Common use of Amendments to the Trust Sale and Servicing Agreement Clause in Contracts

Amendments to the Trust Sale and Servicing Agreement. The Trust Sale and Servicing Agreement may be amended, modified or supplemented from time to time by the Depositor, the Servicer and the Owner Trustee in the manner specified by Section 9.01(b) of the Trust Sale and Servicing Agreement; provided, however, that no such amendment, modification or supplement shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment, modification or supplement or (B) the amendment, modification or supplement will, as evidenced by a Materiality Opinion, have no material adverse effect on the interests of the Primary Swap Counterparty.

Appears in 4 contracts

Samples: Swap Counterparty Rights Agreement (Capital Auto Receivables Asset Trust 2007-1), Swap Counterparty Rights Agreement (Capital Auto Receivables LLC), Swap Counterparty Rights Agreement (Capital Auto Receivables Asset Trust 2007-3)

AutoNDA by SimpleDocs

Amendments to the Trust Sale and Servicing Agreement. The Trust Sale and Servicing Agreement may be amended, modified or supplemented from time to time by the DepositorSeller, the Servicer and the Owner Trustee in the manner specified by Section 9.01(b) of the Trust Sale and Servicing Agreement; provided, however, that no such amendment, modification or supplement shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment, modification or supplement or (B) the amendment, modification or supplement will, as evidenced by a Materiality Opinion, have no material adverse effect on the interests of the Primary Swap Counterparty.

Appears in 3 contracts

Samples: Swap Counterparty Rights Agreement (Capital Auto Receivables Inc), Swap Counterparty Rights Agreement (Capital Auto Receivables Asset Trust 2004-2), Swap Counterparty Rights Agreement (Capital Auto Receivables Inc)

Amendments to the Trust Sale and Servicing Agreement. The Trust Sale and Servicing Agreement may be amended, modified or supplemented from time to time by the Depositor, the Servicer and the Owner Trustee Issuing Entity in the manner specified by Section 9.01(b) of the Trust Sale and Servicing Agreement; provided, however, that no such amendment, modification or supplement shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment, modification or supplement or (B) the amendment, modification or supplement will, as evidenced by a Materiality Opinion, have no material adverse effect on the interests of the Primary Swap Counterparty.

Appears in 2 contracts

Samples: Swap Counterparty Rights Agreement (Capital Auto Receivables LLC), Swap Counterparty Rights Agreement (Capital Auto Receivables Asset Trust 2008-1)

Amendments to the Trust Sale and Servicing Agreement. The Trust Sale and Servicing Agreement may be amended, modified or supplemented from time to time by the Depositor, the Servicer and the Owner Trustee in the manner specified by Section 9.01(b) 10.1 of the Trust Sale and Servicing Agreement; provided, however, that no such amendment, modification or supplement shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment, modification or supplement or (B) the amendment, modification or supplement will, as evidenced by a Materiality Opinionan opinion of independent counsel addressed to the Primary Swap Counterparty, have no material adverse effect on the interests of the Primary Swap Counterparty.

Appears in 2 contracts

Samples: Swap Counterparty Rights Agreement (SWIFT Master Auto Receivables Trust), Swap Counterparty Rights Agreement (SWIFT Master Auto Receivables Trust)

Amendments to the Trust Sale and Servicing Agreement. The Trust Sale and Servicing Agreement may be amended, modified or supplemented from time to time by the Depositor, the Servicer and the Owner Trustee Issuing Entity in the manner specified by Section 9.01(b) of the Trust Sale and Servicing Agreement; provided, however, that no such amendment, modification or supplement shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment, modification or supplement or (B) the amendment, modification or supplement will, as evidenced by a Materiality Opinionan Opinion of Counsel addressed to the Primary Swap Counterparty, have no material adverse effect on the interests of the Primary Swap Counterparty.

Appears in 2 contracts

Samples: Swap Counterparty Rights Agreement (Ally Auto Receivables Trust 2010-3), Swap Counterparty Rights Agreement (Ally Auto Receivables Trust 2010-3)

AutoNDA by SimpleDocs

Amendments to the Trust Sale and Servicing Agreement. The Trust Sale and Servicing Agreement may be amended, modified or supplemented from time to time by the Depositor, the Servicer and the Owner Trustee in the manner specified by Section 9.01(b) of the Trust Sale and Servicing Agreement; provided, however, that no such amendment, modification or supplement shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment, modification or supplement or (B) the amendment, modification or supplement will, as evidenced by a Materiality Opinionan opinion of independent counsel addressed to the Primary Swap Counterparty, have no material adverse effect on the interests of the Primary Swap Counterparty.

Appears in 1 contract

Samples: Swap Counterparty Rights Agreement (Superior Wholesale Inventory Financing Trust 2007-Ae-1)

Amendments to the Trust Sale and Servicing Agreement. The Trust Sale and Servicing Agreement may be amended, modified or supplemented from time to time by the Depositor, the Servicer and the Owner Trustee Issuing Entity in the manner specified by Section 9.01(b) of the Trust Sale and Servicing Agreement; provided, however, that no such amendment, modification or supplement shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment, modification or supplement (such consent not to be unreasonably withheld) or (B) the amendment, modification or supplement will, as evidenced by a Materiality Opinion, have no material adverse effect on the interests of the Primary Swap Counterparty.

Appears in 1 contract

Samples: Swap Counterparty Rights Agreement (Capital Auto Receivables LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.