Common use of Notices of Default Clause in Contracts

Notices of Default. If a Default occurs and is continuing and is known to the Trustee, the Trustee must mail to each Holder of Notes notice of the Default within 90 days after it has become known to the Trustee. Except in the case of a Default in the payment of principal of, premium, if any, interest and Additional Amounts, if any, on any Note, the Trustee may withhold notice if and so long as a committee of Trust Officers determines that withholding notice is in the interests of such Holders of Notes.

Notices of Default. If a Default occurs and is continuing and is actually known to a Trust Officer of the Trustee, the Trustee must mail to each Holder holder of the Notes notice of the Default within 90 days after it has become known to the Trusteeoccurs. Except in the case of a Default in the payment of principal of, premium, if any, interest and Additional Amountsor interest, if any, on any Note, the Trustee may withhold notice if and so long as a committee of Trust Officers the Trustee in good faith determines that withholding notice is in the interests of such Holders holders of the Notes.

Notices of Default. If a Default occurs and is continuing and is known to the Trustee, the Trustee must mail to each Holder of Notes notice of the Default within 90 days after it has become known to the Trustee. Except in the case of a Default in the payment of principal of, premium, if any, interest and Additional Amounts, if any, on any Note, the Trustee may withhold notice if and so long as a committee of Trust Officers determines that withholding notice is in the interests of such Holders of Notes.. -49-

Notices of Default. If a Default occurs and is continuing and is actually known to a Trust Officer of the Trustee, the Trustee must mail to each Holder holder of the Notes notice of the Default within 90 days after it has become known to the Trusteeoccurs. Except in the case of a Default in the payment of principal of, ,premium, if any, interest and Additional Amountsor interest, if any, on any Note, the Trustee may withhold notice if and so long as a committee of Trust Officers the Trustee in good faith determines that withholding notice is in the interests of such Holders holders of the Notes.

Notices of Default. If a Default occurs and is continuing and is known to the Trustee, the Trustee must mail to each Holder of Notes notice of the Default within 90 days after it has become known to the Trustee. Except in the case of a Default in the payment of principal of, premium, if any, interest and Additional Amounts, if any, on any Note, the Trustee may withhold notice if and so long as a committee of Trust Officers determines that withholding notice is in the interests of such Holders of Notes.. -52-

Notices of Default. If a Default occurs and is continuing and is actually known to a Trust Officer of the Trustee, the Trustee must mail to each Holder holder of the Notes notice of the Default within 90 days after it has become known to the Trusteeoccurs. Except in the case of a Default in the payment of principal of, premium, if any, interest and Additional Amountsinterest, if any, on any Note, the Trustee may withhold notice if and so long as a committee of Trust Officers the Trustee in good faith determines that withholding notice is in the interests of such Holders holders of the Notes.