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to an account designated by DD on or prior to the Deadline Date, $1,000,000 (the \u201cDD Payment\u201d);\n(iii) transfers, assigns and conveys, and causes the Company to transfer, assign and convey, to GD and DD (or their designee) pursuant to the terms of the B\u2587\u2587\u2587 of Sale attached hereto as Exhibit A (the \u201cB\u2587\u2587\u2587 of Sale\u201d) the following assets, properties and rights, free and clear of any security interests, liens or encumbrances:\n(A) the \u201cc\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587\u201d domain name (the \u201cDomain Name\u201d);\n(B) the \u201cc\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587\u201d website (excluding PPDA\u2019s or the Company\u2019s digital signature technology and the programming code as of the date hereof, but including the programming code and content as of December 19, 2005) and all e-mail addresses that use or include the \u201cc\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587\u201d domain name (collectively, the \u201cWebsite\u201d);\n(C) the following \u201cc\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587\u201d marks (collectively, the \u201cMarks\u201d): (1) the C\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587 m\u2587\u2587\u2587 represented by U.S. Patent and Trademark Office (\u201cPTO\u201d) Registration Number 2502133 (the \u201cFirst M\u2587\u2587\u2587\u201d); and (2) the C\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587 WE ARE E-COMMERCE m\u2587\u2587\u2587 represented by PTO Registration Number 2601124 (the \u201cSecond M\u2587\u2587\u2587\u201d), and all filings, renewals and rights to make filings and renewals in respect of the Marks and all goodwill and common law rights associated with and in respect of the Marks;\n(D) the right to use the c\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587 name;\n(E) the Company\u2019s affiliate program as it pertains to c\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587, and all advertising, marketing, referral and link relationships, in all cases as they pertain to c\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587, providing links to the Domain Name or the Website (excluding any program participation of, or relationships with, Baron Design Group, G\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587, and RapidVector); and\n(F) all goodwill and common law rights associated with and in respect of the foregoing (the items in clauses (A) thru (F), collectively, the \u201cSettlement Assets\u201d);\n(iv) without limiting the rights of the Shareholders (or their designee) under the B\u2587\u2587\u2587 of Sale, provides the Shareholders (or their designee) with an assignment of the Second M\u2587\u2587\u2587 for purposes of recording such assignment with the PTO, in the form attached hereto as Exhibit B (the \u201cSecond M\u2587\u2587\u2587 Assignment\u201d);\n(v) provides the Shareholders with a written release, in the form attached hereto as Exhibit C, signed by the Secured Parties (as defined in the Security Agreement dated June 29, 2006 among PPDA, PPDA\u2019s subsidiaries and the Collateral Agent (as defined therein) on behalf of the Secured Parties and the Collateral Agent (the \u201cSecurity Agreement\u201d)) with respect to the transfer, assignment and conveyance by PPDA and the Company to the Shareholders (or their designee) of the Settlement Assets;\n(vi) files in form satisfactory to the Shareholders UCC-3 termination statements with the Secretary of State of the State of Delaware covering the Settlement Assets in respect of the UCC-1 filings made by the Collateral Agent (as defined in the Security Agreement) against PPDA and the Company; and\n(vii) causes the Company to change its name such that it does not include \u201cc\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587\u201d (the conditions described above in clauses (i) through (vii) above, the \u201cModification Conditions\u201d), then\n(1) the Put Right shall automatically be deemed settled and terminated, and the Shareholders and Kauai shall be deemed to have waived and released all claims, actions and suits each of them may have against PPDA, the Company and their respective, affiliates, successors and assigns, present and former officer, directors, shareholders, representatives, agents, and employees, in their individual and representative capacities, arising out of the Put Right, including, without limitation, the exercise of the Put Right, any prior attempts to exercise the Put Right (and any revocation thereunder) and the circumstances which initially gave rise to the Put Right (i.e, the failure of PPDA to list the PPDA Common Stock on the Nasdaq Small Cap Market or AMEX by September 