Common use of Limitations on Amendment Clause in Contracts

Limitations on Amendment. The Company shall not, without the prior written consent of each nationally recognized rating agency that has rated any securities issued and outstanding pursuant to any pooling and servicing agreement, indenture, trust agreement or other similar agreement entered into by the Company or any Affiliate of the Company, amend, alter, change or repeal Article Three, Section 5.08, Article Six or this Section 13.01. Subject to the foregoing limitation, the Company reserves the right to amend, alter, change or repeal any provision contained in this Agreement in the manner now or hereafter prescribed by statute or applicable law, and all rights conferred upon Members herein are granted subject to this reservation.

Limitations on Amendment. The Company shall not, without the prior written consent of each nationally recognized rating agency that has rated any securities issued and outstanding pursuant to any pooling and servicing agreement, indenture, trust agreement or other similar agreement entered into by the Company or any Affiliate of the Company, amend, alter, change or repeal Article Three, Section 5.08, Article Six or this Section 13.01Section. Subject to the foregoing limitation, the Company reserves the right to amend, alter, change or repeal any provision contained in this Agreement in the manner now or hereafter prescribed by statute or applicable law, and all rights conferred upon Members herein are granted subject to this reservation.

Limitations on Amendment. The Company shall not, without the prior written consent of each nationally recognized rating agency that has rated any securities issued and outstanding pursuant to any pooling and servicing agreement, indenture, trust agreement or other similar agreement entered into by the Company or any Affiliate of the Company, amend, alter, change or repeal Article Three, Section 5.08, Article Six or this Section 13.01Section. Subject to the foregoing limitation, the Company reserves the right to amend, alter, change or repeal any provision contained in this Agreement in the manner now or hereafter prescribed by statute or applicable law, and all rights conferred upon Members herein are granted subject to this reservation, provided that this Agreement may not be amended without the affirmative vote of 100% of the Members of the Company, including the Independent Members.