Amendment of Article XI Sample Clauses

Amendment of Article XI a. Section 11.1 of the Program Agreement is amended by adding the following new subparagraph (d):
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Amendment of Article XI. As currently written Article XI of the License Agreement reads as follows: "This License Agreement shall not be assigned by either party without the prior written consent of the other Party hereto; provided, however, that a change of control of the Licensee, or its Reorganization with or into a public company as provided in Article V, regardless of the form of the Reorganization, shall not be deemed an assignment for purposes of this License Agreement." As amended Article XI shall read as follows: "This License Agreement may be assigned by Licensee without the consent of the Licensor; provided, that (i) Licensee gives prior written notice of the assignment to Licensee, and (ii) the assignee agrees to assume and be bound by the obligations of Licensee under this License Agreement. Notwithstanding any such assignment, Licensor shall have the same participation rights in assignor or assignee, as the case may be, in connection with any Reorganization that precedes, accompanies or follows any such assignment or successive assignments by Licensee or any successor. For all purposes hereunder, a change of control of the Licensee, or its Reorganization with or into a public company as provided in Article V, regardless of the form of the Reorganization, shall be deemed an assignment for purposes of this License Agreement:
Amendment of Article XI. Notwithstanding any provision in this Agreement to the contrary, this Article XI shall not be modified or amended except with the prior written consent of Farmers Energy.

Related to Amendment of Article XI

  • Applicability of Article; Agreement to Subordinate The provisions of this Article XII shall be applicable to the Debt Securities of any series (Debt Securities of such series referred to in this Article XII as "Subordinated Debt Securities") designated, pursuant to Section 2.03, as subordinated to Senior Indebtedness. Each Holder by accepting a Subordinated Debt Security agrees that the Indebtedness evidenced by such Subordinated Debt Security is subordinated in right of payment, to the extent and in the manner provided in this Article XII, to the prior payment of all Senior Indebtedness and that the subordination is for the benefit of and enforceable by the holders of Senior Indebtedness. All provisions of this Article XII shall be subject to Section 12.12.

  • Applicability of Article Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301 for such Securities) in accordance with this Article.

  • Amendment to Article VII The provisions of Article VII of the Credit Agreement are hereby amended by addition of the following subsection at the end of Section 7.01:

  • Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance If, pursuant to Section 3.1, provision is made for either or both of (a) Defeasance of the Securities of a series under Section 13.2 or (b) Covenant Defeasance of the Securities of a series under Section 13.3, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this Article XIII, shall be applicable to the Securities of such series, and the Company may at its option by Board Resolution or in any other manner specified as contemplated by Section 3.1, at any time, with respect to the Securities of such series, elect to have either Section 13.2 (if applicable) or Section 13.3 (if applicable) be applied to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article XIII.

  • Amendment to Article IX Article IX of the Credit Agreement is hereby amended by inserting the following text as a new Section 9.02A to the Credit Agreement:

  • Amendment to Article V Article V of the Credit Agreement is hereby amended by inserting the following as a new Section 5.21:

  • Amendment to Article I Article I of the Existing Credit Agreement is hereby amended in accordance with Subparts 2.1.1 through 2.1.2.

  • Amendment to Article II Article II of the Credit Agreement is hereby amended by adding the following Section 2.16:

  • Titles of Articles, Sections and Subsections All titles or headings to articles, sections, subsections or other divisions of this Agreement and the other Loan Documents or the exhibits hereto and thereto are only for the convenience of the parties and shall not be construed to have any effect or meaning with respect to the other content of such articles, sections, subsections or other divisions, such other content being controlling as to the agreement between the parties hereto.

  • Applicability of This Article Redemption of Securities of any series (whether by operation of a sinking fund or otherwise) as permitted or required by any form of Security issued pursuant to this Indenture shall be made in accordance with such form of Security and this Article; provided, however, that if any provision of any such form of Security shall conflict with any provision of this Article, the provision of such form of Security shall govern.

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