Common use of Action upon Instruction Clause in Contracts

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 292 contracts

Samples: Trust Agreement (World Omni Auto Receivables Trust 2024-B), Trust Agreement (World Omni Auto Receivables Trust 2024-B), Trust Agreement (World Omni Auto Receivables Trust 2024-A)

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Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Transaction Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 117 contracts

Samples: Trust Agreement (CarMax Auto Owner Trust 2024-2), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (CarMax Auto Owner Trust 2024-1)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 86 contracts

Samples: Trust Agreement (USAA Auto Owner Trust 2007-1), Trust Agreement (Ford Credit Auto Receivables Two L P), Trust Agreement (Usaa Federal Savings Bank)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders Owners may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Owners pursuant to Article IV.

Appears in 80 contracts

Samples: Trust Agreement (Chrysler Financial Auto Securitization Trust 2010-A), Trust Agreement (Chrysler Financial Auto Securitization Trust 2009-A), Trust Agreement (DaimlerChrysler Auto Trust 2007-A)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Transaction Documents, the Certificateholders may Certificateholder may, by written instruction instruction, direct the Owner Trustee in the management of the TrustIssuer. Such direction may be exercised at any time by written instruction of the Certificateholders Certificateholder pursuant to Article IV.

Appears in 78 contracts

Samples: Trust Agreement (Porsche Auto Funding LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 78 contracts

Samples: Trust Agreement (CNH Equipment Trust 2024-B), Trust Agreement (CNH Equipment Trust 2024-A), Trust Agreement (CNH Equipment Trust 2023-B)

Action upon Instruction. (a) Subject to this Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to this Article IV.

Appears in 70 contracts

Samples: Trust Agreement (Home Equity Loan Trust 2006-Hsa4), Trust Agreement (Home Loan Trust 2007-Hi1), Trust Agreement (Home Loan Trust 2006-Hi1)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders Certificateholder may by written instruction direct the Owner Trustee in the management of the TrustTrust but only to the extent consistent with the purposes and powers of the Trust set forth in Section 2.03. Such direction Subject to Article IV, the Owner Trustee may be exercised at take any time by action upon receipt of written instruction of the Certificateholders Certificateholder. The Owner Trustee may conclusively assume that any written instruction delivered to the Owner Trustee by the Certificateholder given pursuant to Article IVthis Section 6.03 is in compliance with this Agreement and the other Basic Documents.

Appears in 64 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Action upon Instruction. (a) Subject to Article IV Four and in accordance with the terms of the Basic Program Documents, the Trust Certificateholders may by written instruction direct the Owner Trustee in the management of the Securitization Trust. Such direction may be exercised at any time by written instruction of the Trust Certificateholders pursuant to Article IVFour.

Appears in 60 contracts

Samples: Trust Agreement (GM Financial Automobile Leasing Trust 2024-2), Trust Agreement (GM Financial Automobile Leasing Trust 2024-2), Trust Agreement (GM Financial Automobile Leasing Trust 2024-1)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic DocumentsIV, the Certificateholders may Owner may, by written instruction instruction, direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Owner pursuant to Article IV.

Appears in 54 contracts

Samples: Trust Agreement (Deere John Capital Corp), Trust Agreement (John Deere Receivables LLC), Trust Agreement (Deere John Capital Corp)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Transaction Documents, the Certificateholders may Residual Interestholder may, by written instruction instruction, direct the Owner Trustee in the management of the TrustIssuer. Such direction may be exercised at any time by written instruction of the Certificateholders Residual Interestholder pursuant to Article IV.

Appears in 49 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables Trust 2013-3)

Action upon Instruction. (a) Subject to this Article IV and Section 10.13 of this Trust Agreement and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to this Article IV.

