Common use of Limitation on Amendments to Management Contracts Clause in Contracts

Limitation on Amendments to Management Contracts. Amend, supplement or otherwise modify (pursuant to a waiver or otherwise) the terms and conditions of the Management Contracts if the effect of such modification would be to change any provision of such Management Contract relating to the payment or method of calculation of fees thereunder or to materially reduce the functions required to be performed by Xxxxx-Xxxxx thereunder; provided, that this Section 6.18 shall cease to apply to the Xxxxx Management Contract upon termination of the Xxxxx Pledge Agreement in accordance with the terms thereof.

Limitation on Amendments to Management Contracts. Amend, supplement or otherwise modify (pursuant to a waiver or otherwise) the terms and conditions of the Management Contracts if the effect of such modification would be to change any provision of such Management Contract relating to the payment or method of calculation of fees thereunder or to materially reduce the functions required to be performed by Xxxxx-Xxxxx thereunder; provided, that this Section 6.18 6.17 shall cease to apply to the Xxxxx Management Contract upon termination of the Xxxxx Pledge Agreement in accordance with the terms thereof.