Common use of Alternate Payment and Notice Provisions Clause in Contracts

Alternate Payment and Notice Provisions. Notwithstanding any provision of this Indenture or any of the Notes to the contrary, the Issuer may enter into any agreement with any Holder of a Note providing for a method of payment, or notice by the Indenture Trustee or any Paying Agent to the Holder, that is different from the methods provided for in this Indenture. The agreement may not accelerate the timing or increase the amount of any payments to the Noteholder; cause any release of or other change in any Collateral; or affect the timing, amount, or method of any payments by the Credit Enhancer under the Policy. The Issuer will furnish to the Indenture Trustee and the Credit Enhancer a copy of each such agreement and the Indenture Trustee will cause payments to be made and notices to be given in accordance with them.

Appears in 59 contracts

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-E), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-K)

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