MODIFICATION TO Sample Clauses
The "Modification To" clause establishes the process by which changes or amendments can be made to an existing agreement. Typically, this clause outlines the requirements for making modifications, such as requiring written consent from all parties or specifying who has the authority to approve changes. Its core practical function is to ensure that any alterations to the contract are deliberate, documented, and agreed upon by all relevant parties, thereby preventing misunderstandings or unauthorized changes.
MODIFICATION TO. ARTICLE 3.2, NON-PROVIDER SUBCONTRACTS
MODIFICATION TO. If: (i) *** MetroPCS, its Affiliates and/or Designated Entities to terminate domestic long distance service (excluding calls terminating in Alaska and Puerto Rico) *** during a given month and to which MetroPCS, its Affiliates and/or Designated Entities *** ; and (ii) *** MetroPCS, its Affiliates and/or Designated Entities; and (iii) *** MetroPCS, its Affiliates and/or Designated Entities *** , then MetroPCS may provide US South with a Carrier Notice that sets forth: (1) *** ; (2) *** ; (3) *** ; (4) *** ; and (5) *** . MetroPCS and US South shall cooperate in good faith to promptly mutually agree upon and add to or modify in writing the then existing definition of *** . US South shall have: (A) *** , not more than *** (with time being of the essence); or (B) if *** , not more than *** (with time being of the essence), to *** . If US South fails to implement *** within the applicable time period specified above in this paragraph, US South will either *** . If MetroPCS, its Affiliates and/or Designated Entities deliver Domestic Long Distance Service minutes *** to US South for termination following expiration of the applicable time period specified above in this paragraph, then MetroPCS shall pay US South for such Domestic Long Distance Service minutes at the DLD Rates. *** . If US South fails to *** and MetroPCS *** , MetroPCS shall provide US South with prompt written notice if *** domestic long distance calls ***. If US South fails to *** but US South charges MetroPCS *** , if either MetroPCS or US South subsequently obtains information that *** , such party shall provide the other party with prompt written notice, which notice shall include *** and reasonably supporting documentation (such as *** ). Upon delivery to MetroPCS or receipt from MetroPCS of such notice, US South shall have the right *** , provided that such *** . If US South *** and ***, US South shall have the right to *** to MetroPCS by *** upon providing to MetroPCS with written notice, which notice shall include *** and reasonably supporting documentation (such as *** ), provided that such *** .
MODIFICATION TO. SECTION 2.4 SGC, Company and SunAmerica and Anchor, as Holders of all of the Notes, agree that the Company may satisfy its obligation to pay interest on the Notes due on June 20, 1999 (the "June Payment Date") by paying to SunAmerica all cash and cash equivalents in the Collateral Account and the Cash Collateral Account on or prior to June 29, 1999, which payment shall not be less than $1,825,000 (such amount, the "Cash Interest Payment"), it being understood and agreed (i) that the cash payment shall first be applied to pay interest in the amount of $1,803,750 accrued at the rate of 9.75% per annum on the Tranche A Notes as provided under the Note Purchase Agreement on a ratable basis and then applied to pay interest in part in the amount of not less than $21,250 accrued and due as of June 20, 1999 at the rate of 13.25% per annum on the Tranche B Notes as provided under the Note Purchase Agreement on a ratable basis and (ii) that all amounts of interest otherwise due on the Notes on the June Payment Date that are not satisfied by the Cash Interest Payment, including all amounts accruing under both the Tranche A Notes and the Tranche B Notes pursuant to Section 2.4C as a result of the occurrence and continuance of Events of Default (all such amounts, the "Deferred Amount"), shall be compounded as of the June Payment Date, shall continue to accrue interest and be compounded as provided in the applicable Note and Note Purchase Agreement, shall continue to be outstanding and evidenced by the applicable Note for all purposes and shall be due and payable on December 15, 1999 or such earlier date as the principal of the applicable Note is or becomes due and payable in accordance with the Note Purchase Agreement and the other Basic Documents. SunAmerica and Anchor, as Holders of all of the Notes, hereby waive any Potential Event of Default or Event of Default as a result of the failure of the Company to pay the Deferred Amount in cash on the interest payment date scheduled on June 20, 1999.
MODIFICATION TO. ARTICLE 1