Common use of Amendment Relating to Transfers to Disqualified Organizations Clause in Contracts

Amendment Relating to Transfers to Disqualified Organizations. Xxxxxx Mae and the Trustee may, without the consent of any Holders of the Certificates, upon notice to the Holder of the Class 42-R Certificate, notwithstanding any provisions of the Trust Agreement to the contrary, amend this Issue Supplement in such manner as Xxxxxx Xxx may direct; provided, however, that any such amendment shall be limited to such matters as, in the judgment of Xxxxxx Mae, based upon the written advice of its tax counsel, are reasonably necessary: (i) to ensure that the record ownership of, or any beneficial interest in, the Class 42-R Certificate is not transferred, directly or indirectly, to a Disqualified Organization; and (ii) to provide for a means to compel the transfer of the Class 42-R Certificate that is held by a Disqualified Organization to a Holder that is not a Disqualified Organization.

Amendment Relating to Transfers to Disqualified Organizations. Xxxxxx Mae Xxx and the Trustee may, without the consent of any Holders of the Certificates, upon notice to the Holder of the Class 4259-R Certificate, notwithstanding any provisions of the Trust Agreement to the contrary, amend this Issue Supplement in such manner as Xxxxxx Xxx Mae may direct; provided, however, that any such amendment shall be limited to such matters as, in the judgment of Xxxxxx MaeXxx, based upon the written advice of its tax counsel, are reasonably necessary: (i) to ensure that the record ownership of, or any beneficial interest in, the Class 4259-R Certificate is not transferred, directly or indirectly, to a Disqualified Organization; and (ii) to provide for a means to compel the transfer of the Class 4259-R Certificate that is held by a Disqualified Organization to a Holder that is not a Disqualified Organization.

Amendment Relating to Transfers to Disqualified Organizations. Xxxxxx Mae and the Trustee may, without the consent of any Holders of the Certificates, upon notice to the Holder of the Class 4258-R Certificate, notwithstanding any provisions of the Trust Agreement to the contrary, amend this Issue Supplement in such manner as Xxxxxx Xxx may direct; provided, however, that any such amendment shall be limited to such matters as, in the judgment of Xxxxxx Mae, based upon the written advice of its tax counsel, are reasonably necessary: (i) to ensure that the record ownership of, or any beneficial interest in, the Class 4258-R Certificate is not transferred, directly or indirectly, to a Disqualified Organization; and (ii) to provide for a means to compel the transfer of the Class 4258-R Certificate that is held by a Disqualified Organization to a Holder that is not a Disqualified Organization.

Amendment Relating to Transfers to Disqualified Organizations. Xxxxxx Mae Xxx and the Trustee may, without the consent of any Holders of the Certificates, upon notice to the Holder of the Class 4238-R Certificate, notwithstanding any provisions of the Trust Agreement to the contrary, amend this Issue Supplement in such manner as Xxxxxx Xxx Mae may direct; provided, however, that any such amendment shall be limited to such matters as, in the judgment of Xxxxxx MaeXxx, based upon the written advice of its tax counsel, are reasonably necessary: (i) to ensure that the record ownership of, or any beneficial interest in, the Class 4238-R Certificate is not transferred, directly or indirectly, to a Disqualified Organization; and (ii) to provide for a means to compel the transfer of the Class 4238-R Certificate that is held by a Disqualified Organization to a Holder that is not a Disqualified Organization.

Amendment Relating to Transfers to Disqualified Organizations. Xxxxxx Mae and the Trustee may, without the consent of any Holders of the Certificates, upon notice to the Holder of the Class 4271-R Certificate, notwithstanding any provisions of the Trust Agreement to the contrary, amend this Issue Supplement in such manner as Xxxxxx Xxx may direct; provided, however, that any such amendment shall be limited to such matters as, in the judgment of Xxxxxx Mae, based upon the written advice of its tax counsel, are reasonably necessary: (i) to ensure that the record ownership of, or any beneficial interest in, the Class 4271-R Certificate is not transferred, directly or indirectly, to a Disqualified Organization; and (ii) to provide for a means to compel the transfer of the Class 4271-R Certificate that is held by a Disqualified Organization to a Holder that is not a Disqualified Organization.