Common use of Transfer, Amendment and Assignment Clause in Contracts

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor’s Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc (“S&P”), M▇▇▇▇’▇ Investors Service, Inc. (“Moody’s”) and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class I-A, Class II-A, Class III-A-1, Class III-A-2, Class III-A-3, Class III-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates (the “Certificates”).

Appears in 1 contract

Sources: Rate Swap Transaction (Hasco 2006-Opt3)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of ▇▇▇▇▇’▇ Investor Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc Inc. (“S&P”), M▇▇▇▇’▇ Investors Service) and Fitch, Inc. (“Moody’s”) and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any of the Class IA-AIO, Class II-A, Class III-A-1, Class III-A-2, Class III-A-3, Class III-A-4, Class A-5, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, M-9 and Class M-10 and Class M-11 Certificates (collectively, the “Certificates).

Appears in 1 contract

Sources: Rate Cap Transaction (HSI Asset Securitization CORP Trust 2006-Wmc1)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of ▇▇▇▇▇'▇ Investor Service, Inc. ("Moody's"), Standard & Poor’s 's Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc Inc. ("S&P”), M▇▇▇▇’▇ Investors Service") and Fitch, Inc. (“Moody’s”) and Fitch Ratings (“"Fitch"), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any of the Class Il-A, Class II-AA1, Class IIIII-A-1A2, Class IIIII-A-2A3, Class IIIII-A-3, Class III-A-4A4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and or Class M-11 Certificates (collectively the "LIBOR Certificates" ).

Appears in 1 contract

Sources: Rate Cap Transaction (HASCO Trust 2005-Nc2)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor’s Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc (“S&P”), M▇▇▇▇’▇ Investors Service, Inc. (“Moody’s”) and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any of the Class IA-AIO, Class II-A, Class III-A-1, Class III-A-2, Class III-A-3, Class III-A-4, Class A-5, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, M-9 and Class M-10 and Class M-11 Certificates (collectively, the “Certificates”).

Appears in 1 contract

Sources: Rate Swap Transaction (HSI Asset Securitization CORP Trust 2006-Wmc1)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor’s Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc (“S&P”), M▇▇▇▇’▇ Investors Service, Inc. (“Moody’s”) and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class A-IO, Class I-A, Class II-A, Class III-A-1, Class IIIII-A-2, Class IIIII-A-3, Class IIIII-A-4, Class II-A-5, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates (the “Certificates”).

Appears in 1 contract

Sources: Rate Swap Transaction (First Franklin Mortgage Loan Trust 2006-Ff5)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of ▇▇▇▇▇’▇ Investor Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc Inc. (“S&P”), M▇▇▇▇’▇ Investors Service) and Fitch, Inc. (“Moody’s”) and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any of the Class A-IO, Class I-A, Class II-A, Class III-A-1, Class IIIII-A-2, Class IIIII-A-3, Class IIIH-A-4, Class M-1M-l, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, M-9 and Class M-10 and Class M-11 Certificates (collectively the “LIBOR Certificates”).

Appears in 1 contract

Sources: Rate Cap Transaction (Hsi Asset Securitization Corp)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of ▇▇▇▇▇'▇ Investor Service, Inc. ("Moody's"), Standard & Poor’s 's Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc Inc. ("S&P"), M▇▇▇▇’▇ Investors Serviceand Fitch, Inc. (“Moody’s”"Fitch") and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class I-A, Class II-A, Class III-A-1, Class III-A-2, Class III-A-3, Class III-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class class M-8, Class M-9, Class M-10 and Class M-11 Certificates (the "Certificates").

Appears in 1 contract

Sources: Rate Cap Transaction (HASCO Trust 2005-Nc2)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of ▇▇▇▇▇’▇ Investor Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc Inc. (“S&P”), M▇▇▇▇’▇ Investors Service) and Fitch, Inc. (“Moody’s”) and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any of the Class A-IO, Class I-A, Class II-A, Class IIIII-A-1, Class IIIII-A-2, Class IIIII-A-3, Class IIIII-A-4, Class II-A-5, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates (collectively the “Certificates).

Appears in 1 contract

Sources: Rate Cap Transaction (First Franklin Mortgage Loan Trust 2006-Ff5)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor’s Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc (“S&P”), M▇▇▇▇’▇ Investors Service, Inc. (“Moody’s”) and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any of the Class I-AA-1, Class I-A-2, Class II-A, Class III-A-1, Class IIIII-A-2, Class IIIII-A-3, Class IIIII-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, M-9 and Class M-10 and Class M-11 Certificates (collectively, the “Certificates”).

Appears in 1 contract

Sources: Rate Swap Transaction (First Franklin Mortgage Loan Trust 2006-Ff11)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of ▇▇▇▇▇’▇ Investor Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc Inc. (“S&P”), M▇▇▇▇’▇ Investors Service) and Fitch, Inc. (“Moody’s”) and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any of the Class I-AA-1, Class I-A-2, Class II-A, Class III-A-1, Class IIIII-A-2, Class IIIII-A-3, Class IIIII-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, M-9 and Class M-10 and Class M-11 Certificates (collectively, the “Certificates).

Appears in 1 contract

Sources: Rate Cap Transaction (First Franklin Mortgage Loan Trust 2006-Ff11)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of M▇▇▇▇’▇ Investor Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc Inc. (“S&P”), M▇▇▇▇’▇ Investors Service) and Fitch, Inc. (“Moody’s”) and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any of the Class I-A, Class II-A, Class III-A-1, Class III-A-2, Class III-A-3, Class III-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates (collectively the “LIBOR Certificates).

Appears in 1 contract

Sources: Rate Cap Transaction (Hasco 2006-Opt3)

Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor’s Ratings Service, a division of The M▇▇▇▇▇-▇▇▇▇ Companies, Inc (“S&P”), M▇▇▇▇’▇ Investors Service, Inc. (“Moody’s”) and Fitch Ratings (“Fitch”), has been provided notice of the same and confirms in writing (including by facsimile transmission) within five Business Days after such notice is given that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of the Class A-IO, Class I-A, Class II-A, Class III-A-1, Class IIIII-A-2, Class IIIII-A-3, Class IIIII-A-4, Class M-1M-l, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, M-9 and Class M-10 and Class M-11 Certificates (the “Certificates”).

Appears in 1 contract

Sources: Rate Swap Transaction (Hsi Asset Securitization Corp)