Waiver, Amendments, Etc. Except as provided in and in accordance with the Operative Documents, neither the Seller nor the Depositor shall modify, waive or amend, or consent to any modification, waiver or amendment of, any of the terms, provisions or conditions of the Operative Documents to which it is a party (other than any amendment to the Offering Documents required by law) without the prior written consent of the Certificate Insurer thereto, which consent shall not be unreasonably withheld, conditioned or delayed.
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Samples: Insurance and Indemnity Agreement (Bayview Financial Mortgage Pass-Through Certificates, Series 2005-B), Insurance and Indemnity Agreement (Bayview Financial Mortage Pass-Through Trust 2005-D)
Waiver, Amendments, Etc. Except as provided in and in accordance with the Operative Documents, neither the Seller nor the Depositor shall not modify, waive or amend, or consent to any modification, waiver or amendment of, any of the terms, provisions or conditions of the Operative Documents to which it is a party (other than any amendment to the Offering Documents required by law) without the prior written consent of the Certificate Insurer thereto, which consent shall not be unreasonably withheld, conditioned or delayed.
Appears in 2 contracts
Samples: Insurance and Indemnity Agreement (Indymac MBS Inc), Insurance and Indemnity Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H1)
Waiver, Amendments, Etc. Except as provided in and in accordance with the Operative Documents, neither the Seller Seller, Xxxxx Fargo, the Depositor nor the Depositor Issuer shall modify, waive or amend, or consent to any modification, waiver or amendment of, any of the terms, provisions or conditions of the Operative Documents to which it is a party (other than any amendment to the Offering Documents Document required by law) without the prior written consent of the Class IIA Certificate Insurer thereto, which consent shall not be unreasonably withheld, conditioned or delayed.
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