Action by Trustee with Respect to Certain Matters. Subject to Section 7.15 and, in the case of an Underlying Securities Event of Default that has occurred and is continuing, Section 7.16, the Trustee shall not agree to any amendment, modification or supplement to the Underlying Securities.
Appears in 3 contracts
Sources: Trust Agreement (Corporate Asset Backed Corp), Trust Agreement (Corporate Asset Backed Corp), Trust Agreement (Corporate Asset Backed Corp Cabco Series 2004 1 Trust)