Bond Trustee. 19.1 If there is any change in the identity of the Bond Trustee or an additional Bond Trustee is appointed, the remaining Bond Trustee and/or the retiring Bond Trustee, the Servicer, the Seller and the Guarantor shall execute such documents with any other parties to this Agreement and take such actions as such new Bond Trustee may reasonably require for the purposes of vesting in such new Bond Trustee the rights of the Bond Trustee under this Agreement and under the Security Agreement and while any of the Covered Bonds remain outstanding shall give notice thereof to the Rating Agencies.
Appears in 2 contracts
Samples: Servicing Agreement, Servicing Agreement (BMO Covered Bond Guarantor Limited Partnership)
Bond Trustee. 19.1 21.1 If there is any change in the identity of the Bond Trustee or an additional Bond Trustee is appointed, the remaining Bond Trustee and/or the retiring Bond Trustee, the Servicer, the Seller and the Guarantor shall execute such documents with any other parties to this Agreement and take such actions as such new Bond Trustee may reasonably require for the purposes of vesting in such new Bond Trustee the rights of the Bond Trustee under this Agreement and under the Security Agreement and while any of the Covered Bonds remain outstanding shall give notice thereof to the Rating Agencies.
Appears in 2 contracts
Samples: Mortgage Sale Agreement, Mortgage Sale Agreement (BMO Covered Bond Guarantor Limited Partnership)
Bond Trustee. 19.1 If In the event that there is any change in the identity of the Bond Trustee or an additional Bond Trustee is appointedappointed in accordance with the Security Agreement, as the case may be, the remaining Bond Trustee and/or the retiring Bond TrusteeCash Manager, the Servicersolely in its capacity as cash manager, the Seller and the Guarantor shall will execute such documents with any other parties to this Agreement and take such actions as such new Bond Trustee may reasonably require for the purposes of vesting in such new Bond Trustee the rights of the Bond Trustee under this Agreement and under the Security Agreement and while any of the Covered Bonds remain outstanding shall will give notice thereof to the Rating Agencies.
Appears in 1 contract
Samples: Cash Management Agreement