Common use of ACTIONS BY THE CERTIFICATEHOLDERS Clause in Contracts

ACTIONS BY THE CERTIFICATEHOLDERS. Any actions required to be taken by the Certificateholders shall, unless otherwise specified herein, be taken with the consent of the Certificateholders then holding a majority of the Percentage Interests.

Appears in 17 contracts

Samples: Trust Agreement (Gmac Elf LLC), Trust Agreement (Nelnet Student Loan Trust 2005-1), Trust Agreement (Nelnet Student Loan Trust 2005-3)

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ACTIONS BY THE CERTIFICATEHOLDERS. Any actions required to be taken by the Certificateholders shall, unless otherwise specified herein, be taken with the consent of the Certificateholders then holding a majority of the Percentage InterestsRequired Certificateholders.

Appears in 6 contracts

Samples: Trust Agreement (Nelnet Student Loan Trust 2009-2), Trust Agreement (Nelnet Student Loan Trust 2008-4), Trust Agreement (Nelnet Student Loan Trust 2007-1)

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ACTIONS BY THE CERTIFICATEHOLDERS. Any actions required to be taken by the Certificateholders shall, unless otherwise specified herein, be taken with the consent of the Certificateholders then holding a majority of the Percentage Interests.. [SIGNATURE PAGE TO FOLLOW]

Appears in 1 contract

Samples: Trust Agreement (Gmac Elf LLC)

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