Common use of Modification of Redemption Procedures Clause in Contracts

Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from Moody's (if Moody's is then xxxxxx the Xxxxxxxed Shares) and Fitch (if Fitch is then rating the Preferred Shares) that such modification would not impair the ratings assigned by Moody's and Fitch to the Prxxxxxxx Shares.

Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from Moody's (if Moody's is then xxxxxx rating the Xxxxxxxed Preferred Shares) and Fitch (if Fitch xx Xxxch is then rating xxxx xating the Preferred Shares) that such modification would not impair the ratings assigned by Moody's and Fitch to the Prxxxxxxx Preferred Shares.

Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from Moody's (if Moody's is then xxxxxx the Xxxxxxxed Shares) and Fitch (if Fitch is then rating the Preferred Shares) that such modification would not impair the ratings assigned by Moody's and Fitch to the Prxxxxxxx Preferred Shares.

Modification of Redemption Procedures. Notwithstanding any of the foregoing provisions of this Section 11, the Trust may modify any or all of the requirements relating to the Notice of Redemption provided that (i) any such modification does not materially and adversely affect any holder of Preferred Shares, and (ii) the Trust receives notice from Moody's (if Moody's is then xxxxxx the Xxxxxxxed Pxxxxxxxd Shares) and Fitch (if Fitch is then rating the Preferred Shares) that such modification would not impair the ratings assigned by Moody's and Fitch to the Prxxxxxxx Preferred Shares.