Common use of Issue Supplement and Trust Agreement Clause in Contracts

Issue Supplement and Trust Agreement. With respect to each Trust, the collective terms of the I-Trust Documents will govern the I-REMIC Interests related to such Trust and all matters related thereto, and will have no applicability to any other Trust or I-REMIC Interests. As applied to each Trust, the collective terms of the I-Trust Documents will constitute an agreement as if the collective terms of those instruments were set forth in a single instrument. In the event of a conflict between the terms of this Trust Agreement and the terms of an Issue Supplement for a Trust, the terms of the Issue Supplement will control with respect to that Trust. An Issue Supplement is not considered an Amendment requiring approval pursuant to Article XII.

Appears in 2 contracts

Samples: Master Trust Agreement, Master Trust Agreement

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Issue Supplement and Trust Agreement. With respect to each Trust, the collective terms of the IQ-Trust Documents will govern the IQ-REMIC Interests related to such Trust and all matters related thereto, and will have no applicability to any other Trust or IQ-REMIC Interests. As applied to each Trust, the collective terms of the IQ-Trust Documents will constitute an agreement as if the collective terms of those instruments were set forth in a single instrument. In the event of a conflict between the terms of this Trust Agreement and the terms of an Issue Supplement for a Trust, the terms of the Issue Supplement will control with respect to that Trust. An Issue Supplement is not considered an Amendment requiring approval pursuant to Article XII.

Appears in 2 contracts

Samples: Master Trust Agreement, Master Trust Agreement

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