Common use of Amendments and Transfers Clause in Contracts

Amendments and Transfers. Any amendments, transfers or assignments of obligations under the Master Agreement shall not be effective unless the Rating Agency confirms in writing any rating dependent of this agreement will be unaffected by such action.

Appears in 6 contracts

Samples: Master Agreement (Lehman XS Trust Series 2005-1), Master Agreement (Lehman Mortgae Trust 2005-3), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2004-6, Asset-Backed Certs., Series 2004-6)

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Amendments and Transfers. Any amendments, transfers or assignments of obligations under the Master Agreement shall not be effective unless (i) the Rating Agency confirms in writing any rating dependent of this agreement will be unaffected by such actionaction and (ii) each party has given prior written consent to the other party;.

Appears in 2 contracts

Samples: Master Agreement (Lehman Mortgage Trust 2005-1), Master Agreement (Lehman Mortgage Trust 2005-2)

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