Common use of Modifications of Receivables or Contracts Clause in Contracts

Modifications of Receivables or Contracts. NBCU Funding shall not extend, amend, forgive, discharge, compromise, cancel, waive or otherwise modify the terms or conditions of any Transferred Receivable or Contract, as applicable (excluding any of the foregoing actions taken by NBCUniversal, in its capacity as Sub-Servicer). NBCU Funding shall not amend its Credit and Collection Policies if such amendment would be adverse in any material respect to WCS NBCU Funding.

Appears in 2 contracts

Sources: Transfer Agreement (NBCUniversal Media, LLC), Transfer Agreement (NBCUniversal Media, LLC)