Common use of Action by Certificateholders with Respect to Bankruptcy Clause in Contracts

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certification certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves with the consent of such commencement in writing in advance the Credit Enhancer and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless Issuer without the unanimous prior approval of all Certificateholders (iincluding the Depositor, if the Depositor is a Certificateholder) and the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves the consent of such commencement in writing in advance the Noteholders and delivers the Owner Trustee and the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent. This paragraph shall survive for one year following termination of this Trust Agreement.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) the Notes have been paid in full and (ii) each Certificateholder (other than the Depositor) approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy Proceeding under any Insolvency Law relating to the Trust Issuer unless (i) the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person Certificateholder reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding Proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders, and (ii) each Certificateholder approves with the consent of such commencement in writing in advance the Enhancer, and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves the consent of such commencement in writing in advance the Bondholders and delivers the Owner Trustee and the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent. This paragraph shall survive for one year following termination of this Trust Agreement.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust Issuer without the unanimous prior approval of all Certificateholders unless (i) the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves the consent of such commencement in writing in advance the Bond Insurer, the Bondholders and delivers the Owner Trustee and the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent. This paragraph shall survive for one year following termination of this Trust Agreement.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves the consent of such commencement in writing in advance the Owner Trustee and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent. This paragraph shall survive for one year following termination of this Trust Agreement.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to Issuer until the Trust unless (i) Outstanding Amount of all the Notes have has been paid in full reduced to zero and (ii) each Certificateholder approves without the unanimous prior approval of such commencement in writing in advance all Certificateholders and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust without the unanimous prior approval of all Holders of Certificates (including the unanimous approval of the board of directors of the Seller) unless (i) the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust Issuer unless (i) the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The To the fullest extent permitted by law, the Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certification certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding Proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders, and (ii) each Certificateholder approves with the consent of such commencement in writing in advance the Credit Enhancer, and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Neither the Trust nor the Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust without the unanimous prior approval of all Holders of Certificates (including the unanimous approval of the board of directors of the Seller) unless (i) the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding Proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders, and (ii) each Certificateholder approves with the prior written consent of such commencement in writing in advance the Enhancer, and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding Proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves the Note Insurer and the consent of such commencement in writing in advance the Owner Trustee and delivers the delivery to the Owner Trustee by each such Certificateholder and the Note Insurer of a certificate certifying that such Person Certificateholder and the Note Insurer reasonably believes that the Trust is insolvent. This paragraph shall survive for one year following termination of this Trust Agreement.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders, the Bondholders and (ii) each Certificateholder approves of such commencement in writing in advance the Owner Trustee and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent. This paragraph shall survive for one year following termination of this Trust Agreement.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless without the unanimous prior approval of all Certificateholders and with the consent of the Credit Enhancer (iso long as no Credit Enhancer Default has occurred and is continuing) and the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to to, and shall not, commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full and (ii) prior written consent of each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each Certificateholder of a certificate certifying that such Person it reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) the Notes have been paid in full and (ii) the Insurer, if no Insurer Default shall have occurred and be continuing, or, if an Insurer Default shall have occurred and be continuing, each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless without the unanimous prior approval of all Certificateholders (iincluding the Seller) and the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent; provided, however, that under no circumstances shall the Owner Trustee commence or join in commencing any such proceeding prior to the date that is one year and one day after the termination of the Trust.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to to, and shall not, commence a voluntary proceeding in bankruptcy relating to the Trust without the prior written consent of the Security Insurer (unless (ian Insurer Default shall have occurred and be continuing) the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each Certificateholder of a certificate certifying that such Person it reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to to, and shall not, commence a voluntary proceeding in bankruptcy relating to the Trust without the prior written consent of the Security Insurer (unless (ian Insurer Default shall have occurred and be continuing) and the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers delivery to the Owner Trustee by each Certificateholder of a certificate certifying that such Person it reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding Proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders, and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner ------------------------------------------------------- Eligible Lender Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless without the unanimous prior approval of all Certificateholders (iother than the Depositor) and the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers delivery to the Owner Eligible Lender Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) until the Outstanding Amount of all the Notes have has been paid in full reduced to zero and (ii) each Certificateholder approves without the unanimous prior approval of such commencement in writing in advance all Certificateholders and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to to, and shall not, commence a voluntary proceeding in bankruptcy relating to the Trust unless without the prior written consent of the Security Insurer (i) the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person reasonably believes that the Trust is insolvent.unless