Appears in 46 contracts

Samples: Trust Agreement (BellaVista Finance CORP), Trust Agreement (Wachovia Asset Securitization Inc 2002 He2 Trust), Trust Agreement (Wachovia Mortgage Loan Trust, LLC)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Transaction Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the TrustIssuer. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 45 contracts

Samples: Trust Agreement (Fifth Third Auto Trust 2023-1), Trust Agreement (Fifth Third Auto Trust 2023-1), Trust Agreement (Fifth Third Holdings Funding, LLC)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic DocumentsTransaction Documents to which the Trust is a party, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 35 contracts

Samples: Trust Agreement (World Omni LT), Trust Agreement (World Omni LT), Trust Agreement (World Omni LT)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic DocumentsThe Certificateholder may, the Certificateholders may by written instruction instruction, direct the Owner Trustee in the management of the Owner Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IVCertificateholder.

Appears in 24 contracts

Samples: Trust Agreement (Chase Credit Card Master Trust), Trust Agreement (Chase Manhattan Bank Usa), Trust Agreement (Chase Credit Card Master Trust)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic DocumentsIV, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the TrustIssuer. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IVSection 4.5.

Appears in 24 contracts

Samples: Trust Agreement (Chase Auto Owner Trust 2006-A), Trust Agreement (Chase Auto Owner Trust 2005-A), Trust Agreement (Chase Auto Owner Trust 2005-B)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Transaction Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee or the Administrator in the management of the TrustIssuer. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 21 contracts

Samples: Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables LLC), Trust Agreement (Santander Drive Auto Receivables LLC)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with all events subject to the terms of the Basic applicable Transaction Documents, the Certificateholders Equity Certificateholder may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 17 contracts

Samples: Trust Agreement (Cit Funding Co, LLC), Trust Agreement (NCT Funding Co LLC), Trust Agreement (Cit Ec Ef 2001-A)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic DocumentsIV, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the TrustIssuer. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 15 contracts

Samples: Bas Securitization LLC, Trust Agreement (Key Consumer Acceptance Corp), Trust Agreement (Key Consumer Acceptance Corp)

Action upon Instruction. (a) Subject to this Article IV and in accordance with the terms of the Basic Documents, the Certificateholders Certificateholder may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Certificateholder pursuant to this Article IV.

Appears in 7 contracts

Samples: Owner Trust Agreement (Credit Suisse First Boston Mor Ac Corp CSFB Abs Tr 2002 Hi23), Owner Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Owner Trust Agreement (Residential Funding Mortgage Securities Ii Inc)

Action upon Instruction. (a) Subject to Article IV and Section 7.01 and in accordance with the terms of the Basic Transaction Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction to the Owner Trustee of the Certificateholders pursuant to Article IV.

Appears in 7 contracts

Samples: Trust Agreement (Hercules Capital, Inc.), Trust Agreement (Horizon Technology Finance Corp), Trust Agreement (Hercules Capital, Inc.)

Action upon Instruction. (a) Subject to Article IV IV, Section 7.01 and in accordance with the terms of the Basic Documents, the Certificateholders Company may by written instruction direct the Owner Eligible Lender Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Company pursuant to Article IV.

Appears in 7 contracts

Samples: Trust Agreement (SMS Student Loan Trust 2000-A), Trust Agreement (Usa Group Secondary Market Services Inc), Trust Agreement (Goldman Sachs Asset Backed Securities Corp)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 7 contracts

Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (Ml Asset Backed Corp), Trust Agreement (Merrill Auto Trust Securitization 2005-1)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with all events subject to the terms of the Basic applicable Transaction Documents, the Certificateholders Equity Certificateholder may by be written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 6 contracts

Samples: Trust Agreement (Ace Securities Corp), Trust Agreement (NCT Funding Co LLC), Trust Agreement (Gs Mortgage Securities Corp)

Action upon Instruction. (a) Subject to this Article IV and in accordance with the terms of the other Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IVthis Article.

