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

Prior Notice with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action and the holder of the Trust Certificate shall not direct the Owner Trustee to take any action, unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the holder of the Trust Certificate in writing of the proposed action and the holder of the Trust Certificate shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the holder of the Trust Certificate has withheld consent or provided alternative direction:

Appears in 3 contracts

Samples: Trust Agreement (KeyCorp Student Loan Trust 2006-A), Trust Agreement (KeyCorp Student Loan Trust 2005-A), Trust Agreement (Key Consumer Receivables LLC)

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Prior Notice with Respect to Certain Matters. (a) With respect to the following matters, the Owner Trustee shall not take action and the holder of the Trust Certificate shall not direct the Owner Trustee to take any action, unless at least 30 thirty (30) days before the the. taking of such action, the Owner Trustee shall have notified the holder Certificateholders of record as of the Trust Certificate preceding Record Date in writing of the proposed action and the holder of the Trust Certificate such Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th thirtieth (30th) day after such notice is given that the holder of the Trust Certificate has such Certificateholders have withheld consent or provided alternative direction:

Appears in 2 contracts

Samples: Trust Agreement (Huntington Auto Trust 2012-2), Trust Agreement (Huntington Auto Trust 2012-1)

Prior Notice with Respect to Certain Matters. With respect to the following matters, the Owner Eligible Lender Trustee shall not take action and the holder of the Trust Certificate shall not direct the Owner Eligible Lender Trustee to take any action, unless at least 30 days before the taking of such action, the Owner Eligible Lender Trustee shall have notified the holder of the Trust Certificate in writing of the proposed action and the holder of the Trust Certificate shall not have notified the Owner Eligible Lender Trustee in writing prior to the 30th day after such notice is given that the holder of the Trust Certificate has withheld consent or provided alternative direction:

Appears in 1 contract

Samples: Trust Agreement (Keycorp Student Loan Trust 2004-A)

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Prior Notice with Respect to Certain Matters. (a) With respect to the following matters, the Owner Trustee shall not take action and the holder of the Trust Certificate shall not direct the Owner Trustee to take any action, unless at least 30 thirty (30) days before the the. taking of such action, the Owner Trustee shall have notified the holder Certificateholders of record as of the Trust Certificate preceding Record Date in writing of the proposed action and the holder of the Trust Certificate such Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th thirtieth (30th) day after such notice is given that the holder of the Trust Certificate has such Certificateholders have withheld consent or provided alternative direction:: Amended and Restated Trust Agreement

Appears in 1 contract

Samples: Trust Agreement (Huntington Funding, LLC)

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