Common use of Control by the Controlling Party Clause in Contracts

Control by the Controlling Party. The Indenture Trustee shall comply with notices and instructions given by the Issuer only if accompanied by the written consent of the Controlling Party.

Appears in 3 contracts

Samples: Indenture (Advanta Revolving Home Equity Loan Trust 1998-A), Indenture (Advanta Mortgage Conduit Services Inc), Indenture (Greenpoint Home Equity Loan Trust 1999 2)

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Control by the Controlling Party. The Indenture Trustee shall comply with notices and instructions given by the Issuer only if accompanied by the written consent of the Controlling Party. The Indenture Trustee shall act upon and comply with notices and instructions given by the Controlling Party alone.

Appears in 3 contracts

Samples: Indenture (Greenpoint Mortgage Securities Inc/), Indenture (Sequoia HELOC Trust 2004-1), Indenture (Sequoia Residential Funding Inc)

Control by the Controlling Party. The Indenture Trustee shall comply with notices and instructions given by the Issuer Trust or the Noteholders only if accompanied by the written consent of the Controlling Party.

Appears in 2 contracts

Samples: Indenture (Advanta Revolving Home Equity Loan Trust 2000 A), Indenture (Advanta Conduit Receivables Inc)

Control by the Controlling Party. The Indenture Trustee shall comply with notices and instructions given by the Issuer only if accompanied by the written consent of the Controlling Party., except that if any Event of Default shall have occurred and be continuing, the

Appears in 1 contract

Samples: Indenture (Asset Backed Securities Corp)

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Control by the Controlling Party. The Indenture Trustee shall -------------------------------- comply with notices and instructions given by the Issuer Trust or the Noteholders only if accompanied by the written consent of the Controlling Party.

Appears in 1 contract

Samples: Indenture (J P Morgan Acceptance Corp I)

Control by the Controlling Party. The Indenture Trustee shall -------------------------------- comply with notices and instructions given by the Issuer only if accompanied by the written consent of the Controlling Party, except that if any Event of Default shall have occurred and be continuing, the Indenture Trustee shall act upon and comply with notices and instructions given by the Controlling Party alone in the place and stead of the Issuer.

Appears in 1 contract

Samples: Indenture (Prudential Securities Secured Financing Corp)

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