With 100% Holder Consent. Without the consent of all Holders of the Certificates of the related Series, the Issuer and the Trustee may not enter into any Amendment, or otherwise engage in any activity, that will:
(i) reduce in any manner the amount of, or delay the timing of, distributions which are required to be made on any Certificate;
(ii) (A) terminate or modify the Guaranty or (B) reduce the percentage of Voting Rights required to consent to any waiver or any Amendment; or
(iii) affect the status of all or any part of a Trust Fund, as applicable, as a REMIC for federal tax purposes, or otherwise have the effect of materially increasing taxes payable in respect of that Trust.
With 100% Holder Consent. Without the consent of all Holders of a Mega Issue or SMBS Series, the Issuer and the Trustee may not enter into any Amendment, or otherwise engage in any activity, that will:
(i) reduce in any manner the amount of, or delay the timing of, distributions which are required to be made on any Certificate;
(ii) (A) terminate or modify the Guaranty or (B) reduce the percentage of Voting Rights required to consent to any waiver or any Amendment;
(iii) affect the status of all or any part of a Trust Fund, as applicable, as a fixed investment trust for federal tax purposes, or otherwise have the effect of materially increasing taxes payable in respect of that Trust; or
(iv) result in a Significant Change to a Permitted Activity.
With 100% Holder Consent. Without the consent of all Holders of the Certificates of the related Trust, the Issuer and the Trustee may not enter into any Amendment, or otherwise engage in any activity, that will:
(a) reduce in any manner the amount of, or delay the timing of, distributions which are required to be made on any Certificate;
(b) (i) terminate or modify the Guaranty or (ii) reduce the percentage of Voting Rights required to consent to any waiver or any Amendment; or
(c) affect the status of the Trust as a fixed investment trust for federal tax purposes, or, in the event a REMIC election is made with respect to all or a part of the assets of the Trust Fund of any Trust, affect the status of such assets as a REMIC for federal tax purposes, or otherwise have the effect of materially increasing taxes payable in respect of that Trust.
With 100% Holder Consent. Without the consent of all Holders of the Certificates of the related Trust, the Issuer and the Trustee may not enter into any Amendment, or otherwise engage in any activity, that will:
(a) reduce in any manner the amount of, or delay the timing of, distributions which are required to be made on any Certificate;
(b) (i) terminate or modify the Guaranty or (ii) reduce the percentage of Voting Rights required to consent to any waiver or any Amendment; or
(c) adversely affect the status of the Trust as a Fixed Investment Trust or, in the event a REMIC election is made with respect to all or a part of the assets of the Trust Fund of any Trust, adversely affect the status of such assets as a REMIC for federal tax purposes or otherwise have the effect of materially increasing taxes payable in respect of that Trust.
With 100% Holder Consent. Without the consent of all Holders of the Certificates, the Issuer and the Trustee may not enter into any Amendment, or otherwise engage in any activity, that will:
(i) reduce in any manner the amount of, or delay the timing of, distributions which are required to be made on any Certificate; or
(ii) (A) terminate or modify the Guaranty or (B) reduce the percentage of Voting Rights required to consent to any waiver or any Amendment.
With 100% Holder Consent. Without the consent of all Holders of the Certificates of the related Trust, the Issuer and the Trustee may not enter into any Amendment, or otherwise engage in any activity, that will:
(a) reduce in any manner the amount of, or delay the timing of, distributions which are required to be made on any Certificate;
(b) (i) terminate or modify the Guaranty or (ii) reduce the percentage of Voting Rights required to consent to any waiver or any Amendment;