Common use of Titling Company Notes Clause in Contracts

Titling Company Notes. The Company may issue Titling Company Notes with respect to (and only with respect to) any Titling Company Note Specified Interest. If so specified in the Titling Company Note Indenture with respect to any Titling Company Notes or in the Titling Company Specification Notice with respect to the related Specified Interest, the related Titling Company Noteholders may designate an indenture trustee or other third party to exercise the rights of such Titling Company Noteholders under this Agreement. If no such third party is designated, unless otherwise specified in the related Titling Company Specification Notice, the rights of the Titling Company Noteholders may be exercised only with the consent of 100% of such holders.

Titling Company Notes. The Company may issue Titling Company Notes with respect to for (and only with respect tofor) any Titling Company Note Specified Interest. If so specified stated in the Titling Company Note Indenture with respect to Agreement for any Titling Company Notes or in the Titling Company Specification Notice with respect to for the related Specified Interest, the related Titling Company Noteholders may designate an indenture trustee or other third party a Titling Company Note Trustee to exercise the rights of such Titling Company Noteholders under this Agreement. If no such third party Titling Company Note Trustee is designated, unless otherwise specified stated in the related Titling Company Specification Notice, the rights of the Titling Company Noteholders may be exercised only with the consent of 100% of such holdersthe Titling Company Noteholders.