Common use of Final Payment Notice Clause in Contracts

Final Payment Notice. (a) Notice of final payment under Section 2.11(b) shall be given by the Indenture Trustee as soon as practicable, but not later than two Business Days prior to the Final Payment Date for any particular Class to each Noteholder of such Class as of the close of business on the Record Date preceding the Final Payment Date at such Noteholder’s address appearing in the Note Register and to each Rating Agency, the Insurer and the Issuer. (b) All notices of final payment in respect of any Class of Notes shall state (i) the Final Payment Date for such Notes, (ii) the amount of the final payment for such Notes and (iii) the place where such Notes are to be surrendered for payment. (c) Notice of final payment of any Class of Notes shall be given by the Indenture Trustee in the name and at the expense of the Indenture Trustee. Failure to give notice of final payment, or any defect therein, to any Noteholder shall not impair or affect the validity of the final payment of any other Note.

Final Payment Notice. (a) Notice of final payment under Section 2.11(b2.10(b) shall be given by the Indenture Trustee as soon as practicable, possible but not later than two Business Days prior to the Final Payment Date for any a particular Class to each Noteholder Bondholder of such Class as of the close of business on the Record Date preceding the Final Payment Date for such Class at such Noteholder’s Bondholder's address appearing in the Note Bond Register and to each Rating Agency, and also to the Insurer Company, the Manager and the IssuerOwner Trustee. (b) All notices of final payment in respect of any a Class of Notes Bonds shall state (i) the Final Payment Date for such NotesBonds, (ii) the amount of the final payment for such Notes Bonds and (iii) the place where such Notes Bonds are to be surrendered for payment. (c) Notice of final payment of any Class of Notes the Bonds shall be given by the Indenture Trustee in the name and at the expense of the Indenture Trustee. Failure to give notice of final payment, or any defect therein, to any Noteholder Bondholder shall not impair or affect the validity of the final payment of any other NoteBond.