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 from time to time by the Seller, 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 shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment or (B) the amendment will, as evidenced by a Materiality Opinion, have no material adverse effect on the interests of the Primary Swap Counterparty.

Appears in 7 contracts

Samples: Swap Counterparty Rights Agreement (Central Originating Lease Trust), Swap Counterparty Rights Agreement (Capital Auto Receivables Inc), Swap Counterparty Rights Agreement (Capital Auto Receivables Inc)

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Amendments to the Trust Sale and Servicing Agreement. The Trust Sale and Servicing Agreement may be amended from time to time by the Seller, 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 shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment or (B) the amendment 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 Inc)

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