Amendments to the Master Agreement. The Master Agreement is hereby amended as follows:
Amendments to the Master Agreement. As of the Amendment Effective Date, the Master Agreement is hereby amended as follows:
Amendments to the Master Agreement. 1.1 The last sentence of Section 7.3 (a) of the Master Agreement is hereby amended by and restated in its entirety as set forth below: "In addition, LTM shall have received a certificate of the Chief Financial Officer of Cineplex Odeon certifying that, as of the Closing Date, except for (a) amounts owed to Universal and its Affiliates for film booking and home video arrangements or under the management agreement in respect of the Universal City Cinema, (b) obligations and liabilities included in clauses (ii) (x) and (y) of the definition of Net Working Capital and Debt reflected in each case in Cineplex Odeon's Closing Statement or arising under the Documents or as disclosed in the Cineplex Odeon Reports or in Section 2.19 of the Cineplex Disclosure Schedule, (c) the exclusions set forth in the final sentence of paragraph 9 of the Letter Agreement and (d) obligations and liabilities of Cineplex Odeon Films, a division of Cineplex Odeon, pursuant to an agreement made by it with October Films, Inc. pursuant to which Cineplex Odeon Films acts as a distributor of October Films, Inc. films in Canada, Cineplex Odeon has no outstanding obligations or liabilities, contingent or otherwise, owed to Universal or the Claridge Group, or their respective Affiliates."
Amendments to the Master Agreement. Section 1.1 The second paragraph of Section 8.02(A) of the Master Agreement is hereby modified as follows: Manager shall be paid a project management fee (herein, the “Project Management Fee”) equal to four percent (4%) of the total project costs associated with the implementation of the Capital Improvement Budget (both hard and soft) until such time that the Capital Improvement Budget and/or renovation project involves the expenditure of an amount in excess of five percent (5%) of Gross Revenues of the applicable Hotel (as such Gross Revenues are certified to Manager from Lessee from time to time), whereupon the Project Management Fee shall be reduced to three percent (3%) of the total project costs in excess of the five percent (5%) of Gross Revenue threshold. Any onsite or dedicated personnel required for the direct supervision of the implementation of a Capital Improvement Budget or other renovation project will be a direct cost to, and shall be reimbursed by, the Landlord. The Project Management Fee, Development Fee (as defined in the Mutual Exclusivity Agreement), and Market Service Fees will be payable monthly as the service is delivered based on percentage complete, as reasonably determined by Manager for each service, or payable as set forth in other agreements.
Amendments to the Master Agreement. With effect on and from the Effective Date the Master Agreement shall be, and shall be deemed by this Agreement to be, amended so that the definition of, and references throughout to, the Loan Agreement and the Credit Support Documents (as defined in the Master Agreement) shall be construed as if the same referred to the Loan Agreement and those Credit Support Documents (as defined in the Master Agreement) as amended or supplemented by this Agreement, each Mortgage Addendum and, as so amended the Master Agreement shall continue to be binding on each of the parties to it in accordance with its terms as so amended.
Amendments to the Master Agreement. (a) Part 1(a) of the Schedule is hereby amended in its entirety to read as follows:
Amendments to the Master Agreement. This Master Agreement may be amended by joint agreement between the parties and in writing at any time.
Amendments to the Master Agreement. The Local Parties acknowledge and agree that it is in their mutual interests, as far as practicable and subject to any applicable Laws, to have a consistent service delivery framework, solution, pricing and terms for the global delivery of Services provided by IBM and its Affiliates to Solectron and its Affiliates under the Master Agreement and Local Adoption Agreements. Accordingly, subject to any applicable Laws:
Amendments to the Master Agreement. 2.1 The Parties hereby agree to the following:
Amendments to the Master Agreement a. Section 3.1 of the Master Agreement is hereby amended to read as follows: “Unless earlier terminated in accordance with the provisions of this Master Agreement, this Master Agreement will commence as of the Effective Date and will remain in effect until the later of: (i) July 31, 2030; or (ii) the anniversary of the first date on which no Service Agreement is in effect between the Parties (the “Term”).”
