Common use of Amendments to the Servicing Agreement Clause in Contracts

Amendments to the Servicing Agreement. The Servicing Agreement is hereby amended as follows: (a) Section 1.01. Section 1.01 of the Servicing Agreement is amended by: i. Deleting the definition of "Additional Collateral" and replacing it with the following: "ADDITIONAL COLLATERAL means, with respect to any Mortgage 100 Loan or Parent Power Mortgage Loan, the marketable securities subject to a security interest pursuant to the related Mortgage 100 Pledge Agreement or the Parent Power Guaranty and Security Agreement for Securities Account."

Appears in 4 contracts

Sources: Amendment Agreement (Merrill Lynch Mort Invest Inc MLCC 2003-B Mort Ps THR Cert), Amendment Agreement (Merrill Lynch Mortgage Investors Inc), Amendment Agreement (Merrill Lynch Mortgage Investors Inc)

Amendments to the Servicing Agreement. The Servicing Agreement is hereby amended as follows: (a) Section 1.01. Section 1.01 of the Servicing Agreement is amended by: i. Deleting the definition of "Additional Collateral" and replacing it with the following: "ADDITIONAL COLLATERAL “Additional Collateral means, with respect to any Mortgage 100 Loan or Parent Power Mortgage Loan, the marketable securities subject to a security interest pursuant to the related Mortgage 100 Pledge Agreement or the Parent Power Guaranty and Security Agreement for Securities Account."

Appears in 2 contracts

Sources: Portfolio Servicing Agreement (PHH Corp), Servicing Rights Purchase and Sale Agreement (PHH Corp)