Actions by Owner Trustee. 13 Section 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 4.4 Restrictions on Certificateholders’ Power 14 Section 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 14
Appears in 28 contracts
Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (CarMax Auto Owner Trust 2022-2)
Actions by Owner Trustee. 13 15 Section 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 15 Section 4.2 Action by Certificateholders with Respect to Certain Matters 13 15 Section 4.3 Action by Certificateholders with Respect to Bankruptcy 14 16 Section 4.4 Restrictions on Certificateholders’ Power 14 16 Section 4.5 Majority Control 14 16 Section 4.6 Certain Litigation Matters 1416
Appears in 15 contracts
Samples: Trust Agreement (CarMax Auto Owner Trust 2015-4), Trust Agreement (CarMax Auto Owner Trust 2015-3), Trust Agreement (CarMax Auto Owner Trust 2015-1)
Actions by Owner Trustee. 13 12 Section 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 12 Section 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 4.3 Action by Certificateholders with Respect to Bankruptcy 14 13 Section 4.4 Restrictions on Certificateholders’ Power 14 13 Section 4.5 Majority Control 14 13 Section 4.6 Certain Litigation Matters 14
Appears in 10 contracts
Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)
Actions by Owner Trustee. 13 Section 4.1 4.01 Prior Notice to Certificateholders with Respect to Certain Matters 13 18 Section 4.2 4.02 Action by Certificateholders Servicer with Respect to Certain Matters 13 20 Section 4.3 4.03 Action by Certificateholders with Respect to Bankruptcy 14 20 Section 4.4 4.04 Restrictions on Certificateholders’ Power 14 20 Section 4.5 4.05 Majority Control 14 Section 4.6 Certain Litigation Matters 1420
Appears in 10 contracts
Samples: Trust Agreement (Hyundai Auto Receivables Trust 2021-C), Trust Agreement (Hyundai Auto Receivables Trust 2021-C), Trust Agreement (Hyundai Auto Receivables Trust 2021-B)
Actions by Owner Trustee. 13 Section 9 SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 9 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 10 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 10 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 10 SECTION 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 1410
Appears in 7 contracts
Samples: Trust Agreement (Navistar Financial Corp), Trust Agreement (Navistar Financial Retail Rec Corp Navistar Fin 04 a Own Tr), Trust Agreement (Navistar Financial Corp)
Actions by Owner Trustee. 13 12 Section 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 12 Section 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 4.3 Action by Certificateholders with Respect to Bankruptcy 14 13 Section 4.4 Restrictions on Certificateholders’ Power 14 Section 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 14
Appears in 6 contracts
Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)
Actions by Owner Trustee. 13 Section 4.1 4.01 Prior Notice to Certificateholders with Respect to Certain Matters 13 19 Section 4.2 4.02 Action by Certificateholders Servicer with Respect to Certain Matters 13 21 Section 4.3 4.03 Action by Certificateholders with Respect to Bankruptcy 14 21 Section 4.4 4.04 Restrictions on Certificateholders’ Power 14 21 Section 4.5 4.05 Majority Control 14 Section 4.6 Certain Litigation Matters 1421
Appears in 6 contracts
Samples: Trust Agreement, Trust Agreement (Hyundai Auto Receivables Trust 2015-C), Trust Agreement (Hyundai Auto Receivables Trust 2015-B)
Actions by Owner Trustee. 13 Section SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 14 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 15 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 15 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 16 SECTION 4.5 Majority Control 14 Section 16 SECTION 4.6 Certain Litigation Matters 1416
Appears in 5 contracts
Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (CarMax Auto Owner Trust 2011-1), Trust Agreement (CarMax Auto Owner Trust 2010-3)
Actions by Owner Trustee. 13 Section 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 4.3 Action by Certificateholders with Respect to Bankruptcy 14 13 Section 4.4 Restrictions on Certificateholders’ Power 14 Section 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 14
Appears in 4 contracts
Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)
Actions by Owner Trustee. 13 Section SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 14 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 15 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 15 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 15 SECTION 4.5 Majority Control 14 Section 16 SECTION 4.6 Certain Litigation Matters 1416
Appears in 4 contracts
Samples: Trust Agreement (CarMax Auto Owner Trust 2010-2), Trust Agreement (CarMax Auto Owner Trust 2010-1), Trust Agreement (CarMax Auto Owner Trust 2009-1)
Actions by Owner Trustee. 13 12 Section 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 12 Section 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 4.3 Action by Certificateholders with Respect to Bankruptcy 14 13 Section 4.4 Restrictions on Certificateholders’ Power 14 13 Section 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 14