Appears in 6 contracts

Samples: Trust Agreement (Irwin Home Equity Loan Trust 2005-1), Trustee Trust Agreement (Irwin Whole Loan Home Equity Trust 2005-A), Trustee Trust Agreement (Irwin Whole Loan Home Equity Trust 2004 A)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic DocumentsIV, the Certificateholders may Certificateholder may, by written instruction instruction, direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Certificateholder pursuant to Article IV.

Appears in 5 contracts

Samples: Trust Agreement (Caterpillar Financial Asset Trust 2006-A), Trust Agreement (Caterpillar Financial Asset Trust 2005-A), Trust Agreement (Caterpillar Financial Funding Corp)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Transaction Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 5 contracts

Samples: Trust Agreement (Capital One Auto Receivables Trust 2001-B), Trust Agreement (Capital One Auto Finance Trust 2002-C), Trust Agreement (Capital One Auto Receivables LLC)

Action upon Instruction. (a) Subject to Article IV and in accordance with to the other terms of the Basic Documents, the Certificateholders Residual Interestholder may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Residual Interestholder pursuant to Article IV.

Appears in 5 contracts

Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp), Trust Agreement (Deutsche Recreational Asset Funding Corp), Trust Agreement (Deutsche Recreational Asset Funding Corp)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the TrustIssuer. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 4 contracts

Samples: Trust Agreement (GS Auto Loan Trust 2005-1), Trust Agreement (GS Auto Loan Trust 2007-1), Trust Agreement (GS Auto Loan Trust 2006-1)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders Certificateholder may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Certificateholder pursuant to Article IV.

Appears in 4 contracts

Samples: Trust Agreement (American Home Mortgage Investment Trust 2006-3), Trust Agreement (American Home Mortgage Investment Trust 2007-2), Trust Agreement (American Home Mortgage Investment Trust 2006-1)

Action upon Instruction. (a) Subject to this Article IV and in accordance with the terms of the other Basic Documents, the Certificateholders (with the consent of the Enhancer) and the Enhancer may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders (with the consent of the Enhancer) and the Enhancer pursuant to Article IVthis Article.

Appears in 3 contracts

Samples: Trust Agreement (Bear Stearns Asset Backed Securities Inc), Trust Agreement (Irwin Home Equity Loan Trust 2004-1), Trust Agreement (Bear Stearns Asset Backed Securities Inc)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the other Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 3 contracts

Samples: Trust Agreement (Bear Stearns ARM Trust 2007-2), Trust Agreement (Alesco Financial Inc), Trust Agreement (Bear Stearns ARM Trust 2007-2)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV. In addition, the Administrator may direct the Owner Trustee, and the Owner Trustee is authorized to take direction from the Administrator pursuant to Section 6.01.

Appears in 3 contracts

Samples: Trust Agreement (Regions Auto Receivables Trust 2002-1), Trust Agreement (Regions Auto Receivables Trust 2003-1), Trust Agreement (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 3 contracts

Samples: Trust Agreement (M&i Dealer Auto Securitization LLC), Trust Agreement (M&i Auto Loan Trust 2002-1), Trust Agreement (M&i Dealer Auto Securitization LLC)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Related Documents, the Certificateholders Holders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Holders pursuant to Article IV.

Appears in 3 contracts

Samples: Trust Agreement (Synchrony Card Issuance Trust), Trust Agreement (Synchrony Financial), Trust Agreement (GE Capital Credit Card Master Note Trust)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Majority Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Majority Certificateholders pursuant to Article IV.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement (Citigroup Mortgage Loan Trust 2005-6), Trust Agreement (Citigroup Mortgage Loan Trust 2005-11)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the TrustIssuer. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 3 contracts

Samples: Trust Agreement (Wells Fargo Financial Auto Owner Trust 2005-A), Trust Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A), Trust Agreement (Amsouth Auto Receivables LLC)

Action upon Instruction. (a) Subject to this Article IV hereof and in accordance with the terms of the Basic Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in with respect to the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to such Article IV.

