Common use of Exchange Note Remedies Clause in Contracts

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class].

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-201[__]-[__] Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-201[__]-[__] Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [Holders of the Notes of the Controlling Class]Class then Outstanding.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2018-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2018-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2020-B Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2020-B Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2019-B Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2019-B Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2024-B Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2024-B Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2021-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2021-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2023-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2023-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2012-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2012-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [Holders of the Notes of the Controlling Class]Class then Outstanding.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2020-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2020-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2019-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2019-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2018-B Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2018-B Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2021-B Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2021-B Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2017-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2017-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [Holders of the Notes of the Controlling Class]Class then Outstanding.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2024-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2024-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [of the Controlling Class]Amount.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2016-B Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2016-B Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [Holders of the Notes of the Controlling Class]Class then Outstanding.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2016-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2016-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [Holders of the Notes of the Controlling Class]Class then Outstanding.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2015-B Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2015-B Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [Holders of the Notes of the Controlling Class]Class then Outstanding.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2013-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2013-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [Holders of the Notes of the Controlling Class]Class then Outstanding.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2014-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2014-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [Holders of the Notes of the Controlling Class]Class then Outstanding.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2015-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2015-A Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [Holders of the Notes of the Controlling Class]Class then Outstanding.

Exchange Note Remedies. (a) If a Facility Default or an Exchange Note Default has occurred, the 20[__]-[_] 2013-B Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 20[__]-[_] 2013-B Exchange Noteholder, will act at the direction of the Holders of Notes representing at least 66 2/3% of the Outstanding Amount [Holders of the Notes of the Controlling Class]Class then Outstanding.