Instituting Noteholders has the meaning set forth in Section 7.6(a) of the Indenture.
Instituting Noteholders has the meaning set forth in Section 7.5(a) of the Indenture. App. A-11 Appendix A to the Sale and Servicing Agreement
Examples of Instituting Noteholders in a sentence
If the Instituting Noteholders initiate a vote as described in this clause (a), the Indenture Trustee shall submit the matter to a vote of all Noteholders, which shall be through the Clearing Agency if the Notes are represented by Book-Entry Notes.
Each of NMAC, the Seller and the Issuer hereby acknowledges and agrees that it shall reasonably cooperate with the Indenture Trustee to facilitate any vote by the Instituting Noteholders pursuant to terms of Section 7.08 of the Indenture.