Common use of Material Amendment Clause in Contracts

Material Amendment. Party B represents that it will not enter into any amendments or other modification to the Prospectus Supplement or the PSA that would reasonably be expected to have an adverse effect on Party A without at least ten (10) Business Days' prior notice to Party A and the prior written consent of Party A. If Party B does enter into any such an amendment or modification without the prior written consent of Party A, it shall be an Additional Termination Event with respect to Party B.

Appears in 4 contracts

Samples: IndyMac INDX Mortgage Loan Trust 2006-Ar14, IndyMac INDX Mortgage Loan Trust 2006-Ar14, IndyMac INDX Mortgage Loan Trust 2006-Ar14

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