Voting Under any Underlying Trust Agreement Sample Clauses

Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under any Underlying Trust Agreement which requires or permits the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Underlying REMIC Certificate shall vote such Underlying REMIC Certificate in accordance with instructions received from Holders of the related Classes having Certificate Balances aggregating not less than 51% of the aggregate of the Certificate Balances of such Classes. In the absence of any such instructions, the Trustee shall vote in a manner consistent, in the sole judgment of the Trustee, with the best interests of Holders of the related Certificates outstanding hereunder. The manner of soliciting such instructions shall be subject to such reasonable regulations as the Trustee may prescribe.
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Voting Under any Underlying Trust Agreement. In the event that there will be any matter arising under any Underlying Trust Agreement that requires or permits the vote of holders of certificates outstanding thereunder, the Trustee, as the holder of the related Pooled Securities, will not vote such Pooled Securities except upon direction to do so (which direction must not be inconsistent) from Holders representing at least 51% of the Voting Rights of the related Issue. Following its receipt of such direction, the Trustee will vote such Pooled Securities in its entirety in accordance with such direction. The manner of soliciting such instructions will be subject to such reasonable regulations as the Trustee may prescribe.
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Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under an Underlying Trust Agreement which requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Xxxxxx Xxx Security shall vote such Xxxxxx Mae Security in accordance with instructions received from Holders of the Classes of Trust Fund Certificates relating to such Xxxxxx Xxx Security and having Certificate Principal Balances and Notional Principal Balances aggregating not less than 51% of the sum of the Certificate Principal Balances and the Notional Principal Balances of the related Classes of Certificates. In the absence of any such instructions, the Trustee shall vote in a manner consistent, in the sole judgment of the Trustee, with the best interests of Holders of Certificates outstanding hereunder. The manner of soliciting such instructions shall be subject to such reasonable regulations as the Trustee may prescribe.
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Voting Under any Underlying Trust Agreement. In the event that any matter arises under any Underlying Trust Agreement that requires or permits the vote of holders of certificates outstanding thereunder, the Trustee, as the holder of the related Mortgage-Backed Security, will not vote such Mortgage-Backed Security except upon direction to do so (which direction must not be inconsistent) from Holders of the affected Classes representing at least 51% of the Voting Rights of such Classes. Following its receipt of such direction, the Trustee will vote such Mortgage-Backed Security in its entirety in accordance with such direction. The manner of soliciting such instructions will be subject to such reasonable regulations as the Trustee may prescribe.
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Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under any Underlying Trust Agreement which requires or permits the vote of holders of certificates outstanding thereunder, the Trustee, as the holder of the related Underlying REMIC Certificate, shall not vote such Underlying REMIC Certificate except upon direction to do so from Holders of the related Classes having Certificate Balances aggregating not less than 51% of the aggregate of the Certificate Balances of such Classes. The manner of soliciting such instructions shall be subject to such reasonable regulations as the Trustee may prescribe.
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Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under an Underlying Trust Agreement that requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Underlying Security shall vote such Underlying Security in accordance with instructions received from Holders of Certificates aggregating not less than 51% of the Percentage Interests. In the absence of any such instructions, the Trustee shall vote in a manner consistent, in the sole judgment of the Trustee, with the best interests of Holders of Certificates outstanding hereunder.
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Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under any Underlying Trust Agreement which requires or permits the vote of holders of certificates outstanding thereunder, the Trustee, as the holder of the related Underlying RCR Certificate shall not vote such Underlying RCR Certificate except upon direction to do so from Holders of the related Classes having Certificate Balances aggregating not less than 51% of the aggregate of the Certificate Balances of such Classes. The manner of soliciting such instructions shall be subject to such reasonable regulations as the Trustee may prescribe.
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Related to Voting Under any Underlying Trust Agreement

  • Investment Management Trust Agreement The Company has entered into the Trust Agreement with respect to certain proceeds of the Offering and the Private Placement substantially in the form filed as an exhibit to the Registration Statement.

