Requesting Noteholders definition
Examples of Requesting Noteholders in a sentence
The Enforcement Request shall indicate the specific enforcement steps the Requesting Noteholders request the Collateral Agent to take.
If Noteholders and Note Owners representing at least 5% of the outstanding aggregate Principal Balance of all Notes (other than Notes held by the Sponsor, the Servicer, or any affiliate of either) properly and timely request a vote (such requesting Noteholders and Note Owners, collectively, the "Requesting Noteholders"), then the Indenture Trustee will promptly notify the Servicer, the Administrator and the Asset Representations Reviewer thereof.