Renewal and Modification. Issuer further agrees that the Indebtedness may be from time to time, extended, renewed, modified, rearranged, or evidenced by one or more other notes or obligations in substitution for this Note and upon and for such term or terms agreed to by Issuer and Holder in writing, and with or without notice to other Parties. Issuer agrees that upon and after such extension, renewal, modification, rearrangement, substitution, or other change in form of the Indebtedness, each of the other Parties shall remain liable in respect of the Indebtedness so renewed, extended, modified, rearranged, or otherwise evidenced in the same capacity and to the same extent as prior thereto. No release or discharge (in whole or in part) of any Party hereto by Holder shall in any manner impair, release, discharge, or alter the liability of any other Party.
Renewal and Modification. The SUBCONTRACTOR shall maintain in effect all insurance coverages required under this Agreement at the SUBCONTRACTOR's sole expense and with insurance companies acceptable to HOLLAND until final completion and acceptance of the entirety of the Work; or longer if so provided in the Agreement such as with respect to completed operations coverage. Should any insurance policy lapse or be canceled during the contract period, Subcontractor shall, prior to the effective expiration or cancellation date, furnish HOLLAND with evidence of renewal or replacement of the policy. Failure to continuously satisfy insurance requirements as herein provided is a material breach of contract. Certificates of insurance showing required coverage to be in force must be delivered to HOLLAND prior to commencement of the Subcontract Work. In the event the Subcontractor fails to obtain or maintain any insurance coverage required under this Agreement, this shall be considered a material breach of the contract, entitling HOLLAND, at its sole discretion, to purchase such equivalent coverage as desired for HOLLAND's benefit and charge the expense to the SUBCONTRACTOR, or, in the alternative, exercise all remedies otherwise provided in this Agreement, or as permitted by law or equity.
Renewal and Modification. This AGREEMENT may be renewed annually in its current form for a full calendar year, or as modified in writing upon the consent of both parties.
Renewal and Modification any renewal, extension or modification of the terms of any of Borrower’s Obligations and Liabilities of any surety or guarantor or any documents, instruments or agreements evidencing, securing or documenting the same,
Renewal and Modification. This Loan Agreement is being executed in renewal and modification of the First Agreement, Second Agreement and Third Agreement. To the extent the terms and provisions of this Loan Agreement conflict with or otherwise contradict the terms and provisions of the First Agreement, Second Agreement, Third Agreement or Assumption and Modification, Borrower and Lender hereby agree that this Loan Agreement shall be controlling.
Renewal and Modification. This Note embodies the final, entire ------------------------ agreement of Maker and Holder with respect to the indebtedness evidenced by this Note and supersedes any and all prior commitments, agreements, representations and understandings, whether written or oral, relating to the indebtedness evidenced by this Note and may not be contradicted or varied by evidence of prior, contemporaneous or subsequent oral agreements or discussions of Maker and Holder. There are no oral agreements between Maker and Holder relating to the indebtedness evidenced by this Note.
Renewal and Modification. No provision or term of this Agreement shall be modified, amended, waived or limited except by written agreement expressly referring hereto and to the provision so modified, amended, waived or limited and signed by both parties to this Agreement.
Renewal and Modification. Seller shall maintain in effect all insurance coverages required hereunder at Seller's sole expense, underwritten by insurance companies acceptable to Android, until final completion and acceptance of the entirety of Seller’s work; or longer if so provided in the Contract such as with respect to completed operations coverage. In the event Seller fails to obtain or maintain any insurance coverage required under this Exhibit A, this shall be considered a material breach of the Contract, entitling Android, at its sole discretion, to purchase such equivalent coverage as desired for Android's benefit and charge the expense to Seller, or, in the alternative, exercise all remedies otherwise provided in the Contract, or as permitted by law or equity. CONTINUATION OF COVERAGE Seller shall continue to carry Completed Operations Liability Insurance for at least three (3) years after either ninety (90) days following substantial completion of Seller’s work or final payment on any individual Project, whichever is later. Seller shall furnish Android evidence of such insurance at final payment and in each successive year during which the insurance coverage must remain in effect. ACKNOWLEDGMENT OF REFERRAL OF THIS PROVISION TO SELLER’S INSURANCE AGENT OR BROKER
Renewal and Modification. This Note is executed in renewal, extension and modification, and not in extinguishment or novation, of that certain Promissory Note dated August 14, 2007 in the original principal amount of $3,000,000 executed by Xxxxxxxx and payable to the order of Lender.
Renewal and Modification. This agreement shall renew for a period of six (6) months without affirmative action of the parties unless termination notice is given as set forth in paragraph 11(b) above.
