Common use of Modification or transfer Clause in Contracts

Modification or transfer. An obli- gation that originally qualifies as straight debt ceases to so qualify if the obligation— (A) Is materially modified so that it no longer satisfies the definition of straight debt; or (B) Is transferred to a third party who is not an eligible shareholder under paragraph (b)(1) of this section.

Appears in 8 contracts

Samples: Supplemental Contract, Publishing Agreement, Supplemental Contract

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