No Right to Participate. No Holder will have any right to control or to participate in the control and administration of any Trust or the related Trust Fund, nor will any of the terms of the Trust Documents be construed to constitute the Holders and Xxxxxx Xxx (in any capacity) as partners or members of an association, nor will any Holder have any duty or liability to any third person by reason of any action taken by the parties to the Trust Documents or pursuant to the provisions of the Trust Documents.
No Right to Participate. No Participant, Eligible Individual or other employee of the Company shall at any time have the right to be selected for participation in the Plan for any Performance Period, despite having previously participated in this Plan or another incentive plan of the Company.
No Right to Participate. Nothing in the Plan shall be deemed to create any obligation on the part of the Committee to select any executive officer or senior employee as a Participant for any Performance Period, or to confer upon any Participant in the Plan the right to remain a Participant in the Plan on the same terms or conditions, or at all, for any subsequent Performance Periods.
No Right to Participate. This act does not create a right to participation in a veterans treatment court.
No Right to Participate. 76 15.1(3) No Right to Act 76 Section 15.2 Governing Law 77 Section 15.3 Assignment 77 Section 15.4 Demands, Notices and Communications 77 Section 15.5 Severability of Provisions 77 Section 15.6 Recordation 78 Section 15.7 Authorized Officers and Signatures 78 FORMS OF ISSUE SUPPLEMENTS Exhibit A Fixed-Rate Single-Family Mortgage Loans. A-1 Exhibit B XXXXXX XXXXXX® Fixed-Rate Single-Family Mortgage Loans ......................B-1 Exhibit C XXXXXX XXXXXX® Fixed-Rate Single-Family Mortgage Loans (Interim Form) ...................................................................................................C-1 Exhibit D Adjustable-Rate Single-Family Mortgage Loans ............................................... D-1 Exhibit E XXXXXX XXXXXX® Adjustable-Rate Single-Family Mortgage Loans..............E-1 Exhibit F XXXXXX XXXXXX® Adjustable-Rate Single-Family Mortgage Loans (Interim Form) ................................................................................................... F-1 2009 SINGLE-FAMILY MASTER TRUST AGREEMENT THIS 2009 SINGLE-FAMILY MASTER TRUST AGREEMENT is executed by Federal National Mortgage Association (“Xxxxxx Xxx”), in its corporate capacities as Issuer, Master Servicer and Guarantor, and in its capacity as Trustee.
No Right to Participate. Except as otherwise set forth herein or in any written employment agreement between Mikasa and a Participant, no employee shall have any claim or right to participate in this Plan. The selection of an employee to be granted an Award pursuant to this Plan with respect to any Fiscal Year shall not give such employee any right to be granted an Award with respect to any subsequent Fiscal Year. Except as otherwise set forth herein, the administration of the Plan is intended to be entirely discretionary on the part of the Committee.
No Right to Participate. Notwithstanding anything in the foregoing to the contrary, no Borrower shall be entitled to assume responsibility for and control of any such judicial or administrative proceedings: (i) if the use of counsel chosen by such Borrower to represent such Indemnitee would present such counsel with a conflict of interest, (ii) if such Borrower shall not have employed counsel reasonably satisfactory to such Indemnitee to represent it within a reasonable time after notice of the institution of such action, (iii) if such Proceedings will involve any risk of criminal liability, (iv) if the interests of any Loan Party or any affiliate thereof or any director, member, co-op member, officer or employee of the foregoing are adverse to such Indemnitee or (v) if the actual or potential defendants in, or targets of, any such action include both such Borrower and such Indemnitee and such Indemnitee shall have reasonably concluded that there may be legal defenses available to it that are different from or additional to those available to such Borrower (in which case such Borrower shall not have the right to assume the defense of such action on behalf of such Indemnitee).
No Right to Participate. 85 15.1(3) No Right to Act 85 TABLE OF CONTENTS (continued) Section 15.2 Governing Law 85 Section 15.3 Assignment 85 Section 15.4 Demands, Notices and Communications 86 Section 15.5 Severability of Provisions 86 Section 15.6 Recordation 86 Section 15.7 Authorized Officers and Signatures 87 FORMS OF MULTIFAMILY ISSUE SUPPLEMENTS Exhibit A Fixed-Rate Mortgage Loans ......................................................................... A-1 Exhibit B Adjustable-Rate Mortgage Loans ..................................................................B-1 Exhibit C Discount Participation Interest.......................................................................C-1 2009 MULTIFAMILY MASTER TRUST AGREEMENT THIS 2009 MULTIFAMILY MASTER TRUST AGREEMENT is executed by Federal National Mortgage Association (“Xxxxxx Mae”), in its corporate capacities as Issuer, Master Servicer and Guarantor, and in its capacity as Trustee.
