Effective Date; Counterparts. The Authority has advised the Servicer and the Bond Issuer that it does not object to this Amendment to the Existing Servicing Agreement and has consented to the execution and delivery of this Amendment. In accordance with Section 7.01 of the Existing Servicing Agreement, this Amendment shall take effect upon receipt of the consent of the Bond Trustee hereto and the satisfaction of the Rating Agency Condition which shall be evidenced by delivery of a certificate of an Authorized Representative of the Authority that such Rating Agency Condition has been satisfied. This Amendment may be simultaneously executed in counterparts. Each such counterpart so executed shall be deemed to be an original, and all together shall constitute but one and the same instrument.
Appears in 2 contracts
Sources: Restructuring Property Servicing Agreement, Restructuring Property Servicing Agreement