Common use of Modification, Amendment and Termination Clause in Contracts

Modification, Amendment and Termination. This Agreement may only be modified or amended in ways not less favorable to Funding, and may be terminated at any time by notice from one party to the other on not less than 90 days written notice, except that if termination of this Agreement is necessary to meet any legal or regulatory requirements applicable to Prudential, this Agreement may be terminated immediately by Prudential upon written notice to Funding. Notwithstanding any such termination, the obligations of Prudential under paragraph 2 hereof shall remain in full force and effect until the retirement of each issue of Debt and each issue of indebtedness guaranteed by Funding outstanding on the termination date, unless the holders of all Debt or indebtedness of such issue (or a trustee acting on behalf of such holders) shall have consented to such termination in writing.

Modification, Amendment and Termination. This Agreement may only be modified or amended in ways any way not less favorable to FundingFunding (as determined by Prudential in its sole and exclusive judgment exercised in good faith), and may be terminated at any time by notice from one party to the other on not less than 90 days written notice, except that if termination of this Agreement is necessary to meet any legal or regulatory requirements applicable to Prudential, this Agreement may be terminated immediately by Prudential upon written notice to Funding. Notwithstanding any such termination, the obligations of Prudential under paragraph 2 hereof shall remain in full force and effect until the retirement of each issue of all Debt and each issue of all indebtedness guaranteed by Funding outstanding on the termination date, date unless the holders of all such Debt or and indebtedness of such issue (or a trustee acting on behalf of such holders) shall have consented to such termination thereto in writing.