MBS Trust Indenture definition
Examples of MBS Trust Indenture in a sentence
In the event that, as to any MBS, there shall be a Default Under the MBS Trust Indenture or an Event of Default Under the MBS Trust Indenture, the Holders of the Certificates of the related Classes may, in the event that the Trustee shall not take any such action on their behalf, give such notice and take such action as certificateholders under such MBS Trust Indenture shall be permitted to take in respect thereof.
Similar direction shall be required in order for the Trustee to waive compliance with any provision of an MBS Trust Indenture where the vote of certificateholders is required pursuant to any provision thereof.
In the event that ▇▇▇▇▇▇ ▇▇▇ shall desire to amend any MBS Trust Indenture under circumstances requiring the vote of certificateholders thereunder, the Trustee may not vote the related MBS on behalf of Holders of the related Certificates except upon the direction to do so from the Holders of the Certificates of the related Classes having Certificate Balances aggregating not less than 51% of the aggregate of the related Class Balances.
In the event that ▇▇▇▇▇▇ Mae shall desire to amend any MBS Trust Indenture under circumstances requiring the vote of certificateholders thereunder, the Trustee may not vote the related MBS on behalf of Holders of the related Certificates except upon the direction to do so from the Holders of the Certificates of the related Classes having Certificate Balances aggregating not less than 51% of the aggregate of the related Class Balances.
Similar direction shall be required in order for the Trustee to waive compliance with any provision of an MBS Trust Indenture where the vote of certificateholders is required pursuant to Section 11.02 (or any similar provision) thereof.
In the event that ▇▇▇▇▇▇ ▇▇▇ shall desire to amend any MBS Trust Indenture pursuant to Section 11.02 (or any similar provision) thereof, under circumstances requiring the vote of certificateholders thereunder, the Trustee may not vote the related MBS on behalf of Holders of the related Certificates except upon the direction to do so from the Holders of the Certificates of the related Classes having Certificate Balances aggregating not less than 51% of the aggregate of the related Class Balances.
In the event that, as to any MBS, there shall be a Default Under the MBS Trust Indenture or an Event of Default Under the MBS Trust Indenture, the Holders of the Certificates of the related Group 1, Group 2, Group 3 or Group 4 Classes may, in the event that the Trustee shall not take any such action on their behalf, give such notice and take such action as certificateholders under such MBS Trust Indenture shall be permitted to take in respect thereof.
In the event that, as to any Trust MBS, there shall be a Default Under the MBS Trust Indenture or an Event of Default Under the MBS Trust Indenture, the Holders of Group 9 Certificates may, in the event that the Trustee shall not take any such action on their behalf, give such notice and take such action as certificateholders under such MBS Trust Indenture shall be permitted to take in respect thereof.
Similar direction shall be required in order for the Trustee to waive compliance with any provision of a MBS Trust Indenture where the vote of certificateholders is required pursuant to Section 11.02 (or any similar provision) thereof.
In the event that ▇▇▇▇▇▇ Mae shall desire to amend any MBS Trust Indenture under circumstances requiring the vote of certificateholders thereunder, the Trustee may not vote the related MBS on behalf of Holders of the related Certificates of the Group 1, Group 2, Group 3 or Group 4 Classes except upon the direction to do so from the Holders of the Certificates of the related Classes having Certificate Balances aggregating not less than 51% of the aggregate of the related Class Balances.