Amendment of section 11.7 and appointment of trustee
Amendment of Section 11.7 and Appointment of Trustee Sample Clauses
Amendment of Section 11.7 and Appointment of Trustee. Section 11.7 of the Agreement is hereby amended by the addition of the following provision at the end thereof: (e) Without regard to or compliance with the foregoing provisions of Section 11.7, as of October 31, 2007, subject to the provisions of Section 11.8, Wells Fargo Bank, National Association is hereby appointed by the Issuer and by the Master Servicer as Trustee to replace U.S. Bank National Association under this Agreement and under all Supplements hereto. Upon delivery by Wells Fargo Bank, National Association of an instrument accepting such appointment as described in Section 11.8, U.S. Bank National Association shall thereupon be removed as Trustee as provided in Section 11.8 and Wells Fargo Bank, National Association shall become fully vested with all rights, powers, duties and obligations of the Trustee as provided in Section 11.8.