Common use of Early Amortization Event/Distribution of Principal Notices Clause in Contracts

Early Amortization Event/Distribution of Principal Notices. Upon the occurrence of an Early Amortization Event or Potential Early Amortization Event with respect to Series 2001-1, the Company or the Master Servicer, as the case may be, shall give prompt written notice thereof to the Trustee. As promptly as reasonably practicable after its receipt of notice of the occurrence of an Early Amortization Event with respect to Series 2001-1, the Trustee shall give notice thereof (i) to each Rating Agency (which notice shall be given in writing not later than the second Business Day after such receipt) and (ii) to each Term Certificateholder.

Early Amortization Event/Distribution of Principal Notices. Upon the occurrence of an Early Amortization Event or Potential Early Amortization Event with respect to Series 20011998-1, the Company or the Master Servicer, as the case may be, shall give prompt written notice thereof to the Trustee. As promptly as reasonably practicable after its receipt of notice of the occurrence of an Early Amortization Event with respect to Series 20011998-1, the Trustee shall give notice thereof (i) to each Rating Agency (which notice shall be given in writing not later than the second Business Day after such receipt) and (ii) to each Term Certificateholder.

Early Amortization Event/Distribution of Principal Notices. Upon the occurrence of an Early Amortization Event or Potential Early Amortization Event with respect to Series 20011996-1, the Company or the Master Servicer, as the case may be, shall give prompt written notice thereof to the Trustee. As promptly as reasonably practicable after its receipt of notice of the occurrence of an Early Amortization Event with respect to Series 20011996-1, the Trustee shall give notice thereof (i) to each Rating Agency (which notice shall be given in writing not later than the second Business Day after such receipt) and (ii) to each Term Certificateholder.