Common use of Event of Default; Notice Clause in Contracts

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereof.

Event of Default; Notice. (a) The Capital Preferred Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of DefaultDefault with respect to this Preferred Securities Guarantee actually known to a Responsible Officer, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all such Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeDefault, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the Capital case of default in the payment of any Guarantee Payment, the Preferred Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Preferred Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Preferred Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Preferred Securities Guarantee shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, or, in the case the Guaranteed Securities are held in global form, in accordance with the applicable procedures of the Depositary (as defined in the Indenture), to the Holders of the Capital SecuritiesHolders, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice, provided that the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Guarantee Agreement shall have obtained actual knowledge thereofof the Event of Default or written notice of such Event of Default shall have been given to the Guarantee Trustee by the Guarantor or by any Holder of Guaranteed Securities.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after a Responsible Officer of the Capital Securities Guarantee Trustee obtains actual knowledge of the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital SecuritiesHolders, notices of all such Events of Default actually known to a such Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereof.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, a default with respect to the Holders of the this Capital Securities, notices of all Events of Default Securities Guarantee actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, mail by first class postage prepaid, to all Holders, notices of all such defaults, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Series A Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor or a Holder, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereof.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the all Holders of the Capital Securities, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereof.

Event of Default; Notice. (a) The Capital Preferred Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Preferred Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeOfficer, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the Capital case of default in the payment of any Guarantee Payment, the Preferred Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors of the Preferred Securities Guaranty Trustee and/or a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Preferred Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Preferred Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration Trust Agreement shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeOfficer, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a Responsible Officer trust committee of directors of the Capital Securities Guarantee Trustee and/or a Responsible Officer in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration Trust Agreement shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeOfficer, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a Responsible Officer trust committee of directors of the Capital Securities Guarantee Guaranty Trustee and/or a Responsible Officer in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration Trust Agreement shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor or a Holder, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, a default with respect to the Holders of the this Capital Securities, notices of all Events of Default Securities Guarantee actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, mail by first class postage prepaid, to all Holders, notices of all such defaults, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Series B Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor or a Holder, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeOfficer, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Series B Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Series B Capital Securities Guarantee shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereof.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after a Responsible Officer of the Capital Securities Guarantee Trustee obtains actual knowledge of the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital SecuritiesHolders, notices of all such Events of Default actually known to a such Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration Capital Securities Guarantee shall have obtained actual knowledge thereof.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of DefaultDefault with respect to this Capital Securities Guarantee actually known to a Responsible Officer, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all such Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeDefault, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Capital Securities Guarantee shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Series B Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor or a Holder, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Series B Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the all Holders of the Series B Capital Securities, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice; provided, provided that that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Series B Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereof.Guarantee

Event of Default; Notice. (a) The Capital Securities ------------------------ Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, ; provided that except in the case of a default in the -------- payment of a Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer except any Event of Default as to which the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofwritten notice of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Convertible Debenture Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Convertible Debenture Guarantee Agreement, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeOfficer, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the Capital Securities case of default in the payment of any amounts due under the Guarantees, the Convertible Debenture Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Convertible Debenture Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Convertible Debenture Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Convertible Debenture Guarantee Agreement shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event a default with respect to this Capital Securities Guarantee known to a Responsible Officer of Defaultthe Capital Securities Guarantee Trustee, transmit mail by mail, first class postage prepaid, to the all Holders of the Series B Capital Securities, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Series B Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that that, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers, of the Capital Securities Guarantee Trustee in good faith determines determine that the withholding of such notice is in the interests of the HoldersHolders of the Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer except any Event of Default as to which the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofwritten notice of.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the New Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Series A Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor or a Holder, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after receipt of notice by a Responsible Officer of the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Preferred Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice; provided, provided in the case of an Event of Default other than a default in payment obligations under the Guarantee, that the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Preferred Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any an Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofof such Event of Default, or unless of which a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration Trust Agreement shall have obtained actual knowledge thereofknowledge.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, ------------------------ within 90 days after the occurrence of an Event of Default, transmit by mail, first first-class postage prepaid, to the Holders of the Capital SecuritiesHolders, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice; provided that, provided that except in the Capital Securities case of a default in the payment of a Guarantee Payment, the Guarantee Trustee shall be protected in withholding such notice if and so long as the Board of Directors, the executive committee or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Guarantee Agreement shall have obtained actual knowledge thereofwritten notice, of such Event of Default at the Corporate Trust Office of the Guarantee Trustee and such notice references this Guarantee Agreement.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Class B Preferred Securities (and, if and for so long as a Trust is the Holder of the Class B Preferred Securities, also to the Holders of the Trust Securities) notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Class B Preferred Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration Guarantee shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Series B Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Trust Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Trust Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeOfficer, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Trust Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Trust Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Trust Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Trust Capital Securities Guarantee shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Trust Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit mail by mail, first first-class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeOfficer, unless such defaults have been cured before the giving of such notice, provided that that, except in the Capital case of default in the payment of any Guarantee Payment, the Trust Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or a Responsible Officer of the Capital Trust Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Trust Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Trust Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Trust Securities Guarantee shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice; PROVIDED that except in the case of a default in the payment of a Guarantee Payment, provided that the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer except any Event of Default as to which the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofwritten notice of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of a default in the payment of a Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the Board of Directors, the executive committee or a trust committee of directors and/or a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless the Capital Guarantee Trustee shall have received written notice, or a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration Capital Securities Guarantee shall have obtained actual knowledge thereofknowledge.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Series A Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor or a Holder, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereof.Capital

