Common use of Notice of Event of Default Clause in Contracts

Notice of Event of Default. 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 an Event of Default in payment of principal of or interest on any 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: Credit Suisse First Boston Mortgage Securities Corp, Deutsche Mortgage Securities Inc, Home Loan Trust 2006-Hi1

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Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder notice of the any Event of Default within 90 days promptly after it such Event of Default occurs. Except in the case of an Event of Default in relating to the payment of principal of or interest on any Note, the Indenture Trustee may withhold such notice to the notice Noteholders only if and for so long as a committee of its Responsible Officers in good faith determines that withholding the such notice is in the interests of the Noteholders.

Appears in 8 contracts

Samples: Irwin Whole Loan Home Equity Trust 2005-A, Irwin Home Equity Loan Trust 2005-1, Material Definitive Agreement (Bear Stearns Asset Backed Securities I LLC)

Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder Noteholder, each Hedge Counterparty and the Owner Trustee notice of the an Event of Default within 90 30 days after it occursthe Indenture Trustee has actual knowledge thereof in accordance with Section 6.01. Except in the case of an Event of Default in payment of principal of or interest on any 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 Hedge Counterparties.

Appears in 5 contracts

Samples: Indenture (Capitalsource Inc), Indenture (Capitalsource Inc), Indenture (Capitalsource Inc)

Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder notice of the Event of Default within 90 10 days after it occursis known to a Responsible Officer of the Indenture Trustee, unless such Event of Default shall have been waived or cured. Except in the case of an Event of Default in payment of principal of or interest on any 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 (Imh Assets Corp), Indenture (Impac Secured Assets CMN Trust Series 1998-1), Indenture (Southern Pacific Secured Assets Corp)

Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder notice of the an Event of Default of which a Responsible Officer of the Indenture Trustee has actual knowledge within the later of 90 days after it occursoccurs and 90 days after such Responsible Officer’s knowledge thereof. Except in the case of an Event of Default in payment of principal of or interest on any 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 (CSFB Acceptance Corp Home Equity Loan Back Notes Ser 2003-A), Irwin Whole Loan Home Equity Trust 2005-B, Irwin Whole Loan Home Equity Trust 2005-C

Notice of Event of Default. The If 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 an Event of Default in payment of principal of or interest on any 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: Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-2), Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-1)

Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder Bondholder notice of the Event of Default within 90 10 days after it occursis known to a Responsible Officer of the Indenture Trustee, unless such Event of Default shall have been waived or cured. Except in the case of an Event of Default in payment of principal of or interest on any NoteBond, 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 NoteholdersBondholders.

Appears in 2 contracts

Samples: Indenture (Impac CMB Trust Series 1998-2), Imh Assets Corp

Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder Holder notice of the an Event of Default within 90 thirty (30) days after it occursthe Indenture Trustee has actual knowledge thereof in accordance with Section 6.01. Except in the case of an Event of Default in payment of principal of or interest on any 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 NoteholdersHolders.

Appears in 2 contracts

Samples: Indenture (Officemax Inc), Indenture (Officemax Inc)

Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder notice of the such Event of Default within 90 days after it occurs. Except in the case of an Event of Default in with respect to the payment of principal of or interest on any 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 such notice is in the interests of the Noteholders.

Appears in 2 contracts

Samples: Residential Asset Mortgage Products Inc, Residential Asset Mortgage Products Inc

Notice of Event of Default. The Indenture Trustee shall mail to [the Note Insurer] [each Noteholder Noteholder] notice of the Event of Default within 90 10 days after it occursis known to a Responsible Officer of the Indenture Trustee, unless such Event of Default shall have been waived or cured. Except in the case of an Event of Default in payment of principal of or interest on any 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: Default And (Superior Bank FSB)

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Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder notice of the Event of Default within 90 30 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any 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: GE-WMC Mortgage Securities, L.L.C.

Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder notice of the any Event of Default within 90 days and to the Enhancer immediately after it such Event of Default occurs. Except in the case of an Event of Default in relating to the payment of principal of or interest on any Note, the Indenture Trustee may withhold such notice to the notice Noteholders only if and for so long as a committee of its Responsible Officers in good faith determines that withholding the such notice is in the interests of the Noteholders.

Appears in 1 contract

Samples: Bear Stearns Asset Backed Sec Inc Irwin Home Eq Lo Tr 1999-2

Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder and the Owner Trustee notice of the an Event of Default within 90 ninety (90) days after it occursthe Indenture Trustee has actual knowledge thereof in accordance with Section 6.01. Except in ------------ the case of an Event of Default in payment of principal of or interest on any 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 (MCG Capital Corp)

Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder and the Owner Trustee notice of the an Event of Default within 90 30 days after it occursthe Indenture Trustee has actual knowledge thereof in accordance with Section 6.01. Except in the case of an Event of Default in payment of principal of or interest on any 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 (Capitalsource Inc)

Notice of Event of Default. The Indenture Trustee shall mail to each Noteholder notice of the an Event of Default of which a Responsible Officer of the Indenture Trustee has actual knowledge within the later of 90 days after it occursoccurs and 90 days after such Responsible Officer's knowledge thereof. Except in the case of an Event of Default in payment of principal of or interest on any 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: Home Equity Loan-Backed Notes Series 2003-D

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