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.
Sample 1Sample 2Sample 3
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: 00000XXX0
Sample 1Sample 2
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: 00000XXX0
Sample 1Sample 2

Examples of MODIFICATION AND WAIVER in a sentence

  • Modification and Waiver of Holders’ Contractual Rights Under certain circumstances, we can make changes to the Indenture and the securities (including the Notes).

  • 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.

  • Modification and Waiver TDCC and the trustee may modify and amend the Indenture with the consent of the holders of more than 50% of the principal amount of the outstanding debt securities of each series which is affected.

  • 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.

  • Suspected ethical violations by directors or executive officers will not be considered to violate our Code if and only if the Board of Directors, with regard to the matter under consideration, has determined that the activity which gives rise to the suspected ethical violation is waived as required by the "Amendment, Modification and Waiver" section below.

  • Modification and Waiver of the Indentures An Issuer and the Trustee may enter into supplemental indentures for the purpose of modifying or amending an indenture with the consent of holders of at least a majority in aggregate principal amount of each series of the outstanding notes affected.

  • For the purposes of Conditions 9 (Prescription), 10 (Events of Default), 12 (Enforcement), 13 (Replacement of Bonds and Coupons) and 15 (Meetings of Bondholders, Modification and Waiver) receipts issued pursuant to this Condition shall be treated as if they were Bonds.

  • Modification and Waiver The consent of the holders of a majority in principal amount of the outstanding new notes is required to modify or amend the Indenture.

  • 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.

  • At any time while any Senior Notes are outstanding, no amendment or waiver of the terms and conditions of this Agreement may be made by the Lender or the Borrower unless such amendment or waiver is permitted by and made in accordance with the terms of the Indenture and any amendment or waiver made in contravention of this Section 9 (Modification and Waiver) shall be void.


More Definitions of MODIFICATION AND WAIVER

MODIFICATION AND WAIVER. The indenture governing the Xxxxxxx Xxxxx 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 Xxxxxxx Xxxxx 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 Xxxxxxx Xxxxx Securities. Currency of Denomination: U.S. dollars Form: Book-Entry CUSIP: 38141GCU67
Sample 1
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
Sample 1
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: 000000XX0
Sample 1
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: 000000XX0
Sample 1

Related to MODIFICATION AND WAIVER

  • Modification Agreement means any agreement between the Issuer (or the Servicer acting on its behalf) and a Supplier for the purchase and/or installation of a Required Modification or an Optional Modification.

  • Restatement Agreement means the Restatement Agreement to the Existing Credit Agreement, dated as of July 17, 2015, by and among the Borrower, the other Loan Parties, the Administrative Agent, the Lenders party thereto and the other parties thereto.

  • Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Waiver Agreement means an agreement between

  • Amendment means a written agreement, signed by the Parties, which documents changes to the Contract other than those permitted by Work Orders.

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • Seventh Amendment means that certain Seventh Amendment to Revolving Credit and Security Agreement, dated as of the Seventh Amendment Date, by and among Borrowers, Lenders and Agent.

  • Supplemental Agreement means an agreement supplemental to this Agreement, substantially in the form set out in Schedule 1 to this Agreement to be entered into by the Secretary of State and the Company pursuant to which the Company agrees to establish and maintain, and to carry on or provide for the carrying on, and the Secretary of State agrees to fund, an Academy in accordance with the terms and conditions of that Supplemental Agreement and this Agreement;

  • ESG Amendment has the meaning specified in Section 2.18.

  • Ninth Amendment means the Ninth Amendment to Amended and Restated Senior Secured Credit Agreement, dated as of February 11, 2022, by and among Administrative Agent, Collateral Agent, Lenders, the Borrower, Parent and Guarantors.

  • Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.

  • Tenth Amendment means that certain Tenth Amendment to Credit Agreement, dated as of November 15, 2019, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent and the Lenders party thereto.

  • Sixth Amendment means the Sixth Amendment to Credit Agreement dated as of March 7, 2011 among the Borrower, the Lenders party thereto and the Administrative Agent.

  • Third Amendment means that certain Third Amendment to Amended and Restated Credit Agreement dated as of the Third Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Eleventh Amendment means that certain Eleventh Amendment to Credit Agreement, dated as of April 29, 2022, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent, the Lenders party thereto, the Revolving Letter of Credit Issuers and the various other parties party thereto.

  • Eighth Amendment means that certain Eighth Amendment to Second Amended and Restated Credit Agreement and First Amendment to Second Amended and Restated Guaranty and Collateral Agreement, dated as of the Eighth Amendment Effective Date, among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto.

  • Fifth Amendment means that certain Fifth Amendment to Credit Agreement, dated as of December 14, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders, Letter of Credit Issuers and other Credit Parties party thereto.

  • Amendment Documents means this Amendment, the Credit Agreement (as amended by this Amendment), and each certificate and other document executed and delivered by the Borrowers pursuant to Section 5 hereof.

  • Addendum / Amendment means any written amendment / addendum /corrigendum to this RFP, from time to time issued by NMRC to the prospective bidders

  • Loan Modification Agreement means a Loan Modification Agreement, in form reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Accepting Lenders, effecting one or more Permitted Amendments and such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.24.

  • Supplemental Agreements means the First Supplemental Agreement, the Second Supplemental Agreement, the Third Supplemental Agreement, the Fourth Supplemental Agreement, the Fifth Supplemental Agreement and the Sixth Supplemental Agreement.

  • Consent and Agreement means the Manufacturer Consent and Agreement [____], dated as of even date with the Participation Agreement, of Airframe Manufacturer.

  • Assignment/Amendment We reserve the right to change this Service Agreement (including the price or to charge an additional fee) and to delegate any of Our obligations at Our sole discretion provided We give You thirty (30) days’ prior written notice of the changes. The changes will become effective thirty (30) days after We send You the notice. If You do not like the changes, You may cancel this Service Agreement. You may not change this Service Agreement or delegate any of Your obligations. Should certain terms or conditions in this Service Agreement be held to be invalid or unenforceable, the remainder of the terms and conditions in this Service Agreement shall remain valid. Transfer: This Service Agreement is not transferable by You. Responsibility for benefits owed to You: This is not an insurance policy; it is a Service Agreement. HomeServe will serve as Your point-of-contact for all questions or concerns. Our obligations under this Service Agreement are insured under a service contract reimbursement insurance policy. If We fail to pay or to deliver service on a claim within sixty (60) days after proof of loss has been filed, or in the event You cancel this Service Agreement and We fail to issue any applicable refund within sixty (60) days after cancellation, You are entitled to make a claim against the insurer, Virginia Surety Company, Inc., 000 Xxxx Xxxxxxx Xxxx., 11th Floor, Chicago, IL 60604, 0-000-000-0000. Our Liability: To the extent permitted by applicable law, (1) You agree that We and HomeServe, and both of our parents, successors, affiliates, approved technicians and our and their officers, directors, employees, affiliates, agents and contractors shall not be liable to You or anyone else for: (a) any actual losses or direct damages that exceed the lowest applicable per covered repair benefit limit set out above; or (b) any amount of any form of indirect, special, punitive, incidental or consequential losses or damages, including those caused by any fault, failure, delay or defect in providing services under this Service Agreement, and (2) these limitations and waivers shall apply to all claims and all liabilities and shall survive the cancellation or expiration of this Service Agreement. You may have other rights that vary from state to state. Arbitration: YOU, NAW AND HOMESERVE ALL AGREE TO RESOLVE DISPUTES ONLY BY FINAL AND BINDING ARBITRATION OR IN SMALL CLAIMS COURT as follows:

  • Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of August 17, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.