Common use of Control by Majority in Aggregate Voting Interest Clause in Contracts

Control by Majority in Aggregate Voting Interest. The Certificate Insurer, or the Majority in Aggregate Voting Interest with the consent of the Certificate Insurer, which consent may not be unreasonably withheld, may direct the time, method and place of conducting any proceeding relating to the assets of the Trust or the Certificates or for any remedy available to the Trustee with respect to the Certificates, or exercising any trust or power conferred on the Trustee with respect to the Certificates or the assets of the Trust, provided that:

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Eqcc Asset Backed Corp), Pooling and Servicing Agreement (Eqcc Home Equity Loan Trust 1999-3), Pooling and Servicing Agreement (Eqcc Home Equity Loan Trust 1999-1)

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