Amendment of Trust Agreement. The Trust Agreement is amended or modified without the prior written consent of Party A where such consent is required under the terms of the Trust Agreement; provided, however, that it shall not be an Additional Termination Event where such amendment or modification involves the appointment of any successor trustee, securities administrator, master servicer or servicer pursuant to the terms of the Trust Agreement. For the purpose of the foregoing Termination Event, Party B shall be the sole Affected Party.
Appears in 5 contracts
Samples: Master Agreement (BNC Mortgage Loan Trust 2007-1), Master Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc2), Master Agreement (Sasco 2007-Eq1)
Amendment of Trust Agreement. The Trust Agreement is amended or modified without the prior written consent of Party A where such consent is required under the terms of the Trust Agreement; provided, however, that it shall not be an Additional Termination Event where such amendment or modification involves the appointment of any successor trustee, securities administrator, master servicer or servicer pursuant to the terms of the Trust Agreement. For the purpose of the foregoing Termination Event, Party B shall be the sole Affected Party.
Appears in 5 contracts
Samples: Master Agreement (Sasco 2007-Bnc1), Master Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4), Master Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2008-1)
