Common use of Sections 2 Clause in Contracts

Sections 2. 1 and 2.2 may be amended from time to time by a written amendment duly executed and delivered by the Issuer, the holder of the Trust Certificate, the Owner Trustee, the Indenture Trustee and the Administrator, without the consent of the Noteholders, for the purpose of adding any provision to or changing in any manner or eliminating any of the provisions of such Article; provided that such amendment will not, in an Opinion of Counsel obtained on behalf of the Issuer and satisfactory to the Indenture Trustee and the Owner Trustee, materially and adversely affect the interest of any Noteholder.

Appears in 7 contracts

Samples: Administration Agreement (SLC Student Loan Receivables I Inc), Administration Agreement (SLC Student Loan Trust 2005-2), Administration Agreement (SLC Student Loan Trust 2005-1)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.