Common use of Controlling Class Representative Clause in Contracts

Controlling Class Representative. (a) Within five (5) Business Days following the occurrence of a CCR Re-Election Event or Annual Election Date, the Trustee shall deliver a notice to the Controlling Class Members, in the form of Exhibit H attached hereto, through the Applicable Procedures of the applicable Clearing Agency with respect to Book-Entry Notes and to the registered address of any Holders of Definitive Notes and shall post a notice to the Trustee’s password-protected internet website at xxx.xx.xxxxxxxxxx.xxx (together with a copy thereof to the Managers and the Co-Issuers), announcing that there will be a CCR Election and soliciting nominations of candidates for the Controlling Class Representative (a “CCR Election Notice”). During any CCR Election Period or any communications with respect thereto, both the Trustee and the Controlling Class Members shall be entitled to rely on the Applicable Procedures of the Clearing Agencies for all Book-Entry Notes and the information contained in the Note Register from all Definitive Notes notices and communications.

Controlling Class Representative. (a) Within five (5) Business Days following the occurrence of a CCR Re-Election Event or Annual Election Date, the Trustee shall deliver a notice to the Controlling Class Members, in the form of Exhibit H attached hereto, through the Applicable Procedures of the applicable Clearing Agency with respect to Book-Entry Notes and to the registered address of any Holders of Definitive Notes and shall post a notice to the Trustee’s password-protected internet website at xxx.xx.xxxxxxxxxx.xxx (together with a copy thereof to the Managers Manager and the Co-IssuersIssuer), announcing that there will be an election of a CCR Election Controlling Class Representative and soliciting nominations of candidates for the Controlling Class Representative (a “CCR Election Notice”). During any CCR Election Period or any communications with respect thereto, both the Trustee and the Controlling Class Members shall be entitled to rely on the Applicable Procedures of the Clearing Agencies for all Book-Entry Notes and the information contained in the Note Register from all Definitive Notes notices and communications.

Controlling Class Representative. (a) Within five (5) Business Days following the occurrence of a CCR Re-Election Event or Annual Election Date, the Trustee shall deliver a notice to the Controlling Class Members, in the form of Exhibit H attached hereto, through the Applicable Procedures of the applicable Clearing Agency with respect to Book-Entry Notes and to the registered address of any Holders of Definitive Notes and shall post a notice to the Trustee’s password-protected internet website at xxx.xx.xxxxxxxxxx.xxx (together with a copy thereof to the Managers ManagerManagers and the CoIssuerCo-Issuers), announcing that there will be an election of a Controlling Class Representativea CCR Election and soliciting nominations of candidates for the Controlling Class Representative (a “CCR Election Notice”). During any CCR Election Period or any communications with respect thereto, both the Trustee and the Controlling Class Members shall be entitled to rely on the Applicable Procedures of the Clearing Agencies for all Book-Entry Notes and the information contained in the Note Register from all Definitive Notes notices and communications.