Examples of Omnibus Amendment Effective Date in a sentence
The Service Period for the Retail Property Asset Management and Disposition Services shall begin on the Omnibus Amendment Effective Date and expire upon completion of the sale of the Retail Properties.
Residential shall not take any steps to reduce, modify or otherwise amend the structure or terms in effect as of the Omnibus Amendment Effective Date concerning the purchase of title insurance for buyers and credits issued at closing to help cover the costs related to use of Altisource as the provider of closing, escrow and settlement services.
Sections 5, and 6 (inclusive) of the Waiver Agreement are hereby terminated effective as of the Omnibus Amendment Effective Date.
Section 7.1 (Controlling Provisions) is amended to replace the word “None” with the following: “As of the Omnibus Amendment Effective Date, (a) the provisions of Section 8.1 (inclusive) shall be deemed to not apply to Residential in connection with Altisouce’s provision of, and Residential’s receipt of, Renovation Services, and (b) the provisions of Section 8.2 of the Agreement shall not apply in connection with Altisouce’s provision of, and Residential’s receipt of, Renovation Services.
Upon execution of this Omnibus Amendment, and notwithstanding Section 6, Residential shall pay to Altisource all fees, expenses or other amount outstanding or owing as of the Omnibus Amendment Effective Date pursuant to the terms and provisions of the Agreement.