Common use of Assignment or Transfer of Master Servicing Agreement Clause in Contracts

Assignment or Transfer of Master Servicing Agreement. The Master Servicer may, with the prior written consent of the Issuing Entity, FMSC, and the Trustee, assign or transfer all of its rights and obligations under the Master Servicing Agreement, provided, however, that the Trustee shall not consent to such an assignment or transfer unless it shall have received written notice from the Rating Agency that rated the Series to which the Master Servicing Agreement relates that such assignment or transfer will not result in a reduction of the rating assigned by the Rating Agency to such Series.

Assignment or Transfer of Master Servicing Agreement. The Master Servicer may, with the prior written consent of the Issuing EntityIssuer, FMSCNMSC, and the Trustee, assign or transfer all of its rights and obligations under the Master Servicing Agreement, provided, however, that the Trustee shall not consent to such an assignment or transfer unless it shall have received written notice from the Rating Agency that rated the Series to which the Master Servicing Agreement relates that such assignment or transfer will not result in a reduction of the rating assigned by the Rating Agency to such Series.

Assignment or Transfer of Master Servicing Agreement. The Master Servicer may, with the prior written consent of the Issuing EntityIssuer, FMSC, and the Trustee, assign or transfer all of its rights and obligations under the Master Servicing Agreement, provided, however, that the Trustee shall not consent to such an assignment or transfer unless it shall have received written notice from the Rating Agency that rated the Series to which the Master Servicing Agreement relates that such assignment or transfer will not result in a reduction of the rating assigned by the Rating Agency to such Series.

Assignment or Transfer of Master Servicing Agreement. The Master Servicer may, with the prior written consent of the Issuing EntityIssuer, FMSCSRMSC, and the Trustee, assign or transfer all of its rights and obligations under the Master Servicing Agreement, provided, however, that the Trustee shall not consent to such an assignment or transfer unless it shall have received written notice from the Rating Agency that rated the Series to which the Master Servicing Agreement relates that such assignment or transfer will not result in a reduction of the rating assigned by the Rating Agency to such Series.