Common use of Additional Modifications Clause in Contracts

Additional Modifications. (a) The following provisions of the Operating Agreement are hereby deleted from the Operating Agreement: (i) Definition of “Construction Loan Guaranty”; (ii) Second sentence of definition of “Cost Overruns”; (iii) “Echelon Place Cost Overrun”; (iv) Section 4.01; (v) Section 5.01(b) and 5.01(c); (vi) Section 5.02; (vii) Section 5.06(a) and Exhibit K; (viii) Section 9.03; and (ix) Section 9.06. (b) The letter agreement between Morgans and ▇▇▇▇ dated May 15, 2006 is hereby terminated and is null, void and of no further force or effect.