Common use of Amendments to the Trust Agreement Clause in Contracts

Amendments to the Trust Agreement. 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 8 contracts

Samples: Indenture (Capital One Master Trust), Indenture (Capital One Master Trust), Indenture (BA Master Credit Card Trust II)

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Amendments to the Trust Agreement. 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: Indenture (Mbna Credit Card Master Note Trust)

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Amendments to the Trust Agreement. 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 1 contract

Samples: Indenture (Carco Auto Loan Master Trust)

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