Common Contracts

FIRST AMENDMENT AGREEMENT

First Amendment Agreement • May 13th, 2010 • New York

• Contract Type
  First Amendment Agreement
• Filed
  May 13th, 2010
• Jurisdiction
  New York

This FIRST AMENDMENT AGREEMENT (this “Agreement”), dated as of May 14, 2010 (the “Amendment Effective Date”), is by and among RFC Asset Holdings II, LLC, a Delaware limited liability company (“RAHI”), Passive Asset Transactions, LLC, a Delaware limited liability company (“PATI”); Residential Capital, LLC, a Delaware limited liability company (“ResCap”), Residential Funding Company, LLC, a Delaware limited liability company (“RFC”), and GMAC Mortgage, LLC, a Delaware limited liability company (“GMAC Mortgage”), Equity Investment I, LLC, a Delaware limited liability company (“Equity I”) and each other Person party hereto as a “Grantor” (RAHI, PATI, ResCap, GMAC Mortgage, RFC, Equity I and each other such Person, together with any of their respective successors and assigns, each a “Grantor” and collectively, the “Grantors”); and Ally Financial Inc. (f/k/a GMAC Inc.), a Delaware corporation (“Secured Party” or “Ally Financial”).