Common use of Prior Notice to Equity Certificateholder with Respect to Certain Matters Clause in Contracts

Prior Notice to Equity Certificateholder with Respect to Certain Matters. Subject to the provisions and limitations of Section 4.04, with respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Equity Certificateholder in writing of the proposed action, the Indenture Trustee shall have consented to such action in the event any Notes are outstanding and the Equity Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Equity Certificateholder has withheld consent or provided alternative direction:

Appears in 8 contracts

Samples: Trust Agreement (Asset Backed Securities Corp), Trust Agreement (Cit Equipment Collateral 2000-1), Trust Agreement (NCT Funding Co LLC)

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Prior Notice to Equity Certificateholder with Respect to Certain Matters. Subject to the provisions and limitations of Section 4.04, with respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Equity Certificateholder in writing of the proposed action, the Indenture Trustee shall have consented to such action in the event any Notes are outstanding and the Equity Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Equity Certificateholder has withheld consent or provided alternative direction:

Appears in 8 contracts

Samples: Trust Agreement (CIT Equipment Collateral 2005-Vt1), Trust Agreement (NCT Funding Co LLC), Trust Agreement (Cit Equipment Collateral 2001-1)

Prior Notice to Equity Certificateholder with Respect to Certain Matters. Subject to the provisions and limitations of Section 4.04, with respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Equity Certificateholder in writing of the proposed action, the Indenture Trustee (acting at the direction of the Required Holders) shall have consented to such action in the event any Notes are outstanding outstanding, and the Equity Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Equity Certificateholder has withheld consent or provided alternative direction:

Appears in 5 contracts

Samples: Trust Agreement (Cit Funding Co, LLC), Trust Agreement (CIT Equipment Collateral 2005-Ef1), Trust Agreement (Cit Funding Co, LLC)

Prior Notice to Equity Certificateholder with Respect to Certain Matters. Subject to the provisions and limitations of Section 4.04, with respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Equity Certificateholder in writing of the proposed action, the Indenture Trustee shall have consented to such action in the event any Notes are outstanding outstanding, and the Equity Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Equity Certificateholder has withheld consent or provided alternative direction:

Appears in 3 contracts

Samples: Trust Agreement (Cit Ec Ef 2001-A), Trust Agreement (NCT Funding Co LLC), Trust Agreement (Cit Equipment Collateral 2003-Ef1)

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Prior Notice to Equity Certificateholder with Respect to Certain Matters. Subject to the provisions and limitations of Section 4.04, with respect to the following matters, the Owner Trustee shall not take action unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the Equity Certificateholder in writing of the proposed action, the Indenture Trustee (acting at the direction of the Required Holders if required) shall have consented to such action in the event any Notes are outstanding outstanding, and the Equity Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Equity Certificateholder has withheld consent or provided alternative direction:

Appears in 3 contracts

Samples: Trust Agreement (CIT Equipment Collateral 2008-Vt1), Trust Agreement (Cit Funding Co, LLC), Trust Agreement (Cit Equipment Collateral 2006-Vt2)

Prior Notice to Equity Certificateholder with Respect to Certain Matters. Subject to the provisions and limitations of Section 4.04, with respect to the following matters, the Owner Trustee (on behalf of the Trust) shall not take action unless at least 30 thirty (30) days before the taking of such action, the Owner Trustee shall have notified the Equity Certificateholder in writing of the proposed action, the Indenture Trustee (acting at the written direction of the Requisite Global Majority) shall have consented to such action in the event any Notes are outstanding outstanding, and the Equity Certificateholder shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Equity Certificateholder has withheld consent or provided alternative direction:

Appears in 1 contract

Samples: Trust Agreement (United States Cellular Corp)

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