Common use of Notice of Events of Default Clause in Contracts

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Appears in 28 contracts

Sources: Indenture (Duke Energy Carolinas SC Storm Funding LLC), Indenture (Duke Energy Carolinas NC Storm Funding II LLC), Indenture (Duke Energy Carolinas NC Storm Funding II LLC)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Appears in 23 contracts

Sources: Indenture (Consumers 2023 Securitization Funding LLC), Indenture (Consumers 2023 Securitization Funding LLC), Indenture (PNM Energy Transition Bond Co I, LLC)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission PUCT and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Appears in 12 contracts

Sources: Indenture (Entergy Texas, Inc.), Indenture (Entergy Texas, Inc.), Indenture (Entergy Texas, Inc.)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission MPSC and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing AgreementAgreement with respect to the Securitized Utility Tariff Property, respectively.

Appears in 6 contracts

Sources: Indenture (Evergy Missouri West Storm Funding I, LLC), Indenture (Evergy Missouri West Storm Funding I, LLC), Indenture (Empire District Bondco, LLC)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, with respect to the Storm Recovery Property respectively.

Appears in 6 contracts

Sources: Indenture (Duke Energy Progress NC Storm Funding LLC), Indenture (Duke Energy Progress NC Storm Funding LLC), Indenture (Duke Energy Progress NC Storm Funding LLC)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission MPSC and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Appears in 6 contracts

Sources: Indenture (Evergy Missouri West Storm Funding I, LLC), Indenture (Evergy Missouri West Storm Funding I, LLC), Indenture (Empire District Bondco, LLC)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice in the form of an Officer’s Certificate of each Default or Event of Default hereunder as provided in Section 5.01, and upon the actual knowledge of a Responsible Officer of the Issuer thereof each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Appears in 4 contracts

Sources: Indenture (Cleco Securitization II LLC), Indenture (Cleco Securitization II LLC), Indenture (Cleco Power LLC)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01and, immediately after obtaining knowledge of any of the following occurrences, written notice of each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Servicer CFSC of its obligations under the Sale Agreement or the Servicing Purchase Agreement, respectively.

Appears in 4 contracts

Sources: Indenture (Caterpillar Financial Funding Corp), Indenture (Caterpillar Financial Funding Corp), Indenture (Caterpillar Financial Funding Corp)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01and, and immediately after obtaining knowledge of any of the following occurrences, written notice of each default on the part of the Seller Servicer or the Servicer Transferor of its obligations under the Sale Agreement or the Transfer and Servicing Agreement, respectivelyeach default on the part of a Seller of its obligations under the Receivables Purchase Agreement and any action taken by the Indenture Trustee pursuant to Section 5.05.

Appears in 4 contracts

Sources: Master Indenture (Nordstrom Inc), Master Indenture (Nordstrom Credit Inc), Master Indenture (Nordstrom Inc)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, Trustee (in the Commission form of an Officer’s Certificate) and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Appears in 3 contracts

Sources: Indenture (Virginia Power Fuel Securitization, LLC), Indenture (Virginia Power Fuel Securitization, LLC), Indenture (Virginia Power Fuel Securitization, LLC)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Council and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Appears in 3 contracts

Sources: Indenture (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Indenture (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Indenture (Entergy New Orleans Storm Recovery Funding I, L.L.C.)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01hereunder, and each Servicer Default, each default on the part of the Seller or the Servicer of its obligations under the Trust Sale and Servicing Agreement or and each default on the part of GMAC of its obligations under the Pooling and Servicing Agreement, respectively.

Appears in 2 contracts

Sources: Indenture (Capital Auto Receivables Inc), Indenture (Central Originating Lease Trust)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission LPSC and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Appears in 2 contracts

Sources: Indenture (Entergy Louisiana Investment Recovery Funding I, L.L.C.), Indenture (Entergy Louisiana Investment Recovery Funding I, L.L.C.)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Appears in 2 contracts

Sources: Indenture (PSNH Funding LLC 3), Indenture (PSNH Funding LLC 3)

Notice of Events of Default. The Issuer agrees to give the Indenture Trustee, the Commission Rating Agencies, and the Rating Agencies Commission prompt written notice of each Default or Event of Default hereunder as provided in Section 5.01, and each default on the part of the Seller or the Servicer of its obligations under the Sale Agreement or the Servicing Agreement, respectively.

Appears in 1 contract

Sources: Indenture

Notice of Events of Default. The Issuer agrees to shall give the Indenture Trustee, the Commission Trustee and the Rating Agencies prompt written notice of each Default or Event of Default hereunder as provided hereunder, each default on the part of the Servicer of its obligations under the Servicing Agreement (and, in Section 5.01the case of a Servicer Default, shall specify in such notice the action, if any, the Issuer is taking with respect to such default) and each default on the part of the Seller or the Servicer Purchaser of its obligations under the Purchase and Sale Agreement or the Servicing Agreement, respectively.

Appears in 1 contract

Sources: Indenture (GE TF Trust)