Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 59 contracts
Samples: Indenture (Daimlerchrysler Auto Trust 2008-B), Indenture (DaimlerChrysler Auto Trust 2007-A), Indenture (Chrysler Financial Auto Securitization Trust 2009-B)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of Noteholders representing a majority in of the Outstanding Amount of the Notes may remove the Indenture Trustee at any time and appoint a successor Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trusteein writing. The Issuer shall remove the Indenture Trustee if:
Appears in 57 contracts
Samples: Indenture (Honda Auto Receivables 2014-3 Owner Trust), Indenture (Honda Auto Receivables 2014-3 Owner Trust), Indenture (Honda Auto Receivables 2015-2 Owner Trust)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.09. The Indenture Trustee may resign at any time by so notifying the Issuer, the Servicer and the Administrator (and the Administrator shall notify each Rating Agency). The Holders of a majority in Outstanding Amount of the Controlling Class of Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 53 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2024-B), Indenture (Hyundai Auto Receivables Trust 2024-B), Indenture (Hyundai Auto Receivables Trust 2024-A)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of at least a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 47 contracts
Samples: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC), Indenture (SLM Student Loan Trust 2007-5)
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee shall Trustee, will become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Subject to the preceding sentence, the Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of a majority in Outstanding Amount of the Notes Note Balance of the Controlling Class may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:.
Appears in 37 contracts
Samples: Indenture (Ford Credit Auto Lease Trust 2014-A), Indenture (Ford Credit Auto Lease Trust 2014-A), Indenture (Ford Credit Auto Owner Trust 2014-A)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 30 contracts
Samples: Indenture (SLM Education Credit Funding LLC), Indenture (SLM Funding LLC), Indenture (SLM Funding LLC)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and the Credit Enhancer. The Holders of a majority in Outstanding Amount of Security Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and the Credit Enhancer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 21 contracts
Samples: J P Morgan Acceptance Corp I, Indenture (Icifc Secured Assets Corp), Indenture (WMC Secured Assets Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of Note Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall shall, remove the Indenture Trustee if:
Appears in 21 contracts
Samples: Indenture (Greenpoint Mortgage Funding Trust 2005-He4), Indenture (New Century Home Equity Loan Trust 2005-2), Indenture (New Century Home Equity Loan Trust 2006-S1)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer Administrator shall remove the Indenture Trustee if:
Appears in 16 contracts
Samples: www.capitaliq.spglobal.com, www.snl.com, www.snl.com
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 16 contracts
Samples: Indenture (Sast 2006-3), Sale and Servicing Agreement (Structured Asset Sec Corp Thornburg Mort Sec Trust 2003 6), Indenture (Greenwich Capital Acceptance Thornburg Sec Tr 2003-4)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of Bond Principal Balances of the Notes Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall shall, remove the Indenture Trustee if:
Appears in 14 contracts
Samples: Indenture (Impac CMB Trust Series 2003-8), Mortgage Loan Purchase Agreement (Imh Assets Corp Impac CMB Trust Series 2004-9), Servicing Agreement (Imh Assets Corp Impac CMB Trust Series 2005-1)
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee shall Trustee, will become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Subject to the preceding sentence, the Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of at least a majority in Outstanding Amount Note Balance of the Notes Controlling Class may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:.
