Common use of Majority Noteholder Clause in Contracts

Majority Noteholder. The Holder or Holders of Notes representing at least 51% of the aggregate Note Principal Amount of the Notes.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-2), Sale and Servicing Agreement (HSBC Home Equity Loan Corp I), Sale and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-1)

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