Common use of Impairment of Rights Clause in Contracts

Impairment of Rights. The Trust shall not take any action, or fail to take any action, if such action or failure to take action may interfere with the enforcement of any rights under the Transaction Documents that are material to the rights, benefits or obligations of the Indenture Trustee, the Noteholders or Financial Security.

Impairment of Rights. The Trust shall not take any action, or fail to take any action, if such action or failure to take action may would be reasonably likely to (i) interfere with the enforcement of any rights under the Transaction Documents that are material to the rights, benefits or obligations of the Indenture Trustee, the Certificateholder, the Noteholders or Financial Security, (ii) result in a Material Adverse Change in respect of the Receivables, or (iii) impair the ability of the Trust to perform its obligations under the Transaction Documents.

Impairment of Rights. The Trust shall not take any action, or fail to take any action, if such action or failure to take action may interfere with the enforcement of any rights under the Transaction Documents that are material to the rights, benefits or obligations of the Indenture Trustee, the Noteholders Noteholders, the Certificateholders or Financial Security.

Impairment of Rights. The Trust shall not take any action, or fail to take any action, if such action or failure to take action may (i) interfere with the enforcement of any rights under the Transaction Documents that are material to the rights, benefits or obligations of the Indenture Trustee, the Noteholders Certificateholders, the holders of Securities or Financial Security, (ii) result in a Material Adverse Change in respect of the Receivables or (iii) impair the ability of the Trust to perform its obligations under the Transaction Documents.

Impairment of Rights. The Trust shall not take any action, or fail to take any action, if such action or failure to take action may would be reasonably likely to (i) interfere with the enforcement of any rights under the Transaction Documents that are material to the rights, benefits or obligations of the Indenture Trustee, the Certificateholder, the Noteholders or Financial SecurityAssured Guaranty, (ii) result in a Material Adverse Change in respect of the Receivables, or (iii) impair the ability of the Trust to perform its obligations under the Transaction Documents.

Impairment of Rights. The Trust shall not take any action, or fail to take any action, if such action or failure to take action may (i) interfere with the enforcement of any rights under the Transaction Documents that are material to the rights, benefits or obligations of the Indenture Trustee, the Noteholders Trust Collateral Agent, the Certificateholders, the holders of Securities, the Class B Notes or Financial Security, (ii) result in a Material Adverse Change in respect of the Receivables or (iii) impair the ability of the Trust to perform its obligations under the Transaction Documents.