{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "this-amendment", "type": "clause", "offset": [0, 14]}, {"key": "executed-by", "type": "definition", "offset": [41, 52]}, {"key": "authorized-executive-officer", "type": "definition", "offset": [56, 84]}, {"key": "obligation-of-borrower", "type": "clause", "offset": [142, 164]}, {"key": "against-borrower", "type": "clause", "offset": [177, 193]}, {"key": "in-accordance-with", "type": "clause", "offset": [194, 212]}, {"key": "the-execution", "type": "clause", "offset": [224, 237]}, {"key": "the-loan-agreement", "type": "clause", "offset": [284, 302]}, {"key": "as-amended", "type": "definition", "offset": [304, 314]}, {"key": "other-loan-documents", "type": "clause", "offset": [332, 352]}, {"key": "a-party", "type": "clause", "offset": [374, 381]}, {"key": "corporate-powers", "type": "clause", "offset": [404, 420]}, {"key": "duly-authorized", "type": "clause", "offset": [432, 447]}, {"key": "contravention-of-law", "type": "clause", "offset": [464, 484]}, {"key": "terms-of", "type": "definition", "offset": [492, 500]}, {"key": "certificate-of-incorporation", "type": "clause", "offset": [512, 540]}, {"key": "the-indenture", "type": "clause", "offset": [580, 593]}, {"key": "other-document", "type": "clause", "offset": [598, 612]}, {"key": "borrowed-money", "type": "clause", "offset": [638, 652]}, {"key": "agreement-or", "type": "definition", "offset": [666, 678]}], "samples": [{"hash": "lNykE9PZgTZ", "uri": "/contracts/lNykE9PZgTZ#the-amendment", "label": "Loan Agreement (Oglebay Norton Co /Ohio/)", "score": 21.0, "published": true}, {"hash": "klxkpc5cOne", "uri": "/contracts/klxkpc5cOne#the-amendment", "label": "Loan Agreement (Oglebay Norton Co /Ohio/)", "score": 19.0, "published": true}, {"hash": "6nU3v783ZfL", "uri": "/contracts/6nU3v783ZfL#the-amendment", "label": "Loan Agreement (Oglebay Norton Co /Ohio/)", "score": 18.0, "published": true}], "size": 8, "snippet": "This Amendment has been duly and validly executed by an authorized executive officer of Borrower and constitutes the legal, valid and binding obligation of Borrower enforceable against Borrower in accordance with its terms. The execution, delivery, and performance of this Amendment, the Loan Agreement (as amended hereby), and the other Loan Documents to which Borrower is a party are within Borrower's corporate powers, have been duly authorized, and are not in contravention of Law or the terms of Borrower's Certificate of Incorporation or By-Laws or any indenture (including the Indenture) or other document or instrument evidencing borrowed money or any other agreement or undertaking to which Borrower is a party or by which it or its property is bound.", "hash": "11ef780b3c7c36b3bd82369f5d0d88af", "id": 4}, {"snippet_links": [{"key": "the-words", "type": "definition", "offset": [68, 77]}, {"key": "of-the-trust", "type": "clause", "offset": [89, 101]}, {"key": "the-servicer", "type": "definition", "offset": [175, 187]}, {"key": "to-enter", "type": "definition", "offset": [209, 217]}, {"key": "a-facility", "type": "definition", "offset": [223, 233]}, {"key": "advance-facility", "type": "clause", "offset": [260, 276]}, {"key": "any-person", "type": "clause", "offset": [284, 294]}, {"key": "advancing-person", "type": "clause", "offset": [332, 348]}, {"key": "delinquency-advances", "type": "definition", "offset": [360, 380]}, {"key": "servicing-advances", "type": "clause", "offset": [388, 406]}, {"key": "this-agreement", "type": "clause", "offset": [413, 427]}, {"key": "facility-shall", "type": "clause", "offset": [446, 