Appears in 14 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2006-C), Indenture (Ford Credit Auto Owner Trust 2008-B), Indenture (Ford Credit Auto Owner Trust 2007-B)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and the Credit Enhancer. The Holders of a majority in Outstanding Amount of Security Balances of the Notes or the Credit Enhancer may remove the Indenture Trustee by so notifying the Indenture Trustee and the Credit Enhancer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 14 contracts
Samples: Indenture (RFMSII Series 2006-Hsa2 Trust), Indenture (Home Equity Loan Trust 2006-Hsa4), Indenture (Home Equity Loan Trust 2006-Hsa3)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and each Rating Agency. The Holders of a majority in Outstanding Amount of the Controlling Class of Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 13 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2011-B), Indenture (Hyundai Auto Receivables Trust 2011-A), Indenture (Hyundai Auto Receivables Trust 2006-B)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuing Entity and the Credit Enhancer. The Holders of a majority in Outstanding Amount of Security Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and the Credit Enhancer and may appoint a successor Indenture Trustee. The Issuer Issuing Entity shall remove the Indenture Trustee if:
Appears in 12 contracts
Samples: Indenture (Impac Secured Assets Corp), Shellpoint Mortgage Acceptance LLC, Material Definitive Agreement (MortgageIT Securities Corp.)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and the Note Insurer. The Holders of a majority in Outstanding Amount of Security Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and the Note Insurer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 11 contracts
Samples: Servicing Agreement (Long Beach Securities Corp), Servicing Agreement (National City Mortgage Capital LLC), Indenture (Long Beach Securities Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of Bond Principal Balances of the Notes Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 10 contracts
Samples: Indenture (IMPAC CMB Trust Series 2005-5), Servicing Agreement (Impac CMB Trust Series 2005-8), Indenture, Dated as Of (Imh Assets Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of Noteholders representing a majority in of the Outstanding Amount of the Notes may remove the Indenture Trustee at any time and appoint a successor Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 10 contracts
Samples: Indenture (Honda Auto Receivables 2002-3 Owner Trust), Indenture (American Honda Receivables Corp), Indenture (American Honda Receivables Corp)
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee Trustee, shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount principal amount of the Notes Outstanding, voting as a group, may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 9 contracts
Samples: Indenture (Mmca Auto Receivables Trust), Indenture (Mmca Auto Owner Trust 2000-2), Mmca Auto Receivables Trust
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the Issuer, the Servicer and the Administrator (and the Administrator shall make such notice available to each Rating Agency). The Holders of a majority in of the Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 9 contracts
Samples: Indenture (BMW Fs Securities LLC), Indenture (BMW Fs Securities LLC), Indenture (BMW Fs Securities LLC)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount Majority Noteholders or the Issuer, with the written consent of the Notes Majority Noteholders, may remove the Indenture Trustee by so notifying the Indenture Trustee and the Rating Agencies in writing and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 9 contracts
Samples: Indenture (Capitalsource Inc), Indenture (Capitalsource Inc), Indenture (Capitalsource Inc)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the aggregate Note Balance of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 9 contracts
Samples: Residential Funding Mortgage Securities Ii Inc, Home Loan Trust 2006-Hi1, Original Trust Agreement (Residential Funding Mortgage Securities Ii Inc)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Voting Interests of the Outstanding Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 9 contracts
Samples: Empire Funding Home Loan Owner Trust 1997-4, Empire Funding Home Loan Owner Trust 1997-5, Master Financial Asset Securitization Trust 1998-2
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee shall Trustee, will become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to under this Section 6.086.8. The Subject to the prior sentence, the Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of a majority in Outstanding Amount of the Notes Note Balance of the Controlling Class may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:.
Appears in 8 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2015-B), Indenture (Ford Credit Auto Owner Trust 2015-B), Indenture (Ford Credit Auto Owner Trust 2015-A)
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee Trustee, shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount principal amount of the Notes Outstanding, voting as a group, may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and the Issuer may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 8 contracts
Samples: Indenture (Mmca Auto Owner Trust 2001-3), Indenture (Mmca Auto Owner Trust 2001-4), Trust Agreement (Mmca Auto Owner Trust 2001-4)
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee shall Trustee, will become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to under this Section 6.086.8. The Subject to the preceding sentence, the Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of a majority in Outstanding Amount of the Notes Note Balance of the Controlling Class may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:.
