Common use of Prior Notice to Holder with Respect to Certain Matters Clause in Contracts

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 Certificateholder in writing of the proposed action and the Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the Certificateholder has withheld consent or provided alternative direction:

Appears in 163 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2020-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2019-4)

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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 thirty (30) days before the taking of such action, the Owner Trustee shall have notified the Certificateholder in writing of the proposed action and the Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th thirtieth (30th) day after such notice is given that the Certificateholder has withheld consent or provided alternative direction:

Appears in 55 contracts

Samples: Trust Agreement (AmeriCredit Automobile Receivables Trust 2024-1), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2)

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 26 contracts

Samples: Trust Agreement (Exeter Automobile Receivables Trust 2024-1), Trust Agreement (Exeter Automobile Receivables Trust 2024-1), Trust Agreement (Exeter Automobile Receivables Trust 2023-2)

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 Certificateholder in writing of the proposed action and the Certificateholder shall will not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the Certificateholder has withheld consent or provided alternative direction:

Appears in 3 contracts

Samples: Trust Agreement (Triad Automobile Receivables Trust 2003-B), Trust Agreement (Triad Automobile Receivables Trust 2002 A), Trust Agreement (Bond Securitization LLC)

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 thirty (30) days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholder[s] in writing of the proposed action and the Certificateholder [Majority] Certificateholder[s] shall not have notified the Owner Trustee in writing prior to the 30th thirtieth (30th) day after such notice is given that the Certificateholder has Certificateholder[s] [has]/[have] withheld consent or provided alternative direction:

Appears in 3 contracts

Samples: Trust Agreement (Afs Sensub Corp.), Trust Agreement (Afs Sensub Corp.), Trust Agreement (Afs Sensub Corp.)

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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 Certificateholder in writing of the proposed action and the Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the Certificateholder has withheld consent or provided alternative directiondirection :

Appears in 1 contract

Samples: Trust Agreement (Americredit Financial Services Inc)

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 Certificateholder in writing of the proposed action and the Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the Certificateholder has withheld consent or provided alternative direction:: Back to Contents

Appears in 1 contract

Samples: Trust Agreement (Americredit Automobile Receivables Trust 2004-a-F)

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