Letter Amendment Sample Clauses
A Letter Amendment clause defines the process by which changes or modifications can be made to the terms of a letter agreement. Typically, this clause requires that any amendments be made in writing and signed by all parties involved, ensuring that verbal agreements or informal changes are not considered valid. Its core practical function is to maintain clarity and prevent disputes by ensuring that all parties formally agree to any alterations in the original agreement.
Letter Amendment. Concurrently with the execution of this Agreement, Company, R▇▇▇ ▇▇▇▇▇▇ and Artistic Brands Development, LLC (f/k/a Iconic Fragrances, LLC) (“Licensor”) will execute an amendment (the “Letter Amendment”) to the Agreement dated April 3, 2009 by and between the Company and Licensor and the Letter Agreement dated April 3, 2009 by and between the Company, R▇▇▇ ▇▇▇▇▇▇ and Licensor, among other matters, setting forth certain provisions of the Parent Warrants and waiving certain payments due in connection with the Merger and the Transactions in the form agreed upon by Company, Parent, R▇▇▇ ▇▇▇▇▇▇ and Licensor.
Letter Amendment. Agent shall have received, in form and substance satisfactory to Agent, this Letter Amendment duly executed and delivered by the Lenders, Agent and Borrower.