Common use of Voting Under the REMIC Trust Agreement Clause in Contracts

Voting Under the REMIC Trust Agreement. In the event that there shall be any matter arising under the REMIC Trust Agreement that requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Underlying REMIC Certificates shall vote such Underlying REMIC Certificates in accordance with instructions received from Holders of Certificates of the related Class or Classes aggregating, as to any such Underlying REMIC Certificates, the right to receive not less than 51% of the distribution thereon on the following Distribution Date. 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 or Certificates outstanding thereunder.