Appears in 3 contracts

Samples: Trust Agreement (Peoples Choice Home Loan Securities Trust Series 2005-4), Trust Agreement (Peoples Choice Home Loan Securities Trust Series 2005-2), Trust Agreement (Peoples Choice Home Loan Securities Trust Series 2005-3)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Provident Lease Receivables Corp), Trust Agreement (Provident Lease Receivables Corp)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Note Insurer or the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders or the Note Insurer pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A), Trust Agreement (Origen Residential Securities, Inc.)

Action upon Instruction. (a) Subject to Article IV IV, Section 7.01 and in accordance with the terms of the Basic Documents, the Certificateholders Depositor may by written instruction direct the Owner Eligible Lender Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Depositor pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Wells Fargo Student Loans Receivables I LLC), Trust Agreement (Wells Fargo Student Loans Receivables I LLC)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the TrustIssuer. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Bank One Auto Securitization Trust 2003-1), Trust Agreement (Bank One Auto Securitization LLC)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders Owners may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Owners pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (Gs Mortgage Securities Corp)

Action upon Instruction. (aiii) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Credit Suisse First Boston Mortgage Securities Corp), Trust Agreement (National City Mortgage Capital LLC)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust but only to the extent consistent with the limited purpose of the Trust. Such direction may be exercised at any any-time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Residential Asset Funding Corp), Trust Agreement (Home Equity Securitization Corp)

Action upon Instruction. (a) Subject to Section 4.12 hereof and this Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to this Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Heloc Asset-Backed Notes Series 2003-2), Trust Agreement (Morgan Stanley Abs Capital I Inc MSDWCC Heloc Trust 2003-1)

Action upon Instruction. (a) Subject to Article IV ----------------------- and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (World Omni Auto Receivables LLC), Trust Agreement (World Omni Auto Receivables LLC)

Action upon Instruction. (a) Subject to Article IV IV, Section 7.01 and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Eligible Lender Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Nellie Mae Education Loan Corp), Trust Agreement (Signet Student Loan Trusts)

Action upon Instruction. (a) Subject to Section 4.12 hereof and this Article IV and in accordance with the terms of the Basic Documents, the Class L Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Class L Certificateholders pursuant to this Article IV.

Appears in 2 contracts

Samples: Trust Agreement (MSCC HELOC Trust 2007-1), Trust Agreement (Morgan Stanley ABS Capital I Inc. MSDWCC HELOC Trust 2005-1)

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Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic DocumentsIV, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 2 contracts

Samples: Authority And (Tl Lease Funding Corp Iv), Trust Agreement (Trans Leasing International Inc)

Action upon Instruction. (a) Subject to Article IV and ----------------------- in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Lehman Abs Corp), Trust Agreement (Ml Asset Backed Corp)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms Transaction Documents, each of the Basic DocumentsCertificateholders and the Administrator may, the Certificateholders may by written instruction instruction, direct the Owner Trustee in the management of the TrustIssuer. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Huntington Auto Trust 2015-1), Trust Agreement (Huntington Funding, LLC)

Action upon Instruction. (a) Subject to Article IV and ------------------------- Section 7.01 and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Thornburg Mortgage Asset Corp)

Action upon Instruction. (a) Subject to Article IV and ----------------------- Section 7.01 and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (MCG Capital Corp)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders Trust Certificateholder may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Trust Certificateholder pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (American Home Mortgage Investment Trust 2007-1)

Action upon Instruction. (a) Subject to Article IV and Section 7.01 and in accordance with the terms of the Basic Transaction Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (MCG Capital Corp)

Action upon Instruction. (ac) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Deutsche Mortgage Securities Inc)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Transaction Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (World Omni Auto Leasing LLC)

Action upon Instruction. (a) Subject to Article IV and Section 7.01 and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IVSection 4.05.

