Prior Notice with Respect to Certain Matters. 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 Servicer of record as of the preceding Record Date in writing of the proposed action and such Servicer shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Servicer has withheld consent or provided alternative direction:
Prior Notice with Respect to Certain Matters. Subject to the provisions and limitations of Section 4.05, the Owner Trustee shall not take action with respect to the following matters unless at least 30 days before the taking of any such action the Owner Trustee shall have notified the Certificateholders in writing of the proposed action and Holders of Certificates evidencing not less than 51% of the Percentage Interests shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders have withheld consent or provided alternative direction:
Prior Notice with Respect to Certain Matters. 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 Sponsor and the Insurer in writing of the proposed action and the Sponsor, the Insurer and the Residual Certificateholders shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the Sponsor or the Insurer have withheld consent or provided alternative direction:
Prior Notice with Respect to Certain Matters. With respect to the following matters, the Owner Trustee shall not take action and the holder of the Trust Certificate shall not direct the Owner Trustee to take any action, unless at least 30 days before the taking of such action, the Owner Trustee shall have notified the holder of the Trust Certificate in writing of the proposed action and the holder of the Trust Certificate shall not have notified the Owner Trustee in writing prior to the 30th day after such notice is given that the holder of the Trust Certificate has withheld consent or provided alternative direction:
Prior Notice with Respect to Certain Matters. The Owner Trustee shall not take any of the actions set forth below unless the Owner Trustee shall have notified the Residual Interest Holders, the Certificateholders and each Rating Agency of the proposed action and each of the Residual Interest Holders and the Certificateholders have approved such action in writing, which approval has been received by the Owner Trustee by, the 30th day after such notice has been given:
Prior Notice with Respect to Certain Matters. With respect to the following matters, the Trust shall not take action unless (a) at least thirty (30) days before the taking of such action, the Owner Trustee shall have notified the Insurer and the Rating Agencies in writing of the proposed action and (b) the Insurer, if an Insurer Default shall not have occurred and be continuing, shall have previously consented in writing thereto and the Depositor shall not have (i) notified the Owner Trustee in writing prior to the 30th day after such notice is given that it has withheld consent or (ii) provided alternative written direction prior to the 30th day after such notice is given:
Prior Notice with Respect to Certain Matters. With respect to the following matters, the Eligible Lender Trustee shall not take action and neither the holder of the Trust Certificate nor the Securities Insurer shall direct the Eligible Lender Trustee to take any action, unless (i) (with respect to any action affecting the Group II Insured Notes and so long as no Securities Insurer Default has occurred and is continuing) the Securities Insurer (except with respect to those actions set forth in paragraph (e) below) has provided its written consent, and (ii) at least 30 days before the taking of such action, the Eligible Lender Trustee shall have notified the holder of the Trust Certificate and the Securities Insurer in writing of the proposed action and neither the holder of the Trust Certificate nor (except with respect to those actions set forth in paragraph (e) below) the Securities Insurer (with respect to any action affecting the Group II Insured Notes) shall have notified the Eligible Lender Trustee in writing prior to the 30th day after such notice is given that the Securities Insurer (with respect to any action affecting the Group II Notes) or the holder of the Trust Certificate has withheld consent or provided alternative direction:
Prior Notice with Respect to Certain Matters. 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 Certificateholders and the Security Insurer (so long as no Security Insurer Default shall have occurred and be continuing) in writing of the proposed action and neither the Security Insurer (so long as no Security Insurer Default shall have occurred and be continuing) nor the Owners shall have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Owners or the Security Insurer (so long as no Security Insurer Default shall have occurred and be continuing) have withheld consent or provided alternative direction:
Prior Notice with Respect to Certain Matters. 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 Certificateholders and the Note Insurer (so long as no Note Insurer Default shall have occurred and be continuing) in writing of the proposed action and neither the Note Insurer (so long as no Note Insurer Default shall have occurred and be continuing) nor the Certificateholders shall have notified the Owner Trustee in writing prior to the 30th day after such notice is given that such Certificateholders or the Note Insurer (so long as no Note Insurer Default shall have occurred and be continuing) have withheld consent or provided alternative direction (any direction by the Certificateholders shall require the prior consent of the Note Insurer unless the Notes are no longer outstanding and the Note Insurer has been paid in full):
Prior Notice with Respect to Certain Matters. 10 SECTION 4.02. Action by Owners with Respect to Certain Matters. . 10 SECTION 4.03. Action by Owners with Respect to Bankruptcy . . . . 10 SECTION 4.04. Restrictions on Owners' Power . . . . . . . . . . . 11 SECTION 4.05.
