Common use of Termination and Amendment of this Agreement Clause in Contracts

Termination and Amendment of this Agreement. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment is approved by the parties hereto and in a manner consistent with applicable law. Either the Trust or FDCC may at any time terminate this Agreement on sixty (60) days' written notice delivered or mailed by registered mail, postage prepaid, to the other party.

Termination and Amendment of this Agreement. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment is approved by the parties hereto and in a manner consistent with applicable law. Either the Trust or FDCC may at any time terminate this Agreement on sixty ninety (6090) days' written notice delivered or mailed by registered mail, postage prepaid, to the other party.