Amendments; Changes; Modifications. This Agreement (a) may be amended, supplemented or modified only by written instrument duly executed by the parties hereto; (b) shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns, and (c) except as provided in Section 3.1 hereof, may not be terminated or assigned by any party hereto without the prior written consent of the other party hereto. Any succession as a result of merger or acquisition by either party shall not require any assignment or written modification hereof, and any such successor shall be considered as an original party hereto.
Appears in 2 contracts
Sources: Servicing Agreement (Pheaa Student Loan Trust I), Servicing Agreement (Pheaa Student Loan Foundation Inc)