460]}, {"key": "obligation-to-fund", "type": "clause", "offset": [503, 521]}], "samples": [{"hash": "hJ6QaCz8ygJ", "uri": "/contracts/hJ6QaCz8ygJ#the-amendment", "label": "Sale and Servicing Agreement (Accredited Mortgage Loan Trust 2005-2)", "score": 19.0, "published": true}, {"hash": "5RrzRaI6nai", "uri": "/contracts/5RrzRaI6nai#the-amendment", "label": "Sale and Servicing Agreement (Accredited Mortgage Loan Trust 2005-1)", "score": 19.0, "published": true}, {"hash": "4Vqol1adc7b", "uri": "/contracts/4Vqol1adc7b#the-amendment", "label": "Sale and Servicing Agreement (Accredited Mortgage Loan Trust 2004-4)", "score": 19.0, "published": true}], "size": 7, "snippet": "The first sentence of Section 5.24(a) is hereby amended by deleting the words \u201con behalf of the Trust,\u201d after the word \u201cServicer\u201d so that the first sentence reads as follows: The Servicer is hereby authorized to enter into a facility (such an arrangement, an \u201cAdvance Facility\u201d) with any Person which provides that such Person (an \u201cAdvancing Person\u201d) may fund Delinquency Advances and/or Servicing Advances under this Agreement, although no such facility shall reduce or otherwise affect the Servicer\u2019s obligation to fund such Delinquency Advances and/or Servicing Advances.", "hash": "f0758f4c4b86a404ac8f41503acd69ef", "id": 7}, {"snippet_links": [{"key": "this-amendment", "type": "clause", "offset": [0, 14]}, {"key": "executed-by", "type": "definition", "offset": [41, 52]}, {"key": "authorized-executive-officer", "type": "definition", "offset": [56, 84]}, {"key": "loan-party", "type": "clause", "offset": [93, 103]}, {"key": "valid-and-binding-obligation", "type": "clause", "offset": [131, 159]}, {"key": "in-accordance-with", "type": "clause", "offset": [215, 233]}, {"key": "the-credit-agreement", "type": "clause", "offset": [245, 265]}, {"key": "as-amended", "type": "definition", "offset": [267, 277]}, {"key": "full-force-and-effect", "type": "clause", "offset": [308, 329]}, {"key": "party-party", "type": "definition", "offset": [388, 399]}, {"key": "similar-laws", "type": "definition", "offset": [591, 603]}, {"key": "rights-generally", "type": "clause", "offset": [625, 641]}, {"key": "general-principles", "type": "clause", "offset": [649, 667]}], "samples": [{"hash": "6ZuiHUHCz58", "uri": "/contracts/6ZuiHUHCz58#the-amendment", "label": "Credit Agreement (Stoneridge Inc)", "score": 37.188911438, "published": true}, {"hash": "6XXKeA7mJuO", "uri": "/contracts/6XXKeA7mJuO#the-amendment", "label": "Credit Agreement (Stoneridge Inc)", "score": 34.8439407349, "published": true}, {"hash": "9Zfwq9dBPCZ", "uri": "/contracts/9Zfwq9dBPCZ#the-amendment", "label": "Credit Agreement (Stoneridge Inc)", "score": 31.496919632, "published": true}], "size": 7, "snippet": "This Amendment has been duly and validly executed by an authorized executive officer of such Loan Party and constitutes the legal, valid and binding obligation of such Loan Party enforceable against such Loan Party in accordance with its terms. The Credit Agreement, as amended by this Amendment, remains in full force and effect and remains the valid and binding obligation of such Loan Party party thereto enforceable against such Loan Party in accordance with its terms, except as such enforceability may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditor\u2019s rights generally and by general principles of equity.", "hash": "691278812cd6e90236e2b86cfab27b94", "id": 6}, {"snippet_links": [{"key": "this-amendment", "type": "clause", "offset": [0, 14]}, {"key": "executed-by", "type": "definition", "offset": [41, 