Definitions Amended Clause Samples
The "Definitions Amended" clause allows for the modification or updating of specific terms and definitions within a contract. In practice, this clause specifies which definitions are being changed, added, or removed, and may reference particular sections or terms that are affected. For example, it might clarify that a previously defined term now has a new meaning for the purposes of the agreement. The core function of this clause is to ensure that all parties have a clear and updated understanding of key terms, reducing ambiguity and preventing disputes over interpretation.
Definitions Amended. 1.1.1 The definition of “Acceptable Appraisal” is hereby deleted and the following is hereby inserted in lieu thereof:
Definitions Amended. Section 1.1 of the Credit Agreement is hereby amended by amending the following defined terms as follows: VP/#40041634
Definitions Amended. 1.1.1 The definition of “Advance Rate” is hereby deleted and the following is hereby inserted in lieu thereof:
Definitions Amended. The following terms defined in Section 1.1 of the Loan Agreement are hereby amended and restated in their entirety to read as follows:
Definitions Amended. The definitions of “Interest Period,” “Interest Rate,” “Payment Date,” “Tranche C Collections Amount,” “Tranche D” and “Tranche D Commitment” set forth in Section 2, “Certain Defined Terms,” of the Forbearance Agreement are hereby amended to recite as follows:
Definitions Amended. The definitions of “Tranche A,” “Tranche B,” “Tranche B-1,” “Tranche B-2,” “Tranche B-3,” “Tranche B-4,” “Tranche A Commitment,” “Tranche B Commitment,” “Minimum Tranche A Payment Amount” and “Minimum Tranche B Payment Amount” set forth in the Recitals to the Forbearance Agreement or Section 2, “Certain Defined Terms,” of the Forbearance Agreement are hereby amended to recite as follows: