Common use of Waiver of Past Events of Servicing Termination Clause in Contracts

Waiver of Past Events of Servicing Termination. The Holders of Notes evidencing not less than 51% of the Outstanding Amount (as defined in the Indenture) of the Notes or the Holders of Certificates evidencing not less than a majority of the Certificate Balance (in the case of an Event of Servicing Termination which does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders and Certificateholders, waive any Event of Servicing Termination hereunder and its consequences, except an event resulting from the failure to make any required deposits to, or payments from, any of the Trust Accounts, the Certificate Distribution Account, the Yield Supplement Account, the Supplemental Reserve Account or the Reserve Account in accordance with this Agreement. Upon any such waiver of a past Event of Servicing Termination, such event shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except to the extent expressly so waived. ARTICLE IX

Waiver of Past Events of Servicing Termination. The Holders of Notes evidencing not less than 51% a majority of the Outstanding Amount (as defined in the Indenture) of the Notes or the Holders of Certificates evidencing not less than a majority of the Certificate Balance (in the case of an Event of Servicing Termination which does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders and Certificateholders, waive any Event of Servicing Termination hereunder and its consequences, except an event resulting from the failure to make any required deposits to, or payments from, any of the Trust AccountsCollection Account, the Note Distribution Account, the Payahead Account, the Certificate Distribution Account, the Yield Supplement Account, the Supplemental Reserve Account or the Reserve Account Accounts in accordance with this Agreement. Upon any such waiver of a past Event of Servicing Termination, such event shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except to the extent expressly so waived. ARTICLE IX.

Waiver of Past Events of Servicing Termination. The Holders of Notes evidencing not less than 51% of the Outstanding Amount (as defined in the Indenture) of the Notes or the Holders of Certificates evidencing not less than a majority of the Certificate Balance (in the case of an Event of Servicing Termination which does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders Noteholders, Certificateholders and Certificateholdersthe Final Payment Certificateholder, waive any Event of Servicing Termination hereunder and its consequences, except an event resulting from the failure to make any required deposits to, or payments from, any of the Trust Accounts, the Certificate Distribution Account, the Yield Supplement Account, the Supplemental Reserve Account or the Reserve Account in accordance with this Agreement. Upon any such waiver of a past Event of Servicing Termination, such event shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except to the extent expressly so waived. ARTICLE IX.

Waiver of Past Events of Servicing Termination. The Holders of Notes evidencing not less than 51% of the Outstanding Amount (as defined in the Indenture) of the Notes or the Holders of Certificates evidencing not less than a majority of the Certificate Balance (in the case of an Event of Servicing Termination which does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders and Certificateholders, waive any Event of Servicing Termination hereunder and its consequences, except an event resulting from the failure to make any required deposits to, or payments from, any of the Trust Accounts, Accounts and the Certificate Distribution Account, the Yield Supplement Account, the Supplemental Reserve Account or the Reserve Account in accordance with this Agreement. Upon any such waiver of a past Event of Servicing Termination, such event shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except to the extent expressly so waived. ARTICLE IX

Waiver of Past Events of Servicing Termination. The Holders Noteholders of Notes evidencing not less than 51% a majority of the Outstanding Amount (as defined in the Indenture) principal amount of the Notes Outstanding or the Holders Certificateholders of Certificates evidencing not less than a majority of the Certificate Balance (in the case of an Event of Servicing Termination which does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders and Certificateholders, waive any Event of Servicing Termination Termx- 00 nation hereunder and its consequences, except an event resulting from the failure to make any required deposits to, to or payments from, from any of the Trust Accounts, the Certificate Distribution Account, the Yield Supplement Account, the Supplemental Reserve Account or the Reserve Payahead Account in accordance with this Agreement. Upon any such waiver of a past Event of Servicing Termination, such event Event of Servicing Termination shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except consequent thereon. The Issuer shall provide written notice of any such waiver to the extent expressly so waived. ARTICLE IXRating Agencies.