52]}, {"key": "authorized-executive-officer", "type": "definition", "offset": [56, 84]}, {"key": "obligation-of-borrower", "type": "clause", "offset": [142, 164]}, {"key": "against-borrower", "type": "clause", "offset": [177, 193]}, {"key": "in-accordance-with", "type": "clause", "offset": [194, 212]}], "samples": [{"hash": "colXTr3yGRK", "uri": "/contracts/colXTr3yGRK#the-amendment", "label": "Financing Agreement (Vari Lite International Inc)", "score": 21.0, "published": true}, {"hash": "aBsT2wp4SFw", "uri": "/contracts/aBsT2wp4SFw#the-amendment", "label": "Financing Agreement (Vari Lite International Inc)", "score": 21.0, "published": true}, {"hash": "24XA3cMfuR7", "uri": "/contracts/24XA3cMfuR7#the-amendment", "label": "Financing Agreement (Vari Lite International Inc)", "score": 21.0, "published": true}], "size": 40, "snippet": "This Amendment has been duly and validly executed by an authorized executive officer of Borrower and constitutes the legal, valid and binding obligation of Borrower enforceable against Borrower in accordance with its terms.", "hash": "7df55da5c08d5af3fd110851524c85bf", "id": 1}, {"snippet_links": [{"key": "in-lieu-of", "type": "clause", "offset": [122, 132]}, {"key": "investment-letter", "type": "definition", "offset": [136, 153]}, {"key": "opinion-of-counsel", "type": "clause", "offset": [184, 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"offset": [1348, 1364]}, {"key": "represents-that", "type": "clause", "offset": [1370, 1385]}, {"key": "taxation-as-a-reit", "type": "clause", "offset": [1403, 1421]}, {"key": "qualified-reit-subsidiary", "type": "definition", "offset": [1430, 1455]}, {"key": "unless-otherwise-agreed", "type": "definition", "offset": [1572, 1595]}, {"key": "of-the-trust", "type": "clause", "offset": [1611, 1623]}, {"key": "the-servicer", "type": "definition", "offset": [1652, 1664]}, {"key": "the-sponsor", "type": "clause", "offset": [1669, 1680]}, {"key": "federal-income-tax", "type": "clause", "offset": [1762, 1780]}, {"key": "seller-covenants", "type": "clause", "offset": [1873, 1889]}, {"key": "the-ownership-interest", "type": "clause", "offset": [1945, 1967]}, {"key": "first-paragraph", "type": "definition", "offset": [2033, 2048]}, {"key": "exhibit-a", "type": "definition", "offset": [2052, 2061]}, {"key": "add-the-following", "type": "clause", "offset": [2083, 2100]}, {"key": "exhibit-c", "type": "definition", "offset": [2605, 2614]}, {"key": "a-person", "type": "definition", "offset": [2902, 2910]}, {"key": "the-transferor", "type": "clause", "offset": [2916, 2930]}, {"key": "reasonably-believes-is", "type": "definition", "offset": [2931, 2953]}, {"key": "qualified-institutional-buyer", "type": "clause", "offset": [2960, 2989]}, {"key": "rule-144a", "type": "definition", "offset": [3005, 3014]}, {"key": "the-organization", "type": "definition", "offset": [3069, 3085]}, {"key": "operation-of-the", "type": "clause", "offset": [3089, 3105]}, {"key": "affiliate-of", "type": "definition", "offset": [3118, 3130]}, {"key": "statement-under", "type": "clause", "offset": [3203, 3218]}, {"key": "securities-act-and-any-applicable-state-securities-laws", "type": "clause", "offset": [3223, 3278]}, {"key": "requirements-of-the-securities-act", "type": "clause", "offset": [3316, 3350]}, {"key": "the-foregoing", "type": "definition", "offset": [3872, 3885]}, {"key": "paragraph-5", "type": "definition", "offset": [4075, 4086]}, {"key": "include-if", "type": "definition", "offset": [4094, 4104]}, {"key": "the-trust-agreement", "type": "clause", "offset": [4162, 