Common use of Replacement of Indenture Trustee Clause in Contracts

Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time with thirty days’ prior written notice by so notifying the Issuing Entity. The Indenture Trustee shall resign following the occurrence of an Event of Default if required by Section 310 of the TIA. The Holders of at least a majority of the Outstanding Amount of the Controlling Securities may remove the Indenture Trustee by providing 30 days’ prior written notice to the Indenture Trustee and the Depositor and may appoint a successor Indenture Trustee. The Issuing Entity shall remove the Indenture Trustee if:

Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time with thirty days’ prior written notice by so notifying the Issuing Entity. The Indenture Trustee shall resign following the occurrence of an Event of Default if required by Section 310 3.10 of the TIA. The Holders of at least a majority of the Outstanding Amount of the Controlling Securities may remove the Indenture Trustee by providing 30 days’ prior written notice to the Indenture Trustee and the Depositor and may appoint a successor Indenture Trustee. The Issuing Entity shall remove the Indenture Trustee if:

Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time with thirty days’ by giving sixty (60) days prior written notice by so notifying to the Issuing EntityIssuer. The Indenture Trustee shall resign following the occurrence of an Event of Default if required by Section 310 of the TIA. The Holders of at least a majority of the Outstanding Amount of the Controlling Securities Required Noteholders may remove the Indenture Trustee and any or all of its agents by providing 30 days’ prior written notice to so notifying the Indenture Trustee and the Depositor and may appoint a successor Indenture Trustee. The Issuing Entity Issuer shall remove the Indenture Trustee by giving sixty (60) days prior written notice to the Indenture Trustee if:

Replacement of Indenture Trustee. No resignation or removal of -------------------------------- the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any ----------- time with by giving thirty days’ prior (30) days written notice by so notifying to the Issuing Entity. The Indenture Trustee shall resign following Issuer and the occurrence of an Event of Default if required by Section 310 of the TIARating Agencies. The Holders of at least a majority Notes representing more than 66 2/3% of the Outstanding Amount of the Controlling Securities may remove the Indenture Trustee by providing 30 days’ prior written notice to so notifying the Indenture Trustee and the Depositor in writing and may appoint a successor Indenture Trustee. The Issuing Entity Administrator shall remove the Indenture Trustee upon written notice if:

Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8 and the payment of all amounts owed to the retiring Indenture Trustee (unless otherwise agreed by the retiring Indenture Trustee). The Indenture Trustee may resign at any time with by giving thirty (30) days’ prior written notice by so notifying to the Issuing EntityIssuer and the Transferor. The Indenture Trustee shall resign following the occurrence of an Event of Default if required by Section 310 of the TIA. The Holders of at least a majority More than 50% of the Outstanding Amount of the Controlling Securities Notes may remove the Indenture Trustee by providing 30 days’ giving thirty (30) days prior written notice to the Indenture Trustee and the Depositor and may appoint a successor Indenture Trustee. The Issuing Entity Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time with thirty days’ prior written notice by so notifying the Issuing Entity[, the Grantor Trust] [and the Swap Counterparty]. The Indenture Trustee shall resign following the occurrence of an Event of Default if required by Section 310 of the TIA. The Holders of at least a majority of the Outstanding Amount of the Controlling Securities may remove the Indenture Trustee by providing 30 days’ prior written notice to the Indenture Trustee and the Depositor and may appoint a successor Indenture Trustee. The Issuing Entity shall remove the Indenture Trustee if:

Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee Trustee, pursuant to this Section 6.08. The Indenture Trustee may resign at any time with thirty days’ prior written notice by so notifying the Issuing EntityIssuer with 30 days prior written notice. The Indenture Trustee shall resign following the occurrence Holders of an Event of Default if required by Section 310 a majority Percentage Interest of the TIA. The Holders of at least a majority of Class A Notes (or, if the Outstanding Note Amount of the Controlling Securities Class A Notes has been reduced to zero, Holders of a majority Percentage Interest of the Class M Notes) may remove the Indenture Trustee by providing so notifying the Indenture Trustee without cause with 30 days’ days prior written notice to the Indenture Trustee and the Depositor and may appoint a successor Indenture Trustee. The Issuing Entity Issuer shall remove the Indenture Trustee for cause if: