Common use of CHANGES TO AGREED PROCEDURES Clause in Contracts

CHANGES TO AGREED PROCEDURES. Either party (the "proposer") may at any time make proposals to the other party (the "recipient") for changing the Agreed Procedures. The recipient must consult with the proposer in good faith with a view to agreeing to the proposal. If the proposer is the Master Servicer, the Trustee must agree to the changes proposed unless the Trustee reasonably considers that the changes would: (a) adversely affect the interests of the Bondholders or the Beneficiary of any Fund; (b) be inconsistent with the provisions of any Transaction Document; (c) cause the credit rating assigned to any Bonds issued by the Trustee to be downgraded by any Designated Rating Agency; (d) increase the cost to the Trustee of complying with its obligations under the Transaction Documents; or (e) increase the nature or extent of the Trustee's obligations under the Transaction Documents.