Common use of Amendments to the Portfolio Agreement Clause in Contracts

Amendments to the Portfolio Agreement. The Portfolio Agreement is hereby amended as follows: (a) Section 1.01. Section 1.01 of the Portfolio Agreement is amended by: i. Deleting the definition of "Additional Collateral" and replacing it with the following: "ADDITIONAL COLLATERAL means with respect to any Mortgage 100 Loan or and Parent Power Mortgage Loan, the marketable securities subject to a security interest pursuant to the related Mortgage 100 Pledge Agreement or the Parent Power Guaranty and Security Agreement for Securities Account."

Appears in 4 contracts

Samples: Amendment Agreement (Merrill Lynch Mortgage Investors Inc), Amendment Agreement (Merrill Lynch Mort Invest Inc MLCC 2003-B Mort Ps THR Cert), Amendment Agreement (Merrill Lynch Mortgage Investors Inc)

AutoNDA by SimpleDocs

Amendments to the Portfolio Agreement. The Portfolio Agreement is hereby amended as follows: (a) Section 1.01. Section 1.01 of the Portfolio Agreement is amended by: i. Deleting the definition of "Additional Collateral" and replacing it with the following: "ADDITIONAL COLLATERAL “Additional Collateral means with respect to any Mortgage 100 Loan or and Parent Power Mortgage Loan, the marketable securities subject to a security interest pursuant to the related Mortgage 100 Pledge Agreement or the Parent Power Guaranty and Security Agreement for Securities Account."

Appears in 2 contracts

Samples: Servicing Rights Purchase and Sale Agreement (PHH Corp), Portfolio Servicing Agreement (PHH Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!