Amendment to Section 13.3 Clause Samples
The "Amendment to Section 13.3" clause serves to modify or update the terms originally set out in Section 13.3 of an agreement. This amendment may involve changing specific obligations, deadlines, or procedures previously established, such as altering reporting requirements or adjusting timelines for performance. By formally documenting these changes, the clause ensures that all parties are aware of and agree to the revised terms, thereby maintaining clarity and preventing disputes over the applicable contractual obligations.
Amendment to Section 13.3. Section 13.3 of the Agreement is hereby deleted in its entirety and replaced with the following:
Amendment to Section 13.3. Section 1.33 of the Agreement is hereby amended and restated in its entirety to read as follows:
Amendment to Section 13.3 of the Original Credit Agreement entitled “Mitigation Obligations: Replacement of Lenders” is hereby amended by deleting the references in subparagraph (b)(ii) to “Accommodations Outstanding” and “Letters of Credit”, and replacing such references with “Accommodations outstanding” and “Documentary Credits”, respectively.
Amendment to Section 13.3. Section 13.3 of the Note Purchase Agreement is hereby amended and restated in its entirety as follows: