Prior Notice to Certificateholders Regarding Certain Matters. (a) The Owner Trustee shall give the Certificateholders thirty days' written notice before taking any of the following actions on behalf of the Trust. Within thirty days of the date of the notice the Certificateholders may instruct the Owner Trustee in writing not to take the proposed action or may provide alternative direction. Thirty days after giving the notice, if the Owner Trustee has not been instructed otherwise by a majority in interest of the Holders of the Certificates, then the Owner Trustee may:
Appears in 22 contracts
Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E)
Prior Notice to Certificateholders Regarding Certain Matters. (a) The Owner Trustee shall give the Certificateholders thirty days' written notice before taking any of the following actions on behalf of the Trust. Within thirty days of the date of the notice the Certificateholders may instruct the Owner Trustee in writing not to take the proposed action or may provide alternative direction. Thirty days after giving the notice, if the Owner Trustee has not been instructed otherwise by a majority in interest the holder of the Holders of the CertificatesTransferor Certificate, then the Owner Trustee may:
Appears in 18 contracts
Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-B), Trust Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-F), Trust Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-K)
Prior Notice to Certificateholders Regarding Certain Matters. (a) The Owner Trustee shall give the Certificateholders thirty days' written notice before taking any of the following actions on behalf of the Trust. Within thirty days of the date of the notice the Certificateholders may instruct the Owner Trustee in writing not to take the proposed action or may provide alternative direction. Thirty days after giving the notice, if the Owner Trustee has not been instructed otherwise by a majority in interest of the Holders holders of the Transferor Certificates, then the Owner Trustee may:
Appears in 8 contracts
Samples: Trust Agreement (CWHEQ, Inc.), Trust Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-C), Trust Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-D)
Prior Notice to Certificateholders Regarding Certain Matters. (a) The Owner Trustee shall give the Certificateholders thirty days' written notice before taking any of the following actions on behalf of the Trust. Within thirty days of the date of the notice the Certificateholders may instruct the Owner Trustee in writing not to take the proposed action or may provide alternative direction. Thirty days after giving the notice, if the Owner Trustee has not been instructed otherwise by a majority in interest of the Holders holders of the CertificatesTransferor Certificates of all outstanding Series (voting per capita), then the Owner Trustee may:
Appears in 7 contracts
Samples: Master Trust Agreement (Cwabs Inc Revolving Home Eq Loan Asset BKD Notes Ser 2001-B), Master Trust Agreement (Cwabs Inc), Master Trust Agreement (Cwabs Inc)
Prior Notice to Certificateholders Regarding Certain Matters. (a) The Owner Trustee shall give the Certificateholders and the Credit Enhancer thirty days' written notice before taking any of the following actions on behalf of the Trust. Within thirty days of the date of the notice the Certificateholders may instruct the Owner Trustee in writing not to take the proposed action or may provide alternative direction. Thirty days after giving the notice, if the Owner Trustee has not been instructed otherwise by a majority in interest the holder of the Holders of the CertificatesTransferor Certificate, then the Owner Trustee may:
Appears in 2 contracts
Samples: Trust Agreement (CWABS Revolving Home Equity Loan Trust Series, 2004-Q), Trust Agreement (CWABS Revolving Home Equity Loan Trust Series, 2004-R)
Prior Notice to Certificateholders Regarding Certain Matters. (a) The Owner Trustee Trustees shall give the Certificateholders thirty (30) days' β written notice before taking any of the following actions on behalf of the Trust. Within thirty (30) days of the date of the notice the Certificateholders may instruct the Owner Trustee Trustees in writing not to take the proposed action or may provide alternative direction. Thirty (30) days after giving the notice, if the Owner Trustee has Trustees have not been instructed otherwise by a majority in interest of the Holders of each class of the Certificates, then the Owner Trustee Trustees may:
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