Modification of Series Transaction Documents. Not amend or otherwise modify, without the consent of the Administrative Agent (which consent shall only be given by the Administrative Agent at the direction of the Required Lenders at their sole discretion), any of the Series Transaction Documents relating to any FSA Series, any Designated Series or any Series relating to Shared Collateral to which it is a party which (i) if the Notes are not rated at least "BBB-" by S&P or if there exists any Borrowing Base Deficiency, impairs or adversely affects the value of the Revolver Collateral or the Shared Collateral, (ii) permits the creation of any Lien ranking prior to or on a parity with the Lien of the Security Agreement with respect to any of the Revolver Collateral or the Lien of the Master Collateral and Intercreditor Agreement with respect to any of the Shared Collateral, other than as permitted by the Transaction Documents, (iii) terminates the Lien of the Lender Collateral Agent on the Revolver Collateral or the Lien of the Master Collateral Agent on the Shared Collateral or deprives the Lenders of the security afforded by the Lien of the Security Agreement or the Lien of the Master Collateral and Intercreditor Agreement, (iv) if the Notes are not rated at least "BBB-" by S&P or if there exists any Borrowing Base Deficiency, increases the amount of payments with respect to or accelerates the scheduled maturity of any FSA Series, or (v) cross-collateralizes any Designated Series with any Series which is not a Designated Series or amends the Spread Account Agreement to provide that amounts released from the spread accounts are payable to any person other than AFS Funding Trust, provided that the foregoing shall not prohibit ACFS from amending any of the Series Transaction Documents relating to an FSA Series to delete or otherwise reduce or make less likely to occur the events that constitute trigger events and events of default under the agreements pursuant to which FSA has insured the FSA Series.
Modification of Series Transaction Documents. Not amend or otherwise modify, without the consent of the Administrative Agent (which consent may be given by the Administrative Agent at the direction of the Required Lenders at their sole discretion), any of the Series Transaction Documents relating to any FSA Series to which it is a party which amendment or modification could adversely affect any of the Lenders or the Administrative Agent, including, without limitation, any amendment or modification, which (i) impairs or adversely affects the value of the Borrower Collateral or the RCCA Collateral, (ii) permits the creation of any Lien ranking prior to or on a parity with the Lien of the Security Agreement with respect to any of the Borrower Collateral or the Lien of the RCCA Agreement with respect to any of the RCCA Collateral, other than as permitted by the Transaction Documents, (iii) terminates the Lien of the Lender Collateral Agent on the Borrower Collateral or the Lien of the RCCA Agent on the RCCA Collateral or deprives the Lenders of the security afforded by the Lien of the Security Agreement or the Lien of the RCCA Agreement, or (iv) increases the amount of payments with respect to or accelerates the scheduled maturity date of any FSA Series.
