Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and (ii) by deleting the words “to transfer” and inserting the words “to effect a Permitted Transfer” in lieu thereof.
Appears in 38 contracts
Samples: Master Agreement (CWABS Asset-Backed Certificates Trust 2007-7), Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2007-4), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Ahl1)
Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “"or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” " and (ii) by deleting the words “"to transfer” " and inserting the words “"to effect a Permitted Transfer” " in lieu thereof.
Appears in 22 contracts
Samples: Isda 1992 Master Agreement (ML-CFC Commercial Mortgage Trust 2006-4), Isda 1992 Master Agreement (ML-CFC Commercial Mortgage Trust 2006-4), Isda Master Agreement (Alternative Loan Trust 2006-Oc9)
Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and (ii) by deleting the words “to transfer” last paragraph thereof and inserting the words “to effect a Permitted Transfer” following in lieu thereof.: “Notwithstanding anything to the contrary in Section 7 (as amended herein) and Part 5(f), any transfer by Party A under this Section 6(b)(ii) shall not require the consent of Party B for such transfer if the following conditions are satisfied:
Appears in 18 contracts
Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2007-He2), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Sl2), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-Ac3)
Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “"or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and (ii) by deleting the words “to transfer” and inserting the words “to effect a Permitted Transfer” in lieu thereof."
Appears in 10 contracts
Samples: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-Nc1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Wm3), Assignment and Recognition Agreement (BCAP LLC Trust 2006-Aa2)
Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “"or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” " and (ii) by deleting the words “to transfer” last paragraph thereof and inserting the words “following: "Notwithstanding anything to effect a Permitted Transfer” the contrary in lieu thereof.Section 7 (as amended herein) and Part 5(i), any transfer by Bear Xxxxxxx under this Section 6(b)(ii) shall not require the consent of Counterparty; provided that:
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar3), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar1), Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2007-Ar4)
Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and (ii) by deleting the words “to transfer” and inserting the words “to effect a Permitted Transfer” in lieu thereof.
Appears in 4 contracts
Samples: Isda Master Agreement (Alternative Loan Trust 2007-Hy8c), Master Agreement (CWABS Asset-Backed Certificates Trust 2007-11), Master Agreement (CWABS Asset-Backed Certificates Trust 2007-9)
Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) by deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and the words “, which consent will not be withheld if such other party’s policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed”and (ii) by deleting the words “to transfer” and inserting the words “to effect a Permitted Transfer” in lieu thereof.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Amc4), Pooling and Servicing Agreement (MortgageIT Securities Corp. Mortgage Loan Trust, Series 2007-2), Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2007-3)
Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) by deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and the words “, which consent will not be withheld if such other party’s policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed” and (ii) by deleting the words “to transfer” and inserting the words “to effect a Permitted Transfer” in lieu thereof.
Appears in 4 contracts
Samples: Isda 1992 Master Agreement (Harley-Davidson Motorcycle Trust 2008-1), Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt3), Master Agreement (CWABS Asset-Backed Certificates Trust 2007-13)
Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “"or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” " and (ii) by deleting the words “to transfer” last paragraph thereof and inserting the words “following: "Notwithstanding anything to effect a Permitted Transfer” the contrary in lieu thereof.Section 7 (as amended herein) and Part 5(i), any transfer by Bear Stearns under this Section 6(b)(ii) shall not require the conxxxx xx Counterparty; provided that:
Appears in 1 contract
Samples: Assignment Agreement (CWHEQ Home Equity Loan Trust, Series 2007-S3)
Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) by deleting the words “"or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” " and the words ", which consent will not be withheld if such other party's policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed" and (ii) by deleting the words “"to transfer” " and inserting the words “"to effect a Permitted Transfer” " in lieu thereof.
Appears in 1 contract