Appears in 4 contracts
Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)
Actions by Owner Trustee. 13 Section 4.1 SECTION 4.1. Prior Notice to Certificateholders Certificateholder with Respect to Certain Matters 13 Section 4.2 8 SECTION 4.2. Action by Certificateholders Certificateholder with Respect to Certain Matters 13 Section 4.3 8 SECTION 4.3. Action by Certificateholders Certificateholder with Respect to Bankruptcy 14 Section 4.4 8 SECTION 4.4. Restrictions on Certificateholders’ Certificateholder’s Power 14 Section 4.5 9 SECTION 4.5. Majority Control 14 Section 4.6 Certain Litigation Matters 149
Appears in 3 contracts
Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Actions by Owner Trustee. 13 Section SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 14 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 15 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 15 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 15 SECTION 4.5 Majority Control 14 Section 15 SECTION 4.6 Certain Litigation Matters 1415
Appears in 3 contracts
Samples: Trust Agreement (Carmax Auto Owner Trust 2005-1), Trust Agreement (CarMax Auto Owner Trust 2007-2), Trust Agreement (CarMax Auto Owner Trust 2005-2)
Actions by Owner Trustee. 13 Section 4.1 SECTION 4.1. Prior Notice to Certificateholders Certificateholder with Respect to Certain Matters 13 Section 4.2 7 SECTION 4.2. Action by Certificateholders Certificateholder with Respect to Certain Matters 13 Section 4.3 8 SECTION 4.3. Action by Certificateholders Certificateholder with Respect to Bankruptcy 14 Section 4.4 8 SECTION 4.4. Restrictions on Certificateholders’ Certificateholder’s Power 14 Section 4.5 8 SECTION 4.5. Majority Control 14 Section 4.6 Certain Litigation Matters 148
Appears in 2 contracts
Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Actions by Owner Trustee. 13 Section 4.1 SECTION 4.1. Prior Notice to Certificateholders Certificateholder with Respect to Certain Matters 13 Section 4.2 8 SECTION 4.2. Action by Certificateholders Certificateholder with Respect to Certain Matters 13 Section 4.3 8 SECTION 4.3. Action by Certificateholders Certificateholder with Respect to Bankruptcy 14 Section 4.4 8 SECTION 4.4. Restrictions on Certificateholders’ Certificateholder’s Power 14 Section 4.5 8 SECTION 4.5. Majority Control 14 Section 4.6 Certain Litigation Matters 149
Appears in 2 contracts
Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Actions by Owner Trustee. 13 12 Section 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 12 Section 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 4.3 Action by Certificateholders with Respect to Bankruptcy 14 13 Section 4.4 Restrictions on Certificateholders’ Power 14 13 Section 4.5 Majority Control 14 13 Section 4.6 Certain Litigation Matters 1413
Appears in 2 contracts
Samples: Trust Agreement (Carmax Auto Funding LLC), Trust Agreement (Carmax Auto Funding LLC)
Actions by Owner Trustee. 13 Section 10 SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 10 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 10 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 11 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 11 SECTION 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 1411
Appears in 1 contract
Actions by Owner Trustee. 13 Section SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 14 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 14 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 15 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 15 SECTION 4.5 Majority Control 14 Section 15 SECTION 4.6 Certain Litigation Matters 1415
Appears in 1 contract
Actions by Owner Trustee. 13 Section 10 SECTION 4.1 Prior Notice to Certificateholders Certificateholder with Respect to Certain Matters 13 Section 10 SECTION 4.2 Action by Certificateholders Certificateholder with Respect to Certain Matters 13 Section 10 SECTION 4.3 Action by Certificateholders Certificateholder with Respect to Bankruptcy 14 Section 11 SECTION 4.4 Restrictions on Certificateholders’ Certificateholder’s Power 14 Section 11 SECTION 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 1411
Appears in 1 contract
Actions by Owner Trustee. 13 Section SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 15 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 15 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 15 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 16 SECTION 4.5 Majority Control 14 Section 16 SECTION 4.6 Certain Litigation Matters 1416
Appears in 1 contract
Actions by Owner Trustee. 13 Section 4.1 4.01. Prior Notice to Certificateholders with Respect to Certain Matters Matters...................13 Section 4.2 4.02. Action by Certificateholders with Respect to Certain Matters 13 Matters...15 Section 4.3 4.03. Action by Certificateholders with Respect to Bankruptcy 14 Bankruptcy........15 Section 4.4 4.04. Restrictions on Certificateholders’ Power 14 Certificateholders'Power.......................16 Section 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 144.05.