4181]}], "samples": [{"hash": "g8t9wtRItbf", "uri": "/contracts/g8t9wtRItbf#the-amendment", "label": "Trust Agreement (Accredited Mortgage Loan Trust 2004-4)", "score": 19.0, "published": true}, {"hash": "ehvklFmHgRh", "uri": "/contracts/ehvklFmHgRh#the-amendment", "label": "Trust Agreement (Accredited Mortgage Loan Trust 2005-1)", "score": 19.0, "published": true}, {"hash": "1BMMEeSvds4", "uri": "/contracts/1BMMEeSvds4#the-amendment", "label": "Trust Agreement (Accredited Mortgage Loan Trust 2005-2)", "score": 19.0, "published": true}], "size": 11, "snippet": "(a) Section 4.09(a) is hereby amended by adding the following sentence to the end of the section: Provided, however, that in lieu of an Investment Letter covering clause (i) above, an Opinion of Counsel is delivered to the Owner Trustee and the Certificate Registrar that (i) such transfer or exchange may be made pursuant to an exemption, describing the applicable exemption and the basis therefore, from the Securities Act or is being made pursuant to the Securities Act and (ii) such transfer or exchange will not cause the Trust to become subject to the Investment Company Act of 1940.\n(b) Section 4.09(a)(iii) is hereby amended by adding the following words to the end of the section after the word \u201cLAWS\u201d and before the period: UNLESS AN OPINION OF COUNSEL IS DELIVERED TO THE OWNER TRUSTEE AND THE CERTIFICATE REGISTRAR THAT (I) SUCH TRANSFER OR EXCHANGE MAY BE MADE PURSUANT TO AN EXEMPTION, DESCRIBING THE APPLICABLE EXEMPTION AND THE BASIS THEREFORE, FROM THE SECURITIES ACT OR IS BEING MADE PURSUANT TO THE SECURITIES ACT AND (II) SUCH TRANSFER OR EXCHANGE WILL NOT CAUSE THE TRUST TO BECOME SUBJECT TO THE INVESTMENT COMPANY ACT OF 1940.\n(c) Section 4.09(g) is hereby amended and restated in its entirety to read as follows: No pledge or transfer of the Certificates shall be effective unless such pledge or transfer is (i) to a single beneficial owner that represents that it qualifies for taxation as a REIT or is a Qualified REIT Subsidiary or (ii) accompanied by an Opinion of Counsel satisfactory to the Owner Trustee, which Opinion of Counsel shall not, unless otherwise agreed, be an expense of the Trust, the Certificate Registrar, the Servicer, or the Sponsor, to the effect such pledge or transfer will not cause the Trust to be subject to federal income tax.\n(d) Section 6.01(b) is hereby amended and restated in its entirety to read as follows: The Seller covenants that for so long as it is a REIT, it will not Transfer the Ownership Interest in the Trust other than as set forth in Section 4.09(g).\n(e) The first paragraph of Exhibit A is hereby amended to add the following words to the end of the first sentence after the word \u201cLAWS\u201d and before the period: UNLESS AN OPINION OF COUNSEL IS DELIVERED TO THE OWNER TRUSTEE AND THE CERTIFICATE REGISTRAR THAT (I) SUCH TRANSFER OR EXCHANGE MAY BE MADE PURSUANT TO AN EXEMPTION, DESCRIBING THE APPLICABLE EXEMPTION AND THE BASIS THEREFORE, FROM THE SECURITIES ACT OR IS BEING MADE PURSUANT TO THE SECURITIES ACT AND (II) SUCH TRANSFER OR EXCHANGE WILL NOT CAUSE THE TRUST TO BECOME SUBJECT TO THE INVESTMENT COMPANY ACT OF 1940.