Common use of Actions by Owner Trustee Clause in Contracts

Actions by Owner Trustee. 11 Section 4.01 Prior Notice to Equity Certificateholder with Respect to Certain Matters...................11 Section 4.02 Action by Owner with Respect to Certain Matters............................................12 Section 4.03 Action by Owner with Respect to Bankruptcy.................................................12 Section 4.04 Restrictions on Owner's Power..............................................................12

Actions by Owner Trustee. 11 Section 4.01 Prior Notice to Equity Certificateholder with Respect to Certain Matters......................11 Section 4.02 Action by Owner with Respect to Certain Matters........................................................................12 Section 4.03 Action by Owner with Respect to Bankruptcy.................................................12 .................................13 Section 4.04 Restrictions on Owner's Power..............................................................12..............................................13 ARTICLE V APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES........................13 Section 5.01 [Reserved].................................................................13 Section 5.02 [Reserved].................................................................13

Actions by Owner Trustee. 11 Section 4.01 Prior Notice to Equity Certificateholder with Respect to Certain Matters.........................................................11 Section 4.02 Action by Owner with Respect to Certain Matters.....................................................12 Section 4.03 Action by Owner with Respect to Bankruptcy...............................................................12 Section 4.04 Restrictions on Owner's Power.........................................................................................12 Article V APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES..............................................12 Section 5.01 [Reserved]..............................................12 Section 5.02 [Reserved]..............................................12

Actions by Owner Trustee. 11 12 Section 4.01 4.01. Prior Notice to Equity Certificateholder with Respect to Certain Matters...................11 .....................................12 Section 4.02 4.02. Action by Owner with Respect to Certain Matters.....................................................12 Section 4.03 4.03. Action by Owner with Respect to Bankruptcy.................................................12 ..............13 Section 4.04 4.04. Restrictions on Owner's Power..............................................................12...........................13 ARTICLE V

Actions by Owner Trustee. 11 Section 4.01 Prior Notice to Equity Certificateholder with Respect to Certain Matters.......................11 Section 4.02 Action by Owner with Respect to Certain Matters.........................................................................12 Section 4.03 Action by Owner with Respect to Bankruptcy...................................................................................12 Section 4.04 Restrictions on Owner's Power..............................................................12...............................................13 ARTICLE V APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES........................13 Section 5.01 [Reserved]..................................................................13 Section 5.02 [Reserved]..................................................................13

Actions by Owner Trustee. 11 Section 4.01 Prior Notice to Equity Certificateholder with Respect to Certain Matters............................................11 Section 4.02 Action by Owner with Respect to Certain Matters........................................................12 Section 4.03 Action by Owner with Respect to Bankruptcy..................................................................12 Section 4.04 Restrictions on Owner's Power..............................................................12..............................13 ARTICLE V APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES.........13

Actions by Owner Trustee. 11 Section 4.01 Prior Notice to Equity Certificateholder with Respect to Certain Matters...................11 Section 4.02 Action by Owner with Respect to Certain Matters............................................12 Section 4.03 Action by Owner with Respect to Bankruptcy.................................................12 Section 4.04 Restrictions on Owner's Power..............................................................1213 ARTICLE V APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES....................................13 Section 5.01 [Reserved].................................................................................13 Section 5.02 [Reserved].................................................................................13

Actions by Owner Trustee. 11 Section 4.01 Prior Notice to Equity Certificateholder with Respect to Certain Matters.......................11 Section 4.02 Action by Owner with Respect to Certain Matters.........................................................................12 Section 4.03 Action by Owner with Respect to Bankruptcy...................................................................................12 Section 4.04 Restrictions on Owner's Power..............................................................12...............................................13 ARTICLE V APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES.....................13 Section 5.01 [Reserved]..................................................................13 Section 5.02 [Reserved]..................................................................13

Actions by Owner Trustee. 11 Section 4.01 12 SECTION 4.1. Prior Notice to Equity Certificateholder Owners with Respect to Certain Matters...................11 Section 4.02 .......................... 12 SECTION 4.2. Action by Owner Certificateholders with Respect to Certain Matters............................................12 Section 4.03 ........................................................................ 13 SECTION 4.3. Action by Owner Certificateholders with Respect to Bankruptcy.................................................12 Section 4.04 Restrictions on Owner's Power..............................................................12......................... 13

Actions by Owner Trustee. 11 14 Section 4.01 4.01. Prior Notice to Equity Certificateholder with Respect to Certain Matters...................11 .......................14 Section 4.02 4.02. Action by Owner with Respect to Certain Matters............................................12 ................................................14 Section 4.03 4.03. Action by Owner with Respect to Bankruptcy.................................................12 .....................................................14 Section 4.04 4.04. Restrictions on Owner's Power..............................................................12..................................................................14 ARTICLE V........................................................................................................15 APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES.....................................................15

Actions by Owner Trustee. 11 12 Section 4.01 4.01. Prior Notice to Equity Certificateholder with Respect to Certain Matters...................11 ..............................................................12 Section 4.02 4.02. Action by Owner with Respect to Certain Matters............................................12 .................................13 Section 4.03 4.03. Action by Owner with Respect to Bankruptcy.................................................12 ......................................13 Section 4.04 4.04. Restrictions on Owner's Power..............................................................12...................................................13

Actions by Owner Trustee. 11 Section 4.01 4.01. Prior Notice to Equity Certificateholder with Respect to Certain Matters...............................11 Section 4.02 4.02. Action by Owner with Respect to Certain Matters............................................12 ..............................11 Section 4.03 4.03. Action by Owner with Respect to Bankruptcy.................................................12 ...................................11 Section 4.04 4.04. Restrictions on Owner's Power..............................................................12................................................11 ARTICLE FIVE

