Common use of With 51% Holder Consent Clause in Contracts

With 51% Holder Consent. With the consent of the Holders of Certificates of each Class of a Series representing at least 51% of the Voting Rights of such Class, the Issuer and the Trustee may enter into any Amendment for any purpose or waive any provision of this Trust Agreement, other than any change to which Subsection 12.04(b) applies.

Appears in 4 contracts

Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement

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With 51% Holder Consent. With the consent of the Holders of Certificates of each Class of a Series representing at least not less than 51% of the Voting Rights of such Class, the Issuer and the Trustee may enter into any Amendment for any purpose or waive any provision of this Trust Agreement, other than any change to which Subsection 12.04(b11.04(b) applies.

Appears in 2 contracts

Samples: SMBS Master Trust Agreement, SMBS Master Trust Agreement

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