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 58-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 58-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 58-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 5838-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 5838-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 5838-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 5859-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 5859-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 5859-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 5842-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 5842-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 5842-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 5871-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 5871-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 5871-R Certificate that is held by a Disqualified Organization to a Holder that is not a Disqualified Organization.