Actions by Owner Trustee. 11 Section 4.01 Prior Notice to Equity Certificateholder with Respect to Certain Matters.......................11 Section 4.02 Action by Owner with Respect to Certain Matters.........................................................................12 Section 4.03 Action by Owner with Respect to Bankruptcy...................................................................................12 Section 4.04 Restrictions on Owner's Power..............................................................12...............................................13 ARTICLE V APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES..........................13 Section 5.01 [Reserved]..................................................................13 Section 5.02 [Reserved]..................................................................13

Actions by Owner Trustee. 11 14 Section 4.01 4.01. Prior Notice to Equity Certificateholder with Respect to Certain Matters...................11 .................... .................................14 Section 4.02 4.02. Action by Owner with Respect to Certain Matters............................................12 ..................14 Section 4.03 4.03. Action by Owner with Respect to Bankruptcy.................................................12 .......................14 Section 4.04 4.04. Restrictions on Owner's Power..............................................................12....................................14 ARTICLE V..........................................................................15 APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES.......................15

Actions by Owner Trustee. 11 Section 4.01 Prior Notice to Equity Certificateholder with Respect to Certain Matters............................................................11 Section 4.02 Action by Owner with Respect to Certain Matters........................................................12 Section 4.03 Action by Owner with Respect to Bankruptcy..................................................................12 Section 4.04 Restrictions on Owner's Power..............................................................12..............................13 ARTICLE V APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES........13 Section 5.01 [Reserved].................................................13 Section 5.02 [Reserved].................................................13

Actions by Owner Trustee. 11 Section 4.01 4.01. Prior Notice to Equity Certificateholder with Respect to Certain Matters...................11 Matters ............ 15 Section 4.02 4.02. Action by Owner with Respect to Certain Matters............................................12 Matters ............................. 16 Section 4.03 4.03. Action by Owner with Respect to Bankruptcy.................................................12 Bankruptcy ................................. 16 Section 4.04 4.04. Restrictions on Owner's Power..............................................................12Power ................................................ 17 ARTICLE FIVE APPLICATION OF TRUST FUNDS; CERTAIN DUTIES

Actions by Owner Trustee. 11 ..14 Section 4.01 4.1. Restriction on Power of the Equity Certificateholder................................14 Section 4.2. Prior Notice to the Equity Certificateholder with Respect to Certain Matters...................11 ..................................................................14 Section 4.02 4.3. Action by the Owner with Respect to Certain Matters............................................12 Section 4.03 Action by Owner Trustee with Respect to Bankruptcy.................................................12 ..............................15 Section 4.04 4.4. Restrictions on OwnerEquity Certificateholder's Power..............................................................12....................................15 Section 4.5. Authority of the Depositor..........................................................15 Section 4.6. Income Tax Characterization.........................................................15

Actions by Owner Trustee. 11 Section 4.01 10 SECTION 4.1. Prior Notice to Equity Certificateholder Owners with Respect to Certain Matters...................11 Section 4.02 ............................. 10 SECTION 4.2. Action by Owner Certificateholders with Respect to Certain Matters............................................12 Section 4.03 ....................... 11 SECTION 4.3. Action by Owner Certificateholders with Respect to Bankruptcy.................................................12 Section 4.04 ............................ 11 SECTION 4.4. Restrictions on Owner's Certificateholders' Power........................................................................................................ 12

Actions by Owner Trustee. 11 Section 4.01 4.01. Prior Notice to Equity Certificateholder with Respect to Certain Matters...................11 ............................................................ 15 Section 4.02 4.02. Action by Owner with Respect to Certain Matters............................................12 ............................... 16 Section 4.03 4.03. Action by Owner with Respect to Bankruptcy.................................................12 .................................... 17 Section 4.04 4.04. Restrictions on Owner's Power..............................................................12................................................. 17 ARTICLE FIVE APPLICATION OF TRUST FUNDS; CERTAIN DUTIES

Actions by Owner Trustee. 11 Section 4.01 12 SECTION 4.1. Prior Notice to Equity Certificateholder Owners with Respect to Certain Matters...................11 Section 4.02 ................ 12 SECTION 4.2. Action by Owner Certificateholders with Respect to Certain Matters........................................................................................................... 12 Section 4.03 SECTION 4.3. Action by Owner Certificateholders with Respect to Bankruptcy.................................................12 Section 4.04 ............... 13 SECTION 4.4. Restrictions on Owner's Certificateholders' Power..............................................................12............................. 13

Actions by Owner Trustee. 11 14 Section 4.01 4.01. Prior Notice to Equity Certificateholder with Respect to Certain Matters...................11 ........................................14 Section 4.02 4.02. Action by Owner with Respect to Certain Matters............................................12 ............14 Section 4.03 4.03. Action by Owner with Respect to Bankruptcy.................................................12 .................15 Section 4.04 4.04. Restrictions on Owner's Power..............................................................12..............................15 ARTICLE V

Actions by Owner Trustee. 11 Section 4.01 Prior Notice to Equity Certificateholder with Respect to Certain Matters................................................11 Section 4.02 Action by Owner with Respect to Certain Matters.......................................................12 Section 4.03 Action by Owner with Respect to Bankruptcy.................................................................12 Section 4.04 Restrictions on Owner's Power..............................................................12.............................13 ARTICLE V APPLICATION AND DISTRIBUTION OF TRUST FUNDS; CERTAIN DUTIES........13