Common use of Majority Certificateholder Clause in Contracts

Majority Certificateholder. The Holder or Holders of Offered Certificates evidencing not less than 51% of the Voting Rights.

Appears in 4 contracts

Sources: Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2007-1), Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-3), Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-4)