Common use of Issue Supplement Clause in Contracts

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates under the Trust Agreement and the 20 -X Issue Supplement at any time by the Issuer and the Trustee with the consent of the Holders of REMIC Certificates of each Class representing not less than 51% of the Voting Rights of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] REMIC Certificate pursuant to the Trust Agreement will be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] REMIC Certificate and of any Class X-[R][RM][RL] REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] REMIC Certificate. This Class X-[R][RM][RL] REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] REMIC Certificate is registrable in the Certificate Register of the Trustee upon surrender of this Class X-[R][RM][RL] REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the Issuer, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will be imposed for any registration of transfer of this Class X-[R][RM][RL] REMIC Certificate and the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this Class X-[R][RM][RL] REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the Guarantor, the Trustee, the Certificate Registrar and any of their respective agents may treat the Person in whose name this Class X-[R][RM][RL] REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the Guarantor, the Trustee, the Certificate Registrar or any of their respective agents will be affected by notice to the contrary. This Class X-[R][RM][RL] REMIC Certificate and the 20 -X Issue Supplement will be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples). This Class X-[R][RM][RL] REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X Issue Supplement, to which Trust Agreement and 20 -X Issue Supplement the Holder of this Class X-[R][RM][RL] REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] REMIC Certificate will not be entitled to any benefit under the Trust Agreement or 20 -X Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 4 contracts

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

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Issue Supplement. The Holder of this Certificate agrees to, and shall be bound by, the book-entry procedures set forth in the Trust Agreement and the 2007-79 Issue Supplement. Distributions on this Certificate shall be made by wire transfer in immediately available funds by the Paying Agent not later than the related Distribution Date to the Certificateholder as of the preceding Record Date as it appears on the Certificate Register or to its nominee; provided, however, that the final distribution in respect of this Certificate shall be made only upon presentation and surrender of this Certificate at the corporate trust office of the Paying Agent as specified in the Trust Agreement and the 2007-79 Issue Supplement. Any reduction in the principal amount of this Certificate (or any predecessor Certificate) effected by any payments made on any Distribution Date shall be binding upon all future Holders of this Certificate and of any Certificate issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not noted hereon. The Record Date for each Distribution Date is the last day of the month preceding the month in which such Distribution Date occurs. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates Certificateholders under the Trust Agreement and the 20 -X 2007-79 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Xxx with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Balances aggregating not less than 5166% of the Voting Rights Class Balance of the Certificates of such Class. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 2007-79 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] REMIC Certificate pursuant to the Trust Agreement will be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] REMIC Certificate and of any Class X-[R][RM][RL] REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] REMIC Certificate. This Class X-[R][RM][RL] REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 2007-79 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Xxx upon surrender of this Class X-[R][RM][RL] REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Xxx for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Xxx and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Xxx, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] REMIC Certificate for the same initial Certificate Balance will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Xxx shall be imposed for any registration of transfer or exchange of this Class X-[R][RM][RL] REMIC Certificate and the Trustee Xxxxxx Xxx may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this Class X-[R][RM][RL] REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Xxx, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Xxx or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the Guarantor, neither Xxxxxx Xxx nor the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Xxx or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] REMIC Certificate Certificate, the Trust Agreement and the 20 -X 2007-79 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X the 2007-79 Issue Supplement, to which Trust Agreement and 20 -X 2007-79 Issue Supplement the Holder of this Class X-[R][RM][RL] REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X and the 2007-79 Issue Supplement Supplement, or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Trust Agreement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates under the Trust Agreement and the 20 -X Issue Supplement at any time by the Issuer and the Trustee with the consent of the Holders of REMIC Certificates of each Class representing not less than 51% of the Voting Rights of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] REMIC Certificate pursuant to the Trust Agreement will be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] REMIC Certificate and of any Class X-[R][RM][RL] REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] REMIC Certificate. This Class X-[R][RM][RL] REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] REMIC Certificate is registrable in the Certificate Register of the Trustee upon surrender of this Class X-[R][RM][RL] REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee and the Certificate Registrar duly executed by, the Holder hereof or such HolderXxxxxx’s attorney duly authorized in writing, and such other documents as the