Common use of Authority and Duties of the Owner Trustee Clause in Contracts

Authority and Duties of the Owner Trustee. ACTION BY CERTIFICATEHOLDERS 16 SECTION 5.1 General Authority 16 SECTION 5.2 General Duties 16 SECTION 5.3 Action Upon Instruction 17 SECTION 5.4 No Duties Except as Specified under Specified Documents or in Instructions 18 SECTION 5.5 Restrictions 18 SECTION 5.6 Negative Covenants 18 SECTION 5.7 Action by the Ownership Certificateholder with Respect to Bankruptcy 21 SECTION 5.8 Restrictions on the Owner Certificateholder’s Power 21

Authority and Duties of the Owner Trustee. ACTION BY CERTIFICATEHOLDERS 16 CertificateHolder 17 SECTION 5.1 General Authority 16 17 SECTION 5.2 General Duties 16 18 SECTION 5.3 Action Upon Instruction 17 18 SECTION 5.4 No Duties Except as Specified under Specified Documents or in Instructions 18 19 SECTION 5.5 Restrictions 18 19 SECTION 5.6 Negative Covenants 18 19 SECTION 5.7 Action by the Ownership Certificateholder with Respect to Bankruptcy 21 SECTION 5.8 Restrictions on the Owner Certificateholder’s Power 2122

Authority and Duties of the Owner Trustee. ACTION BY CERTIFICATEHOLDERS 16 CertificateHolder 18 SECTION 5.1 General Authority 16 18 SECTION 5.2 General Duties 16 18 SECTION 5.3 Action Upon Instruction 17 18 SECTION 5.4 No Duties Except as Specified under Specified Documents or in Instructions 18 19 SECTION 5.5 Restrictions 18 20 SECTION 5.6 Negative Covenants 18 20 SECTION 5.7 Action by the Ownership Certificateholder with Respect to Bankruptcy 21 22 SECTION 5.8 Restrictions on the Owner Certificateholder’s Power 2122

Authority and Duties of the Owner Trustee. ACTION BY CERTIFICATEHOLDERS 16 SECTION 5.1 Section 5.01. General Authority 16 SECTION 5.2 Section 5.02. General Duties 16 SECTION 5.3 Section 5.03. Action Upon Instruction 17 SECTION 5.4 16 Section 5.04. No Duties Except as Specified under Specified Documents or in Instructions 18 SECTION 5.5 17 Section 5.05. Restrictions 18 SECTION 5.6 Negative 17 Section 5.06. Prior Notice to the Holder with Respect to Certain Matters; Separateness Covenants 18 SECTION 5.7 Section 5.07. Action by the Ownership Certificateholder Holder with Respect to Bankruptcy 21 SECTION 5.8 20 Section 5.08. Restrictions on the Owner CertificateholderHolder’s Power 2120

Authority and Duties of the Owner Trustee. ACTION BY CERTIFICATEHOLDERS 16 CertificateHolder 17 SECTION 5.1 General Authority 16 17 SECTION 5.2 General Duties 16 17 SECTION 5.3 Action Upon Instruction 17 18 SECTION 5.4 No Duties Except as Specified under Specified Documents or in Instructions 18 19 SECTION 5.5 Restrictions 18 19 SECTION 5.6 Negative Covenants 18 19 SECTION 5.7 Action by the Ownership Certificateholder with Respect to Bankruptcy 21 SECTION 5.8 Restrictions on the Owner Certificateholder’s Power 21

Authority and Duties of the Owner Trustee. ACTION BY CERTIFICATEHOLDERS 16 CERTIFICATEHOLDER 18 SECTION 5.1 General Authority 16 18 SECTION 5.2 General Duties 16 18 SECTION 5.3 Action Upon Instruction 17 19 SECTION 5.4 No Duties Except as Specified under Specified Documents or in Instructions 18 20 SECTION 5.5 Restrictions 18 20 SECTION 5.6 Negative Covenants 18 20 SECTION 5.7 Action by the Ownership Certificateholder with Respect to Bankruptcy 21 23 SECTION 5.8 Restrictions on the Owner Certificateholder’s Power 2123

Authority and Duties of the Owner Trustee. ACTION BY CERTIFICATEHOLDERS 16 14 SECTION 5.1 General Authority 16 GENERAL AUTHORITY. 14 SECTION 5.2 General Duties 16 GENERAL DUTIES. 15 SECTION 5.3 Action Upon Instruction 17 ACTION UPON INSTRUCTION. 15 SECTION 5.4 No Duties Except as Specified under Specified Documents or in Instructions 18 SECTION 5.5 Restrictions 18 SECTION 5.6 Negative Covenants 18 SECTION 5.7 Action by the Ownership Certificateholder with Respect to Bankruptcy 21 SECTION 5.8 Restrictions on the Owner Certificateholder’s Power 21NO DUTIES EXCEPT AS SPECIFIED UNDER SPECIFIED DOCUMENTS OR IN INSTRUCTIONS. 16

Authority and Duties of the Owner Trustee. ACTION BY CERTIFICATEHOLDERS 16 SECTION 5.1 Section 5.01. General Authority 16 SECTION 5.2 Section 5.02. General Duties 16 SECTION 5.3 Section 5.03. Action Upon Instruction 17 SECTION 5.4 Section 5.04. No Duties Except as Specified under Specified Documents or in Instructions 18 SECTION 5.5 17 Section 5.05. Restrictions 18 SECTION 5.6 Negative Covenants Section 5.06. Prior Notice to the Certificateholders with Respect to Certain Matters 18 SECTION 5.7 Section 5.07. Action by the Ownership Certificateholder Holder with Respect to Bankruptcy 21 SECTION 5.8 20 Section 5.08. Restrictions on the Owner CertificateholderOwnership Certificate Holder’s Power 21