Modifications of Receivables or Contracts Sample Clauses

Modifications of Receivables or Contracts. The Servicer shall not extend, amend, forgive, discharge, compromise, waive, cancel or otherwise modify the terms of any Receivable or amend, modify or waive any term or condition of any Contract related thereto; except in accordance with Section 2.02(b).
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Modifications of Receivables or Contracts. No Originator shall extend, amend, forgive, discharge, compromise, cancel or otherwise modify the terms of any Transferred Receivable, or amend, modify or waive any term or condition of any Contract therefor.
Modifications of Receivables or Contracts. The Collection Agent shall not extend, amend, forgive, discharge, compromise, waive, cancel or otherwise modify the terms of any Receivable or amend, modify or waive any term or condition of any Contract related thereto; provided that the Collection Agent may take such actions as are expressly permitted by the terms of any Transaction Document and are in accordance with the Credit and Collection Policy.
Modifications of Receivables or Contracts. The Seller shall not extend, amend, forgive, discharge, compromise, waive, cancel or otherwise modify the terms of any Receivable or amend, modify or waive any term or condition of any Contract related thereto, except for Permitted Restructurings and such other modifications of past due Receivables as the Seller deems reasonably necessary to maximize the collection thereof to the extent expressly permitted by the Credit and Collection Policy.
Modifications of Receivables or Contracts. Such Seller shall not extend, amend, forgive, discharge, compromise, cancel or otherwise modify the terms of any Transferred Receivable, or amend, modify or waive any term or condition of any Contract related to the payment terms (including the manner of payment) in respect thereof, except in its capacity as a Sub-Servicer and then only to the extent the Buyer is so permitted under the Credit Agreement. For the avoidance of doubt, nothing in this Section 4.03(c) shall limit the right of (i) the Buyer to modify the terms of the Transferred Receivables and Contracts in accordance with Section 5.03(c) of the Credit Agreement or (ii) the Servicer to modify the terms of the Transferred Receivables and Contracts in accordance with Section 2.01(e) of the Servicing Agreement.
Modifications of Receivables or Contracts. The Master Servicer shall not extend, amend, forgive, compromise, waive, cancel, discharge or otherwise modify the terms of any Receivable, or amend, modify or waive any term or condition of any Contract related thereto, except as contemplated by the Credit and Collection Policies, without the prior written consent of the Administrative Agent, and in each case in accordance with the Related Documents.
Modifications of Receivables or Contracts. NBCU Funding shall not extend, amend, forgive, discharge, compromise, cancel, waive or otherwise modify the terms or conditions of any Transferred Receivable or Contract, as applicable (excluding any of the foregoing actions taken by NBCUniversal, in its capacity as Sub-Servicer). NBCU Funding shall not amend its Credit and Collection Policies if such amendment would be adverse in any material respect to WCS NBCU Funding.
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Modifications of Receivables or Contracts. No Originator shall, without the prior written consent of the Buyer, the Administrative Agent and the Requisite Lenders, extend, amend, forgive, discharge, compromise, waive, cancel or otherwise modify the terms of any Transferred Receivable or amend, modify or waive any term or condition of any Contract related thereto, provided that the Originators may authorize the Servicer to take such actions as are expressly permitted by the terms of any Related Document or the Credit and Collection Policies so long as, after giving effect to any such action, no Receivables which constituted Eligible Receivables prior to such action would no longer constitute Eligible Receivables as a result of such action.
Modifications of Receivables or Contracts. No Originator, except in its capacity as a Servicer or Sub-Servicer and in accordance with the Credit and Collection Policies, shall extend, amend, forgive, discharge, compromise, waive, cancel or otherwise modify the terms of any Transferred Receivable, or amend, modify or waive any term or condition of any Contract therefor.
Modifications of Receivables or Contracts. No Originator shall (i) extend, amend, forgive, discharge, compromise, cancel or otherwise modify the terms of any Transferred Receivable, or amend, modify or waive any term or condition of any Invoice or other Contract therefor; PROVIDED, that as long as no Incipient Termination Event or Termination Event has occurred and is continuing, (A) any Originator, in its capacity as Servicer or Sub-Servicer, may take such actions as are permitted under the terms of the Purchase Agreement, and (B) any Originator may amend any Contract (other than an Invoice) related to a Transferred Receivable PROVIDED, that such action would not, (1) cause any Transferred Receivable which prior to such amendment did not constitute an Eligible Receivable to be an Eligible Receivable, (2) cause any Transferred Receivable which prior to such amendment constituted an Eligible Receivable to cease to be an Eligible Receivable, (3) cause an Incipient Termination Event or a Termination Event to occur or (4) have a material adverse effect on the value or collectibility of, the interests of the Purchasers in, or the security for, any Transferred Receivable, or (ii) amend, modify or waive any term or provision of the Credit and Collection Policies.
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