Issuer, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will be imposed for any registration of transfer of this Class X-[R][RM][RL] REMIC Certificate and the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this Class X-[R][RM][RL] REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the Guarantor, the Trustee, the Certificate Registrar and any of their respective agents may treat the Person in whose name this Class X-[R][RM][RL] REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the Guarantor, the Trustee, the Certificate Registrar or any of their respective agents will be affected by notice to the contrary. This Class X-[R][RM][RL] REMIC Certificate and the 20 -X Issue Supplement will be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples). This Class X-[R][RM][RL] REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X Issue Supplement, to which Trust Agreement and 20 -X Issue Supplement the Holder of this Class X-[R][RM][RL] REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] REMIC Certificate will not be entitled to any benefit under the Trust Agreement or 20 -X Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Remic Master Trust Agreement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx Mae and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 1996-2 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Xxx with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Principal Balances aggregating not less than 5166% of the Voting Rights Class Certificate Principal Balance of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 1996-2 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] 2-R REMIC Certificate pursuant to the Trust Agreement will shall be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] 2-R REMIC Certificate and of any Class X-[R][RM][RL] 2-R REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] 2-R REMIC Certificate. This Class X-[R][RM][RL] 2-R REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 1996-2 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] 2-R REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Mae upon surrender of this Class X-[R][RM][RL] 2-R REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Xxx for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Mae and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Xxx, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] 2-R REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Mae shall be imposed for any registration of transfer of this Class X-[R][RM][RL] 2-R REMIC Certificate and the Trustee Xxxxxx Xxx may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this the Class X-[R][RM][RL] 2-R REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Mae is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Xxx, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Mae or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] 2-R REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the GuarantorXxxxxx Xxx, the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Mae or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] 2-R REMIC Certificate and the 20 -X 1996-2 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] 2-R REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X 1996-2 Issue Supplement, to which Trust Agreement and 20 -X 1996-2 Issue Supplement the Holder of this Class X-[R][RM][RL] 2-R REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] 2-R REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X 1996-2 Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Issue Supplement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 1997-5 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Mae with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Principal Balances aggregating not less than 5166% of the Voting Rights Class Certificate Principal Balance of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 1997-5 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] 5-R REMIC Certificate pursuant to the Trust Agreement will shall be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] 5-R REMIC Certificate and of any Class X-[R][RM][RL] 5-R REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] 5-R REMIC Certificate. This Class X-[R][RM][RL] 5-R REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 1997-5 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] 5-R REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Xxx upon surrender of this Class X-[R][RM][RL] 5-R REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Mae for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Xxx and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Mae, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] 5-R REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Xxx shall be imposed for any registration of transfer of this Class X-[R][RM][RL] 5-R REMIC Certificate and the Trustee Xxxxxx Mae may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this the Class X-[R][RM][RL] 5-R REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Xxx is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Xxx or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] 5-R REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Xxx or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] 5-R REMIC Certificate and the 20 -X 1997-5 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] 5-R REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X 1997-5 Issue Supplement, to which Trust Agreement and 20 -X 1997-5 Issue Supplement the Holder of this Class X-[R][RM][RL] 5-R REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] 5-R REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X 1997-5 Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Trust Agreement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 2006-X Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Mae with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Balances aggregating not less than 5166% of the Voting Rights Class Balance of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 2006-X Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RLX-[R][RL] REMIC Certificate pursuant to the Trust Agreement will shall be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RLX-[R][RL] REMIC Certificate and of any Class X-[R][RM][RLX-[R][RL] REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RLX-[R][RL] REMIC Certificate. This Class X-[R][RM][RLX-[R][RL] REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 