  • Trust Agreement The Trust Agreement has been duly authorized, executed and delivered by the Company, and is a valid and binding agreement of the Company, enforceable against the Company, in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

  • The Trust Agreement The Trust Agreement has been duly authorized, executed and delivered by the Company and constitutes a valid and legally binding obligation of the Company enforceable against the Company in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability.

  • OWNERSHIP CERTIFICATES AND DISCLOSURE OF THE FUND'S INTEREST The Custodian is hereby authorized to execute on behalf of the Fund ownership certificates, affidavits or other disclosure required under Applicable Law or established market practice in connection with the receipt of income, capital gains or other payments by the Fund with respect to Investments, or in connection with the sale, purchase or ownership of Investments. With respect to securities issued in the United States of America, the Custodian [ ] may [ ] may not release the identity of the Fund to an issuer which requests such information pursuant to the Shareholder Communications Act of 1985 for the specific purpose of direct communications between such issuer and the Fund. IF NO BOX IS CHECKED, THE CUSTODIAN SHALL RELEASE SUCH INFORMATION UNTIL IT RECEIVES CONTRARY INSTRUCTIONS FROM THE FUND. With respect to securities issued outside of the United States of America, information shall be released in accordance with law or custom of the particular country in which such security is located.

  • Successor Owner Trustees and Additional Owner Trustees 20 SECTION 9.1. Eligibility Requirements for Owner Trustee.............20 SECTION 9.2. Resignation or Removal of Owner Trustee................20 SECTION 9.3. Successor Owner Trustee................................21 SECTION 9.4. Merger or Consolidation of Owner Trustee...............21 SECTION 9.5. Appointment of Co-Trustee or Separate Trustee..........22 ARTICLE X. MISCELLANEOUS...................................................23

  • Shareholder Servicing All expenses of maintaining and servicing shareholder accounts, including but not limited to the charges of any shareholder servicing agent, dividend disbursing agent, transfer agent or other agent engaged by the Trust to service shareholder accounts.

  • Voting Trusts, etc To join with other holders of any securities or debt instruments in acting through a committee, depository, voting trustee or otherwise, and in that connection to deposit any security or debt instrument with, or transfer any security or debt instrument to, any such committee, depository or trustee, and to delegate to them such power and authority with relation to any security or debt instrument (whether or not so deposited or transferred) as the Trustees shall deem proper, and to agree to pay, and to pay, such portion of the expenses and compensation of such committee, depository or trustee as the Trustees shall deem proper;

  • Termination of Trust Agreement Section 9.01.

  • Successor Owner Trustee Any successor Owner Trustee appointed pursuant to Section 10.02 shall execute, acknowledge and deliver to the Administrator and to its predecessor Owner Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Owner Trustee shall become effective, and such successor Owner Trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor under this Agreement, with like effect as if originally named as Owner Trustee. The predecessor Owner Trustee shall upon payment of its fees and expenses deliver to the successor Owner Trustee all documents and statements and monies held by it under this Agreement, and the Administrator and the predecessor Owner Trustee shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Owner Trustee all such rights, powers, duties and obligations. No successor Owner Trustee shall accept appointment as provided in this Section unless at the time of such acceptance such successor Owner Trustee shall be eligible pursuant to Section 10.01. Upon written acceptance of appointment by a successor Owner Trustee pursuant to this Section, the Administrator shall mail notice thereof to all Certificateholders, the Indenture Trustee, the Noteholders and the Rating Agencies. If the Administrator shall fail to mail such notice within 10 Business Days after acceptance of such appointment by the successor Owner Trustee, the successor Owner Trustee shall cause such notice to be mailed at the expense of the Administrator. Any successor Owner Trustee appointed hereunder shall promptly file an amendment to the Certificate of Trust with the Secretary of State of the State of Delaware as required by the Statutory Trust Act.

  • Controlling Agreement To the extent the terms of this Agreement (as amended, supplemented, restated or otherwise modified from time to time) directly conflicts with a provision in the Merger Agreement, the terms of this Agreement shall control.

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