Examples of Certificate Majority in a sentence
Except as expressly provided herein, any written notice of the Certificateholders delivered pursuant to this Agreement shall be effective if signed by the Certificate Majority at the time of the delivery of such notice.
Except as expressly provided herein, any action that may be taken by the Certificateholders under this Agreement may be taken by the Certificate Majority.
The Owner Trustee is further authorized from time to time to take such action as the Certificate Majority recommends with respect to the Basic Documents so long as such activities are consistent with the terms of the Basic Documents.
The Certificate Majority shall not instruct the Owner Trustee in a manner inconsistent with this Agreement or the Basic Documents.
If the Master Servicer shall not have joined in such appointment within 15 days after the receipt by it of a request so to do, the Owner Trustee, subject to the approval of the Certificate Majority (which approval shall not be unreasonably withheld), shall have the power to make such appointment.