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:
Appears in 5 contracts
Samples: Trust Agreement (GreenPoint Home Equity Loan Trust 2004-3), Trust Agreement (GreenPoint Home Equity Loan Trust 2004-4), Trust Agreement (Greenpoint Mortgage Securities LLC)
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 Residual Certificateholders and the Insurer in writing of the proposed action and the Sponsor, Residual Certificateholders and 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 such Residual Certificateholders or the Insurer have withheld consent or provided alternative direction:
Appears in 3 contracts
Samples: Trust Agreement (Greenpoint Mortgage Securities Inc/), Trust Agreement (Greenpoint Mortgage Securities Inc/), Trust Agreement (Greenpoint Mortgage Securities Inc/)
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 Depositor and the Insurer in writing of the proposed action and the SponsorDepositor, 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 Depositor or the Insurer have withheld consent or provided alternative direction:
Appears in 2 contracts
Samples: Deposit Trust Agreement (Sequoia Residential Funding Inc), Trust Agreement (Sequoia HELOC Trust 2004-1)
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 Certificateholders 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 such Certificateholders have withheld consent or provided alternative direction:
Appears in 1 contract
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 Owners in writing of the proposed action and the Sponsor, the Insurer and the Residual Certificateholders Owners 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 such Owners have withheld consent or provided alternative direction:
Appears in 1 contract
Samples: Master Trust Agreement (A I Receivables Transfer Corp)
Prior Notice with Respect to Certain Matters. With Unless otherwise required by the provisions of any of the Basic Documents, 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 Owners in writing of the proposed action and the Sponsor, the Insurer and the Residual Certificateholders Owners 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 such Owners have withheld consent or provided alternative direction:
Appears in 1 contract