain Notices. Within five Business Days ninety days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.810.8 and the Trust Indenture Act, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 1 contract

Samples: Trust Agreement (Visteon Corp)

Certain Notices. Within five Business Days calendar days after the occurrence of any Trust Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Trust Event of Default to the Holders, the Administrative Trustees and the Depositor, unless such Trust Event of Default shall have been cured or waived. Within five Business Days calendar days after the receipt of notice of the Depositor's ’s exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the Holders, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Trust Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Trust Event of Default.

Appears in 1 contract

Samples: Trust Agreement (Popular Inc)

Certain Notices. Within five Business Days thirty (30) days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustee, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the IndentureDebentures, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice notice, or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge knowledge, of such Event of Default.

Appears in 1 contract

Samples: Trust Agreement (HSB Group Inc)

Certain Notices. Within five Business Days 90 days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, the Administrative Trustees and the Depositor, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the Holders, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default. Within five Business Days after the receipt of notice of the Depositor’s exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the Holders and the Administrative Trustees, unless such exercise shall have been revoked.

Appears in 1 contract

Samples: Trust Agreement (State Street Corp)

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures Debt Securities pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 1 contract

Samples: Trust Agreement (Northern Trust Corp)

Certain Notices. 252 Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, the Administrative Trustees and the Depositor, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the Holders, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 1 contract

Samples: Trust Agreement (Scana Corp)

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, the Administrative Trustees and the Depositor, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's ’s exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the Holders, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 1 contract

Samples: Trust Agreement (Popular Inc)

Certain Notices. Within five Business Days thirty days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's ’s exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 1 contract

Samples: Trust Agreement (M&i Capital Trust C)

Certain Notices. Within five Business Days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such Event of Default to the Holders, the Administrative Trustees and the Depositor, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the Holders, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer an officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 1 contract

Samples: Trust Agreement (Dime Bancorp Inc)

Certain Notices. Within five Business Days thirty days after the occurrence of any Event of Default actually known to the Property Trustee, the Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8313(c) of the Trust Indenture Act, notice of such Event of Default to the Holders, Holders and the Administrative Trustees and the DepositorTrustees, unless such Event of Default shall have been cured or waived. Within five Business Days after the receipt of notice of the Depositor's exercise of its right to defer the payment of interest on the Debentures pursuant to the Indenture, the Administrative Trustees Property Trustee shall transmit, in the manner and to the extent provided in Section 10.8, notice of such exercise to the HoldersHolders and the Administrative Trustees, unless such exercise shall have been revoked. The Property Trustee shall not be deemed to have knowledge of any Event of Default unless the Property Trustee shall have received written notice or a Responsible Officer of the Property Trustee charged with the administration of this Trust Agreement shall have obtained actual knowledge of such Event of Default.

Appears in 1 contract

Samples: Trust Agreement (South Financial Group Inc)

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