Common use of Modifications of Receivables or Contracts Clause in Contracts

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).

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)for Permitted Restructurings and such other modifications of past due Receivables as the Servicer deems reasonably necessary to maximize the collection thereof to the extent expressly permitted by the Credit and Collection Policy.

Modifications of Receivables or Contracts. The Except as expressly permitted by the terms of the Credit and Collection Policy, the Servicer shall not extend, amend, forgive, discharge, compromise, waive, cancel or otherwise modify the terms of any Receivable Transferred Receivable, or amend, modify or waive any term or condition of any Contract related thereto; except in accordance with Section 2.02(b)therefor without the prior written consent of the Administrative Agent.