MODIFICATIONS AND INDULGENCE Sample Clauses

MODIFICATIONS AND INDULGENCE. Subject to Shariah, the Bank may upon serving a twenty-one (21)-day notice to the Assignor, at any time and without in any way affecting the security hereby created:- (a) determine, vary, modify, cancel, restructure, earmark, reduce or increase any financing or other facility granted or to be granted to the Assignor and may open or continue any account or accounts current or otherwise (or both) with the Assignor at any branch or branches of the Bank; (b) grant to the Assignor or any security party any time, indulgence or waiver or consent or release;
Sample 1
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MODIFICATIONS AND INDULGENCE. Subject to Xxxxxxx, the Chargee may upon serving a twenty-one (21) day notice to the Chargor, at any time and without in any way affecting the security hereby created:- (a) determine, vary, modify, cancel, restructure, earmark, reduce or increase any financing or other facility granted or to be granted to the Chargor and may open or continue any account or accounts current or otherwise (or both) with the Chargor at any branch or branches of the Chargee; (b) grant to the Chargor or any security party any time, indulgence or waiver or consent or release;
Sample 1
MODIFICATIONS AND INDULGENCE. Subject to Shariah, the Chargee may, upon serving a twenty-one day(21) notice to the Chargor and/or Customer, at any time and without in any way affecting the security hereby created: - (a) determine, vary, modify, cancel, restructure, earmark, reduce or increase any financing or other facility granted or to be granted to the Customer and may open or continue any account or accounts current or otherwise (or both) with the Chargor and/or Customer at any branch or branches of the Chargee; (b) grant to the Chargor and/or Customer or any security party any time, indulgence or waiver or consent or release;
Sample 1
MODIFICATIONS AND INDULGENCE. The Bank may at any time without in any way affecting the security hereby created:- (a) determine, vary or increase any credit or other facility granted to the Customer(s); and/or (b) grant to the Customer(s) or any surety or guarantor any time of indulgence; and/or (c) renew any bills, notes or other negotiable securities; and/or (d) compound with the Customer(s) or any surety or guarantor or any other person; and/or (e) deal with exchange, release, vary or modify or abstain from perfecting or enforcing the security documents and any security held or to be held by the Bank for or on accounts for or on accounts of the monies hereby secured or any part thereof.
Sample 1

Related to MODIFICATIONS AND INDULGENCE

  • Modifications and Waivers No provision of this Agreement shall be modified, waived or discharged unless the modification, waiver or discharge is agreed to in writing and signed by the Executive and by an authorized officer of the Company (other than the Executive). No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time.

  • Indulgences; No Waivers Neither the failure nor any delay on the part of a party to exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege preclude any other or further exercise of the same or of any other right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence be construed as a waiver of such right, remedy, power or privilege with respect to any other occurrence. No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver.

  • Amendments, Modifications and Waivers No amendment, modification or waiver in respect of this Agreement shall be effective against any party unless it shall be in writing and signed by Parent, the Company and Stockholder.

  • Modifications, Amendments or Waivers With the written consent of the Required Lenders, the Administrative Agent, acting on behalf of all the Lenders, and the Borrower, on behalf of the Loan Parties, may from time to time enter into written agreements amending or changing any provision of this Agreement or any other Loan Document or the rights of the Lenders or the Loan Parties hereunder or thereunder, or may grant written waivers or consents hereunder or thereunder. Any such agreement, waiver or consent made with such written consent shall be effective to bind all the Lenders and the Loan Parties; provided, that no such agreement, waiver or consent may be made which will:

  • Modifications and Waiver Except as provided in Section 17 above with respect to changes in Delaware law which broaden the right of Indemnitee to be indemnified by the Company, no supplement, modification or amendment of this Agreement shall be binding unless executed in writing by each of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions of this Agreement (whether or not similar), nor shall such waiver constitute a continuing waiver.

  • Indulgences, Etc Neither the failure nor any delay on the part of either party to exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege preclude any other or further exercise of the same or of any other right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence be construed as a waiver of such right, remedy, power or privilege with respect to any other occurrence. No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver.

  • Waivers; Modifications Except as set forth in a written instrument included in the related Mortgage File, the (A) material terms of the related Mortgage Note, the related Mortgage(s) and any related loan agreement and/or lock-box agreement have not been waived, modified, altered, satisfied, impaired, canceled, subordinated or rescinded by the mortgagee in any manner, and (B) no portion of a related Mortgaged Property has been released from the lien of the related Mortgage, in the case of (A) and/or (B), to an extent or in a manner that in any such event materially interferes with the security intended to be provided by such document or instrument. Schedule III (xxviii) identifies each Mortgage Loan (if any) as to which, since the latest date any related due diligence materials were delivered to Anthracite Capital, Inc. (or its designee), there has been (in writing) given, made or consented to a material alteration, material modification or assumption of the terms of the related Mortgage Note, Mortgage(s) or any related loan agreement and/or lock-box agreement and/or as to which, since such date, there has been (in writing) a waiver other than as related to routine operational matters or minor covenants.

  • Modifications, Amendments and Waivers This Agreement may not be modified or amended, or any provision thereof waived, except in a writing signed by all the parties to this Agreement.

  • Modifications and Amendments The terms and provisions of this Agreement may be modified or amended only by written agreement executed by all parties hereto.

  • Indulgences No indulgence granted by a party shall constitute a waiver of any of that party's rights under this agreement; accordingly, that party shall not be precluded as a consequence of having granted such indulgence, from exercising any rights against the other which may have arisen in the past or which may arise in the future.

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