Modification of Assigned Agreements, Etc Sample Clauses

Modification of Assigned Agreements, Etc. Each ---------------------------------------- Assignor shall keep the Collateral Agent informed of all material circumstances bearing upon the right, title and interest of such Assignor under the Assigned Agreements. No Assignor will, except with the consent of the Collateral Agent amend, modify, extend, renew, cancel or terminate any Assigned Agreement, waive any default under or breach of any Assigned Agreement, compromise or settle any material dispute, claim, suit or legal proceeding relating to any Assigned Agreement, sell or assign any Assigned Agreement or interest therein, consent to or permit or accept any prepayment of amounts to become due under or in connection with any Assigned Agreement, except as expressly provided therein, or take any other action in connection with any Assigned Agreement which would impair the value of the interests or rights of such Assignor thereunder or which would impair the interests or rights of the Collateral Agent under this Agreement, except that, unless the Collateral Agent shall have notified such Assignor upon the occurrence of a Default or Event of Default that this exception is no longer applicable, such Assignor may modify, make adjustments with respect to, extend or renew any Assigned Agreements in the ordinary course of business. The Assignor will duly fulfill all of its obligations under or in connection with the Assigned Agreements.
AutoNDA by SimpleDocs
Modification of Assigned Agreements, Etc. Such Canadian Credit Party will not, except with the consent of the relevant Administrative Agent, terminate any Assigned Agreement, waive any default under or breach of any Assigned Agreement, compromise or settle any material dispute, claim, suit or legal proceeding relating to any Assigned Agreement, sell or assign any Assigned Agreement or interest therein, consent to or permit or accept any prepayment of amounts to become due under or in connection with any Assigned Agreement, except as expressly provided therein, or take any other action in connection with any Assigned Agreement which would impair the value of the interests or rights of such Canadian Credit Party thereunder or which would materially impair the interests or rights of the Canadian Collateral Agent under this Agreement, except that, unless the Canadian Collateral Agent shall have notified such Canadian Credit Party upon the occurrence of a Default or an Event of Default that this exception is no longer applicable, such Canadian Credit Party may modify, make adjustments with respect to, extend or renew any Assigned Agreements in the ordinary course of business.
Modification of Assigned Agreements, Etc. Such Loan Party shall keep the Collateral Agent informed of all material circumstances bearing upon the right, title and interest of such Loan Party under the Assigned Agreements. Such Loan Party will not, except with the consent of the Administrative Agent, (a) amend, modify, extend, renew, cancel or terminate any Assigned Agreement, waive any default under or breach of any Assigned Agreement, (b) compromise or settle any material dispute, Claim, suit or legal proceeding relating to any Assigned Agreement, (c) sell or assign any Assigned Agreement or interest therein, (d) consent to or permit or accept any prepayment of amounts to become due under or in connection with any Assigned Agreement, except as expressly provided therein, or (e) take any other action in connection with any Assigned Agreement, which, in the case of any of the actions described in clauses (a) through (e) inclusive, above, would impair the value of the interests or rights of such Loan Party thereunder or which would impair the interests or rights of the Collateral Agent under this Agreement, except that, unless the Collateral Agent shall have notified such Loan Party upon the occurrence of a Default or an Event of Default that this exception is no longer applicable, such Loan Party may modify, make adjustments with respect to, extend or renew any Assigned Agreements in the ordinary course of business. Such Loan Party will duly fulfill all of its obligations under or in connection with the Assigned Agreements.
Modification of Assigned Agreements, Etc. Such U.S. Credit Party will not, except with the consent of the relevant Administrative Agent, cancel or terminate any Assigned Agreement, waive any material default under or breach of any Assigned Agreement, compromise or settle any material dispute, Claim, suit or legal proceeding relating to any Assigned Agreement, sell or assign any Assigned Agreement or interest therein, consent to or permit or accept any prepayment of amounts to become due under or in connection with any Assigned Agreement, except as expressly provided therein, or take any other action in connection with any Assigned Agreement which would impair the value of the interests or rights of such U.S. Credit Party thereunder or which would materially impair the interests or rights of the U.S. Collateral Agent under this Agreement, except that, unless the U.S. Collateral Agent shall have notified such U.S. Credit Party upon the occurrence of a Default or an Event of Default that this exception is no longer applicable, such U.S. Credit Party may modify, make adjustments with respect to, extend or renew any Assigned Agreements in the ordinary course of business.
Modification of Assigned Agreements, Etc. 7 Section 4.08 Equipment; Fixtures................................................... 8 Section 4.09

