Common use of Transfer, Amendment and Assignment Clause in Contracts

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Agreement shall be permitted by either party unless each of Xxxxx'x, S&P and Fitch has been provided prior notice of the same and confirms in writing (including by facsimile transmission) that it will not downgrade, withdraw or otherwise modify its then-current ratings of any Certificates or Notes.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Ar1)

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Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Agreement Transaction shall be permitted by either party unless each of Xxxxx'x, S&P and Fitch Mxxxx'x has been provided prior notice of the same and each of S&P and Mxxxx'x confirms in writing (including by facsimile transmission) that it will not downgrade, qualify, withdraw or otherwise modify its then-current ratings rating of any Certificates or Notesthe Certificates.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2006-He1)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Agreement Transaction shall be permitted by either party unless each of Xxxxx'xMxxxx’x, S&P S&P, and Fitch has have been provided prior notice of the same and confirms in writing (including by facsimile transmission) that it will not downgrade, withdraw or otherwise modify its then-current ratings of any Certificates or NotesCertificates.

Appears in 1 contract

Samples: Master Agreement (Carrington Mortgage Loan Trust, Series 2007-He1)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Agreement Transaction shall be permitted by either party unless each of Xxxxx'x, S&P and Fitch Xxxxx’x has been provided prior notice of the same and each of S&P and Xxxxx’x confirms in writing (including by facsimile transmission) that it will not downgrade, qualify, withdraw or otherwise modify its then-current ratings rating of any Certificates or Notes.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Fre2)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Agreement Transaction shall be permitted by either party unless each of Xxxxx'xS&P, S&P Fitch and Fitch has Mxxxx’x have been provided prior notice of the same and confirms each of S&P, Fitch and Mxxxx’x confirm in writing (including by facsimile transmission) that it they will not downgrade, qualify, withdraw or otherwise modify its their then-current ratings rating of any Certificates or Notesthe Certificates.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-1)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Agreement Transaction shall be permitted by either party unless each of Xxxxx'xS&P, S&P and Fitch Xxxxx'x has been provided prior notice of the same and confirms in writing (including by facsimile transmission) after such notice is given that it will not downgrade, withdraw or otherwise modify its then-current ratings rating of any Certificates or Notesthe Securities.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust Series 2006-Bc4)

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Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Agreement Transaction shall be permitted by either party unless each of Xxxxx'x, S&P and Fitch Xxxxx’x has been provided prior notice of the same and each of S&P and Xxxxx’x confirms in writing (including by facsimile transmission) that it will not downgrade, qualify, withdraw or otherwise modify its then-current ratings rating of any the Certificates or Notes.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Fre2)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Agreement Transaction shall be permitted by either party unless each of Xxxxx'x, S&P and Fitch Xxxxx’x has been provided prior notice of the same and each of S&P and Xxxxx’x confirms in writing (including by facsimile transmission) that it will not downgrade, qualify, withdraw or otherwise modify its then-current ratings rating of any Certificates or Notesthe Certificates.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Am1)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Agreement Transaction shall be permitted by either party unless each of Xxxxx'x, S&P and Fitch Xxxxx’x has been provided prior notice of the same and each of S&P and Xxxxx’x confirms in writing (including by facsimile transmission) that it will not downgrade, qualify, withdraw or otherwise modify its then-current ratings rating of any Certificates or Notesthe Certificates.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2006-Fre1)

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