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 Transaction shall be permitted by either party unless each of Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc ("S&P"), Xxxxx'x Investors Service, Inc. ("Xxxxx'x") and Xxxxx Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 Certificates (the "Certificates").

Appears in 1 contract

Samples: Rate Cap Transaction (RALI Series 2006-Qs2 Trust)

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Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc ("S&P"), Xxxxx'x Investors Service, Inc. ("Xxxxx'x") and Xxxxx Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 1A-10 Certificates (the "Certificates").

Appears in 1 contract

Samples: Rate Cap Transaction (RALI Series 2006-Qs2 Trust)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc Inc. ("S&P"), Xxxxx'x Investors Service, Inc. ("Xxxxx'xMoody's") and Xxxxx Fitch Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 Certificates Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2005-WLL1 (the "Certificates").

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2005-Wll1)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's ’s Ratings Service, a division of The XxXxxxMxXxxx-Xxxx Companies, Inc Inc. ("S&P"), Xxxxx'x Mxxxx’x Investors Service, Inc. ("Xxxxx'x"“Moody’s”) and Xxxxx Fitch Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 Certificates Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2005-WHQ3 (the "Certificates").

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Park Place Securities Inc. Asset Backed Pass Through Certificates Series 2005-Whq3)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Xxxxx'x Investor Service, Inc. ("Moody's"), Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc Inc. ("S&P"), Xxxxx'x Investors Serviceand Fitch, Inc. ("Xxxxx'xFitch") and Xxxxx Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 l-A Certificates (the "Certificates").

Appears in 1 contract

Samples: Rate Cap Transaction (HASCO Trust 2005-Nc2)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc ("S&P"), Xxxxx'x Investors Service, Inc. ("Xxxxx'x") and Xxxxx Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 1A-17 Certificates (the "Certificates").

Appears in 1 contract

Samples: Rate Cap Transaction (RALI Series 2006-Qs2 Trust)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's ’s Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc Inc. ("S&P"), Xxxxx'x Xxxxx’x Investors Service, Inc. ("Xxxxx'x"“Moody’s”) and Xxxxx Fitch Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 Certificates Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R8 (the "Certificates").

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R8)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc Inc. ("S&P"), Xxxxx'x Investors Service, Inc. ("Xxxxx'xMoody's") and Xxxxx Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 Certificates Home Equity Mortgage Loan Asset-Backed Certificates, Series INABS 2005-C (the "Certificates").

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset-Backed Trust, Series INABS 2005-C)

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Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's ’s Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc Inc. ("S&P"), Xxxxx'x Xxxxx’x Investors Service, Inc. ("Xxxxx'x"“Moody’s”) and Xxxxx Fitch Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 Certificates Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R5 (the "Certificates").

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R5)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's ’s Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc Inc. ("S&P"), Xxxxx'x Xxxxx’x Investors Service, Inc. ("Xxxxx'x"“Moody’s”) and Xxxxx Fitch Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 Certificates Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R4 (the "Certificates").

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Asset-Backed Pass-Through Certificates, Series 2005-R4)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's ’s Ratings Service, a division of The XxXxxxMxXxxx-Xxxx Companies, Inc Inc. ("S&P"), Xxxxx'x Mxxxx’x Investors Service, Inc. ("Xxxxx'x"“Moody’s”) and Xxxxx Fitch Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 Certificates Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2005-WHQ4 (the "Certificates").

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2005-Whq4)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc Inc. ("S&P"), Xxxxx'x Investors Service, Inc. ("Xxxxx'xMoody's") and Xxxxx Fitch Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 Certificates Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2005-WCW2 (the "Certificates").

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2005-Wcw2)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's ’s Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc Inc. ("S&P"), Xxxxx'x Xxxxx’x Investors Service, Inc. ("Xxxxx'x"“Moody’s”) and Xxxxx Fitch Ratings ("Fitch"), (the "Rating Agencies"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class 1A-14 Certificates Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R7 (the "Certificates").

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R7)

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