Common use of Modification of Guaranty Clause in Contracts

Modification of Guaranty. No modification, amendment or waiver of any provision of, or any consent required by, this Guaranty, nor any consent to any departure by Guarantor therefor, shall in any event be effective unless the same shall be in writing and signed by Guarantor and PCJL.

Appears in 3 contracts

Samples: Operating Agreement (Pepco Holdings Inc), Operating Agreement (Pepco Holdings Inc), Operating Agreement (Pepco Holdings Inc)

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Modification of Guaranty. No modification, amendment modification or waiver of any provision of, or any consent required by, ------------------------ of this Guaranty, nor any consent to any departure by Guarantor therefortherefrom, shall in any event be effective unless the same shall be in writing and signed by the Company, and such modification, waiver or consent shall be effective only in the specific instances and for the purpose for which given. No notice to or demand on Guarantor and PCJLin any case shall entitle Guarantor to any other or further notice or demand in the same, similar or other circumstances.

Appears in 1 contract

Samples: Stock Purchase Agreement (CMG Information Services Inc)

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