CONSENT TO MODIFICATION Sample Clauses
The Consent to Modification clause establishes that any changes or amendments to the agreement require the explicit approval of all parties involved. In practice, this means that no party can unilaterally alter the terms of the contract; instead, modifications must be agreed upon, often in writing, by everyone bound by the agreement. This clause ensures that all parties maintain control over the contract's terms and prevents unauthorized or unexpected changes, thereby promoting fairness and transparency.
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CONSENT TO MODIFICATION. If, at any time, a court of competent jurisdiction or an arbitrator holds that the restrictions stated in this SECTION 10 are overly broad under then-existing circumstances, the parties agree that the maximum period, scope or geographical area reasonable under such circumstances will be substituted for the stated period, scope or area, and that the court or arbitrator will be allowed to revise the restrictions contained herein to cover the maximum period, scope and area permitted by law.
CONSENT TO MODIFICATION. In reliance upon the representations, warranties and covenants set forth herein by ▇▇▇▇▇▇▇▇, but subject to the satisfaction of the conditions in Section 5 below, Lender hereby consents to this Agreement as of the Modification Effective Date. ▇▇▇▇▇▇’s consent to this Agreement is not intended to be, and shall not be construed as, a consent to any subsequent request or action which requires ▇▇▇▇▇▇’s consent pursuant to the terms of the Loan Documents.
CONSENT TO MODIFICATION. In the event that a Leasehold Mortgagee shall have succeeded Tenant as holder of the Leasehold or part thereof, such Leasehold Mortgagee shall not be bound by any modification or amendment of this Lease made subsequent to the delivery to Landlord of the notice provided in the foregoing provisions and prior to its acquisition of such interest unless the Leasehold Mortgagee shall have consented or be deemed to have consented to such modification or amendment at the time it was made or at the time of such acquisition.