Common use of Acts of Parties Clause in Contracts

Acts of Parties. In exercising any right under the Trust Documents, neither the Issuer nor the Guarantor will be acting in a fiduciary capacity. Any failure by the Issuer, Guarantor or Trustee to exercise any right under the Trust Documents in any instance will not be deemed a waiver of such right in any other instance.

Appears in 15 contracts

Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Single Family Mega/Supers Master Trust Agreement

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Acts of Parties. In exercising any right under the Trust Documents, neither none of the Issuer nor the Issuer, Master Servicer or Guarantor will be acting in a fiduciary capacity. Any failure by the Issuer, Master Servicer, Guarantor or Trustee to exercise any right under the Trust Documents in any instance will not be deemed a waiver of such right in any other instance.

Appears in 9 contracts

Samples: Master Trust Agreement, Second Amended and Restated 2016 Single Family Master Trust Agreement, Single Family Master Trust Agreement

Acts of Parties. In exercising any right under the Trust Documents, neither none of the Issuer nor the Issuer, Master Servicer or Guarantor will be acting in a fiduciary capacity. Any failure by the Issuer, Master Servicer, Guarantor or Trustee to exercise any right under the Trust Documents in any instance will not be deemed a waiver of such right in any other instance.instance.β€Œ

Appears in 6 contracts

Samples: Amended and Restated 2021 Multifamily Master Trust Agreement, Multifamily Master Trust Agreement, 2021 Multifamily Master Trust Agreement

Acts of Parties. In exercising any right under the Trust Documents, neither the Issuer nor the Guarantor will be acting in a fiduciary capacity. Any failure by the Issuer, the Guarantor or the Trustee to exercise any right under the Trust Documents in any instance will not be deemed a waiver of such right in any other instance.

Appears in 1 contract

Samples: Trust Agreement

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Acts of Parties. In exercising any right under the Trust DocumentsAgreement, neither the Issuer nor the Guarantor will be acting in a fiduciary capacity. Any failure by the Issuer, Guarantor or Trustee to exercise any right under the Trust Documents Agreement in any instance will not be deemed a waiver of such right in any other instance.

Appears in 1 contract

Samples: Trust Agreement

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