Common use of Limitation on Direction by Holders Clause in Contracts

Limitation on Direction by Holders. A Holder will not direct the Administrator or the Titling Company Registrar to take any action that:

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Titling Company Agreement (Nissan Auto Leasing LLC Ii)

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Limitation on Direction by Holders. A Holder will not direct the Titling Trust Administrator or the Titling Company Registrar either Trustee to take any action that:

Appears in 3 contracts

Samples: Titling Trust Agreement (World Omni LT), Titling Trust Agreement (World Omni LT), Titling Trust Agreement (World Omni LT)

Limitation on Direction by Holders. A Holder will not direct the Titling Trust Administrator or the Titling Company Registrar Trustee to take any action that:

Appears in 3 contracts

Samples: Titling Trust Agreement (Mercedes-Benz Vehicle Trust), Titling Trust Agreement (Mercedes-Benz Auto Lease Trust 2021-A), Trust Agreement (Daimler Trust)

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Limitation on Direction by Holders. A Holder will not direct the Titling Company Administrator or the Titling Company Registrar to take any action that:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CAB West LLC), Limited Liability Company Agreement (CAB West LLC)

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