Automatic Amendments Sample Clauses

Automatic Amendments. (i) So long as Standard & Poor's' and Moody's Investors Service, Inc.'s ratings for thx Xxxxxny's long-term senior unsecured debt are at least BBB- and Baa3, respectively (and, if such ratings are BBB- and Baa3, respectively, they are not the subject of a credit watch with negative outlook), the covenants contained in Sections 6G, 6H, 6I and 6J shall, automatically and without further action by the Company (except as set forth below) or the Holders, be amended to reflect (a) any amendments or new provisions that make the terms of any corresponding covenants contained in the Citibank Agreements, or in any credit agreement that replaces either or both of the Citibank Agreements in its or their entirety, less restrictive and (b) the elimination in whole or in part of such covenants in the Citibank Agreements or any such replacement agreement. Any such automatic amendment to this Agreement shall be effective as of the date of, and upon delivery by the Company to the Holders of an executed copy of, any amendment or agreement referenced in clause (a) or (b) above. As promptly as practicable, but in no event more than 10 Business Days, following receipt by the Holders of a written request by the Company together with a true and correct copy of any such amendment or agreement and a proposed draft of the corresponding amendment to this Agreement, the Required Holders and the Company shall execute a written amendment to this Agreement (in form and substance reasonably acceptable to the Required Holders and the Company) incorporating the terms of any such automatic amendment effective as of the date of such automatic amendment. (ii) Until Standard & Poor's' and Moody's Investors Service, Inc.'s ratings for thx Xxxxxny's long-term senior unsecured debt are at least BBB and Baa2, respectively (and, if such ratings are BBB and Baa2, respectively, they are not the subject of a credit watch with negative outlook), in the event any of the financial covenants set forth in Section 5.03 of each of the Citibank Agreements as of December 31, 2002 is amended in any manner to make such financial covenant more restrictive, such financial covenant shall, automatically and without further action by the Company or the Holders, be included as a new covenant in this Agreement as of the date of such amendment. As promptly as practicable, but in no event more than 10 Business Days, following receipt by the Holders of a written request by the Company together with a true and correct copy ...

Automatic Amendments. Whenever the terms and conditions set out in Annexure B to the Access Arrangement are amended in accordance with the Code, then (unless the Tubridgi Parties and the Pipeline User otherwise agree) the Agreement will be amended in the same manner and to the same extent, with effect from the date on which those terms and conditions are amended.

Automatic Amendments. If any provision becomes illegal, invalid, or unenforceable in a jurisdiction, it won't affect the validity elsewhere. The agreement remains enforceable with the affected provision either modified or excluded in that jurisdiction.

Automatic Amendments. Notwithstanding any terms within this Declaration, in the event that (i) HUD imposes new or modified requirements on existing HOME-assisted projects through regulation, administrative notice, publication, or other notice, or (ii) HUD specifically identifies violations of HOME Program requirements pertaining to this Declaration or the Project, Owner agrees to comply with any new or modified requirements to ensure the Project remains in or is brought into compliance with such requirements, whether or not the new or modified requirements are stated in the Declaration or in subsequent amendments. If ADFA determines that such new or modified requirements should be included in the Declaration by way of an amendment, Owner further agrees to execute any such amendment. AFDA reserves the right to implement additional policies as needed.

Automatic Amendments. If the State (i) makes lawful a Class III Gaming game not authorized to be conducted for any purpose by any person, organization or entity on the Effective Date of this Compact and the SGO adopts specifications for such game, or (ii) enters into a compact with any Indian tribe or nation governing the conduct of Class III Gaming game not authorized to be conducted by the Nation Gaming Operations under this Compact, and setting forth specifications for such game, then the State shall give the Nation Gaming Operation written notice of such action within thirty (30) days, identifying the game and its specifications. If the Nation Gaming Operation accepts such game and its specifications, it shall notify the State in writing and a corresponding amendment shall be made to the appropriate appendices hereunder to authorize the Nation Gaming Operation to conduct such games. If the Nation Gaming Operation submits its own specifications for such game, the State shall within thirty (30) days notify the Nation Gaming Operation that it has accepted or rejected the Nation Gaming Operation's proposed specifications. Failure to act within thirty (30) days shall be deemed a rejection of the proposed amendment. If the State accepts the Nation Gaming Operation's proposed specifications, amendments and modifications shall be made to the appropriate Appendices. If the State rejects the Nation Gaming Operation's proposed specifications, the Nation may commence arbitration as specified in this Compact solely on the issue of the State's good faith in its consideration of the Nation Gaming Operation's proposed specifications.

Automatic Amendments. If any term of the 2020 Facility Agreement is amended or waived, the equivalent provision of this Agreement shall immediately be deemed to be amended or waived without further consents being required under this Agreement, provided that at the time of such amendment or waiver, there is one Lender under this Agreement (or the Lenders are Affiliates of each other) and such Lender (or an Affiliate of such Lender) is a Lender under (and as defined in) the 2020 Facility Agreement.

Automatic Amendments. Notwithstanding any terms within this Agreement, in the event that (i) HUD imposes new or modified requirements on existing HTF-assisted projects through regulation, administrative notice, publication, or other notice, or (ii) HUD specifically identifies violations of HTF Program requirements pertaining to this Agreement or the Project, Owner agrees to comply with any new or modified requirements to ensure the Project remains in or is brought into compliance with such requirements, whether or not the new or modified requirements are stated in the Agreement or in subsequent amendments. If ADFA determines that such new or modified requirements should be included in the Agreement by way of an amendment, Owner further agrees to execute any such amendment. ADFA reserves the right to implement additional policies as needed.