Common use of Conservatorship Clause in Contracts

Conservatorship. Seller shall not (and Conservator, by its signature below, agrees that it shall not), without the prior written consent of Purchaser, terminate, seek termination of or permit to be terminated the conservatorship of Seller pursuant to Section 1367 of the FHE Act, other than in connection with a receivership pursuant to Section 1367 of the FHE Act.

Appears in 8 contracts

Samples: Senior Preferred Stock Purchase Agreement, Senior Preferred Stock Purchase Agreement (Federal National Mortgage Association Fannie Mae), Senior Preferred Stock Purchase Agreement (Federal Home Loan Mortgage Corp)

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Conservatorship. Seller shall not (and Conservator, by its signature below, agrees that it shall not), without the prior written consent of Purchaser, terminate, seek termination of or permit per- mit to be terminated the conservatorship of Seller pursuant to Section 1367 of the FHE Act, other than in connection with a receivership pursuant to Section 1367 of the FHE Act.

Appears in 5 contracts

Samples: Senior Preferred Stock Purchase Agreement, Senior Preferred Stock Purchase Agreement, Senior Preferred Stock Purchase Agreement

Conservatorship. Seller shall not (and Conservator, by its signature below, agrees that it shall not), without the prior written consent of Purchaser, terminate, seek termination of or permit to be terminated the conservatorship of Seller pursuant to Section 1367 of the FHE Act, other - 8 - than in connection with a receivership pursuant to Section 1367 of the FHE Act.

Appears in 2 contracts

Samples: Senior Preferred Stock Purchase Agreement (Federal Home Loan Mortgage Corp), Senior Preferred Stock Purchase Agreement (Federal Home Loan Mortgage Corp)

Conservatorship. (a) Seller shall not (and Conservator, by its signature below, agrees that it shall not), without the prior written consent of Purchaser, terminate, seek termination of or (except in connection with a termination permitted under Section 5.3(b)) permit to be terminated the conservatorship of Seller pursuant to Section 1367 of the FHE Act, other than in connection with a receivership pursuant to Section 1367 of the FHE Act.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Federal National Mortgage Association Fannie Mae)

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Conservatorship. Seller shall not (and Conservator, by its signature below, agrees that it shall not), without the prior written consent of Purchaser, terminate, seek termination of or permit to be terminated the conservatorship of Seller pursuant to Section 1367 of the FHE Act, other xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/1026214/000102621408000035/f67498exv10w1.htm 9/14 than in connection with a receivership pursuant to Section 1367 of the FHE Act.

Appears in 1 contract

Samples: Senior Preferred Stock Purchase Agreement

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