Common use of Amendments to Trust Agreement Clause in Contracts

Amendments to Trust Agreement. The Owner Trustee shall furnish notice to the Primary Swap Counterparty and to each of the Rating Agencies prior to obtaining consent to any proposed amendment under Section 8.2 of the Trust Agreement; provided, however, that no 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 6 contracts

Samples: Swap Counterparty Rights Agreement (Capital Auto Receivables Inc), Swap Counterparty Rights Agreement (Capital Auto Receivables Inc), Swap Counterparty Rights Agreement (Capital Auto Receivables Inc)

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Amendments to Trust Agreement. The Owner Trustee shall furnish notice to the Primary Swap Counterparty and to each of the Rating Agencies prior to obtaining consent to any proposed amendment amendment, modification or supplement under Section 8.2 of the Trust Agreement; provided, however, that no amendment amendment, modification or supplement shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment amendment, modification or supplement or (B) the amendment 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 5 contracts

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

Amendments to Trust Agreement. The Owner Trustee shall furnish notice to the Primary Swap Counterparty and to each of the Rating Agencies prior to obtaining consent to any proposed amendment under Section 8.2 of the Trust Agreement; provided, however, that no 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 2 contracts

Samples: Swap Counterparty Rights Agreement (Navistar Financial Retail Receivables Corporation), Swap Counterparty Rights Agreement (Capital Auto Receivables Inc)

Amendments to Trust Agreement. The Seller shall cause the Owner Trustee shall to furnish notice to the Primary Swap Counterparty and to each of the Rating Agencies prior to obtaining consent to any proposed amendment under Section 8.2 11.01 of the Trust Agreement; provided, however, that no amendment (other than any amendment pursuant to Section 11.01(a) of the Trust Agreement) 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 (World Omni Auto Receivables Trust 2007-A)

Amendments to Trust Agreement. The Owner Trustee shall furnish notice to the Primary Swap Counterparty and to each of the Rating Agencies prior to obtaining consent to any proposed amendment amendment, modification or supplement under Section 8.2 of the Trust Agreement; provided, however, that no amendment amendment, modification or supplement shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment amendment, modification or supplement or (B) the amendment 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)

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Amendments to Trust Agreement. The Owner Trustee shall furnish notice to the Primary Swap Counterparty and to each of the Rating Agencies prior to obtaining consent to any proposed amendment under Section 8.2 11.01 of the Trust Agreement; provided, however, that no amendment (other than any amendment pursuant to Section 11.01(a) of the Trust Agreement) 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 (World Omni Auto Receivables Trust 2005-B)

Amendments to Trust Agreement. The Owner Trustee shall furnish notice to the Primary Swap Counterparty and to each of the Rating Agencies prior to obtaining consent to any proposed amendment amendment, modification or supplement under Section 8.2 8.1 of the Trust Agreement; provided, however, that no amendment amendment, modification or supplement shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment amendment, modification or supplement or (B) the amendment amendment, modification or supplement will, as evidenced by a Materiality Opinionan Opinion of Counsel, 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 Asset Trust 2007-Sn1)

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