Amendments to Underlying Instruments Sample Clauses

Amendments to Underlying Instruments. (a) In the performance of its obligations hereunder, so long as no Event of Default shall have occurred and be continuing, the Borrower (or the Services Provider on its behalf) may enter into any amendment or waiver of, or supplement to, any Underlying Instrument (each, an “Amendment”); provided that:
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Amendments to Underlying Instruments. (a) Subject to the restrictions contained in this Section 12.5, the Issuer may enter into any exchange, amendment or waiver of or supplement to any Underlying Instrument.
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Amendments to Underlying Instruments. (a) The Issuer may enter into any exchange, amendment or waiver of or supplement to any Underlying Instrument; provided that the prior written consent of a Majority of the Controlling Class to any such exchange, amendment, waiver or supplement shall be required if (i) an Event of Default has occurred and is continuing or would result from such exchange, amendment, waiver or supplement, (ii) such exchange, amendment, waiver or supplement, individually or together with all other such amendments, waivers and/or supplements, would result in a Material Adverse Effect or (iii) such exchange, amendment, waiver or supplement constitutes a Specified Change; provided that in the case of the foregoing clause (iii), if the Majority of the Controlling Class have not responded in any manner to a request relating to such exchange, amendment, waiver or supplement within 15 Business Days following the delivery of notice thereof, the Majority of the Controlling Class shall have been deemed to consent to such exchange, amendment, waiver or supplement. Any Collateral Obligation that, as a result of any amendment or supplement thereto, ceases to qualify as a Collateral Obligation, will thereafter have a value equal to zero when calculating the Principal Collateralization Amount for purposes of the Overcollateralization Ratio Test for so long as it remains unqualified to be a Collateral Obligation by the terms of the Indenture. In the event of an amendment or supplement to a Collateral Obligation that results in the failure of the Maximum Weighted Average Life Test (but would otherwise qualify as a Collateral Obligation), such Collateral Obligation will thereafter be treated as a Defaulted Obligation until such time as the Maximum Weighted Average Life Test is satisfied (provided that, if at the time of such satisfaction of the Maximum Weighted Average Life Test, such Collateral Obligation would otherwise be considered a Defaulted Obligation in accordance with the terms of the Indenture, such Collateral Obligation will continue to be treated as a Defaulted Obligation).
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Amendments to Underlying Instruments. (a) In the performance of its obligations hereunder, so long as no Event of Default shall have occurred and be continuing, the Borrower (or the Collateral Manager on its behalf ) may enter into any amendment, modification or waiver of, consent or supplement to, or inaction with respect to any Underlying Instrument (each, an “Amendment”); provided that: (1) [reserved] (2) if , in the Borrower’s commercially reasonable discretion, such Amendment constitutes a Material Modif ication, (A) the Borrower shall use commercially reasonable ef forts to have delivered to the Administrative Agent promptly (and in any case within f ive 113 Business Days of knowledge thereof) notice thereof , inc luding a summary of such Amendment, and to the extent provided to the Borrower, copies of the near- f inal draf t documentation (each, a “Material Modification Draft Amendment Package”); and (B) following receipt of such notice, (x) the Administrative Agent may provide written notice to the Borrower that the Administrative Agent has determined that such Amendment is a Value Adjustment Event with respect to the related Collateral Obligation; or (y) if the Administrative Agent has not responded within 5 Business Days, then such Amendment shall be deemed not to be a Value Adjustment Event with respect to the related Collateral Obligation. (3) if , in the Borrower’s commercially reasonable discretion, such Amendment does not constitute a Material Modif ication, the Borrower shall us e commercially reasonable efforts to have delivered to the Administrative Agent promptly (and in any case within five Business Days of knowledge thereof) notice thereof , along with a summary of such Amendment (each, a “Non-Material Modification Draft Amendment Package” and, together with any Material Modif ication Draf t Amendment Package, a "Draft Amendment Package"). (b) If an Event of Default has occurred and is continuing, the Borrower (or the Collateral Manager on its behalf) may not enter into any Material Modif ication unless the Administrative Agent has otherwise consented to such Amendment in its sole and absolute discretion. If an Event of Default has occurred and is continuing or would result from any such Amendment, the Adjusted Balance of any Collateral Obligation that is the subject of a Material Modif ication for which the Administrative Agent has not granted its consent shall be determined by the Administrative Agent in its sole discretion. (c) The Borrower (i) shall deliver executed co...
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Amendments to Underlying Instruments. 112 SECTION 9.
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Related to Amendments to Underlying Instruments

  • Amendments to Documents The Trust shall furnish BISYS written copies of any amendments to, or changes in, any of the items referred to in Section 18 hereof forthwith upon such amendments or changes becoming effective. In addition, the Trust agrees that no amendments will be made to the Prospectuses or Statement of Additional Information of the Trust which might have the effect of changing the procedures employed by BISYS in providing the services agreed to hereunder or which amendment might affect the duties of BISYS hereunder unless the Trust first obtains BISYS' approval of such amendments or changes.

  • Amendments to the Loan and Security Agreement (a) The Loan and Security Agreement shall be amended as follows effective as of the Amendment Effective Date:

  • Amendments to Loan Documents Upon any such assignment, the Borrower and the Guarantors shall, upon the request of the Agent, enter into such documents as may be reasonably required by the Agent to modify the Loan Documents to reflect such assignment.

  • Amendments to Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendments to Financing Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Financing Agreement is hereby amended as follows:

  • Amendments to Agreements The Company shall not amend, modify or otherwise change the Warrant Agreement, Trust Agreement, Registration Rights Agreement, Purchase Agreements, the Services Agreement, or any Insider Letter without the prior written consent of the Representative which will not be unreasonably withheld. Furthermore, the Trust Agreement shall provide that the trustee is required to obtain a joint written instruction signed by both the Company and the Representative with respect to the transfer of the funds held in the Trust Account from the Trust Account, prior to commencing any liquidation of the assets of the Trust Account in connection with the consummation of any Business Combination, and such provision of the Trust Agreement shall not be permitted to be amended without the prior written consent of the Representative.

  • Amendments to Existing Agreement The Existing Agreement is, effective as of the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 2 hereof, hereby amended as follows:

  • Amendments to the Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendments to Servicing Agreements, Modification of Standard Provisions (a) Subject to the prior written consent of the Trustee pursuant to Section 3.07(b), the Master Servicer from time to time may, to the extent permitted by the applicable Servicing Agreement, make such modifications and amendments to such Servicing Agreement as the Master Servicer deems necessary or appropriate to confirm or carry out more fully the intent and purpose of such Servicing Agreement and the duties, responsibilities and obligations to be performed by the Servicer thereunder. Such modifications may only be made if they are consistent with the REMIC Provisions, as evidenced by an Opinion of Counsel. Prior to the issuance of any modification or amendment, the Master Servicer shall deliver to the Trustee such Opinion of Counsel and an Officer's Certificate setting forth (i) the provision that is to be modified or amended, (ii) the modification or amendment that the Master Servicer desires to issue and (iii) the reason or reasons for such proposed amendment or modification.

  • Amendments to Security Agreement The Security Agreement is hereby amended as follows:

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