\n(f) Exhibit C is hereby amended by amending and restating in its entirety the paragraph numbered 3 to read as follows: The Certificateholder understands that the Certificate has not been and will not be registered under the Securities Act and may be offered, sold, pledged or otherwise transferred to a person whom the transferor reasonably believes is (A) a qualified institutional buyer (as defined in Rule 144A under the Securities Act) or (B) a Person involved in the organization or operation of the Trust or an affiliate of such Person, (I) in a transaction pursuant to an effective registration statement under the Securities Act and any applicable state securities laws or (II) exempt from the registration requirements of the Securities Act and any such state securities laws and an Opinion of Counsel is delivered to the Owner Trustee and the Certificate Registrar that (i) such transfer or exchange may be made pursuant to an exemption, describing the applicable exemption and the basis therefore, from the Securities Act or is being made pursuant to the Securities Act and (ii) such transfer or exchange will not cause the Trust to become subject to the Investment Company Act of 1940. The Certificateholder understands that the Certificate bears a legend to the foregoing effect.\n(g) Exhibit C is hereby amended by adding brackets before the first word and after the last word of paragraphs 5 and 11 and by adding the following bracketed sentence to the end of paragraph 5: [Only include if an Opinion of Counsel contemplated by Section 4.09(a) of the Trust Agreement is not being delivered.] and by adding the following bracketed sentence to the end of paragraph 11: [Only include if an Opinion of Counsel contemplated by Section 4.09(g) of the Trust Agreement is not being delivered.]", "hash": "2022640cc3f54ac37ec2233081f06259", "id": 2}, {"snippet_links": [{"key": "each-lender", "type": "clause", "offset": [29, 40]}, {"key": "executed-and-delivered", "type": "clause", "offset": [69, 91]}, {"key": "amendment-to", "type": "definition", "offset": [97, 109]}], "samples": [{"hash": "9XBGfZeFV89", "uri": "/contracts/9XBGfZeFV89#the-amendment", "label": "Credit Agreement (Approach Resources Inc)", "score": 24.3347015381, "published": true}, {"hash": "6EFLgLCTDS3", "uri": "/contracts/6EFLgLCTDS3#the-amendment", "label": "Credit Agreement (Approach Resources Inc)", "score": 23.0629711151, "published": true}, {"hash": "27AxwyqnaW2", "uri": "/contracts/27AxwyqnaW2#the-amendment", "label": "Credit Agreement (Approach Resources Inc)", "score": 22.8521556854, "published": true}], "size": 10, "snippet": "Borrower, each Guarantor and each Lender shall have duly and validly executed and delivered this Amendment to Agent.", "hash": "a95ef128f516ec77dd2528ea99027aa9", "id": 3}, {"snippet_links": [{"key": "this-amendment", "type": "clause", "offset": [0, 14]}, {"key": "executed-by", "type": "definition", "offset": [41, 52]}, {"key": "authorized-executive-officer", "type": "definition", "offset": [56, 84]}, {"key": "valid-and-binding-obligation", "type": "clause", "offset": [129, 157]}, {"key": "in-accordance-with", "type": "clause", "offset": [209, 227]}, {"key": "the-credit-agreement", "type": "clause", "offset": [239, 259]}, {"key": "as-amended", "type": "definition", "offset": [261, 271]}, {"key": "full-force-and-effect", "type": "clause", "offset": [302, 323]}, {"key": "similar-laws", "type": "definition", "offset": [567, 579]}, {"key": "enforcement-of", "type": "clause", "offset": [594, 608]}, {"key": "rights-generally", "type": "clause", "offset": [620, 636]}, {"key": "equitable-principles", "type": "definition", "offset": [643, 663]}, {"key": "commercial-reasonableness", "type": "clause", "offset": [688, 713]}, {"key": "good-faith-and-fair-dealing", "type": "clause", "offset": [715, 742]}], "samples": [{"hash": "faj3U6UVc8a", "uri": "/contracts/faj3U6UVc8a#the-amendment", "label": "Credit and Security Agreement", "score": 30.3408622742, "published": true}, {"hash": "6f41rPVrtrb", "uri": "/contracts/6f41rPVrtrb#the-amendment", "label": "Credit