Section 2.1 and Subsection 2. 1(a) of the First Amendment are hereby amended and restated in their entirety as follows:
Section 2.1 and Subsection 2 Sample Clauses
Related to Section 2.1 and Subsection 2
Section 2 8.2 of the Credit Agreement is hereby amended and restated in its entirety as follows:
Section 3 Trustee's Good Faith Action, Expert Advice, No Bond or Surety................................... 15 Section 4. Insurance..................................................... 15
Section 4 04 Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.......................................................65 Section 4.05 Allocation of Realized Losses.........................................66 Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property.........66 Section 4.07 Optional Purchase of Defaulted Mortgage Loans.........................67 Section 4.08 Surety Bond...........................................................67
Section 12 2. No Payment When Senior Debt in Default; Payment Over of Proceeds Upon Dissolution, Etc........61 Section 12.3. Payment Permitted If No Default...............................................................62 Section 12.4. Subrogation to Rights of Holders of Senior Debt...............................................63 Section 12.5. Provisions Solely to Define Relative Rights...................................................63 Section 12.6.
Section 11 Section 1.1 of the Credit Agreement is hereby amended by adding thereto the following defined terms and their respective definitions in the correct alphabetical order:
Section 1 02. The determination as to the application of amounts collected in respect of any Mortgage Loan, in the absence of express provisions in the related Loan Documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.
Subsection 5(f) of the Termination Agreement is hereby deleted in its entirety, and replaced with a new subsection 5(f) to read in its entirety as follows:
SECTION 102 Compliance Certificates and Opinions...........................7 SECTION 103. Form of Documents Delivered to Trustee.........................8 SECTION 104. Acts of Holders................................................9
Section 14 Term of Agreement; Resignation and Removal of Administrator; Waiver of Past Defaults.........................................8 Section 15. Action upon Termination, Resignation or Removal.................9 Section 16. Notices........................................................10 Section 17. Amendments.....................................................10 Section 18. Successors and Assigns.........................................10 Section 19.
SECTION 112 Governing Law..................................................14 SECTION 113. Legal Holidays.................................................14
