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 Xxxxx’x Investor Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc. (“S&P”) and Fitch, Inc. (“Fitch”), 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 any of the Class I-A-1, Class I-A-2, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates (collectively, the “Certificates” ).

Appears in 1 contract

Samples: Rate Cap Transaction (First Franklin Mortgage Loan Trust 2006-Ff11)

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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 Xxxxx’x Investor Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Service, a division of The XxXxxxMxXxxx-Xxxx Companies, Inc. Inc (“S&P”), Mxxxx’x Investors Service, Inc. (“Moody’s”) and Fitch, Inc. Fitch Ratings (“Fitch”), 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 any of the Class I-A, Class II-A, Class III-A-1, Class IIII-A-2, Class II-A-1, Class II-A-2, Class IIIII-A-3, Class IIIII-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 M-9, Class M-10 and Class M-10 M-11 Certificates (collectively, the “Certificates).

Appears in 1 contract

Samples: Rate Swap Transaction (Hasco 2006-Opt3)

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 Service, Inc. (“Moody’s”) and Fitch, Inc. Fitch Ratings (“Fitch”), 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 any of the Class IA-A-1IO, Class I-A-2A, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class M-1M-l, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates (collectively, the “Certificates).

Appears in 1 contract

Samples: Rate Swap Transaction (Hsi Asset Securitization Corp)

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 Service, Inc. (“Moody’s”) and Fitch, Inc. Fitch Ratings (“Fitch”), 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 any of the Class IA-A-1IO, Class I-A-2A, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class II-A-5, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 M-9, Class M-10 and Class M-10 M-11 Certificates (collectively, the “Certificates).

Appears in 1 contract

Samples: Rate Swap Transaction (First Franklin Mortgage Loan Trust 2006-Ff5)

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. (“S&P”) and Fitch, Inc. (“Fitch”), 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 any of the Class IA-A-1IO, Class I-A-2A, Class II-A-1, Class II-A-2, Class II-A-3, Class IIH-A-4, Class M-1M-l, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates (collectively, collectively the “LIBOR Certificates).

Appears in 1 contract

Samples: Rate Cap Transaction (Hsi Asset Securitization Corp)

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. (“S&P”) and Fitch, Inc. (“Fitch”), 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 any of the Class IA-A-1IO, Class I-A-2A, Class II-A, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class II-A-5, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 M-9, Class M-10 and Class M-10 M-11 Certificates (collectively, collectively the “Certificates” ).

Appears in 1 contract

Samples: Rate Cap Transaction (First Franklin Mortgage Loan Trust 2006-Ff5)

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 Xxxxx'x Investor Service, Inc. ("Moody’s”'s"), Standard & Poor’s 's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P”) "), and Fitch, Inc. ("Fitch”), ") 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 any of the Class I-A-1, Class I-A-2, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class class M-8, Class M-9 M-9, Class M-10 and Class M-10 M-11 Certificates (collectively, 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 Xxxxx’x Investor Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc. (“S&P”) and Fitch, Inc. (“Fitch”), 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 any of the Class IA-IO, Class A-1, Class I-A-2, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class A-5, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates (collectively, the “Certificates” ).

Appears in 1 contract

Samples: Rate Cap Transaction (HSI Asset Securitization CORP Trust 2006-Wmc1)

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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 Xxxxx’x Mxxxx’x Investor Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Service, a division of The XxXxxxMxXxxx-Xxxx Companies, Inc. (“S&P”) and Fitch, Inc. (“Fitch”), 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 any of the Class I-A, Class II-A, Class III-A-1, Class IIII-A-2, Class II-A-1, Class II-A-2, Class IIIII-A-3, Class IIIII-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 M-9, Class M-10 and Class M-10 M-11 Certificates (collectively, collectively the “LIBOR Certificates” ).

Appears in 1 contract

Samples: Rate Cap Transaction (Hasco 2006-Opt3)

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 Service, Inc. (“Moody’s”) and Fitch, Inc. Fitch Ratings (“Fitch”), 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 any of the Class I-A-1, Class I-A-2, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates (collectively, the “Certificates).

Appears in 1 contract

Samples: Rate Swap Transaction (First Franklin Mortgage Loan Trust 2006-Ff11)

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 Service, Inc. (“Moody’s”) and Fitch, Inc. Fitch Ratings (“Fitch”), 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 any of the Class IA-IO, Class A-1, Class I-A-2, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class A-5, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates (collectively, the “Certificates).

Appears in 1 contract

Samples: Rate Swap Transaction (HSI Asset Securitization CORP Trust 2006-Wmc1)

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 Xxxxx'x Investor Service, Inc. ("Moody’s”'s"), Standard & Poor’s 's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc. ("S&P") and Fitch, Inc. ("Fitch"), 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 any of the Class Il-A-1, Class I-A-2A, Class II-A-1A1, Class II-A-2A2, Class II-A-3A3, Class II-A-4A4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and M-9, Class M-10 or Class M-11 Certificates (collectively, collectively the "LIBOR Certificates" ).

Appears in 1 contract

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

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