30, 2006); and\n(2) the Call Right of PPDA shall automatically be deemed terminated, and PPDA shall be deemed to have waived and released all claims, actions and suits it may have against the Shareholders and Kauai and their respective, affiliates, successors and assigns, present and former officer, directors, shareholders, representatives, agents, and employees, in their individual and representative capacities relating to the Call Right, including, without limitation, the exercise of the Call Right; and\n(3) for the avoidance of doubt, no Party shall have any further rights or obligations under the Eighth Amendment, Sections 5.10 or 6.11 of the Merger Agreement or any other amendments to the Merger Agreement to the extent such amendments relate to the Put Right or Call Right. Nothing in clauses (1), (2) and (3) shall release any Party from obligations under this Agreement (including, without limitation, Section 3 below) or from fraud. Notwithstanding the foregoing, the release by the Shareholders and Kauai in clauses (1), (2) and (3) above shall be subject to the reinstatement provisions of Section 6 with respect to the Domain Name and the Service M\u2587\u2587\u2587 registrations.", "size": 1, "samples": [{"hash": "abq7eQRsx0Y", "uri": "/contracts/abq7eQRsx0Y#modification-conditions", "label": "Put Modification Agreement (Pipeline Data Inc)", "score": 19.0, "published": true}], "hash": "bd4190ddc09cfaf84ed9354eddbca01f", "id": 4}, {"snippet_links": [{"key": "right-to-change", "type": "clause", "offset": [29, 44]}, {"key": "tuition-fees", "type": "definition", "offset": [49, 61]}, {"key": "at-any-time", "type": "clause", "offset": [62, 73]}, {"key": "notice-of-any", "type": "clause", "offset": [85, 98]}, {"key": "rate-change", "type": "definition", "offset": [99, 110]}, {"key": "made-available", "type": "clause", "offset": [119, 133]}, {"key": "effective-date-of-the", "type": "clause", "offset": [164, 185]}], "snippet": "Initial Paatham reserves the right to change the tuition fees at any time. A written notice of any rate change will be made available thirty (30) days prior to the effective date of the cha ge.", "size": 1, "samples": [{"hash": "6gaS63XD5aK", "uri": "/contracts/6gaS63XD5aK#modification-conditions", "label": "Enrollment Agreement", "score": 24.6221765914, "published": true}], "hash": "3a9058ea9d2bcbf01472c8f9e8c7b29b", "id": 5}, {"snippet_links": [{"key": "under-california-law", "type": "clause", "offset": [51, 71]}, {"key": "agreement-change", "type": "clause", "offset": [145, 161]}, {"key": "provided-that", "type": "clause", "offset": [163, 176]}, {"key": "in-writing", "type": "clause", "offset": [208, 218]}, {"key": "signed-and-dated", "type": "clause", "offset": [232, 248]}, {"key": "by-parent", "type": "clause", "offset": [249, 258]}], "snippet": "General: Parent understands and acknowledges that, under California law, Center may modify this agreement whenever circumstances covered in this agreement change, provided that any such modification shall be in writing and shall be signed and dated by Parent and Center.", "size": 1, "samples": [{"hash": "jix7aoc7puR", "uri": "/contracts/jix7aoc7puR#modification-conditions", "label": "Admissions Agreement", "score": 24.5728952772, "published": true}], "hash": "4ecc5755f498607746a28799e7b91f54", "id": 6}, {"snippet_links": [{"key": "change-of", "type": "definition", "offset": [10, 19]}, {"key": "the-conditions", "type": "clause", "offset": [20, 34]}, {"key": "set-out", "type": "definition", "offset": [35, 42]}, {"key": "in-this-contract", "type": "clause", "offset": [43, 59]}, {"key": "amendments-to", "type": "clause", "offset": [86, 99]}, {"key": "applicable-regulations", "type": "clause", "offset": [100, 122]}, {"key": "binding-decision", "type": "clause", "offset": [131, 147]}, {"key": "issued-by", "type": "definition", "offset": [148, 157]}, {"key": "administrative-authority", "type": "definition", "offset": [169, 193]}, {"key": "coming-into-force", "type": "clause", "offset": [267, 284]}, {"key": "of-the-customer", "type": "clause", "offset": [296, 311]}, {"key": "terminate-the-contract", "type": "clause", "offset": [323, 345]}, {"key": "without-penalty", "type": "definition", "offset": [346, 361]}, {"key": "should-the-customer", "type": "clause", "offset": [363, 382]}, {"key": "conditions-of-the-contract", "type": "clause", "offset": [410, 436]}, {"key": "the-individual", "type": "clause", "offset": [441, 455]}, {"key": "special-terms-and-conditions", "type": "clause", "offset": [459, 487]}, {"key": "order-of", "type": "clause", "offset": [493, 501]}, {"key": "the-special", "type": "definition", "offset": [522, 533]}, {"key": "general-terms-and-conditions", "type": "definition", "offset": [563, 591]}], "snippet": "14.1. Any change of the conditions set