Modifications definition
Examples of Modifications in a sentence
Modifications to this Agreement or the Plan can be made only in an express written agreement executed by a duly authorized officer of the Company.
For the avoidance of doubt, the Indenture Trustee shall have no obligation to approve or consent to, or monitor compliance of the Servicer with the satisfaction of the conditions related to, any Permitted Modifications.
For the avoidance of doubt, the Borrower shall not be required to deliver any Proposed Sustainability Modifications (and any failure to do so (i) shall not constitute a Default or Event of Default but (ii) shall enable the Borrower to make an election, in its sole discretion, in respect of a Sustainability-Linked Cessation as described in clause (ii) of the immediately preceding sentence).
The Servicer is hereby authorized to grant extensions, modifications, amendments or adjustments on a Receivable (collectively, “Receivable Modifications”) without the prior consent of the Owner of such Receivable provided that such Receivable Modifications are Permitted Modifications (as defined below).
Such Defaulting ▇▇▇▇▇▇’s right to approve or disapprove any amendment, waiver or consent with respect to this 14640666v7 Agreement shall be restricted as specified in the definition of Required Lenders and Section 11.1 [Modifications, Amendments or Waivers].