Common use of Notices to Collateral Agent; No Amendments Clause in Contracts

Notices to Collateral Agent; No Amendments. As long as any Financing Assignment of record created in accordance with this Article 6 shall remain unsatisfied and the Department has received the notices and documents specified in Section 6.02(g), the following provisions shall apply with respect to any such Financing Assignment, the Collateral Agent and the related Lender or Lenders. (a) The Department shall promptly provide the Collateral Agent with a copy of any notice it sends to the Concessionaire concerning a potential breach of this Agreement or a Concessionaire Default. (b) The Financing Assignments may provide that while the Financing Assignments are in existence the Concessionaire shall not agree to any modification of or amendment to this Agreement that in any way could have a material adverse effect on the rights or interests of the Lender(s) under such Financing Assignments or to any voluntary surrender or termination of this Agreement, in each case, without the Collateral Agent’s consent, which shall not be unreasonably withheld or delayed, except if such modification or amendment is required by Law. Such consent shall be deemed to have been given in the event the Collateral Agent fails to respond within 30 days of delivery of a request for consent if the request states that such deemed-consent will be given at the end of such time period.

Notices to Collateral Agent; No Amendments. As long as any Financing Assignment of record created in accordance with this Article 6 7 shall remain unsatisfied and the Department has received the notices and documents specified in Section 6.02(g7.03(f), the following provisions shall apply with respect to any such Financing Assignment, the Collateral Agent and the related Lender or Lenders. (a) The Department shall promptly provide the Collateral Agent with a copy of any notice it sends to the Concessionaire concerning a potential breach of this Agreement or a Concessionaire Default. (b) The Financing Assignments may provide that while the Financing Assignments are in existence the Concessionaire shall not agree to any modification of or amendment to this Agreement that in any way could have a material adverse effect on the rights or interests of the Lender(s) under such Financing Assignments or to any voluntary surrender or termination of this Agreement, in each case, without the Collateral Agent’s consent, which shall not be unreasonably withheld or delayed, except if such modification or amendment is required by Law. Such consent shall be deemed to have been given in the event the Collateral Agent fails to respond within 30 days of delivery of a request for consent if the request states that such deemed-deemed consent will be given at the end of such time period. Such restrictions shall not affect the Department’s rights to amend this Agreement as specifically set forth in this Agreement.