Common use of Permissible Without Action by Certificateholders Clause in Contracts

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not adversely affect the interest of any Certificateholders.

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not materially or adversely affect the interest of any Certificateholders; 7.01 shall not have any of the effects described in clause (a) or (b) of Section 7.02.

Permissible Without Action by Certificateholders. Xxxxxx XxxMae, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae Xxx herein; (b) to evidence the succession pursuant to Article V of another successor or successors to Xxxxxx Xxx Mae and the assumption by such successor or successors of the obligations of Xxxxxx Mae Xxx hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx Mae in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Xxxxxx Mae Xxx may deem xxxx necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not adversely affect the interest of any Certificateholders.

Permissible Without Action by Certificateholders. Xxxxxx XxxFannie Mae, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Fannie Mae herein; (b) to evidence the succession pursuant to Article V of another successor or successors to Xxxxxx Xxx Fannie Mae and the assumption by such successor or successors of the obligations of Xxxxxx Fannie Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx Fannie Mae in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Xxxxxx Fannie Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not adversely affect the interest of any Certificateholders.

Permissible Without Action by Certificateholders. Xxxxxx XxxMae, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae Xxx herein; (b) to evidence the succession pursuant to Article V of another successor or successors to Xxxxxx Xxx Mae and the assumption by such successor or successors of the obligations of Xxxxxx Mae Xxx hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx Mae in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Xxxxxx Mae Xxx may deem xxxx necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not materially or adversely affect the interest of any Certificateholders; 7.01 shall not have any of the effects described in clause (a) or (b) of Section 7.02.

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V VII of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity;; or (d) to make provisions for the purpose of curing take such action to cure any ambiguity or correcting correct or add to any provision in this Trust Agreement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that in the case of an addition to any provision herein, such supplemental provisions do action shall not adversely affect have a materially adverse effect on the interest of any Certificateholders.

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto hereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V VIII of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity;; or (d) to make provisions for the purpose of curing take such action to cure any ambiguity or correcting correct or add to any provision in this Trust Agreement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that in the case of an addition to any provision herein, such supplemental provisions do action shall not (i) have a materially adverse effect on the Certificateholders or (ii) adversely affect the interest status of any Certificateholdersthe Trust as a grantor trust under the Code.

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental Circular hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V VII of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity;; or (d) to make provisions for the purpose of curing take such action to cure any ambiguity or correcting correct or add to any provision in this Trust Agreement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that in the case of an addition to any provision herein, such supplemental provisions do action (i) shall not have a materially adverse effect on the Certificateholders or (ii) adversely affect the interest status of any Certificateholdersthe Trust as a grantor trust under the Code.

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not materially or adversely affect the interest of any Certificateholders.;

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V VII of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity;; or (d) to make provisions for the purpose of curing take such action to cure any ambiguity or correcting correct or add to any provision in this Trust Agreement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that in the case of an addition to any provision herein, such supplemental provisions do action (i) shall not have a material or adverse effect on the Certificateholders or (ii) adversely affect the interest status of any Certificateholdersthe Trust as a grantor trust under the Code.

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V VI of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity;; or (d) to make provisions for the purpose of curing take such action to cure any ambiguity or correcting correct or supplement any provision in this Trust Agreement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not adversely affect the interest of any Certificateholders.

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Fannie Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx Fannie Mae in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Xxxxxx Fannie Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not adversely affect the interest of any Certificateholders.

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V VIII of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity;; or (d) to make provisions for the purpose of curing take such action to cure any ambiguity or correcting correct or add to any provision in this Trust Agreement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that in the case of an addition to any provision herein, such supplemental provisions do action shall not have a materially adverse effect on the Certificateholders or (ii) adversely affect the interest status of any Certificateholdersthe Trust as a grantor trust under the Code.

Permissible Without Action by Certificateholders. Xxxxxx XxxMae, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto hereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae Xxx herein; (b) to evidence the succession pursuant to Article V VIII of another successor or successors to Xxxxxx Xxx Mae and the assumption by such successor or successors of the obligations of Xxxxxx Mae Xxx hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx Mae in its corporate capacity;; or (d) to make provisions for the purpose of curing take such action to cure any ambiguity or correcting correct or add to any provision in this Trust Agreement as Xxxxxx Mae Xxx may deem xxxx necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that in the case of an addition to any provision herein, such supplemental provisions do action shall not (i) have a materially adverse effect on the Certificateholders or (ii) adversely affect the interest status of any Certificateholdersthe Trust as a grantor trust under the Code.

Permissible Without Action by Certificateholders. Xxxxxx XxxXxx and the Trustee, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V VII of another successor Person or successors Persons to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity;; or (d) to make provisions for the purpose of curing take such action to cure any ambiguity or correcting correct or add to any provision in this Trust Agreement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that any such supplemental provisions do provision shall not adversely affect the interest of the Holder of any CertificateholdersCertificate.

Permissible Without Action by Certificateholders. Xxxxxx XxxMae, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae Xxx herein; (b) to evidence the succession pursuant to Article V VII of another successor or successors to Xxxxxx Xxx Mae and the assumption by such successor or successors of the obligations of Xxxxxx Mae Xxx hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon on Xxxxxx Xxx Mae in its corporate capacity;; or (d) to make provisions for the purpose of curing take such action to cure any ambiguity or correcting correct or add to any provision in this Trust Agreement as Xxxxxx Mae Xxx may deem xxxx necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do action shall not adversely affect have a materially adverse effect on the interest of any Certificateholders.

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V VI of another successor or successors to Xxxxxx Xxx and the assumption by such successor or successors of the obligations of Xxxxxx Mae hereunder and under the related RCR Supplement in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement or in any RCR Supplement as Xxxxxx Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust AgreementAgreement or in any RCR Supplement, provided that such supplemental provisions do not materially or adversely affect the interest of any Certificateholders; 8.01 shall not have any of the effects described in clause (a) or (b) of Section 8.02.

Permissible Without Action by Certificateholders. Xxxxxx Xxx, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae herein; (b) to evidence the succession pursuant to Article V of another successor or successors to Xxxxxx Xxx Fannie Mae and the assumption by such successor or successors of the obligations of Xxxxxx Fannie Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx Fannie Mae in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Xxxxxx Fannie Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not adversely affect the interest of any Certificateholders.

Permissible Without Action by Certificateholders. Xxxxxx XxxMae, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Xxxxxx Mae Xxx herein; (b) to evidence the succession pursuant to Article V of another successor or successors to Xxxxxx Xxx Mae and the assumption by such successor or successors of the obligations of Xxxxxx Mae Xxx hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Xxxxxx Xxx Mae in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Xxxxxx Mae Xxx may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not adversely affect the interest of any Certificateholders.