Common use of Modification of Pooling and Servicing Agreement Clause in Contracts

Modification of Pooling and Servicing Agreement. The Pooling and Servicing Agreement is modified without the prior written consent of Party A, where such consent is required under the terms of the Pooling and Servicing Agreement, and such modification has a material adverse effect on Party A. For purposes of this Additional Termination Event, Party B shall be the sole Affected Party.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-He6), Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust, Series 2007-Ffa), Custodial Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A1)

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Modification of Pooling and Servicing Agreement. The Pooling and Servicing Agreement is modified without the prior written consent of Party A, where such consent is required under the terms of the Pooling and Servicing Agreement, and where such modification has a material adverse effect on Party A. A’s rights under this Agreement or the Pooling and Servicing Agreement. For purposes of this Additional Termination Event, Party B shall be the sole Affected Party.

Appears in 2 contracts

Samples: Master Agreement (HarborView 2007-3), Master Agreement (HarborView 2007-1)

Modification of Pooling and Servicing Agreement. The Pooling and Servicing Agreement is modified without the prior written consent of Party A, where such consent is required under the terms of the Pooling and Servicing Agreement, and Agreement such modification has a material adverse effect on Party A. A’s rights under this Agreement or the Pooling and Servicing Agreement. For purposes of this Additional Termination Event, Party B shall be the sole Affected Party.

Appears in 2 contracts

Samples: Master Agreement (HarborView 2007-5), Master Agreement (HarborView 2007-5)

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Modification of Pooling and Servicing Agreement. The Pooling and Servicing Agreement (as defined below) is modified without the prior written consent of Party A, where such consent is required under the terms of the Pooling and Servicing Agreement, Agreement and such modification has a material adverse effect on Party A. A’s rights under this Agreement or the Pooling and Servicing Agreement. For purposes of this Additional Termination Event, Party B shall be the sole Affected Party.

Appears in 1 contract

Samples: Master Agreement (Home Equity Loan Trust 2007-Fre1)

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