Common use of Waiver of Past Events of Servicing Termination Clause in Contracts

Waiver of Past Events of Servicing Termination. The Noteholders of Notes evidencing not less than a majority of the principal amount of the Notes Outstanding or the Certificateholders of Certificates evidencing not less than a majority of the Aggregate Certificate Balance (in the case of an Event of Servicing Termination which does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders and Certificateholders, waive any Event of

Waiver of Past Events of Servicing Termination. The Noteholders of Notes evidencing not less than a majority of the principal amount of the Notes Outstanding or the Certificateholders of Certificates evidencing not less than a majority of the Aggregate Certificate Balance (in the case of an Event of Servicing Termination which does not adversely affect the Indenture Trustee or the Noteholders) may, on behalf of all Noteholders and Certificateholders, waive any Event ofServicing