Minimum Notice Period. If, pursuant to applicable laws, prior notice of any action described in Section 1 of this Exhibit D is required to be given to Exchange Offering Indenture Trustee and the Exchange Offering Noteholders, Exchange Offering Indenture Trustee, on behalf of itself and the Exchange Offering Noteholders, hereby acknowledges that the minimum time required by such applicable laws, or, if no minimum time is specified, twenty (20) calendar days, shall be deemed a reasonable notice period.
Appears in 2 contracts
Sources: Indenture Agreement (IMH Financial Corp), Indenture Agreement (IMH Financial Corp)