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.
Appears in 9 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Ast Bk Fl Rte Cer Se 1996-5a), Pooling and Servicing Agreement (Salomon Bro Mort Sec Vii Inc as Bk Fix & Fl Rte Ce Se 1996-8)
Trustee To Act Solely with Consent of the Certificate Insurer. Unless a Certificate an 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); 115 without the prior written consent of the Certificate Insurer which consent shall not be unreasonably withheld.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (United Panam Financial Corp)
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; or101
(b) undertake any litigation pursuant to Section 8.02(a)(iii); or
(c) terminate the Servicer pursuant to Section 7.01 without the prior written consent of the Certificate Insurer which consent shall not be unreasonably withheld.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
Trustee To Act Solely with Consent of the Certificate Insurer. Unless a an 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.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Asset Backed Funding Corp)
Trustee To Act Solely with Consent of the Certificate Insurer. Unless a Certificate Insurer Default has occurred and is continuingexists, the Trustee shall not:
(ai) agree to any amendment pursuant to Section 12.01this Agreement; or
or (bii) undertake any litigation pursuant to Section 8.02(a)(iii)or in connection with this Agreement; without the prior written consent of the Certificate Insurer which consent shall not be unreasonably withheld.or
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Access Financial Lending Corp)
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)(iii8.02(a) (iii); without the prior written consent of the Certificate Insurer which consent shall not be unreasonably withheld.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Br Mor Sec Vii Inc New Cen Ast BCK Fl Rt Ce 1997 Nc2)
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); or
(c) terminate the Servicer pursuant to Section 7.01 without the prior written consent of the Certificate Insurer which consent shall not be unreasonably withheld.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
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); or
(c) terminate the Servicer pursuant to Section 7.01 without the prior written consent of the Certificate Insurer which consent shall not be unreasonably withheld.. 105
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
