Amendments to Waterfall; Amendments to Payment Provisions Sample Clauses

Amendments to Waterfall; Amendments to Payment Provisions. Each Company Party hereby approves the Waterfall (which for all purposes shall be deemed to amend and restate Schedule II to the Securities Purchase Agreement) and agrees that all Collections and proceeds of Collateral shall be deposited into the Collection Account and that disbursements of the proceeds of all Collections and other proceeds of Collateral to the Lenders, the Company Parties, the Holders and all other Persons listed therein shall be governed by and made in accordance with the priorities set forth in the Waterfall. Each Company Party hereby disclaims any right or claim to payments arising from or in relation to the Collateral or the proceeds thereof except as provided in the Waterfall. The disclaimer by each Company Party set forth in the immediately preceding sentence is irrevocable and coupled with an interest. Notwithstanding Sections 2.5, 2.6, 2.7, 2.8 and 2.9 of the Securities Purchase Agreement to the contrary (all of which Sections are deemed amended to the extent necessary to conform to the provisions of this Agreement), the aggregate principal amount of the Notes (including all capitalized interest and other amounts owed thereunder at such time) shall be paid without premium or penalty: (a) on each Settlement Date to the extent that disbursements are available for such purpose under the Waterfall and (b) to the extent that any amounts remain outstanding thereunder, shall be paid in full in cash on the “Scheduled Maturity Date” (which term is amended for all purposes of the Second Lien Documents to mean June 30, 2010).
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Related to Amendments to Waterfall; Amendments to Payment Provisions

  • Amendments to Servicing Agreements, Modification of Standard Provisions (a) Subject to the prior written consent of the Trustee pursuant to Section 3.07(b), the Master Servicer from time to time may, to the extent permitted by the applicable Servicing Agreement, make such modifications and amendments to such Servicing Agreement as the Master Servicer deems necessary or appropriate to confirm or carry out more fully the intent and purpose of such Servicing Agreement and the duties, responsibilities and obligations to be performed by the Servicer thereunder. Such modifications may only be made if they are consistent with the REMIC Provisions, as evidenced by an Opinion of Counsel. Prior to the issuance of any modification or amendment, the Master Servicer shall deliver to the Trustee such Opinion of Counsel and an Officer's Certificate setting forth (i) the provision that is to be modified or amended, (ii) the modification or amendment that the Master Servicer desires to issue and (iii) the reason or reasons for such proposed amendment or modification.

  • Amendments to Financing Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Financing Agreement is hereby amended as follows:

  • Amendments to Agreement This Agreement, or any term thereof, may be changed or waived only by written amendment signed by the party against whom enforcement of such change or waiver is sought. For special cases, the parties hereto may amend such procedures set forth herein as may be appropriate or practical under the circumstances, and Ultimus may conclusively assume that any special procedure which has been approved by the Trust does not conflict with or violate any requirements of its Declaration of Trust or then current prospectuses, or any rule, regulation or requirement of any regulatory body.

  • Amendments to Note Agreement (a) Section 1(a) of the Note Agreement is hereby amended by amending and restating in its entirety as follows:

  • Amendments to Servicing Agreement The Issuer covenants with the Indenture Trustee that it will not enter into any amendment or supplement to the Servicing Agreement without the prior written consent of the Indenture Trustee.

  • Amendments to Schedules A. Schedule I to the Existing Credit Agreement is hereby amended by deleting said Schedule I in its entirety and substituting in place thereof a new Schedule I in the form of Annex I to this Amendment.

  • Amendments to the Base Indenture The Base Indenture is hereby amended as follows:

  • Amendments to Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendments to the Indenture The Indenture is hereby amended as follows:

  • Amendments to Note The Note is hereby amended as follows:

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