Voting Rights and Other Actions. 10 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters....10 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters...................................................11 SECTION 4.3. Restrictions on Certificateholder's Power.................11 SECTION 4.4. Rights of Security Insurer................................12
Voting Rights and Other Actions. 16 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters. 16 SECTION 4.2. Action by Holding Trust Certificateholder with Respect to Certain Matters. 16 SECTION 4.3. Restrictions on Holding Trust Certificateholder’s Power. 17 SECTION 4.4. [Reserved]. 17 SECTION 4.5. Action with Respect to Bankruptcy Action. 17 SECTION 4.6. Covenants and Restrictions on Conduct of Business. 18 ARTICLE V AUTHORITY AND DUTIES OF OWNER TRUSTEE 20 SECTION 5.1. General Authority. 20 SECTION 5.2. General Duties. 20 TABLE OF CONTENTS (continued) Page SECTION 5.3. Action upon Instruction. 20 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions. 21 SECTION 5.5. No Action Except under Specified Documents or Instructions. 22 SECTION 5.6. Restrictions. 22 SECTION 5.7. Covenants for Reporting of Repurchase Demands due to Breaches of Representations and Warranties. 22 ARTICLE VI CONCERNING THE OWNER TRUSTEE 23 SECTION 6.1. Acceptance of Trusts and Duties. 23 SECTION 6.2. Furnishing of Documents. 25 SECTION 6.3. Representations and Warranties. 25 SECTION 6.4. Reliance; Advice of Counsel. 26 SECTION 6.5. Not Acting in Individual Capacity. 26 SECTION 6.6. Owner Trustee Not Liable for Holding Trust Certificate or Receivables. 27 SECTION 6.7. Owner Trustee May Own Notes. 27 SECTION 6.8. Payments from Owner Holding Trust Estate. 27 SECTION 6.9. Doing Business in Other Jurisdictions. 28 SECTION 6.10. FATCA Information. 28 SECTION 6.11. Financial Crimes Enforcement Network’s Customer Due Diligence Requirements. 28 ARTICLE VII COMPENSATION OF OWNER TRUSTEE 29 SECTION 7.1. Owner Trustee’s Fees and Expenses. 29 SECTION 7.2. Indemnification. 30 SECTION 7.3. Payments to the Owner Trustee. 30 SECTION 7.4. Non-recourse Obligations. 30 ARTICLE VIII TERMINATION OF TRUST AGREEMENT 31 SECTION 8.1. Termination of Trust Agreement. 31 ARTICLE IX SUCCESSOR OWNER TRUSTEES AND ADDITIONAL OWNER TRUSTEES 32 SECTION 9.1. Eligibility Requirements for Owner Trustee. 32 SECTION 9.2. Resignation or Removal of Owner Trustee. 32 SECTION 9.3. Successor Owner Trustee. 33 SECTION 9.4. Merger or Consolidation of Owner Trustee. 34 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee. 34 ARTICLE X MISCELLANEOUS 35 SECTION 10.1. Supplements and Amendments. 35 SECTION 10.2. No Legal Title to Owner Holding Trust Estate in Holding Trust Certificateholder. 37 SECTION 10.3. Limitations on Rights of Others. 37 SECTION 10.4. Notices. 37 SECTION 10.5. Severability. 37 -ii- TABLE OF CONTENTS...
Voting Rights and Other Actions. SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Holding Trust Certificateholder in writing of the proposed action and the Holding Trust Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the Holding Trust Certificateholder has withheld consent or provided alternative direction:
Voting Rights and Other Actions. 13 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 13 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power 14 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15
Voting Rights and Other Actions. Section 4.1. Prior Notice to Holders with Respect to Certain Matters Section 4.2. Action by Certificateholders with Respect to Certain Matters Section 4.3. Action by Certificateholders with Respect to Bankruptcy Section 4.4. Restrictions on Certificateholders’ Power
Voting Rights and Other Actions. 12 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters 12 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters 13 SECTION 4.3. Restrictions on Certificateholder’s Power 13 SECTION 4.4. [Reserved] 14 SECTION 4.5. Action with Respect to Bankruptcy Action 14 SECTION 4.6. Covenants and Restrictions on Conduct of Business 15 ARTICLE V. AUTHORITY AND DUTIES OF OWNER TRUSTEE 16 SECTION 5.1. General Authority 16 SECTION 5.2. General Duties 17 SECTION 5.3. Action upon Instruction 17 SECTION 5.4. No Duties Except as Specified in this Agreement or in Instructions 18
Voting Rights and Other Actions. 13 SECTION 5.1. Prior Notice with Respect to Certain Matters..............13
Voting Rights and Other Actions. Section 4.1. PRIOR NOTICE TO HOLDERS WITH RESPECT TO CERTAIN MATTERS. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholders in writing of the proposed action and Certificateholders holding, in the aggregate, greater than 50% of the Percentage Interests (a "Certificate Majority") shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Voting Rights and Other Actions. 24 SECTION 4.1 Prior Notice to Holders with Respect to Certain Matters 24 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 27 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 28 SECTION 4.4 Restrictions on Certificateholders’ Power 28 SECTION 4.5 Majority Control 28 SECTION 4.6 Rights of the Noteholders 29 ARTICLE V Certain Duties 29 TABLE OF CONTENTS (continued) Page SECTION 5.1 Accounting and Records to the Certificateholders, the Internal Revenue Service and Others 29 SECTION 5.2 Signature on Returns; Partnership Representative 29 ARTICLE VI Authority and Duties of Owner Trustee 30 SECTION 6.1 General Authority 30 SECTION 6.2 General Duties 30
Voting Rights and Other Actions. 11 SECTION 4.1 Prior Notice to Holder with Respect to Certain Matters ................... 11 SECTION 4.2 Action by Certificateholder with Respect to Certain Matters .............. 11 SECTION 4.3 Restrictions on Certificateholder's Power ................................ 11
