Common use of Action upon Instruction Clause in Contracts

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

Appears in 11 contracts

Samples: Trust Agreement (Onyx Acceptance Owner Trust 2005-A), Trust Agreement (Onyx Acceptance Owner Trust 2005-B), Trust Agreement (Onyx Acceptance Financial Corp)

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Action upon Instruction. (a) Subject to Article IV and Section 7.01(g) the terms of this Agreement, Agreement and in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee or the Trust Agent 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 by written instruction of the Owners pursuant to Article IV.

Appears in 10 contracts

Samples: Owner Trust Agreement (Bcap LLC), Owner Trust Agreement (Etrade Mortgage Backed Securities Corp), Owner Trust Agreement (Hsi Asset Securitization Corp)

Action upon Instruction. (a) Subject to Article IV and Section 7.01(g) of this Agreement, in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee or the Trust Agent 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 by written instruction of the Owners pursuant to Article IV.

Appears in 9 contracts

Samples: Owner Trust Agreement (Painewebber Mort Accept Corp Iv Ditech Home Loan Ownr 1998-1), Agreement (Empire Funding Home Loan Owner Trust 1998-1), Owner Trust Agreement (Ace Securities Corp)

Action upon Instruction. (a) Subject to this Article IV and Section 7.01(g) 11.13 of this Agreement, Trust Agreement and in accordance with the terms of the Basic Documents, the Owners Certificateholders may by written instruction direct the Owner Trustee or the Trust Agent in the management of the Trust. Such direction may be exercised at any time by written instruction of the Owners Certificateholders pursuant to this Article IV.

Appears in 9 contracts

Samples: Trust Agreement (Phoenix Residential Securities, LLC), Trust Agreement (Phoenix Residential Securities, LLC), Trust Agreement (GMACM Home Equity Loan Trust 2006-He1)

Action upon Instruction. (a) Subject to Article IV and Section 7.01(g) of this Agreement, in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee or the Trust Agent 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 Owners pursuant to Article IV.

Appears in 5 contracts

Samples: Trust Agreement (Bear Stearns Asset Backed Securities Inc), Trust Agreement (Firstplus Investment Corp), Trust Agreement (Firstplus Investment Corp)

Action upon Instruction. (a) Subject to Article IV and Section 7.01(g) of this Agreement, in accordance with the terms of the Basic Transaction Documents, the Owners may by written instruction direct the Owner Trustee or the Trust Agent in the management of the Trust. Such direction may be exercised at any time by written instruction Trust but only to the extent consistent with the limited purpose of the Owners pursuant to Article IV.the

Appears in 4 contracts

Samples: Trust Agreement (Mego Financial Corp), Trust Agreement (Mego Mortgage Corp), Mego Mortgage Corp

Action upon Instruction. (a) Subject to Article IV and Section 7.01(g) the terms of this Agreement, Agreement and in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee or the Trust Agent 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 by written instruction of the Owners pursuant to Article IV.. ----------

Appears in 3 contracts

Samples: Owner Trust Agreement (Fremont Mortgage Securities Corp), Owner Trust Agreement (Southpoint Residential Mortgage Securities Corp), Owner Trust Agreement (National Mortgage Securities Corp)

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

Appears in 3 contracts

Samples: Trust Agreement (Onyx Acceptance Corp), Trust Agreement (Onyx Acceptance Corp), Trust Agreement (Onyx Acceptance Corp)

Action upon Instruction. (a) Subject to Article IV this Agreement and Section 7.01(g) of this Agreement, in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee or the Trust Agent 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 by written instruction of the Owners pursuant to Article IVFour.

Appears in 3 contracts

Samples: Deposit Trust Agreement (Banccap Asset Securization Issuance Corp), Deposit Trust Agreement (Aegis Asset Backed Securities Corp), Trust Agreement (Finance America Securities LLC)

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

Appears in 2 contracts

Samples: Trust Agreement (First Horizon Asset Securities Inc), Form of Trust Agreement (Asset Backed Securities Corp)

Action upon Instruction. (a) Subject to Article IV and Section 7.01(g) of this Agreement, in accordance with the terms of the Basic Transaction Documents, the Owners may by written instruction direct the Owner Trustee or the Trust Agent 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 Owners pursuant to Article IV.

Appears in 2 contracts

Samples: Trust Agreement (Mego Mortgage Corp), Trust Agreement (Mego Financial Corp)

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Action upon Instruction. (a) Subject a)Subject to Article IV and Section 7.01(g) the terms of this Agreement, Agreement and in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee or the Trust Agent 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 by written instruction of the Owners pursuant to Article IV.

Appears in 1 contract

Samples: Owner Trust Agreement (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-1)

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

Appears in 1 contract

Samples: Trust Agreement (Provident Bank)

Action upon Instruction. (a) Subject to Article IV and Section 7.01(g) of this Agreement, ----------------------- in accordance with the terms of the Basic Documents, the Owners may by written instruction direct the Owner Trustee or the Trust Agent 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 Owners pursuant to Article IV.

Appears in 1 contract

Samples: Trust Agreement (Firstplus Investment Corp)

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

Appears in 1 contract

Samples: Trust Agreement (Indymac Abs Inc)

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

Appears in 1 contract

Samples: Trust Agreement (Indymac Abs Inc)

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

Appears in 1 contract

Samples: Trust Agreement (Premier Auto Trust 1998 5)

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