Common use of Waiver, Amendments, Etc Clause in Contracts

Waiver, Amendments, Etc. Arcadia Financial shall not waive, modify, amend, supplement or consent to any waiver, modification, amendment of or supplement to, any of the provisions of any of the Transaction Documents without the prior written consent of Financial Security (i) unless, so long as no Insurer Default shall have occurred and be continuing, Financial Security shall have consented thereto in writing or (ii) if an Insurer Default shall have occurred and be continuing, which would adversely affect the interests of Financial Security.

Waiver, Amendments, Etc. Arcadia Financial OFL shall not waive, modify, amend, supplement or consent to any waiver, modification, amendment of or supplement to, any of the provisions of any of the Transaction Documents without the prior written consent of Financial Security (i) unless, so long as no Insurer Default shall have occurred and be continuing, Financial Security shall have consented thereto in writing or (ii) if an Insurer Default shall have occurred and be continuing, which would adversely affect the interests of Financial Security.