Prior Notice to Certificateholder with Respect to Certain Matters. Subject to the provisions and limitation of Section 4.04, with respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder in writing of the proposed action, the Indenture Trustee shall have consented to such action in the event any Notes are outstanding and the Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholder has withheld consent or provided alternative direction:
Appears in 7 contracts
Samples: Trust Agreement (Newcourt Receivables Corp Ii), Trust Agreement (Orix Credit Alliance Receivables Trust 2000 B), Trust Agreement (Heller Funding Corp)
Prior Notice to Certificateholder with Respect to Certain Matters. Subject to the provisions and limitation of Section 4.04, with respect to the following matters, the Owner Trustee shall not take action unless unless, at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed action, the Indenture Trustee shall have consented to such action in the event any Notes are outstanding and the Certificateholder Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th thirtieth (30th) day after such notice is given that such Certificateholder Certificateholders has withheld consent or provided alternative direction:
Appears in 3 contracts
Samples: Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD)
Prior Notice to Certificateholder with Respect to Certain Matters. Subject to the provisions and limitation of Section 4.04, with respect to the following matters, the Owner Trustee shall not take action unless unless, at least 30 thirty (30) days before the taking of such action, the Owner Trustee shall have notified the Certificateholder in writing of the proposed action, the Indenture Trustee shall have consented to such action in the event any Notes are outstanding and the Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th thirtieth (30th) day after such notice is given that such Certificateholder has withheld consent or provided alternative direction:
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