Common use of Actions by Certificateholders Clause in Contracts

Actions by Certificateholders. (a) By its acceptance of Certificates pursuant to this Agreement and the applicable Supplement, each Certificateholder acknowledges and agrees that, wherever in this Agreement a provision states that an action may be taken or a notice, demand or instruction given by any Series of Investor Certificate- holders, any class of Investor Certificateholders or the Investor Certificateholders, the action, notice or instruction may be taken or given by any Holder of an Investor Certificate of the Series or class or by any Investor Certificateholder, respectively, unless the provision requires a specific percentage of the Series or class of Investor Certificateholders or of all Investor Certificateholders.

Actions by Certificateholders. (a) By its acceptance of Certificates pursuant to this Agreement and the applicable SupplementAgreement, each Certificateholder acknowledges and agrees that, wherever in this Agreement a provision states that an action may be taken or a notice, demand or instruction given by any Series of Investor Certificate- holdersCertificateholders, any class of Investor Certificateholders or the Investor Certificateholders, the action, notice or instruction may be taken or given by any Holder of an Investor Certificate of the Series or class or by any Investor Certificateholder, respectively, unless the provision requires a specific percentage of the Series or class of Investor Certificateholders or of all Investor Certificateholders.

Actions by Certificateholders. (a) By its acceptance of Certificates pursuant to this Agreement and the applicable Supplement, each Certificateholder acknowledges and agrees that, wherever in this Agreement a provision states that an action may be taken or a notice, demand or instruction given by any Series of Investor Certificate- holdersCertificateholders, any class Class of Investor Certificateholders or the Investor Certificateholders, the such action, notice or instruction may be taken or given by any Holder of an Investor any Certificate of the such Series or class Class or by any Investor Certificateholder, respectively, unless the such provision requires a specific percentage of the such Series or class Class of Investor Certificateholders or of all Investor Certificateholders.