Common use of Change in Credit Enhancement or Other External Support Clause in Contracts

Change in Credit Enhancement or Other External Support. Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement provided. Applies to external credit enhancements as well as derivatives. Reg AB disclosure about any new enhancement provider is also required. Depositor or Trustee

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust 2007-A5), Pooling and Servicing Agreement (IndyMac IMJA Mortgage Loan Trust 2007-A2), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx5)

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Change in Credit Enhancement or Other External Support. Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement provided. Applies to external credit enhancements as well as derivatives. Reg AB disclosure about any new enhancement provider is also required. Depositor or N/A 6.04 Failure to Make a Required Distribution Trustee

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (PHHMC Series 2007-6 Trust), Pooling and Servicing Agreement (PHHMC Series 2006-4 Trust), Pooling and Servicing Agreement (PHHMC Series 2007-2 Trust)

Change in Credit Enhancement or Other External Support. Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement provided. Applies to external credit enhancements as well as derivatives. Reg AB disclosure about any new enhancement provider is also required. Depositor or TrusteeDepositor

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Wfhe3), Pooling and Servicing Agreement (National City Mortgage Capital LLC), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Wf2)

Change in Credit Enhancement or Other External Support. Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement provided. Applies to external credit enhancements as well as derivatives. Reg Regulation AB disclosure about any new enhancement provider is also required. Depositor or TrusteeTrust Administrator

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2006-Fre1), Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2006-Nc1, Mortgage Pass-Through Certificates, Series 2006-Nc1)

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Change in Credit Enhancement or Other External Support. Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement provided. Applies to external credit enhancements as well as derivatives. X Reg AB disclosure about any new enhancement provider is also required. Depositor or TrusteeX 6.04 Failure to Make a Required Distribution X

Appears in 1 contract

Samples: Servicing Agreement (Citigroup HELOC Trust 2006-Ncb1)

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