2006-X Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RLX-[R][RL] REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Xxx upon surrender of this Class X-[R][RM][RLX-[R][RL] REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Xxx for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Mae and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Xxx, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RLX-[R][RL] REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Xxx shall be imposed for any registration of transfer of this Class X-[R][RM][RLX-[R][RL] REMIC Certificate and the Trustee Xxxxxx Xxx may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this Class X-[R][RM][RLX-[R][RL] REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Xxx is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Xxx or the Trustee may treat the Person in whose name this Class X-[R][RM][RLX-[R][RL] REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the GuarantorXxxxxx Xxx, the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Mae or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RLX-[R][RL] REMIC Certificate and the 20 -X Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RLX-[R][RL] REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X Issue Supplement, to which Trust Agreement and 20 -X Issue Supplement the Holder of this Class X-[R][RM][RLX-[R][RL] REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RLX-[R][RL] REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Trust Agreement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx Mae and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 1996-59 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Xxx with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Principal Balances or Notional Principal Balances aggregating not less than 5166% of the Voting Rights Class Certificate Principal Balance or Class Notional Principal Balance of the REMIC Certificates of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 1996-59 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] 59-R REMIC Certificate pursuant to the Trust Agreement will shall be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] 59-R REMIC Certificate and of any Class X-[R][RM][RL] 59-R REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] 59-R REMIC Certificate. This Class X-[R][RM][RL] 59-R REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 1996-59 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] 59-R REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Mae upon surrender of this Class X-[R][RM][RL] 59-R REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Xxx for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Mae and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Xxx, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] 59-R REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Mae shall be imposed for any registration of transfer of this Class X-[R][RM][RL] 59-R REMIC Certificate and the Trustee Xxxxxx Xxx may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this Class X-[R][RM][RL] 59-R REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Mae is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Xxx, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Mae or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] 59-R REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the Guarantor, neither Xxxxxx Xxx nor the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Mae or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] 59-R REMIC Certificate and the 20 -X 1996-59 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] 59-R REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X 1996-59 Issue Supplement, to which Trust Agreement and 20 -X 1996-59 Issue Supplement the Holder of this Class X-[R][RM][RL] 59-R REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] 59-R REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X 1996-59 Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Issue Supplement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 1996-17 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Mae with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Principal Balances or Notional Principal Balances, as the case may be, aggregating not less than 5166% of the Voting Rights Class Certificate Principal Balance or Class Notional Principal Balance of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 1996-17 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] 17-R REMIC Certificate pursuant to the Trust Agreement will shall be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] 17-R REMIC Certificate and of any Class X-[R][RM][RL] 17-R REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] 17-R REMIC Certificate. This Class X-[R][RM][RL] 17-R REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 1996-17 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] 17-R REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Xxx upon surrender of this Class X-[R][RM][RL] 17-R REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Mae for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Xxx and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Mae, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] 17-R REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Xxx shall be imposed for any registration of transfer of this Class X-[R][RM][RL] 17-R REMIC Certificate and the Trustee Xxxxxx Mae may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this the Class X-[R][RM][RL] 17-R REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Xxx is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Xxx or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] 17-R REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Xxx or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] 17-R REMIC Certificate and the 20 -X 1996-17 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] 17-R REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X 1996-17 Issue Supplement, to which Trust Agreement and 20 -X 1996-17 Issue Supplement the Holder of this Class X-[R][RM][RL] 17-R REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] 17-R REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X the 1996-17 Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Issue Supplement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 1996-71 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Mae with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Principal Balances, as the case may be, aggregating not less than 5166% of the