Appears in 1 contract

Samples: Trust Agreement (Mru Abs Ii LLC)

Action upon Instruction. (aii) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Bear Stearns Asset Backed Securities I LLC)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic DocumentsIV, the Certificateholders may by written instruction direct the Owner Trustee in the management of the TrustTrust (except with respect to any actions to be taken by the Servicer pursuant to the terms of the Servicing Agreement or under any other Basic Document). Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Advanta Auto Finance Corp)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV. The Owner Trustee shall have no duty or obligation to administer, service or monitor or otherwise perform the administration, servicing or collection of the Receivables or the other Trust Property.

Appears in 1 contract

Samples: Trust Agreement (Textron Financial Corp)

Action upon Instruction. (a) Subject to Article IV IV, ----------------------- Section 7.01 and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Eligible Lender Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Signet Bank Maryland)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Related Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Cef Equipment Holding LLC)

Action upon Instruction. (a) Subject to Article IV IV, Section 7.01 and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Efg Funding Corp)

Action upon Instruction. (a) Subject to Section 4.12 hereof and this Article IV and in accordance with the terms of the Basic Documents, the Class [_] Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Class [_] Certificateholders pursuant to this Article IV.

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley Abs Capital I Inc)

Action upon Instruction. (a) Subject to Article IV IV, and in accordance with the terms of the Basic Documents, the Certificateholders may may, by written instruction instruction, direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Bond Securitization LLC)

Action upon Instruction. (a) Subject to Article IV and in accordance with to the other terms of the Basic Transaction Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Prudential Securities Secured Financing Corp)

Action upon Instruction. (ac) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders Certificateholder may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Certificateholder pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (American Home Mortgage Investment Trust 2006-2)

Action upon Instruction. (a) Subject a)Subject to Article IV and Section 7.01 and in accordance with the terms ---------- ------------ of the Basic Transaction Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.. ----------

Appears in 1 contract

Samples: Trust Agreement (MCG Capital Corp)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the ----------------------- Basic Documents, the Certificateholders Owners may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Owners pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley Abs Capital I Inc)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders Certificateholder may by written instruction direct the Owner Trustee in the management of the Trust but only to the extent consistent with the limited purpose of the Trust. Such Subject to Article IV, direction may be exercised at any time by written instruction of the Certificateholders Certificateholder. The Owner Trustee may conclusively assume that any written instruction delivered to the Owner Trustee by the Certificateholder given pursuant to Article IVthis Section 6.03 is in compliance with this Agreement and the other Basic Documents.

Appears in 1 contract

Samples: Trust Agreement

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Renaissance Home Equity Loan Trust 2006-2)

Action upon Instruction. (a) Subject to this Article IV and in accordance with the withthe terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee OwnerTrustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to this Article IV.

Appears in 1 contract

Samples: Trust Agreement (Residential Funding Mortgage Securities Ii Inc)

Action upon Instruction. (a) Subject to Article IV and ----------------------- in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Imh Assets Corp)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders any Certificateholder, acting singly, may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders any Certificateholder pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Citigroup HELOC Trust 2006-Ncb1)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust but only to the extent consistent with the limited purpose of the Trust. Such direction may be exercised at any time anytime by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Aames Capital Acceptance Corp)

Action upon Instruction. (a) Subject to Article IV and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the TrustIssuing Entity. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (GSR Trust 2007-Hel1)

Action upon Instruction. (a) Subject to this Article IV and in accordance with the terms of the other Basic Documents, the Certificateholders Investor Certificateholder may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders Investor Certificateholder pursuant to Article IVthis Article.

Appears in 1 contract

Samples: Deposit Trust Agreement (Bear Stearns Asset Backed Securities Inc)

Action upon Instruction. (a) Subject to this Article IV of this Trust Agreement and in accordance with the terms of the Basic Documents, the Certificateholders may by written instruction direct the Owner Trustee in the management of the Trust. Such direction may be exercised at any time by written instruction of the Certificateholders pursuant to this Article IV.

Appears in 1 contract

Samples: Trust Agreement (GMACM Home Equity Loan Trust 2007-He3)

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