Common use of Amendments to the Trust Agreement Clause in Contracts

Amendments to the Trust Agreement. (a) Subject to the provisions of the Trust Agreement, without the consent of the Holders of any Notes or the Indenture Trustee, the Owner Trustee (at the written direction of the Beneficiary) and the Beneficiary may amend the Trust Agreement so long as such amendment will not have an Adverse Effect and is not reasonably expected to have an Adverse Effect at any time in the future.

Appears in 30 contracts

Samples: Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Trust Agreement (Chase Card Funding LLC)

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Amendments to the Trust Agreement. (a) Subject to the provisions of the Trust Agreement, without the consent of the Holders of any Notes or the Indenture Trustee, the Owner Trustee (at the written direction of the Beneficiary) and the Beneficiary may amend the Trust Agreement so long as such amendment will not have an Adverse Effect and is not reasonably expected to have an Adverse Effect at any time in the futurefuture and the Indenture Trustee shall have received written confirmation from each Note Rating Agency that such amendment will not have a Ratings Effect.

Appears in 5 contracts

Samples: Indenture (Carco Auto Loan Master Trust), Indenture (Daimlerchrysler Master Owner Trust), Indenture (Daimlerchrysler Master Owner Trust)

Amendments to the Trust Agreement. (a) Subject to the provisions of the Trust Agreement, without the consent of the Holders of any Notes or the Indenture Trustee, the Owner Trustee (at the written direction of the Beneficiary) and the Beneficiary may amend the Trust Agreement so long as such amendment will not not, in the reasonable belief of the Beneficiary, have an Adverse Effect and is not reasonably expected by the Beneficiary to have an Adverse Effect at any time in the futurefuture on any Noteholder whose consent has not been obtained (as evidenced by an Officer’s Certificate of the Beneficiary delivered to the Indenture Trustee).

Appears in 2 contracts

Samples: Indenture (WF Card Funding LLC), WF Card Issuance Trust

Amendments to the Trust Agreement. (a) Subject to the provisions of the Trust Agreement, without the consent of the Holders of any Notes or the Indenture Trustee, the Transferor, the Owner Trustee (at the written direction of the BeneficiaryAdministrator) and the Beneficiary Administrator may amend the Trust Agreement so long as such amendment will shall not have an Adverse Effect and is not reasonably expected to have an Adverse Effect at any time in the future.

Appears in 1 contract

Samples: Master Note Trust (Mellon Premium Finance Loan Owner Trust)

Amendments to the Trust Agreement. (a) Subject to the provisions of the Trust Agreement, without Without the consent of the Holders of any Notes or the Indenture Trustee, the Owner Trustee (at the written direction of the Beneficiary) and the Beneficiary may amend the Trust Agreement so long as such amendment will not have an and Adverse Effect and is not reasonably expected to have an Adverse Effect at any time in the future.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mbna Credit Card Master Note Trust)

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Amendments to the Trust Agreement. (a) Subject to the provisions of the Trust Agreement, without the consent of the Holders of any Notes or the Indenture Trustee, the Owner Trustee (at the written direction of the Beneficiary) and the Beneficiary may amend the Trust Agreement so long as such amendment will shall not have an Adverse Effect and is not reasonably expected to have an Adverse Effect at any time in the future.

Appears in 1 contract

Samples: CNH Wholesale Receivables Inc

Amendments to the Trust Agreement. (a) Subject to the provisions of the Trust Agreement, without the consent of the Holders of any Notes or the Indenture Trustee, the Owner Trustee (at the written direction of the BeneficiaryAdministrator) and the Beneficiary Administrator may amend the Trust Agreement so long as such amendment will shall not have an Adverse Effect and is not reasonably expected to have an Adverse Effect at any time in the future.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mellon Bank Premium Finance Loan Master Trust)

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