Interests Held or Acquired by Xxxxxxx Mac. PCs held or acquired by Xxxxxxx Mac from time to time and PCs held by other Holders shall have equal and proportionate benefits, without preference, priority or distinction. In the event that Xxxxxxx Mac retains any interest in a Mortgage, the remaining interest in which is part of a PC Pool, Xxxxxxx Mac's interest in such Mortgage will rank equally with that of Holders of the related PCs, without preference, priority or distinction. No Holder will have any priority over any other Holder.
Appears in 2 contracts
Samples: Mortgage Participation Certificates Agreement, Mortgage Participation Certificates Agreement
Interests Held or Acquired by Xxxxxxx Mac. PCs held or acquired by Xxxxxxx Mac from time to time and PCs held by other Holders shall have equal and proportionate benefitsbeneÑts, without preference, priority or distinction. In the event that Xxxxxxx Mac retains any interest in a Mortgage, the remaining interest in which is part of a PC Pool, Xxxxxxx Mac's interest in such Mortgage will rank equally with that of Holders of the related PCs, without preference, priority or distinction. No Holder will have any priority over any other Holder.
Appears in 2 contracts
Samples: Multifamily Mortgage Participation Certificates Agreement, Mortgage Participation Certificates Agreement