Common use of Waivers and Supplemental Agreements with Consent of Holders Clause in Contracts

Waivers and Supplemental Agreements with Consent of Holders. With the consent of the Holders of Certificates of each Class representing Certificate Principal Balances or Notional Principal Balances aggregating not less than 66% of the related Class Certificate Principal Balance or Class Notional Principal Balance, (i) compliance by Fannie Mae with any of the terms of this Trust Agreement may be waived or (ii) Fannie Mae, in its corporate capacity and in its capacity as Trustee, may enter into any Supplemental Agreement for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Trust Agreement or of modifying in any manner the rights of the Holders of the Certificates issued under this Trust Agreement; provided that no such waiver or Supplemental Agreement shall:

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Waivers and Supplemental Agreements with Consent of Holders. With the consent of the Holders of Certificates of each Class representing Certificate Principal Balances or Notional Principal Balances aggregating not less than 66% of the related Class Certificate Principal Balance or Class Notional Principal Balance, as applicable, (i) compliance by Fannie Mae Xxxxxx Xxx with any of the terms of this Trust Agreement may be waived or (ii) Fannie Xxxxxx Mae, in its corporate capacity and in its capacity as Trustee, may enter into any Supplemental Agreement for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Trust Agreement or of modifying in any manner the rights of the Holders of the Certificates issued under this Trust Agreement; provided that no such waiver or Supplemental Agreement shall:

Appears in 1 contract

Samples: Federal National Mortgage Association

Waivers and Supplemental Agreements with Consent of Holders. With the consent of the Holders of Certificates of each Class representing Certificate Principal Balances or Notional Principal Balances aggregating not less than 66% of the related Class Certificate Principal Balance or Class Notional Principal Balance, (i) compliance by Fannie Xxxxxx Mae with any of the terms of this Trust Agreement may be waived or (ii) Fannie MaeXxxxxx Xxx, in its corporate capacity and in its capacity as Trustee, may enter into any Supplemental Agreement for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Trust Agreement or of modifying in any manner the rights of the Holders of the Certificates issued under this Trust Agreement; provided that no such waiver or Supplemental Agreement shall:

Appears in 1 contract

Samples: Trust Agreement

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Waivers and Supplemental Agreements with Consent of Holders. With the consent of the Holders of Certificates of each Class representing Certificate Principal Balances or Notional Principal Balances aggregating not less than 66% of the related Class Certificate Principal Balance or Class Notional Principal Balance, (i) compliance by Fannie Mae with any of the terms of this Trust Agreement may be waived or (ii) Fannie Mae, in its corporate capacity and in its capacity as Trustee, may enter into any Supplemental Agreement for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Trust Agreement or of modifying in any manner the rights of the Holders of the Certificates issued under this Trust Agreement; provided that no such waiver or Supplemental Agreement shall:

Appears in 1 contract

Samples: Trust Agreement

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