out in this contract, unless it is a result of amendments to applicable regulations or of a binding decision issued by a legal or administrative authority, shall be notified to the customer at least fifteen (15) days before its coming into force, informing of the customer's right to terminate the contract without penalty, should the customer disagree with such change. Conditions of the Contract and the Individual or Special Terms and Conditions, the order of prevalence shall be the Special, the Individual and then the General Terms and Conditions.", "size": 1, "samples": [{"hash": "cB8sV7MEgCv", "uri": "/contracts/cB8sV7MEgCv#modification-conditions", "label": "Natural Gas Supply Contract", "score": 17.0, "published": true}], "hash": "004cdf96f802f6b5455acf65b0bfd780", "id": 7}, {"snippet_links": [{"key": "become-effective", "type": "clause", "offset": [28, 44]}, {"key": "sole-discretion", "type": "clause", "offset": [122, 137]}, {"key": "agent-shall", "type": "definition", "offset": [236, 247]}, {"key": "each-loan-party", "type": "definition", "offset": [267, 282]}, {"key": "a-party", "type": "clause", "offset": [291, 298]}, {"key": "executed-counterparts", "type": "clause", "offset": [307, 328]}, {"key": "with-respect-to", "type": "clause", "offset": [356, 371]}, {"key": "the-modification", "type": "clause", "offset": [410, 426]}, {"key": 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"granted-to", "type": "definition", "offset": [1612, 1622]}, {"key": "the-loans", "type": "clause", "offset": [1690, 1699]}, {"key": "such-determination", "type": "definition", "offset": [1797, 1815]}, {"key": "consistent-with", "type": "clause", "offset": [1825, 1840]}, {"key": "the-determination-of", "type": "definition", "offset": [1871, 1891]}, {"key": "the-projects", "type": "clause", "offset": [1952, 1964]}, {"key": "annualized-net-operating-income", "type": "definition", "offset": [1977, 2008]}, {"key": "return-of", "type": "clause", "offset": [2061, 2070]}, {"key": "coverage-of", "type": "clause", "offset": [2115, 2126]}, {"key": "portfolio-ltv", "type": "definition", "offset": [2159, 2172]}, {"key": "equal-to", "type": "definition", "offset": [2173, 2181]}, {"key": "the-reit", "type": "clause", "offset": [2453, 2461]}, {"key": "cash-flow-test", "type": "definition", "offset": [2466, 2480]}, {"key": "net-worth-test", "type": "definition", "offset": [2494, 2508]}, {"key": "date-of-this", "type": "clause", "offset": [2539, 2551]}, {"key": "no-event-of-default", "type": "clause", "offset": [2570, 2589]}, {"key": "giving-of-notice", "type": "clause", "offset": [2633, 2649]}, {"key": "passage-of-time", "type": "clause", "offset": [2655, 2670]}, {"key": "an-event-of-default", "type": "clause", "offset": [2697, 2716]}, {"key": "loan-facility", "type": "definition", "offset": [2734, 2747]}, {"key": "the-delivery", "type": "clause", "offset": [2784, 2796]}, {"key": "consented-to", "type": "definition", "offset": [2943, 2955]}, {"key": "the-amendment", "type": "clause", "offset": [2956, 2969]}, {"key": "other-documents-and-certificates", "type": "clause", "offset": [3025, 3057]}, {"key": "counsel-to", "type": "clause", "offset": [3083, 3093]}, {"key": "the-loan-parties", "type": "definition", "offset": [3094, 3110]}, {"key": "relating-to", "type": "definition", "offset": [3178, 3189]}, {"key": "the-organization", "type": "definition", "offset": [3190, 3206]}, {"key": "existence-and-good-standing", "type": "clause", "offset": [3208, 3235]}, {"key": "enforceability-of-the-loan-documents", "type": "clause", "offset": [3271, 3307]}, {"key": "the-authorization", "type": "clause", "offset": [3342, 3359]}, {"key": "entering-into", "type": "clause", "offset": [3519, 3532]}, {"key": "date-hereof", "type": "clause", "offset": [3616, 3627]}], "snippet": "This Modification shall not become effective until the date on which all of the following conditions are satisfied in the sole discretion of the Administrative Agent (collectively, THE \"MODIFICATION CONDITIONS\"):\n(a) The Administrative Agent shall have received from each Loan Party that is a party thereto executed counterparts of this Modification, and, with respect to each Project, and in recordable form, the Modification of Deeds of Trust (hereafter defined) and the Modification of Assignments of Rents (hereafter defined).\n(b) Borrowers' payment to the Administrative Agent of (i) the Revolving Loan Prepayment Amount and the Term Loan Prepayment Amount, together with any LIBOR breakage costs, (ii) the Unused Line Fee due and payable pursuant to the terms and provisions of SECTION 2.03(4) of the Loan Agreement for the portion of the calendar quarter in which such prepayment occurs and (iii) all reasonable costs and expenses of the Administrative Agent and the Lenders in connection with, or arising out of the negotiation, execution and delivery of this Modification (including the reasonable fees and expenses of counsel) and the consummation of the transactions contemplated by this Modification (including all title insurance charges and recording fees).