Common use of Voting Rights and Other Actions Clause in Contracts

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:

Appears in 8 contracts

Samples: Trust Agreement (Exeter Automobile Receivables Trust 2023-3), Trust Agreement (Exeter Automobile Receivables Trust 2023-5), Trust Agreement (Exeter Automobile Receivables Trust 2023-4)

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Voting Rights and Other Actions. SECTION 4.1. Prior Notice to Holder 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 Holding Trust Certificateholder Certificateholders in writing of the proposed action and the Holding Trust no Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the Holding Trust such Certificateholder has withheld consent or provided alternative direction:

Appears in 6 contracts

Samples: Trust Agreement (Exeter Automobile Receivables Trust 2023-5), Trust Agreement (Exeter Automobile Receivables Trust 2023-5), Trust Agreement (Exeter Automobile Receivables Trust 2024-2)

Voting Rights and Other Actions. SECTION 4.1. 4.1 Prior Notice to Holder Certificateholders 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 Certificateholders in writing of the proposed action and the Holding Trust Certificateholder Certificateholders 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 such Certificateholders have withheld consent or provided alternative direction:

Appears in 5 contracts

Samples: Trust Agreement (Advanta Mortgage Loan Trust 1998-4c), Trust Agreement (Advanta Mortgage Loan Trust 1998-4c), Trust Agreement (Advanta Mortgage Loan Trust 1998-4c)

Voting Rights and Other Actions. SECTION Section 4.1. Prior Notice to Holder Holders with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action any of the actions set forth below unless at least 30 thirty (30) days before the taking of such action, the Owner Trustee shall have notified the Holding Trust Certificateholder Certificateholder(s) and the Insurer in writing of the proposed action and the Holding Trust Certificateholder Instructing Party (pursuant to Section 4.5, if applicable) shall not have notified the Owner Trustee in writing prior to the 30th day after that such notice is given that the Holding Trust Certificateholder has withheld consent or provided alternative directionCertificateholder(s) have consented thereto:

Appears in 2 contracts

Samples: Trust Agreement (Asset Backed Securities Corp), Trust Agreement (Asset Backed Securities Corp)

Voting Rights and Other Actions. SECTION 4.1. Section 4.1 Prior Notice to Holder with Respect to Certain Matters. With respect to the following matters, the Owner Trustee Trust 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 and the Indenture Trustee in writing of the proposed action action, and the Holding Trust Certificateholder shall not have notified Certificateholder, with the prior written consent of the Majority Holders, has approved such action in writing, which approval has been received by the Owner Trustee in writing prior to by the 30th day after such notice is given that the Holding Trust Certificateholder has withheld consent or provided alternative directiongiven:

Appears in 2 contracts

Samples: Trust Agreement (Bay View Capital Corp), Trust Agreement (Bay View Capital Corp)

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:

Appears in 2 contracts

Samples: Trust Agreement (Americredit Automobile Receivables Trust 2004-B-M), Trust Agreement (AmeriCredit Automobile Receivables Trust 2004-D-F)

Voting Rights and Other Actions. SECTION 4.1. Prior Notice to Holder with Respect to Certain MattersPRIOR 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:

Appears in 1 contract

Samples: Trust Agreement (Americredit Financial Services Inc)

Voting Rights and Other Actions. SECTION 4.1. Prior Notice to Holder Certificateholders with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 thirty (30) days before the taking of such action, the Owner Trustee shall have notified the Holding Trust Certificateholder Certificateholders and the Note Insurer in writing of the proposed action and the Holding Trust Certificateholder Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the Holding Trust any Certificateholder has withheld consent or provided alternative direction:

Appears in 1 contract

Samples: Trust Agreement (Long Beach Acceptance Corp)

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 will not take action unless at least 30 days before the taking of such action, the Owner Trustee shall will have notified the Holding Trust Certificateholder in writing of the proposed action and the Holding Trust Certificateholder shall will 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:

Appears in 1 contract

Samples: Trust Agreement (Triad Automobile Receivables Trust 2004-A)

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Voting Rights and Other Actions. SECTION 4.1. Prior Notice to Holder Certificateholder with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 thirty (30) days before the taking of such action, the Owner Trustee shall have notified the Holding Trust Certificateholder and the Note Insurer 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:

Appears in 1 contract

Samples: Trust Agreement (Long Beach Acceptance Corp)

Voting Rights and Other Actions. SECTION 4.1. Prior Notice to Holder 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 Holding Trust Certificateholder Certificateholders in writing of the proposed action and the Holding Trust Certificateholder Certificate Majority 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 such Certificateholders have withheld consent or provided alternative direction:

Appears in 1 contract

Samples: Trust Agreement (Household Auto Receivables Corp)

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:

Appears in 1 contract

Samples: Trust Agreement (Americredit Financial Services Inc)

Voting Rights and Other Actions. SECTION 4.11. Prior Notice to Holder 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 Holding Trust Certificateholder Certificateholders in writing of the proposed action and the Holding Trust Certificateholder Certificateholders 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 such Certificateholders have withheld consent or provided alternative direction:

Appears in 1 contract

Samples: Trust Agreement (Americredit Financial Services Inc)

Voting Rights and Other Actions. SECTION 4.1. Prior Notice to Holder Holders with Respect to Certain Matters----------------------------------------------- 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 Certificateholders in writing of the proposed action and the Holding Trust Certificateholder Certificateholders 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 such Certificateholders have withheld consent or provided alternative direction:

Appears in 1 contract

Samples: Executive Copy (Headlands Mortgage Securities Inc)

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