Common use of Amendment of the Indenture Clause in Contracts

Amendment of the Indenture. Party B will not, without the prior written consent of Party A, amend or otherwise modify the Indenture or adopt a supplemental indenture in any manner that would adversely and materially affect: (i) the rights of Party A under the Indenture or this Agreement, (ii) the obligations of Party A under this Agreement or (iii) any term used herein and defined in the Indenture or any component thereof. Party B will provide at least 15 Business Days' prior written notice to Party A of any proposed amendment or modification to the Indenture.

Appears in 2 contracts

Sources: Isda Master Agreement (Merrill Auto Trust Securitization 2008-1), Isda Master Agreement (Merrill Auto Trust Securitization 2007-1)