Amendment to Assignment Sample Clauses
The Amendment to Assignment clause establishes the process and conditions under which changes can be made to an existing assignment of rights or obligations under a contract. Typically, this clause requires that any modifications to the assignment be made in writing and agreed upon by all relevant parties, ensuring that no party can unilaterally alter the terms. Its core practical function is to maintain clarity and mutual consent regarding any changes to the assignment, thereby preventing disputes and unauthorized modifications.
Amendment to Assignment. Recital A of the Assignment is hereby amended in its entirety to read as follows:
A. Lender has agreed to make a revolving loan to Borrower in a principal amount of up to One Hundred Fifty Million Dollars ($150,000,000) (the “Loan”) pursuant to the terms of a Loan Agreement dated as of September 25, 2000, as amended by a First Amendment to Loan Agreement dated as of July 13, 2001, by a Second Amendment to Loan Agreement and to Other Loan Documents dated as of March 28, 2002 and by a Third Amendment to Loan Agreement and to Other Loan Documents dated as of January 10, 2003 (as the same may be amended, supplemented or otherwise modified from time to time, including any other instruments executed or delivered in renewal, extension, rearrangement or otherwise in replacement of said Loan Agreement, the “Loan Agreement”), the proceeds of which Loan are available to the Borrower subject to the terms and conditions of the Loan Agreement.”
Amendment to Assignment. Recital A of the Assignment is hereby amended to read in its entirety as follows:
A. Lender has agreed to make a revolving loan to Borrower in a principal amount of up to One Hundred Million Dollars ($100,000,000) (the “Loan”) pursuant to the terms of a Loan Agreement dated as of September 25, 2000, as amended by a First Amendment to Loan Agreement dated as of July 13,2001 and by a Second Amendment to Loan Agreement and to Other Loan Documents dated as of March 28, 2002 (as the same may be amended, supplemented or otherwise modified from time to time, including any other instruments executed or delivered in renewal, extension, rearrangement or otherwise in replacement of said Loan Agreement, the “Loan Agreement”), the proceeds of which Loan are available to the Borrower subject to the terms and conditions of the Loan Agreement.”
Amendment to Assignment. Effective on (and subject to the occurrence of) the Amendment Effective Date, the Assignment shall be amended in accordance with Section 4.1:
Section 4.1. The First Recital to the Assignment shall be amended by replacing the dollar amount "$115,000,000" with the dollar amount "$129,400,000" therefor.
Amendment to Assignment of Rents and Leases executed by Borrower;