Voting Rights Class Certificate Principal Balance of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 1996-71 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] 71-R REMIC Certificate pursuant to the Trust Agreement will shall be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] 71-R REMIC Certificate and of any Class X-[R][RM][RL] 71-R REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] 71-R REMIC Certificate. This Class X-[R][RM][RL] 71-R REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 1996-71 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] 71-R REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Xxx upon surrender of this Class X-[R][RM][RL] 71-R REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Mae for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Xxx and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Mae, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] 71-R REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Xxx shall be imposed for any registration of transfer of this Class X-[R][RM][RL] 71-R REMIC Certificate and the Trustee Xxxxxx Mae may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this the Class X-[R][RM][RL] 71-R REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Xxx is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Xxx or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] 71-R REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Xxx or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] 71-R REMIC Certificate and the 20 -X 1996-71 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] 71-R REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X 1996-71 Issue Supplement, to which Trust Agreement and 20 -X 1996-71 Issue Supplement the Holder of this Class X-[R][RM][RL] 71-R REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] 71-R REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X 1996-71 Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Issue Supplement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 1996-42 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Mae with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Principal Balances aggregating not less than 5166% of the Voting Rights Class Certificate Principal Balance of the REMIC Certificates of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 1996-42 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] REMIC Certificate pursuant to the Trust Agreement will be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] REMIC Certificate and of any Class X-[R][RM][RL] REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] REMIC Certificate. This Class X-[R][RM][RL] 42-R REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 1996-42 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] 42-R REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Xxx upon surrender of this Class X-[R][RM][RL] 42-R REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Mae for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Xxx and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Mae, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] 42-R REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Xxx shall be imposed for any registration of transfer of this Class X-[R][RM][RL] 42-R REMIC Certificate and the Trustee Xxxxxx Mae may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this Class X-[R][RM][RL] 42-R REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Xxx is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Xxx or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] 42-R REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the Guarantor, neither Xxxxxx Mae nor the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Xxx or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] 42-R REMIC Certificate and the 20 -X 1996-42 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] 42-R REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X 1996-42 Issue Supplement, to which Trust Agreement and 20 -X 1996-42 Issue Supplement the Holder of this Class X-[R][RM][RL] 42-R REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] 42-R REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X 1996-42 Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Federal National Mortgage Association Issue Supplement

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Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx Mae and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 1996-58 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Xxx with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Principal Balances aggregating not less than 5166% of the Voting Rights Class Certificate Principal Balance of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 1996-58 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] 58-R REMIC Certificate pursuant to the Trust Agreement will shall be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] 58-R REMIC Certificate and of any Class X-[R][RM][RL] 58-R REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] 58-R REMIC Certificate. This Class X-[R][RM][RL] 58-R REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 1996-58 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] 58-R REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Mae upon surrender of this Class X-[R][RM][RL] 58-R REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Xxx for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Mae and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Xxx, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] 58-R REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Mae shall be imposed for any registration of transfer of this Class X-[R][RM][RL] 58-R REMIC Certificate and the Trustee Xxxxxx Xxx may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this the Class X-[R][RM][RL] 58-R REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Mae is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Xxx, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Mae or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] 58-R REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the GuarantorXxxxxx Xxx, the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Mae or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] 58-R REMIC Certificate and the 20 -X 1996-58 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] 58-R REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X 1996-58 Issue Supplement, to which Trust Agreement and 20 -X 1996-58 Issue Supplement the Holder of this Class X-[R][RM][RL] 58-R REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] 58-R REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X 1996-58 Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Trust Agreement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx Mae and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 1998-9 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Xxx with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Principal Balances aggregating not less than 5166% of the Voting Rights Class Certificate Principal Balance of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 1998-9 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] 9-R REMIC Certificate pursuant to the Trust Agreement will shall be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] 9-R REMIC Certificate and of any Class X-[R][RM][RL] 9-R REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] 9-R REMIC Certificate. This Class X-[R][RM][RL] 9-R REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 1998-9 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] 9-R REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Mae upon surrender of this Class X-[R][RM][RL] 9-R REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Xxx for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Mae and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Xxx, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] 9-R REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Mae shall be imposed for any registration of transfer of this Class X-[R][RM][RL] 9-R REMIC Certificate and the Trustee Xxxxxx Xxx may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this Class X-[R][RM][RL] 9-R REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Mae is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Xxx, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Mae or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] 9-R REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the GuarantorXxxxxx Xxx, the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Mae or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] 9-R REMIC Certificate and the 20 -X 1998-9 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] 9-R REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X 1998-9 Issue Supplement, to which Trust Agreement and 20 -X 1998-9 Issue Supplement the Holder of this Class X-[R][RM][RL] 9-R REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] 9-R REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X 1998-9 Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Issue Supplement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 1996-38 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Mae with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Principal Balances or Notional Principal Balances, as the case may be, aggregating not less than 5166% of the Voting Rights Class Certificate Principal Balance or Class Notional Principal Balance of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 1996-38 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] 38-R REMIC Certificate pursuant to the Trust Agreement will shall be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] 38-R REMIC Certificate and of any Class X-[R][RM][RL] 38-R REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] 38-R REMIC Certificate. This Class X-[R][RM][RL] 38-R REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 1996-38 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] 38-R REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Xxx upon surrender of this Class X-[R][RM][RL] 38-R REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Mae for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Xxx and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Mae, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] 38-R REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Xxx shall be imposed for any registration of transfer of this Class X-[R][RM][RL] 38-R REMIC Certificate and the Trustee Xxxxxx Mae may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this the Class X-[R][RM][RL] 38-R REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Xxx is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Xxx or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] 38-R REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Xxx or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] 38-R REMIC Certificate and the 20 -X 1996-38 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] 38-R REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X 1996-38 Issue Supplement, to which Trust Agreement and 20 -X 1996-38 Issue Supplement the Holder of this Class X-[R][RM][RL] 38-R REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] 38-R REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X 1996-38 Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Federal National Mortgage Association Issue Supplement

Issue Supplement. Any reduction in the principal amount of this Class 6-FA Certificate (or any predecessor Class 6-FA Certificate) effected by any payments made on any Distribution Date will be binding upon all future Holders of this Class 6-FA Certificate and of any Class 6- FA Certificate issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not noted hereon. The Record Date for each Distribution Date is the last day of the month preceding the month in which such Distribution Date occurs. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates Certificateholders under the Trust Agreement and the 20 -X 2009-6 Issue Supplement at any time by the Issuer and the Trustee with the consent of the Holders of REMIC Certificates of each Class representing not less than 51% of the Voting Rights of such Class. Any such consent by the Holder of this Class 6-FA Certificate will be conclusive and binding on such Holder and upon all future Holders of this Class 6-FA Certificate and of any Class 6-FA Certificate issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof whether or not notation of such consent is made upon this Class 6-FA Certificate. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 2009-6 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] REMIC Certificate pursuant to the Trust Agreement will be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] REMIC Certificate and of any Class X-[R][RM][RL] REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] REMIC Certificate. This Class X-[R][RM][RL] REMIC 6-FA Certificate is issuable only as a registered REMIC Class 6-FA Certificate. As provided in the Trust Agreement and the 20 -X 2009-6 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] REMIC 6-FA Certificate is registrable in the Certificate Register of the Trustee upon surrender of this Class X-[R][RM][RL] REMIC 6-FA Certificate for registration of transfer at the office or agency maintained by the Trustee for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee and the Certificate Registrar duly executed by, the Holder hereof or such HolderXxxxxx’s attorney duly authorized in writing, and such other documents as the Issuer, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] REMIC 6-FA Certificate for the same initial Certificate Balance will be issued to the designated transferee. A service charge in an amount determined by the Trustee will be imposed for any registration of transfer or exchange of this Class X-[R][RM][RL] REMIC 6-FA Certificate and the Trustee may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this Class X-[R][RM][RL] REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the Guarantor, the Trustee, the Certificate Registrar and any of their respective agents may treat the Person in whose name this Class X-[R][RM][RL] REMIC 6-FA Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the Guarantor, the Trustee, the Certificate Registrar or any of their respective agents will be affected by notice to the contrary. This Class X-[R][RM][RL] REMIC Certificate 6-FA Certificate, the Trust Agreement and the 20 -X 2009-6 Issue Supplement will be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princplesprinciples). This Class X-[R][RM][RL] REMIC 6-FA Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X the 2009-6 Issue Supplement, to which Trust Agreement and 20 -X 2009-6 Issue Supplement the Holder of this Class X-[R][RM][RL] REMIC 6-FA Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] REMIC 6-FA Certificate will not be entitled to any benefit under the Trust Agreement or 20 -X the 2009-6 Issue Supplement Supplement, or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Remic Master Trust Agreement

Issue Supplement. The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Xxx and the rights of the Holders of Certificates REMIC Certificateholders under the Trust Agreement and the 20 -X 1996-30 Issue Supplement at any time by the Issuer and the Trustee Xxxxxx Mae with the consent of the Holders of REMIC Certificates of each Class representing having Certificate Principal Balances, as the case may be, aggregating not less than 5166% of the Voting Rights Class Certificate Principal Balance of such Class. The Trust Agreement also permits the amendment thereof or the amendment of the 20 -X 1996-30 Issue Supplement, in certain limited circumstances, without the consent of the Holders of any of the REMIC Certificates. Any consent by the Holder of this Class X-[R][RM][RL] 30-R REMIC Certificate pursuant to the Trust Agreement will shall be conclusive and binding on such Holder and upon all future Holders of this Class X-[R][RM][RL] 30-R REMIC Certificate and of any Class X-[R][RM][RL] 30-R REMIC Certificate issued upon the registration of transfer hereof or in lieu hereof whether or not notation of such consent is made upon this Class X-[R][RM][RL] 30-R REMIC Certificate. This Class X-[R][RM][RL] 30-R REMIC Certificate is issuable only as a registered REMIC Certificate. As provided in the Trust Agreement and the 20 -X 1996-30 Issue Supplement and subject to certain limitations set forth therein, and subject to the restrictions on transfer set forth on the first and second pages hereof, the transfer of this Class X-[R][RM][RL] 30-R REMIC Certificate is registrable in the Certificate Register of the Trustee Xxxxxx Xxx upon surrender of this Class X-[R][RM][RL] 30-R REMIC Certificate for registration of transfer at the office or agency maintained by the Trustee Xxxxxx Mae for such purpose, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Issuer, the Trustee Xxxxxx Xxx and the Certificate Registrar duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and such other documents as the IssuerXxxxxx Mae, the Trustee or the Certificate Registrar may require, and thereupon a new Class X- [R][RM][RL] 30-R REMIC Certificate will be issued to the designated transferee. A service charge in an amount determined by the Trustee will Xxxxxx Xxx shall be imposed for any registration of transfer of this Class X-[R][RM][RL] 30-R REMIC Certificate and the Trustee Xxxxxx Mae may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection therewith. The Holder of this the Class X-[R][RM][RL] 30-R REMIC Certificate, by the acceptance of such Certificate, agrees that the Trustee Xxxxxx Xxx is designated as its fiduciary in the performance of all the duties required of, or permitted to be taken by, the tax matters person for such Trust Fund and, if necessary, to execute a power of attorney to such effect. The Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar and any agent of their respective agents Xxxxxx Xxx or the Trustee may treat the Person in whose name this Class X-[R][RM][RL] 30-R REMIC Certificate is registered as the owner hereof for all purposes, and none of the Issuer, the GuarantorXxxxxx Mae, the Trustee, the Certificate Registrar or any agent of their respective agents will Xxxxxx Xxx or the Trustee shall be affected by notice to the contrary. This Class X-[R][RM][RL] 30-R REMIC Certificate and the 20 -X 1996-30 Issue Supplement will shall be construed in accordance with, and governed by, the substantive laws of the District of Columbia applicable to agreements made and to be performed therein (without giving effect to conflicts of law princples)therein. This Class X-[R][RM][RL] 30-R REMIC Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement and 20 -X 1996-30 Issue Supplement, to which Trust Agreement and 20 -X 1996-30 Issue Supplement the Holder of this Class X-[R][RM][RL] 30-R REMIC Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Unless the certificate of authentication hereon has been executed by or on behalf of the Certificate Registrar by manual or facsimile signature, this Class X-[R][RM][RL] 30-R REMIC Certificate will shall not be entitled to any benefit under the Trust Agreement or 20 -X 1996-30 Issue Supplement or be valid for any purpose. * * * * * * * * * * *

Appears in 1 contract

Samples: Federal National Mortgage Association Issue Supplement

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