and Security Agreement", "score": 30.3408622742, "published": true}, {"hash": "iquch6sGBc0", "uri": "/contracts/iquch6sGBc0#the-amendment", "label": "Credit and Security Agreement (Stoneridge Inc)", "score": 21.2026004791, "published": true}], "size": 7, "snippet": "This Amendment has been duly and validly executed by an authorized executive officer of such Borrower and constitutes the legal, valid and binding obligation of such Borrower enforceable against such Borrower in accordance with its terms. The Credit Agreement, as amended by this Amendment, remains in full force and effect and remains the valid and binding obligation of such Borrower enforceable against such Borrower in accordance with its terms, except as such enforceability may be limited by any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditor\u2019s rights generally or by equitable principles including principles of commercial reasonableness, good faith and fair dealing (whether enforceability is sought by proceedings in equity or at law).", "hash": "aa295c51fd06101b1709b70bc0c46763", "id": 5}, {"snippet_links": [{"key": "this-amendment", "type": "clause", "offset": [0, 14]}, {"key": "executed-by", "type": "definition", "offset": [41, 52]}, {"key": "authorized-executive-officer", "type": "definition", "offset": [56, 84]}, {"key": "the-grantor", "type": "clause", "offset": [88, 99]}, {"key": "obligation-of-the", "type": "clause", "offset": [145, 162]}, {"key": "in-accordance-with", "type": "clause", "offset": [203, 221]}, {"key": "the-security-agreement", "type": "clause", "offset": [233, 255]}, {"key": "full-force-and-effect", "type": "clause", "offset": [298, 319]}, {"key": "agreement-as-amended", "type": "clause", "offset": [496, 516]}], "samples": [{"hash": "jvtTIAHCSNj", "uri": "/contracts/jvtTIAHCSNj#the-amendment", "label": "Security Agreement (Riser Foods Inc /De/)", "score": 18.0, "published": true}, {"hash": "j6Wh5JuejSu", "uri": "/contracts/j6Wh5JuejSu#the-amendment", "label": "Security Agreement (Rini Rego Supermarkets Inc)", "score": 18.0, "published": true}, {"hash": "4j7RH7H1rGA", "uri": "/contracts/4j7RH7H1rGA#the-amendment", "label": "Security Agreement (Rini Rego Supermarkets Inc)", "score": 18.0, "published": true}], "size": 4, "snippet": "This Amendment has been duly and validly executed by an authorized executive officer of the Grantor and constitutes the legal, valid and binding obligation of the Grantor enforceable against the Grantor in accordance with its terms. The Security Agreement, as amended by this Amendment, remains in full force and effect and remains the valid and binding obligation of the Grantor enforceable against the Grantor in accordance with its terms. The Grantor hereby ratifies and confirms the Security Agreement as amended by this Amendment.", "hash": "2c355488c7012420080745ffbfb1f890", "id": 8}, {"snippet_links": [{"key": "the-banks", "type": "clause", "offset": [0, 9]}, {"key": "the-agent-shall", "type": "clause", "offset": [14, 29]}, {"key": "this-amendment-no", "type": "clause", "offset": [44, 61]}, {"key": "amended-and-restated-security-agreement", "type": "definition", "offset": [68, 107]}, {"key": "executed-and-delivered", "type": "clause", "offset": [109, 131]}, {"key": "duly-authorized-officer", "type": "definition", "offset": [137, 160]}, {"key": "the-grantor", "type": "clause", "offset": [164, 175]}], "samples": [{"hash": "jvtTIAHCSNj", "uri": "/contracts/jvtTIAHCSNj#the-amendment", "label": "Security Agreement (Riser Foods Inc /De/)", "score": 18.0, "published": true}, {"hash": "j6Wh5JuejSu", "uri": "/contracts/j6Wh5JuejSu#the-amendment", "label": "Security