Action by Certificateholders Regarding Bankruptcy. Except upon delivery to the Owner Trustee by each Certificateholder of a certificate certifying that the Certificateholder reasonably believes that the Trust is insolvent, the Owner Trustee may not commence a voluntary proceeding in bankruptcy relating to the Trust.
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Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E)
Action by Certificateholders Regarding Bankruptcy. Except upon delivery to the Owner Trustee Trustees by each Certificateholder of a certificate certifying that the Certificateholder reasonably believes that the Trust is insolvent, the Owner Trustee Trustees may not commence a voluntary proceeding in bankruptcy relating to the Trust.
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