Common use of Waivers and Amendments with Consent of Holders Clause in Contracts

Waivers and Amendments with Consent of Holders. (a) With 51% Holder Consent. With the consent of the Holders of Mega Certificates representing not less than 51% of the Voting Rights of the related Issue, the Issuer and the Trustee may enter into any Amendment for any purpose or waive any provision of this Trust Agreement, other than any change to which Subsection 11.04(b) applies.

Appears in 4 contracts

Samples: Federal National Mortgage Association, Federal National Mortgage Association, Federal National Mortgage Association

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Waivers and Amendments with Consent of Holders. (a) With 51% Holder Consent. With the consent of the Holders of Mega Certificates representing not less than 51% of the Voting Rights of the related Issue, the Issuer and the Trustee may enter into any Amendment for any purpose or waive any provision of this Trust Agreement, other than any change to which Subsection 11.04(b) applies.

Appears in 2 contracts

Samples: Federal National Mortgage Association, Supers Master Trust Agreement

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Waivers and Amendments with Consent of Holders. (a) With 51% Holder Consent. With the consent of the Holders of Mega Certificates of each Class representing not less than at least 51% of the Voting Rights of the related Issuesuch Class, the Issuer and the Trustee may enter into any Amendment for any purpose or waive any provision of this Trust Agreement, other than any change to which Subsection 11.04(b10.04(b) applies.

Appears in 1 contract

Samples: Trust Agreement

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