EXHIBIT 4.2
EXECUTION COPY
AMENDMENT XX. 0
XXXXXXXXX XX. 0, dated as of November 25, 2008 (the "Amendment"), to
the Pooling and Servicing Agreement, dated as of March 1, 2008 (the "Pooling and
Servicing Agreement"), is among BCAP LLC, a Delaware limited liability company
(the "Depositor"), XXXXX FARGO BANK, N.A., a national banking association (the
"Master Servicer and Securities Administrator"), DEUTSCHE BANK NATIONAL TRUST
COMPANY, a national banking association (the "Custodian"), and HSBC BANK USA,
NATIONAL ASSOCIATION, a national banking association (the "Trustee and
Supplemental Interest Trust Trustee").
RECITALS
WHEREAS, the parties hereto have entered into the Pooling and
Servicing Agreement relating to the BCAP LLC Trust 2008-IND2;
WHEREAS, the parties hereto desire to modify the Pooling and
Servicing Agreement as set forth in this Amendment;
NOW, THEREFORE, in consideration of the premises and for other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:
1. Defined Terms. Unless otherwise defined herein, terms defined in
the Pooling and Servicing Agreement are used herein as therein defined.
2. Amendments.
The definition of "Supplemental Interest Trust Account Deposit
Amount" in Section 1.01 of the Pooling and Servicing Agreement is hereby amended
and restated as follows:
Supplemental Interest Trust Account Deposit Amount: With respect to
any Distribution Date, an amount, if any, equal to the lesser of (i) the Class
A-1 Calculated Interest Amount for such Distribution Date and (ii) the Total Net
Swap Payment for such Distribution Date, in each case, less any remaining
amounts in the Supplemental Interest Trust Account immediately prior to such
Distribution Date.
3. Ratification of Agreement. Except as modified and expressly
amended by this Amendment, the Pooling and Servicing Agreement is in all
respects ratified and confirmed, and all the terms, provisions and conditions
thereof shall be and remain in full force and effect.
4. Counterparts. This Amendment may be executed by one or more of
the parties hereto on any number of separate counterparts and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument. Delivery of an executed counterpart of a signature page of this
Agreement in Portable Document Format (PDF) or by facsimile transmission shall
be effective as delivery of a manually executed original counterpart of this
Agreement.
5. Governing Law. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE
WITH AND GOVERNED BY THE SUBSTANTIVE LAWS OF THE STATE OF NEW YORK APPLICABLE TO
AGREEMENTS MADE AND TO BE PERFORMED IN THE STATE OF NEW YORK AND THE
OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HERETO AND THE
CERTIFICATEHOLDERS SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.
[Signature Pages Follow]
IN WITNESS WHEREOF, the parties hereto have caused their names to be
signed hereto by their respective officers thereunto duly authorized as of the
day and year first above written.
BCAP LLC,
as Depositor
By: /s/ Xxxxxx Xxxxxxxx
----------------------------------
Name: Xxxxxx Xxxxxxxx
Title: CFO and Vice President
XXXXX FARGO BANK, N.A., as Master
Servicer and Securities
Administrator
By: /s/ Xxxxx Xxxxxxx
--------------------------------------
Name: Xxxxx Xxxxxxx
Title: Officer (AVP)
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Custodian
By: /s/ Xxxxx X. Xxxxxxx
--------------------------------------
Name: Xxxxx X. Xxxxxxx
Title: Director
By: /s/ Xxx Xxxxxxx
--------------------------------------
Name: Xxx Xxxxxxx
Title: Assistant Vice President
HSBC BANK USA, NATIONAL ASSOCIATION,
as Trustee and Supplemental
Interest Trustee
By: /s/ Xxxxxxxxx Xxxxx
--------------------------------------
Name: Xxxxxxxxx Xxxxx
Title: Vice President
ACKNOWLEDGED AND AGREED:
BARCLAYS BANK PLC, as
Swap Provider
By: /s/ Xxx Xxxxx
----------------------
Name: Xxx Xxxxx
Title: Director
