Common use of Copies of Certain Notices Clause in Contracts

Copies of Certain Notices. Each of Party B and Party A shall deliver to MONY Credit Enhancer and AFSLP Credit Enhancer, respectively, a copy of any notice delivered by it to the other party of the occurrence of any Event of Default or Termination Event under this Agreement, and no such notice shall be deemed effective with respect to the other party unless and until it is also deemed effective with respect to MONY Credit Enhancer or AFSLP Credit Enhancer, as the case may be.

Copies of Certain Notices. Each of AFS and Party B and Party A shall deliver to MONY the AFS Credit Enhancer and AFSLP Credit Enhancer, respectively, a copy of any notice delivered by it to the other party of the occurrence of any Event of Default or Termination Event under this the Agreement, and no such notice shall be deemed effective with respect to the other party Party B unless and until it is also deemed effective with respect to MONY Credit Enhancer or AFSLP the AFS Credit Enhancer, as the case may be.”