Appears in 7 contracts
Samples: Indenture (Ford Credit Auto Lease Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2015-A)
Replacement of Indenture Trustee. No resignation or -------------------------------- removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 7 contracts
Samples: Indenture (SLM Funding Corp), SLM Funding Corp, SLM Funding Corp
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of Note Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 7 contracts
Samples: Custodial Agreement (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200), Servicing Agreement (Origen Manufactured Housing Contract Trust 2004-B), Indenture (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2005-B)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of at least a majority in Outstanding Amount of the Controlling Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 6 contracts
Samples: Indenture (SLM Private Credit Student Loan Trust 2005-A), Indenture (SLM Private Credit Student Loan Trust 2006-C), Administration Agreement (SLM Private Credit Student Loan Trust 2007-A)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer [and the Credit Enhancer]. The Holders of a majority in Outstanding Amount of Security Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee [and the Credit Enhancer] and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 6 contracts
Samples: Indenture (Cwabs Inc), Indenture (Equity One Abs Inc), Indenture (Morgan Stanley Abs Capital I Inc)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and each Rating Agency. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 6 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2010-B), Indenture (Hyundai Abs Funding Corp), Hyundai Auto Receivables Trust 2010-A
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of a majority in Outstanding Amount of the Controlling Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 6 contracts
Samples: Administration Agreement (SLM Education Credit Funding LLC), Indenture (SLM Education Credit Funding LLC), Indenture (SLM Education Credit Funding LLC)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and each Rating Agency. The Holders of a majority in Outstanding Amount of the Notes Controlling Class may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 5 contracts
Samples: Indenture (National City Auto Receivables Trust 2002-A), Indenture (Regions Auto Receivables Trust 2002-1), Indenture (SSB Vehicle Securities Inc)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of Notes representing not less than a majority in Outstanding Amount of the aggregate Note Balance of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 5 contracts
Samples: Irwin Whole Loan Home Equity Trust 2005-A, Irwin Home Equity Loan Trust 2005-1, Indenture (Bear Stearns Asset Backed Securities Inc)
Replacement of Indenture Trustee. No resignation or -------------------------------- removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 4 contracts
Samples: Indenture (Firstplus Investment Corp), Indenture (Financial Asset Securities Corp), Indenture (Firstplus Investment Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 4 contracts
Samples: Master Indenture (Crestar Securitization LLC), Indenture (Crestar Bank /Va), Crestar Bank /Va
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and each Rating Agency. The Holders of a majority in Outstanding Amount of the Notes of the Controlling Class may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 4 contracts
Samples: Vehicle Owner (BMW Fs Securities LLC), Indenture (BMW Vehicle Owner Trust 2005-A), Indenture (BMW Vehicle Owner Trust 2004-A)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying giving 90 days’ written notice thereof to the Depositor, the Issuer. The Holders of a majority in Outstanding Amount of , the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee Insurer, each Noteholder and may appoint a successor Indenture Trusteeeach Rating Agency. The Issuer shall remove the Indenture Trustee if:
Appears in 4 contracts
Samples: Indenture (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4), Indenture (Lehman ABS Corp. Home Equity Loan Trust 2005-1), Indenture (Indymac MBS Inc)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and each Rating Agency. The Holders Noteholders of at least a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and each Rating Agency and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee (and provide notice to each Rating Agency) if:
Appears in 4 contracts
Samples: SLC Student Loan Receivables I Inc, SLC Student Loan Trust 2005-2, SLC Student Loan Trust 2004-1
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 4 contracts
Samples: Indenture (Signet Student Loan Trusts), Indenture (First Union Student Loan Trust 1997-1), Indenture (Usa Group Secondary Market Services Inc)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall will become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying giving 30 days' written notice to the Issuer. The Holders of at least a majority in of the Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall Servicer must remove the Indenture Trustee if:
Appears in 4 contracts
Samples: Indenture (Ford Credit Floorplan LLC), Ford Credit Floorplan Corp, Indenture (Ford Credit Floorplan LLC)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying giving 90 days' written notice thereof to the Depositor, the Issuer. The Holders of a majority in Outstanding Amount of , the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee Insurer, each Noteholder and may appoint a successor Indenture Trusteeeach Rating Agency. The Issuer shall remove the Indenture Trustee if:
Appears in 3 contracts
Samples: Indenture (Greenpoint Mortgage Funding Trust 2005-He3), Indenture (Indymac MBS Inc), Indenture (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H1)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 3 contracts
Samples: Indenture (Key Bank Usa National Association), Mellon Bank N A, Key Bank Usa National Association
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:each
Appears in 3 contracts
