Common use of Modifications to the Wachovia Facilities Clause in Contracts

Modifications to the Wachovia Facilities. The Seller will provide the Administrative Agent with prompt written notice and furnish the Administrative Agent with a copy (and in all events within two Business Days of the execution thereof), of any amendment, modification, waiver, extension, replacement or other modification to any Wachovia Facility, together with a written summary of all Core Transaction Terms, if any, in the amended, modified, waived, extended, replaced or otherwise modified Wachovia Facility which, in the reasonable judgment of the Seller, are more favorable than a similar term under the Agreement.

Appears in 9 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

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