Loan Document Modifications Clause Samples

The Loan Document Modifications clause defines the rules and procedures for making changes to the terms of a loan agreement. Typically, this clause outlines who must consent to amendments, such as requiring written approval from both the lender and the borrower before any modifications become effective. For example, it may specify that interest rate changes, repayment schedule adjustments, or covenant alterations cannot be made unilaterally. The core function of this clause is to ensure that all parties are aware of and agree to any changes, thereby preventing unauthorized or unexpected alterations to the loan terms.
Loan Document Modifications. Modifications to any Loan Documents, in form and substance reasonably satisfactory to Lender, as shall be required in accordance with the terms of this Agreement, shall have been duly executed and delivered by the parties thereto and shall be in full force and effect, and Lender shall have received the originals or fully executed counterparts thereof.
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Loan Document Modifications. Certain Loan Documents are hereby modified and amended as specifically set forth in Exhibit “E”, attached hereto and incorporated herein.
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Loan Document Modifications. 8.1 Borrower shall, within ten (10) Business Days following Lender’s written request, execute and deliver to Lender such documents, instruments, certificates, assignments and other writings, and do such other acts necessary, to evidence, preserve and/or protect the Collateral (and/or Collateral Agent’s security interest therein) at any time securing or intended to secure the Note, as Lender may reasonably require (including, without limitation, amendments or modifications to the Mortgages, UCC financing statements or Collateral Security Instruments and a satisfactory date-down of the Title Insurance Policy).
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Loan Document Modifications a. The following defined terms in Article 1 of the Loan Agreement are amended and restated as follows:
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Loan Document Modifications. The following modifications are hereby made to the Assumed Loan Documents: (a) From and after the date hereof, all references to the defined term "Loan Documents" in any of the Assumed Loan Documents (and any documents executed concurrently with this Agreement) shall be deemed to mean, collectively, (i) this Assumption Agreement, (ii) the Assumed Loan Documents, (iii) the New Guaranty, (iv) the New Environmental Indemnity, (v) the New Management Agreement Subordination, and (vi) any new UCC-1 financing statements filed or recorded in connection herewith. (b) From and after the date hereof, all references to the defined terms "Note," and "Security Instrument" in any of the Assumed Loan Documents shall be deemed to mean such document as modified hereby. (c) From and after the date hereof, the Note shall be modified as follows: (i) Clause (a)(iii) of Section 8.2 of the Note shall be amended and restated as follows:
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Loan Document Modifications. The following modifications are hereby made to the Loan Documents: (a) From and after the date hereof, all references to the defined term “Loan Documents” in any of the Assumed Loan Documents (and any documents executed concurrently with this Agreement) shall be deemed to mean, collectively, (i) this Assumption Agreement, (ii) the Note, the Security Instrument, the County UCC and the State UCC, in each case as modified hereby, (iii) the Replacement Reserve Agreement, (iv) the O&M Agreement, (v) the replacement Assignment of Management Agreement, (vi) the new Guaranty, and (vii) any UCC-1 financing statements filed or recorded in connection herewith. (b) From and after the date hereof, all references to the defined terms “Note” and “Security Instrument”, in any of the Loan Documents shall be deemed to mean such document as modified hereby. (c) Effective as of the Effective Date, the Security Instrument is hereby amended as follows: (i) The introductory paragraph is hereby amended to restate the notice addresses as follows: Lender: U.S. BANK NATIONAL ASSOCIATION, as Trustee for the registered holders of ▇.▇. ▇▇▇▇▇▇ ▇▇▇▇▇ COMMERCIAL MORTGAGE SECURITIES CORP., MULTIFAMILY MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2011-K702, whose address is c/o Wells Fargo Bank, N.A., Commercial Mortgage Servicing, ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, 7th Floor, Oakland, California 94612, Attn: Asset Manager Borrower: SIR SPRING CREEK, LLC, a Delaware limited liability company, whose address is c/o Steadfast Asset Holdings, Inc., ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇., Suite 500, Irvine, California 92612 (ii) Section 1(ttt) is hereby amended and restated as follows: “Property Manager” means Steadfast Management Company, Inc., a California corporation.
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Loan Document Modifications. The Loan Documents are hereby modified and amended as follows: (a) Section 7.03(c) of the Loan Agreement is hereby deleted m its entirety and replaced with the following:
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Loan Document Modifications. The Loan Documents are modified as follows:
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Loan Document Modifications 
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Related to Loan Document Modifications

  • Agreement Modifications No waiver, alteration or modification of any of the provisions of this Construction Services Agreement shall be binding upon either District or Contractor unless the same shall be in writing and signed by both District and Contractor.

  • Agreement Modification 15.1 Any agreement to change the terms of this Agreement in any way shall be valid only if the change is made in writing and approved by mutual agreement of authorized representatives of the parties hereto.

  • Complete Agreement; Modifications This Agreement and any documents referred to herein or executed contemporaneously herewith constitute the parties’ entire agreement with respect to the subject matter hereof and supersede all agreements, representations, warranties, statements, promises and understandings, whether oral or written, with respect to the subject matter hereof. This Agreement may be amended, altered or modified only by a writing signed by the Company and the Holders of a majority of the Registrable Securities then outstanding.

  • Complete Agreement; Modification This Agreement sets forth the entire agreement of the parties with respect to the subject matter hereof, and supersedes any previous oral or written communications, negotiations, representations, understandings, or agreements between them. Any modification of this Agreement shall be effective only if set forth in a written document signed by you and a duly authorized officer of the Company.

  • Amendment; Modification No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing and signed by both Parties.