MODIFICATION AND WAIVER definition

MODIFICATION AND WAIVER. The Committee may amend or modify this Non-Statutory Stock Option Award from time to time, prospectively or retroactively; PROVIDED, HOWEVER, that no such amendment or modification will adversely affect the rights of the Participant under this Award Agreement without his or her written consent. All decisions, determinations and interpretations of the Board of Directors, or the Committee thereof, in regards to the Plan and/or this Non-Statutory Stock Option Award Agreement are final and conclusive.
MODIFICATION AND WAIVER. The indenture governing the Verizon Maryland Securities may generally be modified with the consent of the holders of at least a majority in aggregate principal amount of the outstanding debt securities of all affected series issued under the indenture governing the Verizon Maryland Securities; provided that the consent of each affected holder is needed to modify certain payment provisions of the indenture governing the Verizon Maryland Securities. Currency of Denomination: U.S. dollars Form: Book-Entry CUSIP: ▇▇▇▇▇▇▇▇▇
MODIFICATION AND WAIVER. The indenture governing the GECC Securities may generally be modified with the consent of the holders of 2/3rds of the aggregate principal amount of the debt securities issued under the indenture governing the GECC Securities; provided that the consent of 100% of such holders is needed to modify certain payment provisions of the indenture governing the GECC Securities. Currency of Denomination: U.S. dollars Form: Book-Entry CUSIP: ▇▇▇▇▇▇▇▇▇

Examples of MODIFICATION AND WAIVER in a sentence

  • During the term of this agreement, when such work rule changes are implemented, the significant numbers provision of the Full Understanding, Modification and Waiver Article shall not apply to matters subject to restructuring impact negotiations within each department.

  • During the term of this agreement, when such work rule changes are implemented, the significant numbers provision of the Full Understanding, Modification and Waiver Article shall not apply to matters subject to restructuring impact negotiations within the Department of Health Services.

  • The provisions of Clauses 12 (Governing Law), 14 (Entire Agreement), 15 (Modification and Waiver), 16 (Severability), 18 (Counterparts), 20 (Notice), 24 (Waiver of Jury Trial) and 25 (Acknowledgement of Full Understanding) of the Employment Agreement are deemed to be incorporated in this Agreement with all necessary modifications as if they were set out in full in this Agreement.

  • The parties agree that Sections 12 (Arbitration), 16 (Entire Agreement), 17 (Modification and Waiver), 18 (Severability), 20 (Counterparts) and 23 (Successors and Assigns) of the Agreement apply to this Release.

  • Full Understanding, Modification and Waiver ................................................

  • REOPENER‌ Notwithstanding the provisions of Article 63, Full Understanding, Modification and Waiver, the parties agree that if during the term of this Agreement the financial condition of the County becomes such as that there is the need to reduce the hours and days of service, that either party has the right to request the other to negotiate over the possible creation and implementation of a mandatory time off program.

  • Notwithstanding the provisions of Article 58, Full Understanding, Modification and Waiver, the parties agree that if during the term of this Agreement the financial condition of the County becomes such as that there is the need to reduce the hours and days of service, that either party has the right to request the other to negotiate over the possible creation and implementation of a mandatory time off program.

  • Except as expressly modified pursuant to this Business Financing Modification and Waiver Agreement, the terms of the Existing Documents remain unchanged and in full force and effect.

  • This Modification and Waiver has been entered into solely for purposes of modifying the terms and conditions of the Note Purchase Agreement with respect to executing and performing the Other Agreements and the sale of the Notes thereunder, and not amending or modifying any other provision of the Note Purchase Agreement in any respect.

  • Among other indebtedness and obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to a loan arrangement dated as of September 9, 2013, evidenced by, among other documents, a certain Loan and Security Agreement, dated as of September 9, 2013, between Borrower and Bank, as amended by a certain First Loan Modification and Waiver Agreement, dated as of March 25, 2013 (as amended, the “Loan Agreement”).


More Definitions of MODIFICATION AND WAIVER

MODIFICATION AND WAIVER. The indenture governing the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Securities may generally be modified with the consent of the holders of at least a majority in aggregate principal amount of each affected series of outstanding debt securities issued under the indenture governing the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Securities; provided that the consent of the each holder of each affected series is needed to modify certain payment provisions of the indenture governing the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Securities. Currency of Denomination: U.S. dollars Form: Book-Entry CUSIP: 38141GCU67
MODIFICATION AND WAIVER. The indenture governing the EOP Securities may generally be modified with the consent of the holders of a majority in aggregate principal amount of each series of outstanding debt securities issued under the indenture governing the EOP Securities; provided that the consent of each holder of each affected series is needed to modify certain payment provisions of the indenture governing the EOP Securities. Currency of Denomination: U.S. dollars Form: Book-Entry CUSIP: 268766 BV3
MODIFICATION AND WAIVER. The indenture governing the Delphi Securities may generally be modified with the consent of the holders of at least a majority in aggregate principal amount of the outstanding debt securities of all affected series issued under the indenture governing the Delphi Securities; provided that the modification does not change certain payment provisions of the indenture governing the Delphi Securities. Currency of Denomination: U.S. dollars Form: Book-Entry CUSIP: ▇▇▇▇▇▇▇▇▇
MODIFICATION AND WAIVER. The indenture governing the Limited Brands Securities may generally be modified with the consent of the holders of at least a majority in aggregate principal amount of each affected series of outstanding debt securities issued under the indenture governing the Limited Brands Securities; provided that the consent of the each holder of each affected series is needed to modify certain payment provisions of the indenture governing the Limited Brands Securities. Currency of Denomination: U.S. dollars Form: Book-Entry CUSIP: ▇▇▇▇▇▇▇▇▇