Common use of Operating Agreement; Sale Agreement Clause in Contracts

Operating Agreement; Sale Agreement. Except with respect to the 2009 Restructuring and solely to the extent effectuated prior to the New Effective Date, neither the New Parent, the Seller, the 2007-A/LLC nor any REO Asset Owner will amend, modify, waive or terminate any provision of its operating agreement or the Sale Agreement without the prior written consent of the Administrative Agent.

Operating Agreement; Sale Agreement. Except with respect to the 2009 Restructuring and solely to the extent effectuated prior to the New Effective Date, neither the New Parent, the Seller, the Seller nor 2007-A/LLC nor any REO Asset Owner will amend, modify, waive or terminate any provision of its operating agreement or the Sale Agreement without the prior written consent of the Administrative Agent.