Appears in 1 contract
Samples: Trust Agreement (SSB Vehicle Securities Inc BMW Vehicle Owner Trust 1999-A)
Actions by Owner Trustee. 13 Section 4.1 Prior Notice to Certificateholders Holders with Respect to Certain Matters 13 Matters.......15 Section 4.2 Action by Certificateholders with Respect to Certain Matters 13 Matters......................................................15 Section 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Bankruptcy.......15 Section 4.4 Restrictions on Certificateholders’ Power 14 ' Power.....................16 Section 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 144.5
Appears in 1 contract
Samples: Trust Agreement (Painewebber Asset Acceptance Corp)
Actions by Owner Trustee. 13 Section SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 15 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 15 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 16 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 16 SECTION 4.5 Majority Control 14 Section 16 SECTION 4.6 Certain Litigation Matters 1416
Appears in 1 contract
Actions by Owner Trustee. 13 Section 9 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 9 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section Matters.... 10 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section Bankruptcy......... 10 4.4 Restrictions on Certificateholders’ Power 14 Section 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 14' Power....................... 10 4.5
Appears in 1 contract
Actions by Owner Trustee. 13 Section 9 SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 9 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 9 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 10 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 10 SECTION 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 1410
Appears in 1 contract
Actions by Owner Trustee. 13 Section 18 SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 18 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 19 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 19 SECTION 4.4 Restrictions on Certificateholders’ ' Power 14 Section 19 SECTION 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 1419
Appears in 1 contract
Samples: Trust Agreement (Ford Credit Auto Receivables Two L P)
Actions by Owner Trustee. 13 Section 4.1 SECTION 4.1. Prior Notice to Certificateholders Certificateholder with Respect to Certain Matters 13 Section 4.2 9 SECTION 4.2. Action by Certificateholders Certificateholder with Respect to Certain Matters 13 Section 4.3 9 SECTION 4.3. Action by Certificateholders Certificateholder with Respect to Bankruptcy 14 Section 4.4 9 SECTION 4.4. Restrictions on Certificateholders’ Certificateholder’s Power 14 Section 4.5 10 SECTION 4.5. Majority Control 14 Section 4.6 Certain Litigation Matters 1410
Appears in 1 contract
Samples: Trust Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Actions by Owner Trustee. 13 Section SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 14 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 15 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 15 SECTION 4.4 Restrictions on Certificateholders’ ' Power 14 Section 16 SECTION 4.5 Majority Control 14 Section 16 SECTION 4.6 Certain Litigation Matters 1416
Appears in 1 contract
Actions by Owner Trustee. 13 Section 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section Matters....12 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section Matters..........12 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section Bankruptcy...............13 4.4 Restrictions on Certificateholders’ Power 14 Section 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 14' Power.............................13
Appears in 1 contract
Actions by Owner Trustee. 13 Section SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 14 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 15 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 15 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 15 SECTION 4.5 Majority Control 14 Section 15 SECTION 4.6 Certain Litigation Matters 1416
Appears in 1 contract
Actions by Owner Trustee. 13 Section 4.1 4.01. Prior Notice to Certificateholders with Respect to Certain Matters 13 10 Section 4.2 4.02. Action by the Certificateholders with Respect to Certain Matters 13 12 Section 4.3 4.03. Action by the Certificateholders with Respect to Bankruptcy 14 12 Section 4.4 4.04. Restrictions on Certificateholders’ Power 14 12 Section 4.5 4.05. Majority Control 14 Section 4.6 Certain Litigation Matters 1412
Appears in 1 contract
Samples: Trust Agreement (Mru Abs Ii LLC)
Actions by Owner Trustee. 13 Section 14 SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section 14 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section 15 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section 15 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 15 SECTION 4.5 Majority Control 14 Section 15 SECTION 4.6 Certain Litigation Matters 14Restriction on Owner Trustee’s Power to Issue Indebtedness 16
Appears in 1 contract
Actions by Owner Trustee. 13 Section 11 SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 Section Matters................................11 SECTION 4.2 Action by Certificateholders with Respect to Certain Matters 13 Section Matters.12 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 14 Section Bankruptcy......12 SECTION 4.4 Restrictions on Certificateholders’ Power 14 Section 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 14' Power....................12 SECTION 4.5
Appears in 1 contract
Actions by Owner Trustee. 13 12 Section 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 12 Section 4.2 Action by Certificateholders with Respect to Certain Matters 13 12 Section 4.3 Action by Certificateholders with Respect to Bankruptcy 14 13 Section 4.4 Restrictions on Certificateholders’ Power 14 13 Section 4.5 Majority Control 14 13 Section 4.6 Certain Litigation Matters 1413
Appears in 1 contract
Actions by Owner Trustee. 13 8 Section 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 13 8 Section 4.2 Action by Certificateholders with Respect to Certain Matters 13 9 Section 4.3 Action by Certificateholders with Respect to Bankruptcy 14 9 Section 4.4 Restrictions on Certificateholders’ ' Power 14 9 Section 4.5 Majority Control 14 Section 4.6 Certain Litigation Matters 1410
Appears in 1 contract