Examples of Specified Amendment in a sentence
Such summary shall set forth a brief description of the reasons for, and the effect of, such waiver, modification or variance, and shall indicate whether such waiver, modification or variance constitutes a Specified Amendment.
Moody’s may, at its option, re-determine the credit estimate of any such Collateral Obligation which is subject to a Specified Amendment.
Such summary shall set forth a brief description of the reasons for, and the effect of, such Specified Amendment.
If the Servicer does not elect to have such Loan re-rated by S&P, then such Loan shall be deemed to be a Delinquent Loan as of the date that is 60 days after the effective date of the relevant Specified Amendment; provided that such Loan shall cease to be deemed a Delinquent Loan as of such later date as it may be submitted to S&P for re-rating.
Subject to the foregoing, the Collateral Manager may, on behalf of the Issuer, agree to any Specified Amendment with respect to any Collateral Obligation in accordance with the Collateral Management Agreement.