Common use of Amendment to Events of Default Clause in Contracts

Amendment to Events of Default. The “Failure to Pay or Deliver” provision in Section 5(a)(i) of the Agreement is hereby amended by deleting the word “third” in the third line thereof and inserting the word “first” in place thereof.

Appears in 52 contracts

Samples: Isda Master Agreement (Structured Asset Investment Loan Trust 2005-11), Isda Master Agreement (Lehman XS 2006-13), Isda Master Agreement (Sasco 2006-Bc1)

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Amendment to Events of Default. The "Failure to Pay or Deliver" provision in Section 5(a)(i) of the Agreement is hereby amended by deleting the word "third" in the third line thereof and inserting the word "first" in place thereof.

Appears in 2 contracts

Samples: Isda Master Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-7n), Isda Master Agreement (Lehman XS Trust Series 2005-5n)

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