Examples of Non-Monetary Default Notice in a sentence
The Servicing Agreement shall provide that Servicer shall promptly deliver to the Holders upon its receipt thereof any written notice of (i) a monetary default under Section 12(b) of the Intercreditor Agreement (a “Monetary Default Notice”) or (ii) an uncured non-monetary default under Section 12(c) of the Intercreditor Agreement (an “Uncured Non-Monetary Default Notice”; and Servicer’s receipt of any Monetary Default Notice or Uncured Non-Monetary Default Notice, a “Cure Trigger Event”).