Variation of LPA Sample Clauses

Variation of LPA. 13.2.1 The restrictions contained in Sections 93 and 103 of the LPA shall not apply to this Deed or any Legal Charge or to the exercise by the relevant Chargee or any Receiver of its right to consolidate all or any of the Borrower Security with any other security in existence at any time or to its power of sale, which powers may be exercised by (a) the Borrower Security Trustee or any Receiver appointed by the Borrower Security Trustee without notice to the Obligors during any Enforcement Period and (b) the Subordinated Security Trustee or any Receiver appointed by the Subordinated Security Trustee without notice to the Obligors at any time after the Subordinated Security Trustee is permitted to take Intercreditor Enforcement Action in accordance with the terms of the Senior/Subordinated Intercreditor Agreement.
Sample 1
AutoNDA by SimpleDocs

Related to Variation of LPA

  • VARIATION OF AGREEMENT 6.1 Subject to clauses 3.2, 6.2 and 6.3, this Agreement may be varied at any time if agreed between the Administrator and the Sector Association.

  • VARIATION OF TERMS All terms and any variations thereof shall be deemed to refer to masculine, feminine, or neuter, singular or plural, as the identity of the Person or Persons may require.

  • Formation of LLC THIS OPERATING AGREEMENT (“Agreement”) is entered into on , by the following: Single-Member: _ _, with a mailing address: _ _ (“Member”). The Member in the above-described Limited Liability Company (“LLC”) agrees as follows:

  • Variation of the Agreement The Agreement may be amended at any time by agreement in writing between the Organisation and the Ministry.

  • VARIATION OF TERMS AND CONDITIONS The Bank may at any time amend or vary any of these terms and conditions governing the operation or use of the TBS. The Bank shall notify the Account Holder of any changes. If the Account Holder continues to use or operate the TBS after the Bank has given such notice of change, the Account Holder shall be deemed to have accepted and agreed to such changes without reservation.

  • Definition of Layoff A layoff shall be defined as a reduction in the work force or a reduction in the regular hours of work as defined in this Agreement.

  • Variation of Charges (a) Subject to clause 5.6(b), ARTC will immediately pass on to the Access Holder any net effect of any imposition of new taxes or charges, increases or decreases in taxes or charges (other than income tax) which is a tax, royalty, rate, duty, levy or impost of general application imposed on ARTC by any government or regulatory authority and which is directly attributable to the provision by ARTC to the Access Holder of access to the Network.

  • Variation Agreement (1) The First Variation Agreement is ratified.

  • Definition of Lay-Off A lay-off shall be defined as a lack of work, reduction in the work force or a reduction in the regular hours of work as defined in this Agreement.

  • Variation of Management Agreement The State and the Company agree to vary the Management Agreement by:-

Time is Money Join Law Insider Premium to draft better contracts faster.