Samples: Indenture (Regions Auto Receivables Trust 2003-1), Indenture (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2), Indenture (National City Bank /)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuing Entity. The Holders of a majority in Outstanding Amount of Note Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall Issuing Entity shall, remove the Indenture Trustee if:
Appears in 3 contracts
Samples: Indenture (New Century Home Equity Loan Trust 2006-2), Indenture (New Century Home Equity Loan Trust 2006-1), Indenture (Financial Asset Securities Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying giving 30 days' written notice to the Issuer. The Holders More than 50% of a majority in the Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer Owner Trustee at the direction of the Transferor shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Household Affinity Funding Corp Iii, Household Affinity Funding Corp Iii
Replacement of Indenture Trustee. No resignation resig- nation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Seller and the Issuer. The Holders of a majority in Outstanding Amount of Security Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-2), Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-1)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying giving 30 days' written notice to the Issuer. The Holders A majority of a majority in the Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer Owner Trustee at the direction of the Transferor shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Master Indenture (Hrsi Funding Inc Ii), Household Credit Card Master Note Trust I
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes Majority Noteholder may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: HFC Revolving Corp Household Home Equity Ln Tr 2003 1, HFC Revolving Corp Household Home Equity Loan Trust 2003 2
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying giving 30 days’ written notice to the Issuer. The Holders of a majority in Outstanding Amount of the Notes Majority Investors may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Purchase Agreement (NRT Settlement Services of Missouri LLC), Purchase Agreement (Realogy Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuing Entity and the Note Insurer. The Holders of a majority in Outstanding Amount of the Notes Controlling Party may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer Issuing Entity shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Manufactured Housing Contract (Origen Residential Securities, Inc.), Servicing Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A)
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee shall Trustee, will become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Subject to the preceding sentence, the Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of a majority in Outstanding Amount of the Note Balance of the Notes may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan Corp
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section SECTION 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Caterpillar Financial Funding Corp, Caterpillar Financial Funding Corp
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.09. The Indenture Trustee may resign at any time by so notifying the Issuer, the Servicer and the Administrator (and the Administrator shall notify each Rating Agency). The Holders of a majority in Outstanding Amount of the Controlling Class of Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:: 41 (2020-B Indenture)
Appears in 2 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2020-B), Indenture (Hyundai Auto Receivables Trust 2020-B)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and each Rating Agency. The Holders Noteholders of at least a majority in of the Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and each Rating Agency and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee (and provide notice to each Rating Agency) if:
Appears in 2 contracts
Samples: Indenture (SLC Student Loan Trust 2007-2), Indenture (SLC Student Loan Trust 2007-1)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Seller and the Issuer. The Holders of a majority in Outstanding Amount of Security Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-2), Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-1)
Replacement of Indenture Trustee. No resignation -------------------------------- or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Indenture (SLM Funding Corp), Indenture (SLM Funding Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes Majority Noteholders may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Indenture (Deutsche Recreational Asset Funding Corp), Deutsche Recreational Asset Funding Corp
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee Trustee, shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount principal amount of the Notes Outstanding may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Indenture (Mmca Auto Receivables Inc), Mmca Auto Receivables Inc
Replacement of Indenture Trustee. No resignation or -------------------------------- removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of Notes representing at least a majority in of the Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Indenture (Deutsche Recreational Asset Funding Corp), Deutsche Recreational Asset Funding Corp
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority Majority in Outstanding Amount Interest of the Notes each outstanding Series may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Daimlerchrysler Services North America LLC, Daimlerchrysler Services North America LLC
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuing Entity and the Credit Enhancer. The Holders of a majority in Outstanding Amount of Security Balances of the Notes Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee and the Credit Enhancer and may appoint a successor Indenture Trustee. The Issuer Issuing Entity shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Indenture (Imh Assets Corp), Imh Assets Corp
Replacement of Indenture Trustee. No resignation or removal of -------------------------------- the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: SLM Funding Corp, SLM Funding Corp