Waiver of Past Events of Servicing Termination. The Holders holders of Notes evidencing not less than 51% a majority of the Outstanding Amount (as defined in the Indenture) aggregate outstanding receivable balance of the Notes (or the Holders holders of any Certificates evidencing not less than a majority of the Certificate Balance (then outstanding in the case of an any Event of Servicing Termination which that does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders such holders of Notes and Certificateholders, Certificates waive any Event of Servicing Termination hereunder and its consequences, except an event resulting from the failure to make any required deposits to, or payments from, any of the Trust Accounts, the Certificate Distribution Account, the Yield Supplement Account, the Supplemental Reserve Account Accounts or the Reserve Account in accordance with this Agreement. Upon any such waiver of a past Event of Servicing Termination, such event shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except to the extent expressly so waived. ARTICLE IX.

Waiver of Past Events of Servicing Termination. The Holders holders of Notes evidencing not less than 51% a majority of the Outstanding Amount (as defined in the Indenture) principal amount of the [Controlling Class] [Notes] (or, if no Notes or the Holders are Outstanding, holders of Certificates evidencing not less than a majority of the [Percentage Interests evidenced by the Certificates] [Certificate Balance (in the case of an Event of Servicing Termination which does not adversely affect the Indenture Trustee or the NoteholdersBalance]) may, on behalf of all Noteholders and Certificateholders, waive any Event of Servicing Termination hereunder and its consequences, except an event resulting from the failure to make any required deposits to, to or payments from, from any of the Trust Accounts, Accounts or the Certificate Distribution Account, the Yield Supplement Account, the Supplemental Reserve Account or the Reserve Account in accordance with this Agreement, which shall require the unanimous vote of all Holders of Outstanding Securities. Upon any such waiver of a past Event of Servicing Termination, such event Event of Servicing Termination shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except consequent thereon. The Issuer shall provide written notice of any such waiver to the extent expressly so waived. ARTICLE IXRating Agencies.

Waiver of Past Events of Servicing Termination. The Holders Noteholders of Notes evidencing not less than 51% a majority of the Outstanding Amount (as defined in the Indenture) principal amount of the Notes Outstanding or the Holders Certificateholders of Certificates evidencing not less than a majority of the Certificate Balance (in the case of an Event of Servicing Termination which does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders and Certificateholders, waive any Event of Servicing Termination hereunder and its consequences, except an event resulting from the failure to make any required deposits to, to or payments from, from any of the Trust Accounts, the Certificate Distribution Account, the Yield Supplement Account, the Supplemental Reserve Account or the Reserve Account in accordance with this Agreement. Upon any such waiver of a past Event of Servicing Termination, such event Event of Servicing Termination shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except to the extent expressly so waived. ARTICLE IXconsequent thereon.

Waiver of Past Events of Servicing Termination. The Holders of Notes evidencing not less than 51% of the Outstanding Amount (as defined in the Indenture) of the Notes or the Holders of Certificates evidencing not less than a majority of the Certificate Balance (in the case of an Event of Servicing Termination which does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders and Certificateholders, waive any Event of Servicing Termination hereunder and its consequences, except an event resulting from the failure to make any required deposits to, or payments from, any of the Trust Accounts, the Certificate Distribution Account, the Yield Supplement Account, the Supplemental Reserve Account or the Reserve Account in accordance with this Agreement. Upon any such waiver of a past Event of Servicing Termination, such event shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except to the extent expressly so waived. ARTICLE IX.

Waiver of Past Events of Servicing Termination. The Holders ---------------------------------------------- holders of Notes evidencing not less than 51% a majority of the Outstanding Amount (as defined in the Indenture) aggregate outstanding principal balance of the Notes (or the Holders holders of any Certificates evidencing not less than a majority of the Certificate Balance (then outstanding in the case of an any Event of Servicing Termination which that does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders such holders of Notes and Certificateholders, Certificates waive any Event of Servicing Termination hereunder and its consequences, except an event resulting from the failure to make any required deposits to, or payments from, any of the Trust Accounts, the Certificate Distribution Account, the Yield Supplement Account, the Supplemental Reserve Account Accounts or the Reserve Account in accordance with this Agreement. Upon any such waiver of a past Event of Servicing Termination, such event shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except to the extent expressly so waived. ARTICLE IX.