Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder in writing of the proposed action:
Appears in 17 contracts
Samples: Trust Agreement (Chase Credit Card Master Trust), Trust Agreement (Chase Credit Card Master Trust), Trust Agreement (Chase Manhattan Bank Usa Chase Credit Card Owner Tr 2001-6)
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 13 contracts
Samples: Bas Securitization LLC, Trust Agreement (Amsouth Auto Receivables LLC), Trust Agreement (Key Consumer Acceptance Corp)
Actions by Owner Trustee. SECTION 4.1. Section 4.1 Prior Notice to Certificateholder Certificateholders with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless unless, (i) at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders and the Rating Agencies in writing of the proposed actionaction and (ii) Certificateholders holding not less than a majority of the aggregate Certificate Balance shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 11 contracts
Samples: Trust Agreement (Mmca Auto Receivables Trust Ii), Trust Agreement (Mmca Auto Receivables Trust Ii), Trust Agreement (Mmca Auto Owner Trust 2002-4)
Actions by Owner Trustee. SECTION 4.14.01. Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Owners shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Owners have withheld consent or provided alternative direction:
Appears in 9 contracts
Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (Daimlerchrysler Auto Trust 2003-B), Trust Agreement (Daimlerchrysler Services North America LLC)
Actions by Owner Trustee. SECTION 4.1. 4.1 Prior Notice to Certificateholder Certificateholders with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 8 contracts
Samples: Trust Agreement (Chase Manhattan Bank Usa), Trust Agreement (Chase Manhattan Auto Owner Trust 1998-B), Trust Agreement (Chase Manhattan Bank Usa National Association)
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 6 contracts
Samples: Trust Agreement (Bond Securitization LLC), Trust Agreement (Capital One Auto Receivables LLC), Trust Agreement (Barnett Auto Receivables Corp)
Actions by Owner Trustee. SECTION 4.1Section 4.01. Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Owners shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Owners have withheld consent or provided alternative direction:
Appears in 4 contracts
Samples: Trust Agreement (Morgan Stanley Abs Capital I Inc), Trust Agreement (J P Morgan Acceptance Corp I), Trust Agreement (Morgan Stanley Abs Capital I Inc)
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 ___ days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the ___th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 3 contracts
Samples: Trust Agreement (Chec Asset Receivables Corp), Trust Agreement (Chec Asset Receivables Corp), Trust Agreement (Avco Abs Receivables Corp)
Actions by Owner Trustee. SECTION 4.1. Section 4.1 Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 2 contracts
Samples: Trust Agreement (M&i Auto Loan Trust 2002-1), Trust Agreement (M&i Dealer Auto Securitization LLC)
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder Certificateholders with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 2 contracts
Samples: Trust Agreement (Chase Manhattan Bank Usa), Trust Agreement (Chase Manhattan Bank Usa Chase Manhattan Auto Owner Tr 03 C)
Actions by Owner Trustee. SECTION 4.1Section 4.01. Prior Notice to Certificateholder Certificateholders with Respect to -------------------------------------------------- Certain Matters. With respect to the following mattersmatters and subject to --------------- Section 4.05, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificate- holders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 2 contracts
Samples: Trust Agreement (Ml Asset Backed Corp), Trust Agreement (Lehman Abs Corp)
Actions by Owner Trustee. SECTION 4.1. 4.1 Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 2 contracts
Samples: Trust Agreement (Wells Fargo Auto Receivables Corp), Trust Agreement (Wells Fargo Auto Receivables Corp)
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder with Respect to Certain MattersPRIOR NOTICE TO OWNERS WITH RESPECT TO CERTAIN MATTERS. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 2 contracts
Samples: Trust Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A), Trust Agreement (Wells Fargo Financial Auto Owner Trust 2005-A)
Actions by Owner Trustee. SECTION 4.1. 4.1 Prior Notice to Certificateholder Owners with Respect to Certain Matters. With The Owner Trustee shall not take action with respect to the following matters, unless (i) the Owner Trustee shall not take have notified the Certificateholders in writing of the proposed action unless at least 30 days before the taking of such action, and (ii) the Certificateholders shall not have notified the Owner Trustee shall have notified the Certificateholder in writing of prior to the proposed action30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Samples: Trust Agreement (Oakwood Homes Corp)
