Common use of Modifications and Amendments to Agreement Clause in Contracts

Modifications and Amendments to Agreement. UHMC may modify or amend the terms and conditions of this Agreement from time to time and provide a copy to TPO of any modification or amendment. Such modification or amendment shall be made in writing and agreed to by both parties.

Modifications and Amendments to Agreement. UHMC may modify or amend the terms and conditions of this Agreement from time to time and provide a copy to TPO of any modification or amendment. Such modification or amendment shall immediately become a part of this Agreement and TPO shall be made in writing and agreed bound by such modification or amendment without further need for acknowledgement or signature by TPO. Submission of a Mortgage Loan Package by TPO to UHMC after the effective date of such modification or amendment is deemed acceptance of the modification or amendment by both partiesTPO with respect to each Loan.