Common use of Amendments, Modification and Waivers Clause in Contracts

Amendments, Modification and Waivers. No provision of this Agreement may be amended, modified or waived except in writing executed by the Manager and the Servicer, and each such amendment and modification will be subject to the prior written consent of the Initial Member, except for those provisions that may be amended by the express terms hereof without the consent of the Initial Member. In no event will any such amendment or waiver limit or affect the rights or benefits expressly granted in this Agreement to any specified third party beneficiary of this Agreement other than the Initial Member (to the extent such third party beneficiary is, and remains, a third party beneficiary hereunder pursuant to Section 11.8), and/or any Related Person in relation to such third party beneficiary, without the express written consent of such third party beneficiary. In respect of provisions in this Agreement that may be amended without the consent of the Initial Member (including Schedules 1 through 6 to this Agreement),

Amendments, Modification and Waivers. No provision of this Agreement may be amended, modified or waived except in writing executed by the Manager and the Servicer, and each such amendment and modification will shall be subject to the prior written consent of the Initial Member, except for those provisions that may be amended by the express terms hereof without the consent of the Initial Member. In no event will shall any such amendment or waiver limit or affect the rights or benefits expressly granted in this Agreement to any specified third party beneficiary of this Agreement other than the Initial Member (to the extent such third party beneficiary is, and remains, a third party beneficiary hereunder pursuant to Section 11.8), and/or any Related Person in relation to such third party beneficiary, without the express written consent of such third party beneficiary. In respect of provisions in this Agreement that may be amended without the consent of the Initial Member (including Schedules 1 through 6 to this Agreement),.