\n(c) The Borrowers shall deliver to the Administrative Agent (on behalf of the Lenders) such endorsements to the existing Title Policies and amendments to the Loan Documents as the Administrative Agent may reasonably request to protect its interests or to confirm the validity and priority of the Mortgages and any other Liens or collateral granted to Administrative Agent (on behalf of the Lenders) in connection with the Loans.\n(d) The Administrative Agent shall have determined to its satisfaction (provided, however, that such determination shall be consistent with, and similar in substance to, the determination of such calculation as of the date of the Loan Agreement) that the Projects generate an annualized Net Operating Income sufficient to produce (a) an aggregate Cash on Cash Return of at least 12%; (b) an aggregate Debt Service Coverage of at least 1.25 to 1.00 and (c) a Portfolio LTV equal to, or less than, 77%.\n(e) The Administrative Agent shall have determined to its satisfaction (provided, however, that such determination shall be consistent with, and similar in substance to, the determination of such calculation as of the date of the Loan Agreement) that the REIT Net Cash Flow Test and the REIT Net Worth Test have been satisfied as of the date of this Modification.\n(f) No event of default (or any event or condition which, with the giving of notice, the passage of time or both, would constitute an event of default) under the Chase Loan Facility has occurred and is continuing.\n(g) The delivery by Borrowers to the Administrative Agent of evidence satisfactory to the Administrative Agent that the lenders under the Chase Loan Facility have consented to the Amendment.\n(h) The Administrative Agent shall have received such other documents and certificates (including opinions from counsel to the Loan Parties) as the Administrative Agent or its counsel may reasonably request relating to the organization, existence and good standing of the Loan Parties, the continued enforceability of the Loan Documents as modified by this Modification, the authorization of this Modification or the consummation of the transactions described therein and herein, all in form reasonably satisfactory to the Administrative Agent. By entering into this Modification, each Loan Party shall be deemed to represent and warrant on the date hereof that each of the Modification Conditions has been satisfied.", "size": 1, "samples": [{"hash": "2sK2TZil5g3", "uri": "/contracts/2sK2TZil5g3#modification-conditions", "label": "Loan Agreement (Burnham Pacific Properties Inc)", "score": 18.0, "published": true}], "hash": "b16e18103ae750fdae356722a262f090", "id": 8}, {"snippet_links": [{"key": "any-change", "type": "definition", "offset": [31, 41]}, {"key": "material-specifications", "type": "definition", "offset": [54, 77]}, {"key": "consent-of", "type": "clause", "offset": [107, 117]}, {"key": "modifications-required", "type": "clause", "offset": [140, 162]}, {"key": "in-writing", "type": "clause", "offset": [163, 173]}, {"key": "the-specifications", "type": "definition", "offset": [177, 195]}, {"key": "parts-and-materials", "type": "clause", "offset": [199, 218]}, {"key": "approved-by", "type": "definition", "offset": [219, 230]}, {"key": "the-period", "type": "clause", "offset": [265, 275]}, {"key": "mutually-agreed", "type": "clause", "offset": [284, 299]}, {"key": "by-the-parties", "type": "clause", "offset": [305, 319]}, {"key": "approval-of", "type": "clause", "offset": [350, 361]}, {"key": "either-party", "type": "definition", "offset": [385, 397]}, {"key": "infringement-of", "type": "clause", "offset": [405, 420]}, {"key": "other-party", "type": "definition", "offset": [445, 456]}, {"key": "waiver-of-the", "type": "clause", "offset": [534, 547]}, {"key": "other-provisions-of-the-agreement", "type": "clause", "offset": [657, 690]}, {"key": "the-entire-agreement", "type": "clause", "offset": [695, 715]}], "snippet": "15.1. Supplier may not conduct any change on part and material specifications without implicit and written consent of Ege Fren.\n15.2. Those modifications required in writing on the specifications of parts and materials approved by Ege Fren shall be realized within the period that is mutually agreed upon by the parties and shall be submitted to the approval of Ege Fren.