Actions by Owner Trustee. SECTION 4.14.01. Prior Notice to Certificateholder Certificateholders with Respect ----------------------------------------------- to Certain Matters. With respect to the following matters, the Owner Trustee ------------------ shall not take action unless unless, at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder with Respect to Certain Matters4.1 PRIOR NOTICE TO OWNERS WITH RESPECT TO CERTAIN MATTERS. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Samples: Trust Agreement (Ace Securities Corp Rv & Marine Trust 2001-Rv1)
Actions by Owner Trustee. SECTION 4.14.01. Prior Notice to Certificateholder Certificateholders with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall will not take action unless unless, at least 30 days before the taking of such action, the Owner Trustee shall will have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders will not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp)
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified Owner Trustee in writing prior to the 30th day after such notice is 10 TRUST AGREEMENT 16 given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Actions by Owner Trustee. SECTION Section 4.1. Prior Notice to Certificateholder with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder in writing of the proposed action:
Appears in 1 contract
Samples: Trust Agreement (Chase Credit Card Owner Trust 2002-6)
Actions by Owner Trustee. SECTION 4.14.01. Prior Notice to Certificateholder Certificateholders with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless unless, at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp)
Actions by Owner Trustee. SECTION 4.1Section 4.01. Prior Notice to Certificateholder with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder in writing of the proposed actionaction and the Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the Certificateholder has withheld consent or provided alternative direction:
Appears in 1 contract
Samples: Trust Agreement (Caterpillar Financial Funding Corp)
Actions by Owner Trustee. SECTION 4.14.01. Prior Notice to Certificateholder Certificateholders with Respect to -------------------------------------------------- Certain Matters. With respect to the following matters, the Owner Trustee shall --------------- not take action unless unless, at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Actions by Owner Trustee. SECTION 4.1. 4.1 Prior Notice to Certificateholder with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder in writing of the proposed action:
Appears in 1 contract
Samples: Trust Agreement (Chase Credit Card Owner Trust 2004-2)
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder with Respect to Certain Matters4.1 PRIOR NOTICE TO OWNERS WITH RESPECT TO CERTAIN MATTERS. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 thirty (30) days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Samples: Trust Agreement (Capital One Auto Finance Trust 2002-C)
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder in writing of the proposed actionaction and the Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the Certificateholder has withheld consent or provided alternative direction:
Appears in 1 contract
Samples: Trust Agreement (Volkswagen Auto Lease Trust 2002-A)
Actions by Owner Trustee. SECTION 4.1. 4.01 Prior Notice to Certificateholder Certificateholders with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless unless, at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Actions by Owner Trustee. SECTION 4.14.01. Prior Notice to Certificateholder the Certificateholders and the Insurer with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless unless, at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders and the Insurer in writing of the proposed actionaction and the Certificateholders prior to the 30th day after such notice is given shall not have notified the Owner Trustee in writing that the Certificateholders and the Insurer have withheld consent or provided alternative direction:
Appears in 1 contract
Samples: Trust Agreement (Prudential Securities Secured Financing Corp)
Actions by Owner Trustee. SECTION 4.1. Prior Notice to Certificateholder Owners with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders in writing of the proposed actionaction and the Certificateholders shall not have notified Owner Trustee in writing prior to the 30th day after such notice is TRUST AGREEMENT given that such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
Actions by Owner Trustee. SECTION 4.1. 4.1 Prior Notice to Certificateholder Certificateholders with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action unless (i) at least 30 thirty (30) days before the taking of such action, the Owner Trustee shall have notified the Certificateholder Certificateholders, the Insurer and the Rating Agencies in writing of the proposed action:action and
Appears in 1 contract
