Common use of Modifications in Writing Clause in Contracts

Modifications in Writing. Modification or the waiver of any provisions of this Project Loan Agreement or consent to any departure by the parties therefrom, shall in no event be effective unless the same shall be in writing approved by the parties hereto and shall require the prior written consent of Funding Lender Representative and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice to or demand on Borrower in any case shall entitle it to any other or further notice or demand in the same circumstances.

Appears in 3 contracts

Samples: Project Loan Agreement, Project Loan Agreement, Project Loan Agreement

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Modifications in Writing. Modification or the waiver of any provisions of this Project Loan Financing Agreement or consent to any departure by the parties therefrom, shall in no event be effective unless the same shall be in writing approved by the parties hereto and shall require the prior written consent of Funding Lender Representative and then such waiver or consent shall be effective only in the specific instance and for the purpose for which givengiven and so long as the interests of any Bondholders are not adversely affected and the Trustee consents in writing thereto. No notice to or demand on the Borrower in any case shall entitle it to any other or further notice or demand in the same circumstances.

Appears in 3 contracts

Samples: Financing Agreement, Financing Agreement, Financing Agreement

Modifications in Writing. Modification or the waiver of any provisions of this Project Junior Loan Agreement or consent to any departure by the parties therefrom, shall in no event be effective unless the same shall be in writing approved by the parties hereto and shall require the prior written consent of Funding Lender Representative and then such waiver or consent shall be effective only in the specific instance and for the purpose for which givengiven and so long as the interests of any Bondholders are not adversely affected and the Trustee consents in writing thereto. No notice to or demand on the Borrower in any case shall entitle it to any other or further notice or demand in the same circumstances.

Appears in 3 contracts

Samples: Junior Loan Agreement, Junior Loan Agreement, Junior Loan Agreement

Modifications in Writing. Modification or the waiver of any provisions of this Project Subordinate Loan Agreement or consent to any departure by the parties therefrom, shall in no event be effective unless the same shall be in writing approved by the parties hereto and shall require the prior written consent of Funding Lender Representative and then such waiver or consent shall be effective only in the specific instance and for the purpose for which givengiven and so long as the interests of any Subordinate Bondholders are not adversely affected and the Subordinate Trustee consents in writing thereto. No notice to or demand on the Borrower in any case shall entitle it to any other or further notice or demand in the same circumstances.

Appears in 2 contracts

Samples: Subordinate Loan Agreement, Subordinate Loan Agreement

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Modifications in Writing. Modification or the waiver of any provisions of this Project Loan Financing Agreement or consent to any departure by the parties therefrom, shall in no event be effective unless the same shall be in writing approved by the parties hereto and shall require the prior written consent of Funding the Credit Facility Provider and the Construction Lender Representative and then such waiver or consent shall be effective only in the specific instance and for the purpose for which givengiven and so long as the interests of any Bondholders are not adversely affected and the Trustee consents in writing thereto. No notice to or demand on the Borrower in any case shall entitle it to any other or further notice or demand in the same circumstances.

Appears in 1 contract

Samples: Financing Agreement

Modifications in Writing. Modification or the waiver of any provisions of this Project Loan Financing Agreement or consent to any departure by the parties therefrom, shall in no event be effective unless the same shall be in writing approved by the parties hereto and shall require the prior written consent of Funding Lender Representative the Credit Facility Provider and then such waiver or consent shall be effective only in the specific instance and for the purpose for which givengiven and so long as the interests of any Bondholders are not adversely affected and the Trustee consents in writing thereto. No notice to or demand on the Borrower in any case shall entitle it to any other or further notice or demand in the same circumstances.

Appears in 1 contract

Samples: Financing Agreement

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