Limitation on Modifications Clause Samples
A Limitation on Modifications clause restricts the ability of parties to alter the terms of an agreement except under specified conditions. Typically, this clause requires that any changes to the contract must be made in writing and signed by all parties involved, preventing informal or unilateral amendments. Its core function is to ensure contractual certainty and prevent disputes by clearly defining how and when modifications can be made.
Limitation on Modifications. The foregoing modifications are only applicable and shall only be effective in the specific instance and for the specific purpose for which made, are expressly limited to the facts and circumstances referred to herein, and shall not operate as (i) a waiver of, or consent to non-compliance with any other provision of the Agreement or any other Loan Document, (ii) a waiver or modification of any right, power or remedy of either the Administrative Agent or any Lender under the Agreement or any Loan Document, or (iii) a waiver or modification of, or consent to, any Event of Default or Default under the Agreement or any Loan Document.
Limitation on Modifications. This Indenture shall not be modified or amended in any respect except as provided in and in accordance with and subject to the provisions of this Article.
Limitation on Modifications. (a) The Company shall not amend, modify, waive or otherwise change any provision of the Company Operating Agreement without the prior written consent of the Majority Holders.
(b) The Company shall not amend, modify, waive or otherwise change any provision of the MBIA Facility without the prior written consent of the Majority Holders.
(c) The Company shall not amend, modify, waive or otherwise change any provision of the Subordinated Facility without the prior written consent of the Majority Holders.
Limitation on Modifications. Borrower shall not amend, supplement or otherwise modify any document related to the Other Residual Financing Facility without prior written notice to Lender. In the event of any such amendment, supplement or other modification to the Other Residual Financing Facility, Lender may, in its sole discretion, either require or reject a parallel amendment, supplement or other modification to the applicable Lender Loan Document.
Limitation on Modifications. Section 12.2. Supplemental Indentures Without Noteholders' Consent . . . . . . . . . . . 55 Section 12.3. Supplemental Indentures With Noteholders' Consent . . . . . . . . . . . 55 Section 12.4. Supplemental Indenture Part of the Indenture. . . . . . . . . . . . . . . . . 57
Limitation on Modifications or Prepayments of Indebtedness; Modifications of Certificate of Incorporation, By-laws and Certain Other Agreements; Etc. ................................................................................................. 82 Section 6.10
Limitation on Modifications of the Borrower's Certificate of Incorporation and By-Laws. The Borrower and Panamerican Beverages, Inc. shall report to the Bank within 10 business days any material amendment, modification or change of its certificate of incorporation and by-laws, or after it has taken any other action in connection with any constitutional document that would reasonably by likely to result in Material Adverse Effect.
Limitation on Modifications. Notwithstanding any provision in this Agreement, Modifications may only be created and used by Customer as permitted by this Agreement and Modification Source Code may not be distributed to third parties. Customer will not assert against FINSERVE, its affiliates, or their customers, direct or indirect, agents and contractors, in any way, any patent rights that Customer may obtain relating to any Modifications for FINSERVE, its affiliates’, or their customers’, direct or indirect, agents’ and contractors’ manufacture, use, import, offer for sale or sale of any FINSERVE products or services.
Limitation on Modifications. Except as specifically amended hereby, all terms contained in the Purchase Agreement shall remain in full force and effect.
Limitation on Modifications. 68 Section 10.2. Supplemental Indentures Without Bondholders' Consent..................................................... 68 Section 10.3. Supplemental Indentures with Bondholders' Consent..................................................... 69 Section 10.4. Supplemental Indenture Part of the Indenture................. 70 Section 10.5. Trustee Authorized to Join in Supplements; Reliance on Counsel......................................... 70 ARTICLE XI