Notification to Trustee Sample Clauses

Notification to Trustee. The Company will notify the Trustee of any exercise of the Option as set forth in the Notice of Exercise. If such notification is delivered during the Lock-Up Period, the Shares issued upon the exercise of the Option shall be issued directly to the Trustee on behalf of the Optionee, and shall be held by the Trustee in trust on behalf of the Optionee, unless the Optionee elects to receive the Shares directly to his possession, pursuant to which the sanctions under Section 102 shall apply and shall be borne solely by the Optionee. In the event such notification is delivered after the Lock-Up Period, the Shares issued upon the exercise of the Option shall be transferred either to the Trustee or to Optionee directly, at the election of Optionee, provided, however, that in the event the Optionee elects to receive the Shares directly to his possession, the transfer thereof shall be subject to the payment of the tax liability by the Optionee.
Notification to Trustee. Concurrently with the delivery to Lender of each certificate representing one or more of the Pledged Securities, (A) Aames Capital shall have (1) notified the Trustee in connection with the related securitization transaction of the pledge of the related Pledged Securities hereunder, and (2) instructed the Trustee to pay all amounts payable to the holders of the Pledged Securities to an account specified by the Lender, in the form of the instruction letter attached hereto as Exhibit K (the "Trustee Instruction Letter") and (B) the Trustee shall have acknowledged in writing the instructions set forth in clause (A) above, and a copy of the fully executed Trustee Instruction Letter shall be delivered to the Lender.
Notification to Trustee. If the Company is obligated to pay any Make-Whole Payment upon Auto-Conversion pursuant to Section 12.12(a), it shall deliver to the Trustee a certificate setting forth the amount of interest actually paid or provided for by the Company with respect to the affected Notes prior to the Auto-Conversion Date. Unless and until the Trustee shall receive such certificate, it shall not be charged with knowledge of the facts required by this Section 12.13 to be set forth therein. In no event will the Trustee be required to inquire into or verify the information required to be set forth in such certificate, other than the amount of interest actually paid by the Trustee as paying agent with respect to the affected Notes. The Trustee need not inquire into or confirm any amount of interest "provided for" by the Company, unless such amount has actually been delivered to the Trustee as paying agent and is being held by the Trustee as paying agent pending distribution to the affected holders.
Notification to Trustee. The Issuer shall promptly notify the Trustee in writing of the execution of any Swap Agreement or Swap Guarantee.
Notification to Trustee. If the Company is obligated to pay any Make-Whole Interest Payment upon conversion of the Debentures pursuant to Section 15.1 or Section 15.12, it shall deliver to the Trustee a certificate setting forth (i) the amount of interest actually paid or provided for by the Company with respect to the affected Debentures prior to the conversion date applicable in Section 15.1 or the Automatic Conversion Date, and (ii) if such Make-Whole Interest Payment upon conversion is payable in Common Stock, the number of shares of Common Stock which is equal to the Make-Whole Interest Payment. Unless and until the Trustee shall receive such certificate, it shall not be charged with knowledge of the facts required by this Section 15.14 to be set forth therein. In no event will the Trustee be required to inquire into or verify the information required to be set forth in such certificate, other than the amount of interest actually paid by the Trustee as paying agent with respect to the affected Debentures. The Trustee need not inquire into or confirm any amount of interest “provided for” by the Company, unless such amount has actually been delivered to the Trustee as paying agent and is being held by the Trustee as paying agent pending distribution to the affected holders.
Notification to Trustee. The Company will notify the Trustee of any exercise of the Option as set forth in the Exercise Notice. The Shares issued upon the exercise of the Option shall be issued directly to the Trustee on behalf of the Optionee, and shall be held by the Trustee in trust on behalf of the Optionee.
Notification to Trustee. The Borrower shall notify the Trustee in writing promptly, but in any event within five Business Days, of the occurrence of any of the following, with respect to the Borrower: (a) any levy of an attachment, execution or other process against its assets, which may materially adversely affect the financial condition or operation of the Borrower; (b) any change in any existing agreement or contract which may materially adversely affect its business or affairs, financial or otherwise; and (c) any change in the ownership or control of the Borrower.
Notification to Trustee. Concurrently with the request to make the Loan pursuant to Section 2.1 above, the Borrower shall have executed an instruction letter in the form attached hereto as Exhibit F (the "Instruction Letter") which (1) notifies each Trustee in connection with the related Securitization Transaction of the pledge of the related Pledged Assets hereunder, and (2) instructs the Trustee to pay all amounts payable to the Borrower with respect to the Pledged Assets to an account specified by the Lender; provided that no Instruction Letter shall be required with respect to any Securitization Transaction for which the related Trustee is a party to the executed Tri-Party Agreement.
Notification to Trustee. The Company will notify the Trustee of any exercise by the Participant of all or part of its Stock Options as set forth in the Exercise Notice(s). If the exercise and such notification are delivered during the Restricted Period, the shares of Common Stock issued upon the exercise of the Stock Option shall be issued directly to the Trustee, and shall be held by the Trustee in trust on the Participant's behalf. In the event that such exercise and notification are delivered after the Restricted Period, the shares of Common Stock issued upon the exercise of the Stock Option shall be transferred either to the Trustee or to the Participant directly, at the Participant's election, provided however, that in the event the Participant elects to receive the shares of Common Stock directly to his possession, the transfer thereof shall be subject to its payment of the applicable taxes it may be liable to pay according to Applicable Law.
Notification to Trustee. If the Company is obligated to pay any Make-Whole Interest Payment upon Automatic Conversion pursuant to Section 15.11(b) or upon a Voluntary Conversion pursuant to Section 15.12, it shall deliver to the Trustee a certificate setting forth (i) the amount of interest actually paid or provided for by the Company with respect to the affected Notes prior to the Automatic Conversion Date or the holder's Voluntary Conversion Date, as applicable, and (ii) if such Make-Whole Interest Payment upon Automatic Conversion or upon a Voluntary Conversion, as applicable, is payable in Common Stock, the number of shares of Common Stock which is equal to the Make-Whole Interest Payment, valued at 90% of the average of the Closing Price for each of the five (5) Trading Days through and including the second Trading Day immediately preceding the Automatic Conversion Date or Voluntary Conversion Date, as applicable. Unless and until the Trustee shall receive such certificate, it shall not be charged with knowledge of the facts required by this Section 15.14 to be set forth therein. In no event will the Trustee be required to inquire into or verify the information required to be set forth in such certificate, other than the amount of interest actually paid by the Trustee as paying agent with respect to the affected Notes. The Trustee need not inquire into or confirm any amount of interest "provided for" by the Company, unless such amount has actually been delivered to the Trustee as paying agent and is being held by the Trustee as paying agent pending distribution to the affected holders.