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee a certificate by each such Certificateholder certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to Trust without the Trust unless (i) unanimous prior approval of all Certificateholders and the Notes have been paid in full and (ii) delivery to Trustee by each such Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) Issuer without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full prior approval of the Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by Certificateholders evidencing Percentage Interests aggregating more than 50% of a certificate certifying that such Person Certificateholders reasonably believes believe that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full prior approval of the Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by Certificateholders evidencing more than 50% of the Certificate Balance of a certificate certifying that such Person Certificateholders reasonably believes believe that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless without the unanimous prior approval of all Holders of Certificates (iincluding the holder of the GP Interest) and the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless without the unanimous prior approval of all Holders of Certificates (iincluding the holder of the AO Interest) and the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) until the Outstanding Amount of all the Notes have has been paid in full reduced to zero and (ii) each Certificateholder approves without the unanimous prior approval of such commencement in writing in advance all Certificateholders and delivers the Note Insurer and the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Class [__] Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full consent and (ii) each Certificateholder approves approval of such commencement in writing in advance the Note Insurer, the unanimous prior approval of all Certificateholders and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) the Notes have been paid in full and (ii) the Insurer, if an Insurer Default shall not have occurred and be continuing, and each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent. [Compare Section 10.11 of the Transfer and Servicing Agreement.]

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) Issuer without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificate-holder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence com- mence a voluntary proceeding in bankruptcy relating to the Trust unless (i) Issuer without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificate- holder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust Issuer at the direction of Certificateholders unless (i) the Notes have been paid in full and (ii) so long as no Insurer Default shall have occurred and be continuing, the Insurer, or, if an Insurer Default shall have occurred and be continuing, each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full prior approval of Certificateholders evidencing more than 50% of the Certificate Balance and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by such Certificateholders of a certificate certifying that such Person Certificateholders reasonably believes believe that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless without the unanimous prior approval of all Holders of Certificates (iincluding the holder of the AO Interest) and the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolventinsolvent .

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) Issuer without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying written certification that such Person Certificateholder reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust Issuer unless (i) the Notes have been paid in full and (ii) so long as no Insurer Default shall have occurred and be continuing, the Insurer, or, if an Insurer Default shall have occurred and be continuing, each Certificateholder approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person reasonably believes that the Trust Issuer is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Holders of Certificates and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves with the prior written consent of such commencement in writing in advance the Credit Enhancer and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The ------------------------------------------------------- Owner Trustee shall not have the power to commence a voluntary proceeding Proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders, and (ii) each Certificateholder approves with the prior written consent of such commencement in writing in advance the Enhancer, and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The ------------------------------------------------------- Owner Trustee shall not have the power to to, and shall not, commence a voluntary proceeding in bankruptcy relating to the Trust without the prior written consent of the Security Insurer (unless (ian Insurer Default shall have occurred and be continuing) and the Notes have been paid in full and (ii) each Certificateholder approves of such commencement in writing in advance and delivers delivery to the Owner Trustee by each Certificateholder of a certificate certifying that such Person it reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in a bankruptcy relating to the Trust unless (i) without the Notes have been paid in full unanimous prior approval of all Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full prior approval of the Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by the Certificateholders of a certificate certifying that such Person it reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless (i) without the Notes have been paid in full prior written consent of the Certificateholders and (ii) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by the Certificateholders of a certificate certifying that such Person the Certificateholders reasonably believes believe that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy relating to the Trust unless without the unanimous prior approval of all Holders of Certificates (iincluding the holder of the AO Interest) and the Notes Insurer (so long as no Insurer Default shall have been paid in full occurred and (iibe continuing) each Certificateholder approves of such commencement in writing in advance and delivers the delivery to the Owner Trustee by each such Certificateholder of a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.

Action by Certificateholders with Respect to Bankruptcy. The Owner Trustee shall not have the power to commence a voluntary proceeding in bankruptcy bank ruptcy relating to the Trust unless (i) the Notes have been paid in full and (ii) each Certificateholder (other than the Depositor) approves of such commencement in writing in advance and delivers to the Owner Trustee a certificate certifying that such Person Certificateholder reasonably believes that the Trust is insolvent.