Common use of Limitation on Voting of Preferred Stock Clause in Contracts

Limitation on Voting of Preferred Stock. The Trustee shall hold the Preferred Stock of the Seller in trust, for the benefit of the Certificateholders and shall vote such stock only pursuant to the written instructions of Certificateholders holding more than 50% of the Aggregate Invested Amount of all Series of Certificates then outstanding. The Preferred Stock shall be non-transferable except pursuant to the written instructions of Certificateholders holding 100% of the Aggregate Invested Amount of all Series of Certificates then outstanding and the Rating Agency Condition has been satisfied.

Limitation on Voting of Preferred Stock. The Trustee shall hold the Preferred Stock all of the Seller preferred stock ("Preferred Stock") of the Depositor in trust, for the benefit of the Certificateholders Certificateholders, and shall vote such stock only pursuant to the written instructions of Certificateholders holding more Holders of Certificates evidencing not less than 5051% of the Aggregate Invested Amount aggregate Percentage Interests of the Regular Certificates. Concurrently with any retransfer of the Home Equity Loans to the Depositor pursuant to Section 10.01, the Trustee shall transfer to the Depositor for cancellation all Series shares of Certificates then outstanding. The Preferred Stock shall be non-transferable except pursuant to held by the written instructions of Certificateholders holding 100% of the Aggregate Invested Amount of all Series of Certificates then outstanding and the Rating Agency Condition has been satisfiedTrustee.

Limitation on Voting of Preferred Stock. The Trustee shall hold the Preferred Stock all of the Seller preferred stock ("Preferred Stock") of the Depositor in trust, for the benefit of the Certificateholders Certificateholders, and shall vote such stock only pursuant to the written instructions of Certificateholders holding more Holders of Certificates evidencing not less than 5051% of the Aggregate Invested Amount aggregate Percentage Interests of the Regular Certificates. Concurrently with any retransfer of the Home Equity Loans to the Master Servicer pursuant to Section 10.01, the Trustee shall transfer to the Depositor for cancellation all Series shares of Certificates then outstanding. The Preferred Stock shall be non-transferable except pursuant to held by the written instructions of Certificateholders holding 100% of the Aggregate Invested Amount of all Series of Certificates then outstanding and the Rating Agency Condition has been satisfiedTrustee.

Limitation on Voting of Preferred Stock. The Trustee shall hold all of the Class SV-E preferred stock ("Preferred Stock Stock") of the Seller in trust, for the benefit of the Certificateholders Certificateholders, and shall vote such stock only pursuant to the written instructions of Certificateholders holding more Holders of Class A Certificates evidencing not less than 5051% of the Aggregate Invested Amount Percentage Interests of the Class A Certificates. Concurrently with the retransfer of the Mortgage Loans to the Seller pursuant to Section 10.01, the Trustee shall transfer to the Seller for cancellation all Series shares of Certificates then outstanding. The Preferred Stock shall be non-transferable except pursuant to held by the written instructions of Certificateholders holding 100% of the Aggregate Invested Amount of all Series of Certificates then outstanding and the Rating Agency Condition has been satisfiedTrustee.