Common use of Permissive Reallocations; Sources of Unallocated CRA Credits Clause in Contracts

Permissive Reallocations; Sources of Unallocated CRA Credits. The Trust, in its sole discretion, may allow a CRA Preferred Shareholder to reallocate its CRA Credits to unallocated CRA Credits of the Trust available from the sources set forth below, subject to the allocation priorities set forth in Section 5.d. The sources of unallocated CRA Credits shall be as follows:

Appears in 3 contracts

Samples: Trust Agreement (Chartermac), Trust Agreement (Charter Municipal Mortgage Acceptance Co), Trust Agreement (Charter Municipal Mortgage Acceptance Co)

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Permissive Reallocations; Sources of Unallocated CRA Credits. The Trust, in its sole discretion, may allow a Series A Convertible CRA Preferred Shareholder to reallocate its CRA Credits to unallocated CRA Credits of the Trust available from the sources set forth below, subject to the allocation priorities set forth in Section 5.d. The sources of unallocated CRA Credits shall be as follows:

Appears in 1 contract

Samples: Trust Agreement (Charter Municipal Mortgage Acceptance Co)

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