Common use of Issue Supplement Clause in Contracts

Issue Supplement. An Issue Supplement documents the establishment of a particular Trust and relates to an Issue representing the entire beneficial ownership interest in the related Trust Fund. The Issuer will prepare and maintain for each such Issue a Schedule of Trust Assets, in substantially the forms attached to Exhibits A and B hereto and which may be in an electronic format, and if in electronic format will be deemed attached to the Issue Supplement. If for any reason the creation of an Issue Supplement is delayed, the Issuer will create one as soon as practicable, and such delay will not affect the validity or existence of the Trust or the related Certificates. Any one or more physical or electronic documents or records (signed or unsigned) made in the ordinary course that conclusively identify the related Trust Assets as being part of the Trust Fund will be deemed to be an Issue Supplement for purposes of documenting the establishment of the related Trust. Any schedule attached to the Issue Supplement will be deemed part of the Issue Supplement.

Appears in 5 contracts

Samples: Federal National Mortgage Association, Supers Master Trust Agreement, Federal National Mortgage Association

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Issue Supplement. An Issue Supplement documents the establishment of a particular Trust and relates to an Issue a Series of Certificates representing the entire beneficial ownership interest in the related Trust Fund. The Issuer will prepare and maintain for each such Issue Series a Schedule of Trust Assets, in substantially the forms attached to Exhibits A and B hereto and which may be in an electronic format, and if in electronic format will be deemed attached to the Issue Supplement. If for any reason the creation of an Issue Supplement is delayed, the Issuer will create one as soon as practicable, and such delay will not affect the validity or existence of the Trust or the related Certificates. Any one or more physical or electronic documents or records (signed or unsigned) made in the ordinary course that conclusively identify the related Trust Assets as being part of the Trust Fund will be deemed to be an Issue Supplement for purposes of documenting the establishment of the related Trust. Any schedule attached to the Issue Supplement will be deemed part of the Issue Supplement.

Appears in 2 contracts

Samples: SMBS Master Trust Agreement, SMBS Master Trust Agreement

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Issue Supplement. An Issue Supplement documents the establishment of a particular Trust and relates to an Issue representing the entire beneficial ownership interest in the related Trust Fund. The Issuer will prepare and maintain for each such Issue a Schedule of Trust Assets, in substantially the forms included within the attached to Exhibits A and B hereto and which may be in an electronic format, and if in electronic format will be deemed attached to the Issue Supplement. If for any reason the creation of an Issue Supplement is delayed, the Issuer will create one as soon as practicable, and such delay will not affect the validity or existence of the Trust or the related Certificates. Any one or more physical or electronic documents or records (signed or unsigned) made in the ordinary course that conclusively identify the related Trust Assets as being part of the Trust Fund will be deemed to be an Issue Supplement for purposes of documenting the establishment of the related Trust. Any schedule attached to the Issue Supplement will be deemed part of the Issue Supplement.

Appears in 1 contract

Samples: Federal National Mortgage Association

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