Common use of Waiver, Amendments, Etc Clause in Contracts

Waiver, Amendments, Etc. The Seller shall not waive, modify, amend, supplement or consent to any waiver, modification, amendment of or supplement to, any of the provisions of any of the Transaction Documents or Previous Series Transaction Documents or of its certificate of incorporation or by-laws (i) unless, if no Insurer Default shall have occurred and be continuing, Financial Security shall have consented thereto in writing or (ii) if an Insurer Default shall have occurred and be continuing, which would adversely affect the interests of Financial Security.

Appears in 14 contracts

Samples: Insurance and Indemnity Agreement (Arcadia Financial LTD), Insurance and Indemnity Agreement (Olympic Financial LTD), Insurance and Indemnity Agreement (Arcadia Financial LTD)

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