ADVANCES MADE BY THE MASTER SERVICER DURING THE RELATED
SETTLEMENT PERIOD, AND THE AGGREGATE PRINCIPAL BALANCE OF LOANS AS OF THE END OF
THE RELATED SETTLEMENT PERIOD, EACH AS RECALCULATED TAKING INTO ACCOUNT THE
IMMEDIATELY PRECEDING SETTLEMENT PERIOD AND TO
37
BE APPLIED FOR THE PERIOD COMMENCING ON (AND INCLUDING) SUCH SETTLEMENT REPORT
DATE AND ENDING ON (AND NOT INCLUDING) THE NEXT SUCCEEDING SETTLEMENT REPORT
DATE.
EACH FUNDING AGENT SHALL FORWARD A COPY OF EACH MONTHLY SETTLEMENT REPORT
TO ANY OF ITS RELATED LENDERS UPON REQUEST BY ANY SUCH LENDER.
20.3
ANNUAL TAX STATEMENT. ON OR BEFORE JANUARY 31 OF EACH CALENDAR YEAR
(OR SUCH EARLIER DATE AS REQUIRED BY APPLICABLE LAW), THE MASTER SERVICER ON
BEHALF OF THE COMPANY SHALL FURNISH, OR CAUSE TO BE FURNISHED, TO EACH PERSON
WHO AT ANY TIME DURING THE PRECEDING CALENDAR YEAR WAS A LENDER, A STATEMENT
PREPARED BY THE MASTER SERVICER CONTAINING THE AGGREGATE AMOUNT DISTRIBUTED TO
SUCH PERSON FOR SUCH PRECEDING CALENDAR YEAR OR THE APPLICABLE PORTION THEREOF
DURING WHICH SUCH PERSON WAS A LENDER, TOGETHER WITH SUCH OTHER INFORMATION AS
IS REQUIRED TO BE PROVIDED BY AN ISSUER OF INDEBTEDNESS UNDER THE CODE AND SUCH
OTHER CUSTOMARY INFORMATION AS THE MASTER SERVICER DEEMS NECESSARY TO ENABLE THE
LENDERS TO PREPARE THEIR TAX RETURNS. SUCH OBLIGATION OF THE MASTER SERVICER
SHALL BE DEEMED TO HAVE BEEN SATISFIED TO THE EXTENT THAT SUBSTANTIALLY
COMPARABLE INFORMATION SHALL HAVE BEEN PROVIDED BY THE ADMINISTRATIVE AGENT, THE
RELATED FUNDING AGENT OR THE MASTER SERVICER PURSUANT TO ANY REQUIREMENTS OF THE
CODE AS FROM TIME TO TIME IN EFFECT.
20.4
FACILITY EVENT/DISTRIBUTION OF PRINCIPAL NOTICES. UPON THE COMPANY
OR THE MASTER SERVICER OBTAINING ACTUAL KNOWLEDGE OF THE OCCURRENCE OF A
FACILITY EVENT, THE MASTER SERVICER SHALL GIVE PROMPT WRITTEN NOTICE THEREOF TO
THE COLLATERAL AGENT, THE ADMINISTRATIVE AGENT, EACH FUNDING AGENT AND, FROM AND
AFTER THE APPOINTMENT OF A BACK-UP SERVICER, THE BACK-UP SERVICER. AS PROMPTLY
AS REASONABLY PRACTICABLE AFTER ITS RECEIPT OF NOTICE OF THE OCCURRENCE OF A
FACILITY EVENT, EACH FUNDING AGENT SHALL GIVE NOTICE TO EACH RELATED LENDER. IN
ADDITION, ON THE BUSINESS DAY PRECEDING EACH DAY ON WHICH A DISTRIBUTION OF
PRINCIPAL IS TO BE MADE DURING THE AMORTIZATION PERIOD, THE MASTER SERVICER
SHALL PROVIDE WRITTEN NOTICE TO EACH FUNDING AGENT (WITH A COPY TO THE
ADMINISTRATIVE AGENT) SETTING FORTH THE AMOUNT OF PRINCIPAL TO BE DISTRIBUTED ON
THE RELATED DATE TO EACH LENDER WITH RESPECT TO THE OUTSTANDING LOANS.
AS
PROMPTLY AS REASONABLY PRACTICABLE AFTER ITS RECEIPT OF SUCH NOTICE, EACH
FUNDING AGENT SHALL FORWARD SUCH NOTICE TO EACH RELATED LENDER.
21.
TERMINATION EVENTS
21.1
TERMINATION EVENTS
If any one of the following events (each, a "Termination Event"), shall occur,
in each case after giving effect to the lapse of any grace period, the giving of
any notice or making of any determination applicable thereto:
(A)
AN INSOLVENCY EVENT SHALL HAVE OCCURRED WITH RESPECT TO THE
COMPANY, ANY U.S. ORIGINATOR OR HUNTSMAN INTERNATIONAL;
(B)
THE COMPANY SHALL BECOME AN "INVESTMENT