Common use of Amendments, Modifications and Waivers Clause in Contracts

Amendments, Modifications and Waivers. The provisions of this Student Loan Repurchase Agreement cannot be amended, waived or modified unless such amendment, waiver or modification be in writing and signed by the parties hereto and a Rating Confirmation (as defined in the Indenture) has occurred. Inaction or failure to demand strict performance shall not be deemed a waiver.

Appears in 4 contracts

Samples: Student Loan Repurchase Agreement (Consolidation Loan Funding Ii, LLC), Student Loan Repurchase Agreement (Goal Capital Funding, LLC), Student Loan Repurchase Agreement (Goal Capital Funding, LLC)

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Amendments, Modifications and Waivers. The provisions of this Student Loan Repurchase Agreement cannot be amended, waived or modified unless such amendment, waiver or modification be in writing and signed by the parties hereto and the Trustee has received a Rating Confirmation (as defined in the Indenture) has occurred). Inaction or failure to demand strict performance shall not be deemed a waiver.

Appears in 3 contracts

Samples: Student Loan Repurchase Agreement (Higher Education Funding I), Student Loan Repurchase Agreement (Higher Education Funding I), Student Loan Repurchase Agreement (Higher Education Funding I)

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