Related to Modification of Assigned Agreements, Etc

  • Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments (a) When any Mortgaged Property is conveyed by the Mortgagor, the Master Servicer or Subservicer, to the extent it has knowledge of such conveyance, shall enforce any due-on-sale clause contained in any Mortgage Note or Mortgage, to the extent permitted under applicable law and governmental regulations, but only to the extent that such enforcement will not adversely affect or jeopardize coverage under any Required Insurance Policy. Notwithstanding the foregoing:

  • Complete Agreement; Modification of Agreement This Agreement constitutes the complete agreement among the parties hereto with respect to the subject matter hereof, supersedes all prior agreements and understandings relating to the subject matter hereof, and may not be modified, altered or amended except as set forth in Section 8.6.

  • Incorporation of Prior Agreements; Modifications This Lease is the only agreement between the parties pertaining to the lease of the Property and no other agreements are effective. All amendments to this Lease shall be in writing and signed by all parties. Any other attempted amendment shall be void.

  • Continuing Security Interest; Assignments Under the Credit Agreement; Release (a) This Security Agreement shall remain in full force and effect and be binding in accordance with and to the extent of its terms upon each Grantor and the successors and assigns thereof and shall inure to the benefit of the Collateral Agent and the other Secured Parties and their respective successors, indorsees, transferees and assigns until all Obligations under the Credit Documents and each Pari Passu Agreement (other than, in each case, any contingent indemnity obligations not then due, any Secured Hedge Obligations or any Secured Cash Management Obligations) shall have been satisfied by payment in full, the Commitments shall be terminated and all Letters of Credit have expired or terminated and after all Letter of Credit Outstandings have been reduced to zero (or all such Letters of Credit and Letter of Credit Outstandings have been Cash Collateralized) notwithstanding that from time to time during the term of the Credit Agreement, the Credit Parties may be free from any Obligations.

  • Ratification of Existing Agreements All of the Borrower's obligations and liabilities to the Creditors as evidenced by or otherwise arising under the Credit Agreement, the Notes and the other Credit Documents, are, by the Borrower's execution of this Agreement, ratified and confirmed in all respects. In addition, by the Borrower's execution of this Agreement, the Borrower represents and warrants that it does not have any counterclaim, right of set-off or defense of any kind with respect to such obligations and liabilities.

  • Amendment, Etc. of Material Contracts Cancel or terminate any Material Contract or consent to or accept any cancellation or termination thereof, amend or otherwise modify any Material Contract or give any consent, waiver or approval thereunder, waive any default under or breach of any Material Contract, agree in any manner to any other amendment, modification or change of any term or condition of any Material Contract or take any other action in connection with any Material Contract that would impair in any material respect the value of the interest or rights of any Loan Party thereunder or that would impair or otherwise adversely affect in any material respect the interest or rights, if any, of any Agent or any Lender Party, or permit any of its Subsidiaries to do any of the foregoing, in each case in a manner that could reasonably be expected to have a Material Adverse Effect, in each case taking into account the effect of any agreements that supplement or serve to substitute for, in whole or in part, such Material Contract.

  • Modification of Agreement This Agreement may be modified, amended, suspended or terminated, and any terms or conditions may be waived, but only by a written instrument executed by the parties hereto.

  • Termination of Existing Tax Sharing Agreements Any and all existing Tax sharing agreements (whether written or not) binding upon the Company shall be terminated as of the Closing Date. After such date neither the Company nor any of its Representatives shall have any further rights or liabilities thereunder.

  • Electronic Execution of Assignments and Certain Other Documents The words “execution,” “signed,” “signature,” and words of like import in any Assignment and Assumption or in any amendment or other modification hereof (including waivers and consents) shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act.

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

Time is Money Join Law Insider Premium to draft better contracts faster.