Common use of Amendment to Section 7 of the Agreement Clause in Contracts

Amendment to Section 7 of the Agreement. Section 7 of the Agreement is hereby amended by: (i) adding the words “and the confirmation of the Rating Agencies” immediately following the word “party” in the third line thereof; and (ii) adding the following sentence immediately following the final sentence thereof: “In addition, each transfer effected in accordance with this Section shall be effective only if the Rating Agency Condition is satisfied and each transfer effected pursuant to Section 6(b)(ii) shall be effective only if the Ratings Agencies receive prior notice of such transfer.”

Amendment to Section 7 of the Agreement. Section 7 of the Agreement is hereby amended by: (i) adding the words “and the confirmation of the Rating Agencies” immediately following the word “party” in the third line thereof; and (ii) adding the following sentence immediately following the final sentence thereof: “In addition, each no transfer effected in accordance with this Section shall be effective only if unless it satisfies the Rating Agency Condition is satisfied and each transfer effected pursuant to Section 6(b)(ii) shall be effective only if the Ratings Agencies receive prior notice of such transferCondition.”.

Amendment to Section 7 of the Agreement. Section 7 of the Agreement is hereby amended by: (i) adding the words “and the confirmation of the Rating Agencies” immediately following the word “party” in the third line thereof; and (ii) adding the following sentence immediately following the final sentence thereof: “In addition, each transfer effected in accordance with this Section shall be effective only if the Rating Agency Condition is satisfied and each transfer effected pursuant to Section 6(b)(ii) shall be effective only if it is confirmed by the Ratings Agencies receive prior notice of such transferRating Agencies.”