Common use of Prior Notice to Certificateholder with Respect to Certain Matters Clause in Contracts

Prior Notice to Certificateholder with Respect to Certain Matters. Neither the Owner Trustee, the Co-Owner Trustee nor the Trust Eligible Lender Trustee shall take any of the following actions, unless at least 30 days before the taking of such action, the Owner Trustee, the Co-Owner Trustee or the Trust Eligible Lender Trustee, as the case may be, shall have notified the other Trustees and the Certificateholder in writing of the proposed action and the Certificateholder shall not have notified the Owner Trustee or the Co-Owner Trustee, as the case may be, in writing prior to the 30th day after such notice is given that such Certificateholder has withheld consent or provided alternative direction:

Prior Notice to Certificateholder with Respect to Certain Matters. Neither the Owner Delaware Trustee, the Co-Owner Trustee nor the Trust Co-Owner Eligible Lender Trustee shall take any of the following actions, unless at least 30 days before the taking of such action, the Owner Delaware Trustee, the Co-Owner Trustee or the Trust Co-Owner Eligible Lender Trustee, as the case may be, shall have notified the other Trustees and the Certificateholder in writing of the proposed action and the Certificateholder shall not have notified the Owner Delaware Trustee or the Co-Owner Trustee, as the case may be, in writing prior to the 30th day after such notice is given that such Certificateholder has withheld consent or provided alternative direction: