Amendment of Section 12.1 Sample Clauses
The "Amendment of Section 12.1" clause establishes the authority and process for modifying the contents of Section 12.1 within the agreement. Typically, this clause will specify who has the right to propose changes, the required procedures for approval (such as mutual written consent), and any limitations or conditions that must be met for the amendment to take effect. By clearly outlining how Section 12.1 can be altered, this clause ensures that any changes are made transparently and with the agreement of all relevant parties, thereby preventing unauthorized or unilateral modifications and maintaining the integrity of the contract.
Amendment of Section 12.1. Section 12.1 of the Assignment Agreement is hereby amended to read in its entirety as follows:
Amendment of Section 12.1. The Agreement is hereby amended by deleting Section 12.1 thereof in its entirety and replacing it with the following Section 12.1:
Amendment of Section 12.1. Section 12.1 of the Program Agreement is hereby amended by adding the words ", including, without limitation, the facilities of any third-party collection agency utilized in connection with the Program," immediately after the word "facility" and immediately prior to the word "related."
Amendment of Section 12.1. Section 12.1 of the Base Indenture is hereby amended by replacing the words “on the first Business Day after the Payment Date on which the Issuer has paid, caused to be paid or irrevocably deposited or caused to be irrevocably deposited in the applicable Payment Account and any applicable Series Account” with “on the Business Day on which the Issuer has paid, caused to be paid or irrevocably deposited or caused to be irrevocably deposited in the applicable Trust Account”.