Common use of Selection and Removal of the Controlling Class Representative Clause in Contracts

Selection and Removal of the Controlling Class Representative. (a) The Majority Controlling Class Certificateholders may elect the Controlling Class Representative.

Appears in 45 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2013-C7), Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11), Pooling and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2014-C14)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.