Common use of Waiver of Past Events Clause in Contracts

Waiver of Past Events. Subject to Section 11.2 of the Base Indenture, Series 2006-1 Noteholders holding 100% of the Aggregate Invested Amount of such Series and the Series 2006-1 Insurer may, by written notice to the Trustee, waive any existing Potential Amortization Event or Amortization Event. In accordance with Section 8.8 of this Supplement, the Trustee shall promptly notify each Rating Agency upon any such waiver of a Potential Amortization Event or Amortization Event.

Waiver of Past Events. Subject to Section 11.2 of the Base Indenture, Series 20062005-1 Noteholders holding 100% of the Aggregate Invested Amount of such Series and the Series 20062005-1 Insurer may, by written notice to the Trustee, waive any existing Potential Amortization Event or Amortization Event. In accordance with Section 8.8 of this Supplement, the Trustee shall promptly notify each Rating Agency upon any such waiver of a Potential Amortization Event or Amortization Event.

Waiver of Past Events. Subject to Section 11.2 of the Base Indenture, Series 20062007-1 Noteholders holding 100% of the Aggregate Invested Amount of such Series and the Series 2006-1 Insurer may, by written notice to the Trustee, waive any existing Potential Amortization Event or Amortization Event. In accordance with Section 8.8 of this Supplement, the Trustee shall promptly notify each Rating Agency upon any such waiver of a Potential Amortization Event or Amortization Event.

Waiver of Past Events. Subject to Section 11.2 of the Base Indenture, Series 20062004-1 Noteholders holding 100% of the Aggregate Invested Amount of such Series and the Series 20062004-1 Insurer may, by written notice to the Trustee, waive any existing Potential Amortization Event or Amortization Event. In accordance with Section 8.8 of this Supplement, the Trustee shall promptly notify each Rating Agency upon any such waiver of a Potential Amortization Event or Amortization Event.