Amendments to the Existing Base Indenture. (a)Section 1.1 of the Existing Base Indenture is hereby amended by adding the following definitions in proper alphabetical order:
Amendments to the Existing Base Indenture. (a) Appendix A of the Existing Base Indenture is hereby amended by inserting the following new paragraph after the first sentence of the definition of “Stop-Loss Cap” and prior to the table: Effective as of June 30, 2020, for purposes of calculating the Stop-Loss Cap, the Servicer SDQ Rate and the unpaid principal balance of SDQ Loans with respect to Mortgage Loans in the Servicer’s Xxxxxx Xxx portfolio, only 30% of the unpaid principal balance of Forbearance Loans will be multiplied by the applicable “SDQ Factor”, while the remaining 70% of the unpaid principal balance of Forbearance Loans will be considered Non SDQ Loans and multiplied by the applicable “Non SDQ Factor”. For the avoidance of doubt, if a borrower reinstates or resolves any Forbearance Loan and such loan subsequently becomes 90 days or more delinquent, the full unpaid principal balance of such SDQ Loan will be multiplied by the applicable “SDQ Factor” and the 30% factor shall not be applicable unless additional forbearance of such loan under the CARES ACT or any replacement thereof is permitted by Xxxxxx Mae.
Amendments to the Existing Base Indenture. (a) The Existing Base Indenture is hereby amended by (a) deleting the stricken text in red (indicated textually in the same manner as the following example: stricken text) and (b) inserting the double-underlined text in blue (indicated textually in the same manner as the following example: double-underlined text), in each case, in the Amended and Restated Base Indenture attached as Exhibit A hereto (as amended by this Supplement No. 1, the “Base Indenture”). (b) The document attached to Exhibit A to the Existing Base Indenture is hereby replaced by the document attached as Exhibit B hereto. (c) The document attached to Schedule 7.19 to the Existing Base Indenture is hereby replaced by the document attached as Exhibit C hereto. Section 1.4
Amendments to the Existing Base Indenture. (a) Section 1.1 of the Existing Base Indenture is hereby amended by deleting the definitions of “Collateral Value” in its entirety and replacing it with the following:
Amendments to the Existing Base Indenture. (a) Section 3.3(d) is hereby amended by deleting in its entirety and replacing it with the following:
Amendments to the Existing Base Indenture. (a) The Granting Clause of the Existing Base Indenture is hereby amended by deleting the first numbered paragraph in its entirety and replacing it with the following:
Amendments to the Existing Base Indenture. (a) Section 1.1 of the Existing Base Indenture is hereby amended by deleting the definitions of “Cumulative Default Supplemental Fee Shortfall Amount,” and “Cumulative Step-Up Fee Shortfall Amount” in their entirety and replacing them with the following: Cumulative Default Supplemental Fee Shortfall Amount: For each Payment Date and each Class of Notes, any portion of the Default Supplemental Fee (including the Cumulative Default Supplemental Fee Shortfall Amount for that Class for a previous Payment Date as set forth in the definition of “Default Supplemental Fee”) that has not been paid, if any, plus accrued and unpaid interest at the applicable Note Interest Rate plus the Default Supplemental Fee Rate on such shortfall from the Payment Date on which the shortfall first occurred through but excluding the current Payment Date.
Amendments to the Existing Base Indenture. (a)Section 1.1 of the Existing Base Indenture is hereby amended by deleting the definitions of “Borrowing Base Deficiency,” “Funding Conditions,” “Market Value Percentage” and “Weighted Average Advance Rate” in their entirety and replacing them with the following:
Amendments to the Existing Base Indenture. The Existing Base Indenture is hereby amended by (a) deleting the stricken text in red (indicated textually in the same manner as the following example: stricken text) and (b) inserting the double-underlined text in blue (indicated textually in the same manner as the following example: double-underlined text), in each case, in the Base Indenture attached as Exhibit A to this Supplement (the “Base Indenture”).