Agreement (Rini Rego Supermarkets Inc)", "score": 18.0, "published": true}, {"hash": "4j7RH7H1rGA", "uri": "/contracts/4j7RH7H1rGA#the-amendment", "label": "Security Agreement (Rini Rego Supermarkets Inc)", "score": 18.0, "published": true}], "size": 4, "snippet": "The Banks and the Agent shall have received this Amendment No. 1 to Amended and Restated Security Agreement, executed and delivered by a duly authorized officer of the Grantor.", "hash": "da9c88f565068cd0429ac405148a7958", "id": 9}, {"snippet_links": [{"key": "the-debenture", "type": "clause", "offset": [0, 13]}, {"key": "article-1", "type": "clause", "offset": [65, 74]}], "samples": [{"hash": "yYMukyIM0x", "uri": "/contracts/yYMukyIM0x#the-amendment", "label": "Convertible Debenture (MPC Corp)", "score": 19.0, "published": true}, {"hash": "lX4OtUaidza", "uri": "/contracts/lX4OtUaidza#the-amendment", "label": "Convertible Debenture (MPC Corp)", "score": 19.0, "published": true}, {"hash": "iuL9lazO3e", "uri": "/contracts/iuL9lazO3e#the-amendment", "label": "Convertible Debenture (MPC Corp)", "score": 19.0, "published": true}], "size": 4, "snippet": "The Debenture shall be deemed to be amended as set forth in this Article 1.", "hash": "a6e2def3e6ee8597f18072d65e94208d", "id": 10}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZ0aGUtYW1lbmRtZW50IzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "The Amendment", "parents": [["representations-and-warranties", "REPRESENTATIONS AND WARRANTIES"], ["defined-terms", "DEFINED TERMS"], ["conditions-precedent", "Conditions Precedent"], ["conditions-precedent-to-effectiveness-of-this-amendment-no", "CONDITIONS PRECEDENT TO EFFECTIVENESS                     OF THIS AMENDMENT NO"], ["definitions", "Definitions"]], "size": 239, "children": [["", ""], ["conversion", "Conversion"], ["definitions", "Definitions"], ["interest", "Interest"], ["effect-of-amendment", "Effect of Amendment"]], "id": "the-amendment", "related": [["effect-of-the-amendment", "Effect of the Amendment", "Effect of <strong>the Amendment</strong>"], ["waiver-amendment", "Waiver; Amendment", "Waiver; Amendment"], ["first-amendment", "First Amendment", "First Amendment"], ["amendment-and-waiver", "Amendment and Waiver", "Amendment and Waiver"], ["waiver-and-amendment", "Waiver and Amendment", "Waiver and Amendment"]], "related_snippets": [], "updated": "2026-04-03T05:43:50+00:00", "also_ask": ["What are the essential elements that must be included in an effective amendment clause?", "How can parties strategically limit or expand the scope of permissible amendments?", "What are the most common pitfalls that render amendment clauses unenforceable in court?", "How do amendment requirements (e.g., written vs. oral) compare across key jurisdictions?", "What negotiation leverage can be gained or lost by controlling the amendment process?"], "drafting_tip": "Specify amendment procedures to ensure clarity, require written consent to prevent unauthorized changes, and define effective dates to avoid disputes over applicability.", "explanation": "The Amendment clause defines the process by which changes can be made to the terms of an agreement after it has been executed. Typically, this clause requires that any modifications be made in writing and signed by all parties involved, ensuring that verbal agreements or informal changes are not legally binding. Its core practical function is to maintain clarity and mutual consent regarding contract terms, preventing misunderstandings or disputes over unauthorized or informal alterations."}, "json": true, "cursor": ""}}