Modification and Waiver definition

Modification and Waiver. The Committee may amend or modify this Incentive 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 Incentive Stock Option Award Agreement are final and conclusive.
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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
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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
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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.

  • Modification and Waiver of Your Contractual RightsUnder certain circumstances, we can make changes to the indenture and the securities.

  • Any Programme Resolution to direct the Security Trustee to serve an Issuer Acceleration Notice, a Notice to Pay or a CBC Acceleration Notice, and any direction to the Security Trustee to take any enforcement action must be passed at a single meeting of the holders of all Covered Bonds of all Series then outstanding as set out in more detail in Condition 15 (Meetings of Covered Bondholders, Modification and Waiver) and cannot be decided upon at a meeting of Covered Bondholders of a single Series.

  • In addition to the Trustee's right to agree to changes to the Transaction Documents to correct a manifest error, or to changes which, in its opinion, are not materially prejudicial to the interests of the Noteholders of any Class without the consent of the Noteholders, modifications may also be made and waivers granted in respect of certain other matters, which the Trustee is obliged to consent to without the consent of the Noteholders as set out in Condition 14(c) (Modification and Waiver).

  • In accordance with Condition 14(c) (Modification and Waiver) the Issuer shall notify the Noteholders, Rating Agencies and any Hedge Counterparties of the amendments made pursuant to this Deed, on or as soon as reasonably practicable after the Amendment Effective Date.

  • In addition to the Trustee’s right to agree to changes to the Transaction Documents to correct a manifest error, or to changes which, in its opinion, are not materially prejudicial to the interests of the Noteholders of any Class without the consent of the Noteholders, modifications may also be made and waivers granted in respect of certain other matters, subject to the prior consent of the Trustee but without the consent of the Noteholders as set out in Condition 14(c) (Modification and Waiver).

  • A resolution to direct the Trustee to (i) accelerate the Covered Bonds pursuant to Condition 9 (Events of Default and Enforcement), (ii) take any enforcement action, or (iii) remove or replace the Trustee's Director, must be passed by a Programme Resolution, as set out in more detail in Condition 14 (Meetings of Covered Bondholders, Modification and Waiver) and can therefore not be decided upon at a meeting of Covered Bondholders of a single Series.

  • The Capital Securities so purchased, while held by or on behalf of the Issuer or any such Subsidiary shall not entitle the Holder to vote at any meeting of the Holders and shall not be deemed to be outstanding for the purposes of calculating quorums at meetings of the Holders or for the purposes of Condition 16 (Meetings of Holders; Modification and Waiver; Issuer Substitution).

  • By acquiring an interest in the Class A-1 Notes (being the Controlling Class) on the 2021 Refinancing Date, each Class A-1 Noteholder shall be deemed to have consented to such amendment and accordingly, consent to such amendment shall be deemed to have been given by, and shall take effect as an Ordinary Resolution of, the Controlling Class for the purposes of Condition 14(c)(xii) (Modification and Waiver).

  • Condition 16 (Meetings of Noteholders; Noteholders’ Representative; Modification and Waiver) and the provisions of the Trust Deed concerning the meetings of Noteholders and the appointment of a Noteholders’ Representative in respect of the Notes are subject to compliance with Italian law.


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
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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
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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
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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
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Related to Modification and Waiver

  • bond waiver means an agreement with a developer for the provision of a form of financial security as a substitute for a bond; "calendar year" means the twelve months ending with 31st December;

  • 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 the Joinder and Seventh Amendment to Credit Agreement, dated as of the Seventh Amendment Effective Date, by and among the Borrower, the other Loan Parties party thereto, the Lenders party thereto, and Agent.

  • Supplemental Agreement Any supplemental agreement entered into pursuant to Article IX hereof.

  • ESG Amendment has the meaning specified in Section 2.18.

  • Ninth Amendment means that certain Ninth Amendment to Credit Agreement and Fifth Amendment to Pledge and Security Agreement, dated as of November 4, 2016, by and among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • 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 the Eighth Amendment to Amended and Restated Revolving Credit and Security Agreement, dated as of the Eighth Amendment Effective Date, by and among Agent, Lenders and the Loan Parties.

  • 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.

  • Tariff Amendment means an amendment made by XXXXX, from time to time, to the tariff applicable to this Licence, on notice to the Licensee.

  • 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.

  • Permit modification means a revision to a Title V operating permit that cannot be accomplished under the provisions for administrative permit amendments found at rule 567—22.111(455B). A permit modification for purposes of the acid rain portion of the permit shall be governed by the regulations pertaining to acid rain found at rules 567—22.120(455B) to 567—22.147(455B). This definition of “permit modification” shall be used solely for purposes of this chapter governing Title V operating permits.

  • Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of May 31, 2018 among the Borrower, the Subsidiary Guarantors, the Administrative Agent, the Collateral Agent, each Issuing Lender, each Revolving Lender, each 2018 Converting Replacement Term B-3 Loan Lender and each 2018 New Replacement Term B-3 Loan Lender.