Trustee To Act Solely with Consent of the Certificate Insurer Sample Clauses

Trustee To Act Solely with Consent of the Certificate Insurer. Unless a Certificate Insurer Default has occurred and is continuing, the Trustee shall not: (a) agree to any amendment pursuant to Section 12.01; or (b) undertake any litigation pursuant to Section 8.02(a)(iii); without the prior written consent of the Certificate Insurer which consent shall not be unreasonably withheld.
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Trustee To Act Solely with Consent of the Certificate Insurer. Unless a Certificate Insurer Default exists, the Trustee shall not, without the Certificate Insurer's consent or unless directed by the Certificate Insurer: (a) terminate the rights and obligations of the Servicer as Servicer pursuant to Section 7.01 hereof; (b) agree to any amendment pursuant to Section 10.03 hereof; or (c) undertake any litigation. The Certificate Insurer may, in writing and in its sole discretion renounce all or any of its rights under Sections 7.04, 7.05 or 7.06 or any requirement for the Certificate Insurer's consent for any period of time.
Trustee To Act Solely with Consent of the Certificate Insurer. Unless a Certificate Insurer Default exists, the Trustee shall not, without the Certificate Insurer’s consent or unless directed by the Certificate Insurer: (a) terminate the rights and obligations of the Servicer as Servicer pursuant to Section 8.01 hereof; (b) agree to any amendment pursuant to Article XI hereof; provided, however, that, to the extent provided in Article XI, such consent shall not be unreasonably withheld; or (c) undertake any litigation. The Certificate Insurer may, in writing and in its sole discretion renounce all or any of its rights under Section 8.04, 8.05 or 8.06 or any requirement for the Certificate Insurer’s consent for any period of time.
Trustee To Act Solely with Consent of the Certificate Insurer. Unless a Certificate Insurer Default exists, the Trustee shall not, without the Certificate Insurer's consent or unless directed by the Certificate Insurer: (a) terminate the rights and obligations of the Servicer as Servicer pursuant to Section 8.20 hereof; (b) agree to any amendment pursuant to Section 11.14 hereof; or (c) undertake any litigation. END OF ARTICLE XII
Trustee To Act Solely with Consent of the Certificate Insurer. Unless a Certificate Insurer Default exists, the Trustee shall not: (i) agree to any amendment to this Agreement; or (ii) undertake any litigation pursuant to or in connection with this Agreement; or (iii) terminate or assume any Sub-Servicing Agreement pursuant to this Agreement; without the prior written consent of the Certificate Insurer which consent shall not be unreasonably withheld; provided, however, if a Certificate Insurer Default occurs hereunder, the Trustee shall act hereunder without Certificate Insurer consent.
Trustee To Act Solely with Consent of the Certificate Insurer. Unless an Insurer Default has occurred and is continuing, the Trustee shall not: (a) agree to any amendment pursuant to Section 12.01; provided, however, that in the event that an Insurer Default has occurred and is continuing, the Certificate Insurer's consent shall be required for an amendment that would affect the Certificate Insurer's right to reimbursement; or (b) undertake any litigation pursuant to Section 8.02(a)(iii); without the prior written consent of the Certificate Insurer which consent shall not be unreasonably withheld.
Trustee To Act Solely with Consent of the Certificate Insurer. (a) Unless a Certificate Insurer Default exists, neither the Trustee nor the Trust Administrator shall: (i) terminate the rights and obligations of the Servicer as Servicer pursuant to Section 7.01 or consent to the resignation of the Servicer pursuant to Section 6.04; (ii) terminate any Sub-Servicing Agreements pursuant to Section 3.03; (iii) assume any Sub-Servicing Agreements pursuant to Section 3.06; or (iv) undertake any litigation pursuant to either Section 7.05 or 8.02(a)(iii); without the prior written consent of the Certificate Insurer. (b) Notwithstanding anything herein to the contrary, after the occurrence of a Servicer Default and until such time as all Servicer Defaults have been cured, no provision of this Agreement shall require the Trustee or the Trust Administrator to take any action or omit to take any action at the request of the Certificate Insurer or any Certificateholder to the extent the Trustee or Trust Administrator believes in good faith such action or omission would cause the Trustee or the Trust Administrator to violate any law or regulation applicable to it or to breach their respective obligations owed by it to the Certificateholders and to the Certificate Insurer, pursuant to this Agreement or otherwise.
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Trustee To Act Solely with Consent of the Certificate Insurer. Unless a Certificate Insurer Default exists, the Trustee shall not, without the Certificate Insurer's consent or unless directed by the Certificate Insurer: (a) terminate the rights and obligations of the Master Servicer as Master Servicer pursuant to Section 7.01; (b) agree to any amendment pursuant to Article X; PROVIDED, HOWEVER, that such consent shall not be unreasonably withheld; or -------- ------- (c) undertake any litigation on behalf of the Certificateholders or the Trust Fund. The Certificate Insurer may, in writing and in its sole discretion renounce all or any of its rights under Section 7.04, 7.05 or 7.06 or any requirement for the Certificate Insurer's consent for any period of time.
Trustee To Act Solely with Consent of the Certificate Insurer. Unless a Certificate Insurer Default Exists, the Trustee shall not: (a) terminate any subservicing agreements; (b) assume any subservicing agreement;
Trustee To Act Solely with Consent of the Certificate Insurer. Insurer Default exists, the Trustee shall not:
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