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Note Principal Balances of each Class of Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Servicing Agreement (American Home Mortgage Investment Trust 2004-3), Indenture (American Home Mortgage Investment Trust 2004-2)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying giving 30 days' written notice to the Issuer. The Holders of a majority in Outstanding Amount of the Notes Majority Investors may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Master Indenture (PHH Corp), Master Indenture (PHH Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of Note Principal Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Indenture (Imh Assets Corp), Indenture (Southern Pacific Secured Assets Corp)
Replacement of Indenture Trustee. No resignation or -------------------------------- removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Asset Backed Securities Corp, Asset Backed Securities Corp
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Majority Holders of a majority in Outstanding Amount or the Issuer, with the written consent of the Notes Majority Holders, may remove the Indenture Trustee by so notifying the Indenture Trustee and the Rating Agencies in writing and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Indenture (Officemax Inc), Indenture (Officemax Inc)
Replacement of Indenture Trustee. No resignation or -------------------------------- removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and the Credit Enhancer. The Holders of a majority in Outstanding Amount of Security Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and the Credit Enhancer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Administration Agreement (Merrill Lynch Mortgage Investors Inc), Administration Agreement (Credit Suisse First Boston Mortgage Securities Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer, provided, however, that such resignation shall only be effective upon the appointment of and acceptance by a successor Indenture Trustee in accordance with the provisions of this Indenture. The Holders of a majority in Outstanding Amount of the Notes may Issuer shall remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Indenture (Chase Education Loan Trust 2007-A), Collegiate Funding of Delaware LLC
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee shall Trustee, will become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Subject to the preceding sentence, the Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of at least a majority in Outstanding Amount of the Notes Note Balance of the Controlling Class may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:.
Appears in 2 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2010-B), Indenture (Ford Credit Auto Owner Trust 2010-A)
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee shall Trustee, will become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.088.8. The Subject to the preceding sentence, the Indenture Trustee may resign at any time by so notifying the Issuer. The Majority Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:.
Appears in 2 contracts
Samples: Indenture (Commercial Credit, Inc.), Indenture (Commercial Credit, Inc.)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Principal Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Caterpillar Financial Funding Corp, Caterpillar Financial Funding Corp
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and the Swap Counterparty. The Holders of Noteholders representing a majority in of the Outstanding Amount of the Notes may remove the Indenture Trustee at any time and appoint a successor Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trusteein writing. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Indenture (Honda Auto Receivables 2008-2 Owner Trust), Honda Auto Receivables 2007-3 Owner Trust
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.09. The Indenture Trustee may resign at any time by so notifying the Issuer, the Servicer and the Administrator (and the Administrator shall notify each Rating Agency). The Holders of a majority in Outstanding Amount of the Controlling Class of Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:: 41 (2021-A Indenture)
Appears in 2 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2021-A), Indenture (Hyundai Auto Receivables Trust 2021-A)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the IssuerIssuing Entity. The Holders of Notes representing not less than a majority in Outstanding Amount of the aggregate Note Balance of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer Issuing Entity shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Material Definitive Agreement (Bear Stearns Asset Backed Securities I LLC), Material Definitive Agreement (Bear Stearns Asset Backed Securities I LLC)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes Majority Noteholder may remove the Indenture Trustee by so notifying the Indenture Trustee and the Depositor and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 2 contracts
Samples: Indenture (Household Mortgage Loan Trust 2003-Hc1), Household Mortgage Loan Trust 2002 Hc1
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer, the Swap Counterparty and each Rating Agency. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Indenture (Hyundai Abs Funding Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying giving thirty (30) days written notice to the Issuer. The Holders A majority of a majority in the Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Master Indenture (Associates Credit Card Receivables Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee Trustee, shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount principal amount of the Notes Outstanding may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Mmca Auto Receivables Inc
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and the Credit Enhancer. The Holders of a majority in Outstanding Amount of Security Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee [and the Credit Enhancer and may appoint a successor Indenture Trustee]. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Beneficial Mortgage Services Inc
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of at least a majority in of the Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Indenture (Wells Fargo Student Loans Receivables I LLC)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying giving 30 days' written notice to the IssuerTrust. The Holders A majority of a majority in the Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer Trust shall remove the Indenture Trustee if:
