Common use of Modification of Basic Provisions Clause in Contracts

Modification of Basic Provisions. 1. In the second sentence of the third paragraph of the Basic Provisions delete the word “electronic” prior to the word “delivery” and add the words “or conveyance” immediately following “delivery”. 2. In the first line of Section 1 of the Basic Provisions add the phrase “as of the Pricing Effective Time” after the word “Underwriters” and before the word “that”. 3. In the second sentence of subparagraph (a) of Section 1 of the Basic Provisions delete the word “of” after the word “Act”.

Modification of Basic Provisions. 1. In the second sentence of the third paragraph of the Basic Provisions delete the word work “electronic” prior to the word “delivery” and add the words “or conveyancecommunication” immediately following “delivery”. 2. In the first line of Section 1 of the Basic Provisions add the phrase “as of the Pricing Effective Time” after the word “Underwriters” and before the word “that”. 3. In the second sentence of subparagraph (a) of Section 1 of the Basic Provisions delete the word “of” after the word “Act”.