Removal of Trust Administrator. So long as any Notes are Outstanding, the Issuer shall not remove the Trust Administrator without cause unless the Issuer has received a letter from each Rating Agency to the effect that such removal will not cause the then current ratings on the Notes to be qualified, reduced or withdrawn.
Appears in 7 contracts
Samples: Indenture (Indymac Abs Inc), Indenture (Asset Backed Sec Corp Fieldstone Mort Inv Tr Ser 2004-2), Indenture (Indymac MBS Inc)
Removal of Trust Administrator. So long as any Notes are Outstanding, the Issuer shall not remove the Trust Administrator without cause unless the Issuer has received a letter from each Rating Agency to the effect that such removal will not cause the then then-current ratings on the Notes to be qualified, reduced or withdrawn.
Appears in 6 contracts
Samples: Indenture (Fieldstone Mortgage Investment CORP), Indenture (Fieldstone Mortgage Investment CORP), Indenture (NYMT Securities CORP)
Removal of Trust Administrator. So long as any Notes are Outstanding, the Issuer Issuing Entity shall not remove the Trust Administrator without cause unless the Issuer Issuing Entity has received a letter from each Rating Agency to the effect that such removal will not cause the then then-current ratings on the Notes to be qualified, reduced or withdrawn.
Appears in 2 contracts
Samples: Indenture (Fieldstone Mortgage Investment CORP), Indenture (SunTrust Mortgage Securitization, LLC)
Removal of Trust Administrator. So long as any Notes are Outstanding, the Issuer shall not remove the Trust Administrator without cause unless the Issuer has received a letter from each Rating Agency to the effect that Condition shall have been satisfied in connection with such removal will not cause and the then current ratings on Indenture Trustee receives written notice of the Notes to be qualified, reduced or withdrawnforegoing and consents thereto.
Appears in 2 contracts
Samples: Indenture (SSB Vehicle Securities Inc), Indenture (SSB Vehicle Securities Inc SSB Auto Loan Trust 2002-1)
Removal of Trust Administrator. So long as any Notes Securities are Outstanding, the Issuer shall not remove the Trust Administrator without cause unless the Issuer has received a letter from each Rating Agency to the effect that such removal will not cause the then current ratings on the Notes Securities to be qualified, reduced or withdrawn.
Appears in 1 contract
Samples: Indenture (Merrill Lynch Mort Inv Fieldstone Mort Inv Tr Ser 2004-1)
