Common use of Amendment; Consent Clause in Contracts

Amendment; Consent. Section 9(b) of the Agreement is amended by adding the following at the end of such Section: “No amendment, modification or waiver in respect of this Agreement will be effective unless the Rating Agency Condition is satisfied. The foregoing shall not, however, create any obligation on the part of UBS AG to provide any such written notice.”

Appears in 4 contracts

Samples: Assignment and Recognition Agreement (MASTR Asset Backed Securities Trust 2006-He2), Pooling and Servicing Agreement (MASTR Asset-Backed Securities Trust 2006-Am2), Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Wmc3)

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Amendment; Consent. Section 9(b) of the Agreement is amended by adding the following at the end of such Section: “No amendment, modification or waiver in respect of this Agreement will be effective unless the Rating Agency Condition is satisfied. The foregoing shall not, however, create any obligation on the part of UBS AG to provide any such written noticenotice to any Rating Agency.”

Appears in 1 contract

Samples: Distribution Instructions (MASTR Asset Backed Securities Trust 2005-Nc2)

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