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Company Preferred Securities (and, for so long as the Initial Holder is the Holder of the Company Preferred Securities, also to the Holders of the Trust Preferred Securities), notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice; PROVIDED, provided that that, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Company Preferred Securities or Trust Preferred Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Guarantee shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 60 days after the occurrence of an Event of DefaultDefault with respect to this Capital Securities Guarantee, transmit by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events such Event of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have Event of Default has been cured before the giving of such notice; provided, provided that that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Series B Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless the Capital Securities Guarantee Trustee shall have received written notice from the Guarantor or a Holder, or a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereof, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless of which a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge.

Event of Default; Notice. (a) The Capital Securities Trust Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Trust Preferred Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Trust Guarantee TrusteeTrustee who is charged with the administration of this Trust Guarantee, unless such defaults have been cured before the giving of such notice; provided, provided however, that the Capital Securities Trust Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Trust Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Trust Preferred Securities. (b) The Capital Securities Trust Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Trust Guarantee Trustee shall have received written notice thereofnotice, or unless of which a Responsible Officer of the Capital Securities Trust Guarantee Trustee charged with the administration of the Declaration Trust Agreement shall have obtained actual knowledge thereofknowledge.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the all Holders of the Series B Capital Securities, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Series B Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of DefaultDefault with respect to this Capital Securities Guarantee actually known to a Responsible Officer, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all such Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeDefault, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Series A Capital Securities Guarantee shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Company Preferred Securities (and, for so long as the Trust is the Holder of the Company Preferred Securities, also to the Holders of the Trust Securities) notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Company Preferred Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration Guarantee shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Preferred Securities, notices of all Events of Default actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice; provided, provided that that, except in the Capital Securities case of a default by Guarantor on any of its payment obligations, the Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Preferred Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed not to have notice or knowledge of any default or Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereof, referencing this Guarantee, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration Trust Agreement shall have obtained actual knowledge thereof.

Event of Default; Notice. (a) The Capital Securities Trust PIERS Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Trust PIERS Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeOfficer, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the Capital Securities case of default in the payment of any Guarantee Payment, the Trust PIERS Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors of the Trust PIERS Guaranty Trustee and/or a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Trust PIERS Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Trust PIERS Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration Trust Agreement shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holdersholders of the Series B Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor or a Holder, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereof.Capital

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event of Defaulta default with respect to this Capital Securities Guarantee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee TrusteeOfficer, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or a Responsible Officer of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the HoldersHolders of the Series B Capital Securities. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereoffrom the Guarantor, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration this Series B Capital Securities Guarantee shall have obtained actual knowledge thereofknowledge, of such Event of Default.

Event of Default; Notice. (a) The Capital Securities Guarantee Trustee shall, within 90 days after the occurrence of an Event a default with respect to this Capital Securities Guarantee known to a Responsible Officer of Defaultthe Capital Securities Guarantee Trustee, transmit mail by mail, first class postage prepaid, to the Holders of the Capital Securitiesall Holders, notices of all Events of Default defaults actually known to a Responsible Officer of the Capital Securities Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided that provided, that, except in the case of default in the payment of any Guarantee Payment, the Capital Securities Guarantee Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee, or a trust committee of directors and/or Responsible Officer Officers of the Capital Securities Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders. (b) The Capital Securities Guarantee Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer of the Capital Securities Guarantee Trustee shall have received written notice thereofnotice, or unless a Responsible Officer of the Capital Securities Guarantee Trustee charged with the administration of the Declaration shall have obtained actual knowledge thereofknowledge, of such Event of Default.