Permitted Modifications. (a) Notwithstanding the foregoing provisions of this Clause 10 and provided that no Default has occurred and is continuing, Lessee may from time to time at no expense to Lessor (i) modify, alter or add further Parts or accessories and make or permit such modifications in and alterations and additions to the Aircraft as it may reasonably consider desirable in the proper conduct of its business; provided that such modification, alteration or addition (x) shall not materially diminish or impair the value, utility or airworthiness of the Aircraft, (y) shall not result in any change in the category or status of the Aircraft for purposes of any rules or regulations of the State of Registration or of the Aviation Authority and (z) must be capable of being removed from the Aircraft at the end of the Term without diminishing or impairing the value (in each case, compared to the value, or cosmetic appearance, as the case may be, of the Aircraft before the relevant modification, alteration or addition was made), utility or airworthiness of the Aircraft and (ii) install and incorporate the BFE. Lessee shall, promptly following the completion of the relevant work, inform Lessor of any such modifications, alterations and/or additions which it may make to the Aircraft during the Term. Lessee shall not make any Major Modifications without the prior written consent of Lessor acting reasonably except to the extent the same is required by law, permitted by any provision of this Agreement or required to comply with any manufacturer’s service bulletin.
Permitted Modifications. Notwithstanding any provisions of this Agreement to the contrary, Developer shall have the right, in its sole discretion, to modify the scope and physical parameters of the Project, other than the Improvements (each, a "Permitted Modification") if, and to the extent, that:
Permitted Modifications. Except as otherwise expressly provided in this Section 2,
Permitted Modifications. (i) Release of an Account Debtor from payment of any unpaid amount if such release is required pursuant to Applicable Law;
Permitted Modifications. Except as expressly permitted under this Section 11.8, Lessee shall not modify the Aircraft. Provided that no Event of Default has occurred and is continuing, Lessee may from time to time at no expense to Lessor make or permit such modifications in and alterations and additions to the Aircraft as it may consider desirable in the proper conduct of its business; provided that no such modification, alteration or addition materially diminishes or impairs the marketability, value in any respect, utility or airworthiness of the Aircraft or results in any change in the category or status of the Aircraft for purposes of any rules or regulations of the State of Registration or of the Aviation Authority. Title to all Parts incorporated or installed in or attached or added to the Aircraft as a result of any such modification, alteration or addition shall, without further act, vest in Lessor free of all Liens (other than Permitted Liens); provided that where as a result of any such modification, alteration or addition (other than a modification, alteration or addition required by any other provision of this Article 11) Lessee has installed or permitted the installation of a Part on the Aircraft, then Lessee shall be entitled to remove or permit the removal of such Part from the Aircraft, free from any claim to title on the part of Lessor, if at the time of such removal (i) either (A) such Part when so removed is replaced by the original Part, which complies with the terms of this Agreement, and title to the original Part is vested in Lessor or (B) such Part is in addition to and not in replacement of or substitution for any Part previously installed on or attached to the Aircraft, (ii) such Part is not required to be installed on or attached or added to the Aircraft to comply with any other provision of this Agreement, (iii) such Part can be removed from the Aircraft without diminishing or impairing the marketability, overall value, utility or airworthiness of the Aircraft and the Aircraft is restored to the condition it was in immediately prior to the installation of such Part and (iv) no Event of Default shall have occurred and be continuing.
Permitted Modifications. Notwithstanding any provisions of this Agreement to the contrary, Developer shall have the right, in its sole discretion, to modify the scope and physical parameters of the TDD Project (each, a "Permitted Modification") if, and to the extent, that:
Permitted Modifications. This Agreement may be modified or amended in any respect from time to time by the Board of Trustees, in such manner as the Board of Trustees deems advisable in carrying out the purposes of this Agreement and the NBTPP, subject to the restrictions set forth in Section 5.4.
Permitted Modifications. Except as otherwise expressly provided in this section 2, the First Lien Obligations may be amended, supplemented or modified in accordance with their terms, and their aggregate amount increased or Refinanced, without notice to or consent by any Second Lien Claimholder
Permitted Modifications. If corrective action or adjustment of the System is performed by Distributor or Customer’s staff at the direction of ViewRay, those actions or adjustments shall not reduce ViewRay’s responsibility hereunder or liability for the performance of the System.
