Common use of Majority Certificateholders Clause in Contracts

Majority Certificateholders. Except as expressly provided herein, any action that may be taken or consent that may be given or withheld by the Certificateholders under this Agreement shall be effective if such action is taken or consent is given or withheld by the Majority Certificateholders as of such action or consent. Except as expressly provided herein, any written notice, instruction, direction or other document of the Certificateholders delivered pursuant to this Agreement shall be effective if signed by the Majority Certificateholders.