Common use of Certain Matters Regarding the Insurer Clause in Contracts

Certain Matters Regarding the Insurer. So long as an ------------------------------------- Insurer Default shall not have occurred and be continuing, the Insurer shall have the right to exercise all rights, including voting rights, which the Noteholders are entitled to exercise pursuant to this Indenture, without any consent of such Noteholders, subject to any rights specifically granted to Noteholders in respect of amendments to this Agreement pursuant to Sections 3.07(e) and 9.

Appears in 1 contract

Sources: Indenture (Auto Nations Receivables Corp)

Certain Matters Regarding the Insurer. So long as an ------------------------------------- Insurer Default shall not have occurred and be continuing, the Insurer shall have the right to exercise all rights, including voting rights, which the Noteholders are entitled to exercise pursuant to this Indenture, without any consent of such Noteholders, subject to any rights specifically granted to Noteholders in respect of amendments to this Agreement pursuant to Sections 3.07(e) and 9.

Appears in 1 contract

Sources: Indenture (Auto Nations Receivables Corp)