Modifications to Transaction Documents Sample Clauses

Modifications to Transaction Documents. The Seller will not amend or modify or grant any consent or waiver under any Transaction Document.
AutoNDA by SimpleDocs
Modifications to Transaction Documents. Subject to Clause 12.2 below, the Master Issuer Security Trustee shall concur with any person in making any modifications to any Master Issuer Transaction Document only (for so long as the Master Issuer Notes remain outstanding) if so directed by the Note Trustee.
Modifications to Transaction Documents. The Insured, the Issuer and the Guarantor shall not materially modify the Transaction Documents (including, but not limited to, modifying the repayment terms of the Insured Notes), without the prior written consent of the Underwriter (which consent shall not be withheld unreasonably), except such modifications and amendments which (i) do not change materially the Underwriter's rights and obligations, (ii) do not change materially any rights and obligations to which the Underwriter may be subrogated to in the event of a Claim, or (iii) do not change materially the risk to which the Insured is exposed and that are covered under the Insurance Policy.
Modifications to Transaction Documents. (a) Notwithstanding anything in the Indenture to the contrary, no provision of this Note Purchase Agreement, the Indenture, the Servicing Agreement or the Purchase Agreement may be amended, waived or otherwise modified without (i) the prior written consent of the Issuer and the Required Persons and (ii) if such amendment is material, without satisfying the Rating Agency Condition; provided that the consent of all of the Noteholders shall be required for (i) any amendment, waiver, modification or supplement of any such document described above relating to (i) the definitions of "Eligible Receivables," "Purchase Expiration Date," "Final Purchase Expiration Date," "Tranche A Expiration Date," "Required Persons," "Required Reserve Amount," "Coverage Test" and "Maximum Principal Amount" and any defined terms incorporated therein, (ii) the reduction or postponement of the time for payment of any fee or other amount payable to or on behalf of such Noteholders or (iii) this Section 7.3.
Modifications to Transaction Documents. The Insured and the Issuer shall not materially modify the Transaction Documents (including, but not limited to, modifying the repayment terms of the Insured Notes), without the prior written consent of the Underwriter (which consent shall not be withheld unreasonably), except such modifications and amendments which (i) do not change materially the Underwriter’s rights and obligations, (ii) do not change materially any rights and obligations to which the Underwriter may be subrogated to in the event of a Claim, or (iii) do not change materially the risk to which the Insured is exposed and that are covered under the Insurance Policy.
Modifications to Transaction Documents. Subject as expressly provided otherwise in any Transaction Document, the Security Trustee (at the direction of the Note Trustee) may from time to time and at any time without any consent or sanction of the Funding Secured Creditors concur with any person in making or sanctioning any modification or amendment: (a) to any of the Transaction Documents which in the opinion of the Security Trustee it may be expedient to make, provided that the Security Trustee is of the opinion that such modification will not be materially prejudicial to the interests of the Noteholders; (b) to any of the Transaction Documents which in the Security Trustee's opinion is made to correct a manifest error or is of a formal, minor or technical nature; or (c) to any of the Transaction Documents which it may be necessary to make or which are required by the Rating Agencies in respect of any New Issuer or any other person who has executed a Deed of Accession pursuant to Clause 3 (Funding Security) hereto or Clause 2.2 (New Intercompany Loan Agreement) of the Intercompany Loan Terms and Conditions. Any such modification or amendment shall be binding on Funding and the Funding Secured Creditors and, unless the Security Trustee otherwise agrees, notice thereof shall be given by Funding to the Funding Secured Creditors as soon as practicable thereafter. Each of the Funding Secured Creditors agrees from time to time to do and perform such other and further acts and execute and deliver any and all such other instruments as may be required to carry out and effect the intent and purpose of this Clause 17.1 (Modifications to Transaction Documents).
Modifications to Transaction Documents. This Mortgage will continue to secure the Obligations under the Transaction Documents, as the Transaction Documents may in the future be amended, modified or otherwise supplemented and in effect from time to time. In the event that any Transaction Document is amended, modified or otherwise supplemented, there shall be no need to amend, modify or otherwise supplement this Mortgage, unless required by the laws of any State or Commonwealth in which portions of the Mortgaged Property are situated.
AutoNDA by SimpleDocs
Modifications to Transaction Documents. (a) Notwithstanding anything in the Indenture to the contrary, no provision of this Note Purchase Agreement, the Indenture, the Servicing Agreement or the Purchase Agreement may be amended, waived or otherwise modified without (i) the prior written consent of the Issuer and the Required Persons, (ii) the Issuer providing (or causing the Servicer to provide) to each Rating Agency then rating any outstanding Series of the Issuer prior notice of any such amendment, waiver or modification, and (iii) if such amendment is reasonably expected to have a material effect on any Holder of any rated Series of Notes, without satisfying the Rating Agency Condition with respect to each such Series of Notes; provided that the consent of all of the Noteholders shall be required for (i) any amendment, waiver, modification or supplement of any such document described above relating to the definitions ofEligible Receivables,” “Purchase Expiration Date,” “Final Purchase Expiration Date,” “Tranche A Expiration Date,” “Required Persons,” “Required Reserve Amount,” “Coverage Test” and “Maximum Principal Amount” and any defined terms incorporated therein, (ii) the reduction or postponement of the time for payment of any fee or other amount payable to or on behalf of such Noteholders or (iii) this Section 7.3. (b) The Issuer shall (or shall cause the Servicer to) give the Administrator, the Funding Agent, the Committed Purchaser and the Conduit Purchasers written notice of any proposed amendment, modification or waiver of any provision of the Transaction Documents.
Modifications to Transaction Documents. (a) Notwithstanding anything in the Indenture to the contrary, no provision of any Transaction Document may be amended, supplemented, waived or otherwise modified without, if such modification is material, satisfaction of the Rating Agency Condition and no provision of this Agreement or the Series Supplement may be amended, supplemented, waived or otherwise modified without the written consent of the Agent. (b) The Issuer shall (or shall cause the Servicer to) give the Agent written notice of any proposed amendment, supplement, modification or waiver of any provision of the Transaction Documents.
Modifications to Transaction Documents. The Transaction Documents may be amended, restated, supplemented or otherwise modified in accordance with, and to the extent permitted by, the terms and provisions contained in the Transaction Documents.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!