Common use of Majority Certificateholders Clause in Contracts

Majority Certificateholders. Certificateholders holding in the aggregate more than 50% of the Voting Interests.

Appears in 4 contracts

Sources: Receivables Purchase Agreement (Carvana Receivables Depositor LLC), Receivables Purchase Agreement (Carvana Receivables Depositor LLC), Servicing Agreement (Ally Auto Receivables Trust 2012-4)