Appears in 1 contract
Replacement of Indenture Trustee. No resignation -------------------------------- or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture ------------ Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Voting Interests of the Outstanding Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Ace Securities Corp
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Controlling Noteholders of a majority in Outstanding Amount of the Controlling Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Key Bank Usa National Association
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee Trustee, and no appointment of a successor Indenture Trustee Trustee, shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders Noteholders of Notes evidencing not less than a majority in Outstanding Amount principal amount of the Notes Outstanding may remove the Indenture Trustee without cause by so notifying the Indenture Trustee and the Issuer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Ford Credit Auto Receivables Two LLC
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.8. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Onyx Acceptance Financial Corp
Replacement of Indenture Trustee. (a) No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying giving written notice to the Issuer. The Holders of a majority in Outstanding Principal Amount of the Controlling Note Class of Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Indenture (Bank One Auto Securitization Trust 2003-1)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.086.09. The Indenture Trustee may resign at any time by so notifying the Issuer, the Servicer and the Administrator (and the Administrator shall notify each Rating Agency). The Holders of a majority in Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuing Entity. The Holders of a majority in Outstanding Amount of Note Principal Balances of the Offered Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall Issuing Entity shall, remove the Indenture Trustee if:
Appears in 1 contract
Samples: Merrill Lynch Mortgage Investors Inc
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying giving thirty (30) days written notice to the Issuer. The Holders of a majority in Notes representing more than 50% of the Outstanding Amount of the Notes all Series may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer [Administrator] shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Master Indenture (Advanta Business Recievables Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and the Enhancer. The Enhancer or the Holders of a majority in Outstanding Amount of aggregate Note Balance of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and the Enhancer (if given by such Noteholders) and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Bear Stearns Asset Back Sec Inc Gmacm Rev Ho Eq Lo Tr 1998-2
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. ------------ The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount Majority Noteholders or the Issuer, with the written consent of the Notes Majority Noteholders, may remove the Indenture Trustee by so notifying the Indenture Trustee and the Rating Agencies in writing and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Indenture (MCG Capital Corp)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of Notes representing not less than a majority in Outstanding Amount of the Notes aggregate Note Balance may remove the Indenture Trustee by so notifying the Indenture Trustee Trustee, and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Bear Stearns Asset Backed Sec Inc Irwin Home Eq Lo Tr 1999-2
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the Issuer. The Holders of a majority in Outstanding Amount of Note Principal Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall shall, remove the Indenture Trustee if:
Appears in 1 contract
Samples: Servicing Agreement (American Home Mort Securities Home Mortgage Invest Tr 2004-1)
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the IssuerOwner Trustee. The Holders of a majority in Outstanding Amount of the Notes Majority Noteholder may remove the Indenture Trustee by so notifying the Indenture Trustee and the Seller and may appoint a successor Indenture Trustee. The Issuer Owner Trustee shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Compass Asset Acceptance Co
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying giving 30 days’ written notice to the Issuer. The Holders of a majority in Outstanding Amount of the Notes Majority Investors may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:: Exhibit 10.59 (a) the Indenture Trustee fails to comply with Section 6.11;
Appears in 1 contract
Samples: Receivables Purchase Agreement (Domus Holdings Corp)
Replacement of Indenture Trustee. No resignation or removal -------------------------------- of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and the Credit Enhancer. The Holders of a majority in Outstanding Amount of Security Balances of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and the Credit Enhancer and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08Section. The Indenture Trustee may resign at any time by so notifying the IssuerIssuer and each Rating Agency. The Holders of a majority in of the Outstanding Amount of the Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: BMW Vehicle Owner Trust 2010-A
Replacement of Indenture Trustee. No resignation or removal of the Indenture Trustee and no appointment of a successor Indenture Trustee shall become effective until the acceptance of appointment by the successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee may resign at any time by so notifying in writing the Issuer. The Majority Holders of a majority in Outstanding Amount or the Issuer, with the written consent of the Notes Majority Holders, may remove the Indenture Trustee by so notifying the Indenture Trustee and the Rating Agency in writing and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:
Appears in 1 contract
Samples: Indenture (St Joe Co)
