Common use of No Amendment Without Consent of the Corporation Clause in Contracts

No Amendment Without Consent of the Corporation. Without the prior written consent of the Corporation, the Borrower will not agree or consent to any amendment, supplement or modification of any Related Document, nor waive any provision thereof; provided, however, that the Borrower may agree or consent to amendments to the Variable Rate Bonds and the Authorizing Document to the extent that (i) such amendments are permitted under the Authorizing Document without the consent of Bondholders or the provider of liquidity for the Variable Rate Bonds, and (ii) such amendments do not materially adversely affect the Corporation or the performance of this Agreement and the Standby Bond Purchase Agreement, and may agree or consent to amendments to any Related Document to the extent such amendments do not materially adversely affect the Corporation or the performance of this Agreement and the Standby Bond Purchase Agreement.

Appears in 2 contracts

Samples: Bond Purchase Agreement (Fgic Securities Purchase Inc), Bond Purchase Agreement (Fgic Securities Purchase Inc)

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No Amendment Without Consent of the Corporation. Without the prior written consent of the Corporation, the Borrower Issuer will not agree or consent to any amendment, supplement or modification of any Related Document, nor waive any provision thereof; provided, however, that the Borrower Issuer may agree or consent to amendments to the Variable Rate Bonds and the Authorizing Document to the extent that (i) such amendments are permitted under the Authorizing Document without the consent of Bondholders or the provider of liquidity for the Variable Rate Bonds, and (ii) such amendments do not materially adversely affect the Corporation or the performance of this Agreement and the Standby Bond Purchase Agreement, and the Issuer may agree or consent to amendments to any Related Document to the extent such amendments do not materially adversely affect the Corporation or the performance of this Agreement and the Standby Bond Purchase Agreement.

Appears in 2 contracts

Samples: Bond Purchase Agreement (Fgic Securities Purchase Inc), Bond Purchase Agreement (Fgic Securities Purchase Inc)

No Amendment Without Consent of the Corporation. Without the prior written consent of the Corporation, the Borrower Issuer will not agree or consent to any amendment, supplement or modification of any Related Document, nor waive any provision thereof; provided, however, that the Borrower Issuer may agree or consent to amendments to the Variable Rate Bonds and the Authorizing Document to the extent that (i) such amendments are permitted under the Authorizing Document without the consent of Bondholders or the provider of liquidity for the Variable Rate BondsLiquidity Provider (as such terms are defined therein), and (ii) such amendments do not materially adversely affect the Corporation or the performance of this Agreement and the Standby Bond Purchase Agreement, and may agree or consent to amendments to any Related Document to the extent such amendments do not materially adversely affect the Corporation or the performance of this Agreement and the Standby Bond Purchase Agreement.

Appears in 1 contract

Samples: Payment Agreement (Fgic Securities Purchase Inc)

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No Amendment Without Consent of the Corporation. Without the prior written consent of the Corporation, the Borrower will not agree or consent to any amendment, supplement or modification of any Related Document, nor waive any provision thereof; provided, however, that the Borrower may agree or consent to amendments to the Variable Rate Bonds and the Authorizing Document to the extent that (i) such amendments are permitted under the Authorizing Document without the consent of Bondholders or the provider of liquidity for the Variable Rate BondsLiquidity Provider (as such terms are defined therein), and (ii) such amendments do not materially adversely affect the Corporation or the performance of this Agreement and the Standby Bond Purchase Agreement, and may agree or consent to amendments to any Related Document to the extent such amendments do not materially adversely affect the Corporation or the performance of this Agreement and the Standby Bond Purchase Agreement.

Appears in 1 contract

Samples: Bond Purchase Agreement (Fgic Securities Purchase Inc)

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