Common use of Actions by Owner Trustee Clause in Contracts

Actions by Owner Trustee. Section 4.01 Prior Notice with Respect to Certain Matters 18 Section 4.02 Action by Servicer with Respect to Certain Matters 20 Section 4.03 Action by Certificateholders with Respect to Bankruptcy 20 Section 4.04 Restrictions on Certificateholders’ Power 20 Section 4.05 Majority Control 20

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)

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Actions by Owner Trustee. Section 4.01 Prior Notice with Respect to Certain Matters 18 19 Section 4.02 Action by Servicer with Respect to Certain Matters 20 21 Section 4.03 Action by Certificateholders with Respect to Bankruptcy 20 21 Section 4.04 Restrictions on Certificateholders’ Power 20 21 Section 4.05 Majority Control 2021

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. Section 4.01 Prior Notice to Certificateholders with Respect to Certain Matters 18 Section 4.02 14 SECTION 4.2 Action by Servicer Certificateholders with Respect to Certain Matters 20 Section 4.03 15 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 20 Section 4.04 15 SECTION 4.4 Restrictions on Certificateholders’ Power 20 Section 4.05 16 SECTION 4.5 Majority Control 2016 SECTION 4.6 Certain Litigation Matters 16

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. Section 4.01 Prior Notice with Respect to Certain Matters 18 17 Section 4.02 Action by Servicer with Respect to Certain Matters 20 19 Section 4.03 Action by Certificateholders with Respect to Bankruptcy 20 19 Section 4.04 Restrictions on Certificateholders’ Power 20 19 Section 4.05 Majority Control 20

Appears in 4 contracts

Samples: Trust Agreement (Hyundai Auto Receivables Trust 2013-A), Trust Agreement (Hyundai Auto Receivables Trust 2012-C), Trust Agreement (Hyundai Auto Receivables Trust 2012-B)

Actions by Owner Trustee. Section 4.01 Prior Notice to Certificateholders with Respect to Certain Matters 18 Section 4.02 14 SECTION 4.2 Action by Servicer Certificateholders with Respect to Certain Matters 20 Section 4.03 15 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 20 Section 4.04 15 SECTION 4.4 Restrictions on Certificateholders’ Power 20 Section 4.05 15 SECTION 4.5 Majority Control 2016 SECTION 4.6 Certain Litigation Matters 16

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. Section 4.01 Prior Notice with Respect to Certain Matters 18 17 Section 4.02 Action by Servicer with Respect to Certain Matters 20 19 Section 4.03 Action by Certificateholders with Respect to Bankruptcy 20 19 Section 4.04 Restrictions on Certificateholders’ Servicer’s Power 20 19 Section 4.05 Majority Control 20

Appears in 4 contracts

Samples: Trust Agreement (Hyundai Auto Receivables Trust 2009-A), Trust Agreement (Hyundai Abs Funding Corp), Trust Agreement (Hyundai Auto Receivables Trust 2010-B)

Actions by Owner Trustee. Section 4.01 Prior Notice with Respect to Certain Matters 18 17 Section 4.02 Action by Servicer with Respect to Certain Matters 20 18 Section 4.03 Action by Certificateholders with Respect to Bankruptcy 20 19 Section 4.04 Restrictions on Certificateholders’ Power 20 19 Section 4.05 Majority Control 2019

Appears in 2 contracts

Samples: Trust Agreement (Hyundai Abs Funding LLC), Trust Agreement (Hyundai Auto Receivables Trust 2016-A)

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Actions by Owner Trustee. Section 4.01 Prior Notice with Respect to Certain Matters 18 17 Section 4.02 Action by Servicer with Respect to Certain Matters 20 19 Section 4.03 Action by Certificateholders with Respect to Bankruptcy 20 19 Section 4.04 Restrictions on Certificateholders’ Power 20 19 Section 4.05 Majority Control 2019

Appears in 1 contract

Samples: Trust Agreement (Hyundai Auto Receivables Trust 2011-C)

Actions by Owner Trustee. Section 4.01 Prior Notice with Respect to Certain Matters 18 Section 4.02 Action by Servicer with Respect to Certain Matters 20 Section 4.03 Action by Certificateholders with Respect to Bankruptcy 20 Section 4.04 Restrictions on Certificateholders’ Power 20 Section 4.05 Majority Control 2021

Appears in 1 contract

Samples: Trust Agreement (Hyundai Abs Funding Corp)

Actions by Owner Trustee. Section 4.01 18 SECTION 4.1 Prior Notice to Certificateholders with Respect to Certain Matters 18 Section 4.02 SECTION 4.2 Action by Servicer Certificateholders with Respect to Certain Matters 20 Section 4.03 19 SECTION 4.3 Action by Certificateholders with Respect to Bankruptcy 20 Section 4.04 19 SECTION 4.4 Restrictions on Certificateholders' Power 20 Section 4.05 19 SECTION 4.5 Majority Control 2019

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Receivables Two L P)

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