Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under an Underlying Trust Agreement which requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Xxxxxx Xxx Security shall vote such Xxxxxx Mae Security in accordance with instructions received from Holders of the Classes of Trust Fund Certificates relating to such Xxxxxx Xxx Security and having Certificate Principal Balances and Notional Principal Balances aggregating not less than 51% of the sum of the Certificate Principal Balances and the Notional Principal Balances of the related Classes of Certificates. In the absence of any such instructions, the Trustee shall vote in a manner consistent, in the sole judgment of the Trustee, with the best interests of Holders of Certificates outstanding hereunder. The manner of soliciting such instructions shall be subject to such reasonable regulations as the Trustee may prescribe.
Appears in 4 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement
Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under an Underlying Trust Agreement which requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Xxxxxx Xxx Mortgage Security shall vote such Xxxxxx Mae Mortgage Security in accordance with instructions received from Holders of the Classes of Trust Fund Certificates relating to such Xxxxxx Xxx Mortgage Security and having Certificate Principal Balances and Notional Principal Balances aggregating not less than 51% of the sum of the Certificate Principal Balances and the Notional Principal Balances of the related Classes of Certificates. In the absence of any such instructions, the Trustee shall vote in a manner consistent, in the sole judgment of the Trustee, with the best interests of Holders of Certificates outstanding hereunder. The manner of soliciting such instructions shall be subject to such reasonable regulations as the Trustee may prescribe.
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement
Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under an Underlying Trust Agreement which requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Xxxxxx Xxx Mortgage Security shall vote such Xxxxxx Mae Mortgage Security in accordance with instructions received from Holders of the Classes of Trust Fund Certificates relating to such Xxxxxx Xxx Mortgage Security and having Certificate Principal Balances and or Notional Principal Balances Balances, as applicable, aggregating not less than 51% of the sum of the Certificate Principal Balances and the or Notional Principal Balances of the related Classes of Certificates. In the absence of any such instructions, the Trustee shall vote in a manner consistent, in the sole judgment of the Trustee, with the best interests of Holders of Certificates outstanding hereunder. The manner of soliciting such instructions shall be subject to such reasonable regulations as the Trustee may prescribe.
Appears in 1 contract
Samples: Trust Agreement
Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under an Underlying Trust Agreement which requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Xxxxxx Xxx Security shall vote such Xxxxxx Mae Security in accordance with instructions received from Holders of the Classes of Trust Fund Certificates relating to such Xxxxxx Xxx Security and having Certificate Principal Balances and Notional Principal Balances aggregating not less than 51% of the sum of the Certificate Principal Balances and the Notional Principal Balances of the related Classes of Certificates. In the absence of any such instructions, the Trustee shall vote in a manner consistent, in the sole judgment of the Trustee, with the best interests of Holders of Certificates outstanding hereunder. The manner of soliciting such instructions shall be subject to such reasonable regulations as the Trustee may prescribe.
Appears in 1 contract
Samples: Trust Agreement
Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under an Underlying Trust Agreement which requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Xxxxxx Xxx Security Underlying REMIC Certificate shall vote such Xxxxxx Mae Security Underlying REMIC Certificate in accordance with instructions received from Holders of the Classes of Trust Fund Certificates relating to such Xxxxxx Xxx Security Underlying REMIC Certificate and having Certificate Principal Balances and Notional Principal Balances aggregating not less than 51% of the sum of the Certificate Principal Balances and the Notional Principal Balances of the related Classes of Certificates. In the absence of any such instructions, the Trustee shall vote in a manner consistent, in the sole judgment of the Trustee, with the best interests of Holders of Certificates outstanding hereunder. The manner of soliciting such instructions shall be subject to such reasonable regulations as the Trustee may prescribe.
Appears in 1 contract
Samples: Trust Agreement
Voting Under any Underlying Trust Agreement. In the event that there shall be any matter arising under an Underlying Trust Agreement which requires the vote of holders of certificates outstanding thereunder, the Trustee as the holder of the related Xxxxxx Xxx Security shall vote such Xxxxxx Mae Security security in accordance with instructions received from Holders of the Classes of Trust Fund Certificates relating to such Xxxxxx Xxx Security and having Certificate Principal Balances and Notional Principal Balances aggregating not less than 51% of the sum of the Certificate Principal Balances and the Notional Principal Balances of the related Classes of Certificates. In the absence of any such instructions, the Trustee shall vote in a manner consistent, in the sole judgment of the Trustee, with the best interests of Holders of Certificates outstanding hereunder. The manner of soliciting such instructions shall be subject to such reasonable regulations as the Trustee may prescribe.
Appears in 1 contract
Samples: Trust Agreement