Common use of Amendments With Consent of Securityholders Clause in Contracts

Amendments With Consent of Securityholders. (a) This Agreement may be amended from time to time by the Depositor and the Owner Trustee with the consent of the Certificateholders to add or supplement any credit enhancement for the benefit of the Noteholders of any class or the Certificateholders (provided that if any such addition shall affect any class of Noteholders differently from any other class of Noteholders, then such addition shall not, as evidenced by an Opinion of Counsel, adversely affect in any material respect the interests of any class of Noteholders),

Appears in 21 contracts

Samples: Trust Agreement (Carvana Auto Receivables Trust 2022-P2), Trust Agreement (Carvana Auto Receivables Trust 2022-P2), Trust Agreement (Carvana Auto Receivables Trust 2022-P1)

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Amendments With Consent of Securityholders. (a) This Agreement may be amended from time to time by the Depositor and the Owner Trustee [with the consent of the Certificateholders Certificateholders] to add or supplement any credit enhancement for the benefit of the Noteholders of any class or the Certificateholders (provided that if any such addition shall affect any class of Noteholders differently from any other class of Noteholders, then such addition shall not, as evidenced by an Opinion of Counsel, adversely affect in any material respect the interests of any class of Noteholders),

Appears in 1 contract

Samples: Trust Agreement (Carvana Receivables Depositor LLC)

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