Modification of Repurchase Agreement. The Repurchase Agreement is hereby modified as of the Effective Date as follows:
Modification of Repurchase Agreement. The following definition in Article 2 of the Repurchase Agreement is hereby deleted in its entirety with the version below substituted therefor:
Modification of Repurchase Agreement. This Amendment is limited precisely as written and shall not be deemed to (a) be a consent to a waiver or modification of any other term or condition of the Repurchase Agreement, the other Program Documents or any of the documents referred to therein or executed in connection therewith or (b) prejudice any right or rights the Buyer may now have or may have in the future under or in connection with the Repurchase Agreement, the other Program Documents or any documents referred to therein or executed in connection therewith.
Modification of Repurchase Agreement. Guarantor authorizes Lender (whether or not after termination of this Guaranty), without notice or demand (except as shall be required by applicable statute which cannot be waived), and without affecting or impairing its liability hereunder, from time to time to (a) renew, compromise, extend, increase, accelerate or otherwise change the time for payment of, or otherwise change the terms of, Obligations or any part thereof, including increase or decrease of the rate of interest thereon; (b) take and hold security for the payment of this Guaranty or the Obligations and exchange, enforce, waive and release any such security; (c) apply such security and direct the order or manner of sale thereof as Lender in its discretion may determine; and (d) release or substitute any one or more endorsers, guarantors, Borrower or other obligors. Lender may, without notice to or the further consent of Borrower or Guarantor, assign this Guaranty in whole or in part to any person acquiring an interest in the Obligations.
