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Common use of Majority Certificateholders Clause in Contracts

Majority Certificateholders. Certificateholders holding in the aggregate more than 50% of the Voting Interests.

Appears in 4 contracts

Sources: Receivables Purchase Agreement (Carvana Receivables Depositor LLC), Receivables Purchase Agreement (Carvana Receivables Depositor LLC), Servicing Agreement (Ally Auto Receivables Trust 2012-4)

Related Clauses

  • Control by Certificateholders
  • Actions by Certificateholders
  • Depositor as Certificateholder
  • Certificateholders
  • Notification to Noteholders and Certificateholders

Parent Clauses

  • Voting Rights and Other Actions
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