Common use of NOTICE TO NOTEHOLDERS IF DEFAULT OCCURS Clause in Contracts

NOTICE TO NOTEHOLDERS IF DEFAULT OCCURS. If an Event of Default occurs of which the Trustee is by Section 10.1(l) hereof required to take notice or if notice of an Event of Default be given as in Section 10.1(l) hereof provided, then the Trustee shall promptly, and in any event, within three Business Days, give written notice thereof by overnight mail to the Holders of all Notes Outstanding, shown by the list of Noteholders required by Section 2.9 hereof to be kept at the office of the Trustee.