Common use of Amendments to the Servicing Agreement Clause in Contracts

Amendments to the Servicing Agreement. The parties to the Servicing Agreement hereby agree to amend the Servicing Agreement as follows: (a) Section 4.04(viii) is hereby amended by replacing the reference to “Section 3.03” with “Section 3.02”; (b) Section 4.05(vi) is hereby amended by replacing the reference to “Section 3.03” with “Section 3.02”; (c) Notwithstanding any provision of the Agreement to the contrary, any reports required to be delivered by the Servicer pursuant to the terms of the Agreement with respect to the February 2006 Remittance Date shall be due on February 15, 2006; provided, however, such reports shall not be due unless and until the Servicer has received direction from the Depositor as to the resolution of any discrepancies in collections on the Specified Mortgage Loans necessary to deliver such reports.

Appears in 3 contracts

Sources: Assignment, Assumption and Recognition Agreement (J.P. Morgan Alternative Loan Trust 2006-A1), Assignment, Assumption and Recognition Agreement (J.P. Morgan Alternative Loan Trust 2006-S1), Assignment, Assumption and Recognition Agreement (J.P. Morgan Alternative Loan Trust 2006-A1)