Common use of Action by Trust Certificateholders with Respect to Certain Matters Clause in Contracts

Action by Trust Certificateholders with Respect to Certain Matters. (a) Except as set forth in Section 4.02(b) and subject to the provisions and limitations of Section 4.04, to the extent the Issuing Entity is deemed to be the Holder of the 2013-A SUBI Certificate pursuant to the SUBI Trust Agreement, the Issuing Entity shall take such actions as directed in writing by Trust Certificateholders holding Trust Certificates evidencing an interest of at least 50% of the outstanding Certificate Balance. 11 (NALT 2013-A Amended and Restated Trust Agreement)

Action by Trust Certificateholders with Respect to Certain Matters. (a) Except as set forth in Section 4.02(b) and subject to the provisions and limitations of Section 4.04, to the extent the Issuing Entity is deemed to be the Holder of the 20132018-A SUBI Certificate pursuant to the SUBI Trust Agreement, the Issuing Entity shall take such actions as directed in writing by Trust Certificateholders holding Trust Certificates evidencing an interest of at least 50% of the outstanding Certificate Balance. 11 12 (NALT 20132018-A Amended and Restated Trust Agreement)

Action by Trust Certificateholders with Respect to Certain Matters. (a) Except as set forth in Section 4.02(b) and subject to the provisions and limitations of Section 4.04, to the extent the Issuing Entity is deemed to be the Holder of the 20132017-A B SUBI Certificate pursuant to the SUBI Trust Agreement, the Issuing Entity shall take such actions as directed in writing by Trust Certificateholders holding Trust Certificates evidencing an interest of at least 50% of the outstanding Certificate Balance. 11 12 (NALT 20132017-A B Amended and Restated Trust Agreement)

Action by Trust Certificateholders with Respect to Certain Matters. (a) Except as set forth in Section 4.02(b) and subject to the provisions and limitations of Section 4.04, to the extent the Issuing Entity is deemed to be the Holder of the 20132012-A B SUBI Certificate pursuant to the SUBI Trust Agreement, the Issuing Entity shall take such actions as directed in writing by Trust Certificateholders holding Trust Certificates evidencing an interest of at least 50% of the outstanding Certificate Balance. 11 (NALT 20132012-A B Amended and Restated Trust Agreement)

Action by Trust Certificateholders with Respect to Certain Matters. (a) Except as set forth in Section 4.02(b) and subject to the provisions and limitations of Section 4.04, to the extent the Issuing Entity is deemed to be the Holder of the 20132012-A SUBI Certificate pursuant to the SUBI Trust Agreement, the Issuing Entity shall take such actions as directed in writing by Trust Certificateholders holding Trust Certificates evidencing an interest of at least 50% of the outstanding Certificate Balance. 11 (NALT 20132012-A Amended and Restated Trust Agreement)