\n15.3. Should either party waives infringement of any provision hereof by other party, or does not demand any right arising from the agreement, this will not mean waiver of the whole right and will mean waiver of future infringement of such provision. It will not terminate validity of other provisions of the agreement and the entire agreement.", "size": 1, "samples": [{"hash": "fcp0GvoCZzq", "uri": "/contracts/fcp0GvoCZzq#modification-conditions", "label": "Terms and Conditions of Purchase", "score": 26.0663928816, "published": true}], "hash": "923a5d242bb6a5e22da878a0f61dc738", "id": 9}, {"snippet_links": [{"key": "the-materials", "type": "definition", "offset": [72, 85]}, {"key": "materials-and-components", "type": "clause", "offset": [145, 169]}, {"key": "price-adjustment", "type": "definition", "offset": [213, 229]}, {"key": "down-time", "type": "definition", "offset": [245, 254]}, {"key": "the-current", "type": "clause", "offset": [267, 278]}, {"key": "capable-of", "type": "definition", "offset": [307, 317]}, {"key": "required-flow", "type": "definition", "offset": [333, 346]}, {"key": "flame-resistant", "type": "definition", "offset": [422, 437]}, {"key": "as-needed", "type": "clause", "offset": [488, 497]}, {"key": "comply-with-applicable", "type": "clause", "offset": [501, 523]}, {"key": "aircraft-services", "type": "clause", "offset": [553, 570]}, {"key": "new-materials", "type": "definition", "offset": [593, 606]}, {"key": "the-requirements", "type": "clause", "offset": [629, 645]}, {"key": "equipment-and-furnishings", "type": "clause", "offset": [695, 720]}, {"key": "the-property", "type": "clause", "offset": [742, 754]}], "snippet": "1. The pricing or delivery downtime of this specification is based upon the materials displayed on the fabric selection boards and the specified materials and components. Any changes or deviations may result in a price adjustment and additional down time.\n2. Assumes the current oxygen supply and system is capable of delivering the required flow to any new configurations.\n3. All new fabrics and materials not inherently flame resistant shall be treated with a fire retardant protection as needed to comply with applicable FAA specifications. Dassault Aircraft Services shall ensure that all new materials are certified to meet the requirements of FAR 25.853\n4. Unless specifically stated, all equipment and furnishings removed shall become the property of DAS.", "size": 1, "samples": [{"hash": "gk9oLKX7AfU", "uri": "/contracts/gk9oLKX7AfU#modification-conditions", "label": "Aircraft Work Proposal and Agreement", "score": 25.090349076, "published": true}], "hash": "cda1ce9b89014bcf5bdf9cd821994c2d", "id": 10}], "next_curs": "CmASWmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjwLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiBtb2RpZmljYXRpb24tY29uZGl0aW9ucyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"parents": [["modification-and-termination-of-this-agreement", "Modification and Termination of This Agreement"], ["waiver-of-put-right-if-modification-conditions-are-fully-satisfied-on-or-prior-to-the-deadline-date", "Waiver of Put Right if Modification Conditions Are Fully Satisfied on or Prior to the Deadline Date"]], "children": [], "size": 16, "title": "Modification Conditions", "id": "modification-conditions", "related": [["termination-conditions", "Termination Conditions", "Termination Conditions"], ["superior-conditions", "SUPERIOR CONDITIONS", "SUPERIOR CONDITIONS"], ["work-conditions", "Work Conditions", "Work Conditions"], ["modifications-amendment", "Modifications; Amendment", "Modifications; Amendment"], ["prior-conditions-satisfied", "Prior Conditions Satisfied", "Prior Conditions Satisfied"]], "related_snippets": [], "updated": "2025-07-07T12:35:11+00:00", "also_ask": ["What negotiation leverage does the Modification Conditions clause provide each party?", "Which essential elements must be included to ensure enforceability of modification requirements?", "What are the most common risks or loopholes that undermine this clause?", "How do courts typically interpret and enforce modification conditions in similar contracts?", "How does this clause compare to industry standards or statutory requirements for contract modifications?"], "drafting_tip": "Specify permissible modification methods to prevent unauthorized changes; require written consent from all parties to ensure mutual agreement; define effective date of modifications to avoid disputes over timing.", "explanation": "The Modification Conditions clause sets out the requirements and procedures for making changes to the terms of an agreement. Typically, it specifies that any amendments must be made in writing and agreed upon by all parties involved, often requiring signatures or formal approval. This clause ensures that modifications are clearly documented and mutually accepted, preventing misunderstandings or disputes over informal or unauthorized changes to the contract."}, "json": true, "cursor": ""}}