Permissible Without Action by Certificateholders. Fannie Mae, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes: (a) to add to the covenants of Fannie Mae herein; (b) to evidence the succession pursuant to Article V of another successor or successors to Fannie Mae and the assumption by such successor or successors of the obligations of Fannie Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities; (c) to eliminate any right reserved to or conferred upon Fannie Mae in its corporate capacity; (d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Fannie Mae may deem necessary or desirable; or (e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not adversely affect the interest of any Certificateholders.
Appears in 17 contracts
Sources: Trust Agreement, Trust Agreement, Trust Agreement
Permissible Without Action by Certificateholders. Fannie Mae, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes:
(a) to add to the covenants of Fannie Mae herein;
(b) to evidence the succession pursuant to Article V of another successor or successors to Fannie Mae and the assumption by such successor or successors of the obligations of Fannie Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities;
(c) to eliminate any right reserved to or conferred upon Fannie Mae in its corporate capacity;
(d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Fannie Mae may deem necessary or desirable; or
(e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not materially or adversely affect the interest of any Certificateholders;
7.01 shall not have any of the effects described in clause (a) or (b) of Section 7.02.
Appears in 2 contracts
Sources: Trust Agreement, Trust Agreement
Permissible Without Action by Certificateholders. Fannie Mae▇▇▇▇▇▇ ▇▇▇, from time to time and at any time, may, without the consent of or notice (other than in the case of any instrument supplemental thereto pursuant to clause (b) below) to any Holder of a Certificate, enter into an agreement or other instrument supplemental hereto and which thereafter shall form a part hereof, for any one or more of the following purposes:
(a) to add to the covenants of Fannie ▇▇▇▇▇▇ Mae herein;
(b) to evidence the succession pursuant to Article V of another successor or successors to Fannie Mae and the assumption by such successor or successors of the obligations of Fannie Mae hereunder in its corporate capacity or in its capacity as Trustee or in both such capacities;
(c) to eliminate any right reserved to or conferred upon Fannie Mae in its corporate capacity;
(d) to make provisions for the purpose of curing any ambiguity or correcting any provision in this Trust Agreement as Fannie Mae may deem necessary or desirable; or
(e) to make provisions for supplementing any provision in this Trust Agreement, provided that such supplemental provisions do not adversely affect the interest of any Certificateholders.
Appears in 1 contract
Sources: Trust Agreement