Common use of Xxxxxx Xxx as Certificateholder Clause in Contracts

Xxxxxx Xxx as Certificateholder. Xxxxxx Mae shall have the right to purchase and hold for its own account any Certificate, notwithstanding the rights and duties conferred and imposed upon Xxxxxx Xxx by this Trust Agreement. In determining whether the Holders of the requisite amount of Certificates have given any request, demand, authorization, direction, notice, consent or waiver hereunder, any Certificate held by Xxxxxx Mae in its corporate capacity shall be disregarded and deemed not to be outstanding (unless all Certificates shall be so held by Xxxxxx Xxx).

Appears in 102 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Xxxxxx Xxx as Certificateholder. Xxxxxx Mae shall have the right to purchase and hold for its own account any Certificate, notwithstanding the rights and duties conferred and imposed upon Xxxxxx Xxx by this Trust Agreement. In determining whether the Holders of the requisite amount of Certificates have given any request, demand, authorization, direction, notice, consent or waiver hereunder, any Certificate held by Xxxxxx Mae in its corporate capacity shall be disregarded and deemed not to be outstanding (unless all of the Certificates shall be so held by Xxxxxx Xxx).

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Xxxxxx Xxx as Certificateholder. Xxxxxx Mae shall have the right to purchase and hold for its own account any Certificate, notwithstanding the rights and duties conferred and imposed upon Xxxxxx Xxx by this Trust Agreement. In determining whether the Holders of the requisite amount of Certificates have given any request, demand, authorization, direction, notice, consent or waiver hereunder, any Certificate held by Xxxxxx Fannie Mae in its corporate capacity shall be disregarded and deemed not to be outstanding (unless all Certificates shall be so held by Xxxxxx XxxFannie Mae).

Appears in 1 contract

Samples: Trust Agreement

Xxxxxx Xxx as Certificateholder. Xxxxxx Mae shall have the right to purchase and hold for its own account any Certificate, notwithstanding the rights and duties conferred and imposed upon Xxxxxx Xxx by this Trust Agreement. In determining whether the Holders of the requisite amount of Certificates have given any request, demand, authorization, direction, notice, consent or waiver hereunder, any Certificate held by Xxxxxx Mae in its corporate capacity shall be disregarded and deemed not to be outstanding (unless all Certificates shall be so held by Xxxxxx XxxMae).

Appears in 1 contract

Samples: Trust Agreement

Xxxxxx Xxx as Certificateholder. Xxxxxx Mae shall have the right to purchase and hold for its own account any CertificateCertificate issued pursuant to the terms of this Trust Agreement and any RCR Supplement, notwithstanding the rights and duties conferred and imposed upon Xxxxxx Xxx by this Trust AgreementAgreement and any such RCR Supplement. In determining whether the Holders of the requisite amount of Certificates have given any request, demand, authorization, direction, notice, consent or waiver hereunder, any Certificate held by Xxxxxx Mae in its corporate capacity shall be disregarded and deemed not to be outstanding (unless all Certificates shall be so held by Xxxxxx Xxx).

Appears in 1 contract

Samples: Trust Agreement

Xxxxxx Xxx as Certificateholder. Xxxxxx Mae shall have the right to purchase and hold for its own account any Certificate, notwithstanding the rights and duties conferred and imposed upon on Xxxxxx Xxx by this Trust Agreement. In determining whether the Holders of the requisite amount of Certificates have given any request, demand, authorization, direction, notice, consent or waiver hereunder, any Certificate held by Xxxxxx Mae in its corporate capacity shall be disregarded and deemed not to be outstanding (unless all Certificates shall be so held by Xxxxxx Xxx).

Appears in 1 contract

Samples: Trust Agreement

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Xxxxxx Xxx as Certificateholder. Xxxxxx Mae shall have the right to purchase and hold for its own account any Certificate, notwithstanding the rights and duties conferred and imposed upon Xxxxxx Xxx by this Trust Agreement. In determining whether the Holders of the requisite amount of Certificates (or Certificates of a Particular Class, if applicable) have given any request, demand, authorization, direction, notice, consent or waiver hereunder, any Certificate held by Xxxxxx Mae in its corporate capacity shall be disregarded and deemed not to be outstanding (unless all Certificates (or Certificates in such Class) shall be so held by Xxxxxx Xxx).

Appears in 1 contract

Samples: Trust Agreement

Xxxxxx Xxx as Certificateholder. Xxxxxx Mae shall have the right to purchase and hold for its own account any CertificateCertificate of any Class, notwithstanding the rights and duties conferred and imposed upon Xxxxxx Xxx by this Trust Agreement. In determining whether the Holders of the requisite amount of Certificates of any Class have given any request, demand, authorization, direction, notice, consent or waiver hereunder, any Certificate held by Xxxxxx Mae in its corporate capacity shall be disregarded and deemed not to be outstanding (unless all of the Certificates shall be so held by Xxxxxx Xxx).

Appears in 1 contract

Samples: Trust Agreement

Xxxxxx Xxx as Certificateholder. Xxxxxx Mae shall have the right to purchase and hold for its own account any CertificateCertificate issued pursuant to the terms of this Trust Agreement, notwithstanding the rights and duties conferred and imposed upon Xxxxxx Xxx by and this Trust Agreement. In determining whether the Holders of the requisite amount of Certificates have given any request, demand, authorization, direction, notice, consent or waiver hereunder, any Certificate held by Xxxxxx Mae in its corporate capacity shall be disregarded and deemed not to be outstanding (unless all Certificates shall be so held by Xxxxxx Xxx).

Appears in 1 contract

Samples: Trust Agreement

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