No Right to Participate. No Holder will have any right to control or to participate in the control and administration of any Trust or the related Trust Fund, nor will any of the terms of the Trust Documents be construed to constitute the Holders and Xxxxxx Xxx (in any capacity) as partners or members of an association, nor will any Holder have any duty or liability to any third person by reason of any action taken by the parties to the Trust Documents or pursuant to the provisions of the Trust Documents.
Appears in 8 contracts
Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement
No Right to Participate. No Holder will have any right to control or to participate in the control and administration of any Trust or the related Trust Fund, nor will any of the terms of the Trust Documents be construed to constitute the Holders and Xxxxxx Xxx Mae (in any capacity) as partners or members of an association, nor will any Holder have any duty or liability to any third person by reason of any action taken by the parties to the Trust Documents or pursuant to the provisions of the Trust Documents.
Appears in 7 contracts
Samples: Federal National Mortgage Association, SMBS Master Trust Agreement, Supers Master Trust Agreement
No Right to Participate. No Holder will have any right to control or to participate in the control and administration of any Trust or the related Trust Fund, nor will any of the terms of the Trust Documents be construed to constitute the Holders and Xxxxxx Xxx (in any capacity) as partners or members of an association, nor will any Holder have any duty or liability to any third person by reason of any action taken by the parties to the Trust Documents or pursuant to the provisions of the Trust DocumentsDocuments or Servicing Contracts.
Appears in 6 contracts
Samples: Federal National Mortgage Association, Family Master Trust Agreement, Master Trust Agreement
No Right to Participate. No Holder will have any right to control or to participate in the control and administration of any Trust or the related Trust Fund, nor will any of the terms of the Trust Documents be construed to constitute the Holders and Xxxxxx Xxx Mae (in any capacity) as partners or members of an association, nor will any Holder have any duty or liability to any third person by reason of any action taken by the parties to the Trust Documents or pursuant to the provisions of the Trust DocumentsDocuments or Servicing Contracts.
Appears in 4 contracts
Samples: Master Trust Agreement, Federal National Mortgage Association, Federal National Mortgage Association
No Right to Participate. No Holder will have any right to control or to participate in the control and administration of any Trust or the related Trust Fund, nor will any of the terms of the Trust Documents be construed to constitute the Holders and Xxxxxx Xxx Mae (in any capacity) as partners or members of an association, nor will any Holder have any duty or liability to any third person by reason of any action taken by the parties to the Trust Documents or pursuant to the provisions of the Trust Documents.Documents or Servicing Contracts.
Appears in 2 contracts
Samples: Multifamily Master Trust Agreement, Trust Agreement
No Right to Participate. No Holder will have any right to control or to participate in the control and administration of any the Trust or the related Trust Fund, nor will any of the terms of the Trust Documents Agreement be construed to constitute the Holders and Xxxxxx Xxx (in any capacity) as partners or members of an association, nor will any Holder have any duty or liability to any third person by reason of any action taken by the parties to the Trust Documents Agreement or pursuant to the provisions of the Trust DocumentsAgreement.
Appears in 1 contract
Samples: Trust Agreement
No Right to Participate. No Holder will have any right to control or to participate in the control and administration of any Trust or the related Trust Fund, nor will any of the terms of the Trust Documents be construed to constitute the Holders and Xxxxxx Xxx (in any capacity) as partners or members of an association, nor will any Holder have any any duty or liability to any third person by reason of any action taken by the parties to the Trust Documents or pursuant to the provisions of the Trust DocumentsDocuments or Servicing Contracts.
Appears in 1 contract
Samples: Multifamily Master Trust Agreement
No Right to Participate. No Holder will have any right to control or to participate in the control and administration of any Trust or the related Trust Fund, nor will any of the terms of the Trust Documents be construed to constitute the Holders and Xxxxxx Xxx (in any capacity) as partners or members of an association, nor will any Holder have any duty or liability to any third person by reason of any action taken by the parties to the Trust Documents or pursuant to the provisions of the Trust Documents.Documents or Servicing Contracts.
Appears in 1 contract
Samples: Multifamily Master Trust Agreement
No Right to Participate. No Holder will have any right to control or to participate in the control and administration of any the Trust or the related Trust Fund, nor will any of the terms of the Trust Documents be construed to constitute the Holders and Xxxxxx Xxx Mae (in any capacity) as partners or members of an association, nor will any Holder have any duty or liability to any third person by reason of any action taken by the parties to the Trust Documents or pursuant to the provisions of the Trust Documents.
Appears in 1 contract
Samples: Trust Agreement
