modify Section 2 Clause Samples
The "MODIFY SECTION 2" clause serves to formally amend or alter the terms originally set out in Section 2 of an agreement. In practice, this clause specifies which parts of Section 2 are being changed, such as updating obligations, deadlines, or definitions, and details the exact nature of those modifications. Its core function is to ensure that any changes to Section 2 are clearly documented and agreed upon by all parties, thereby preventing misunderstandings and maintaining the integrity of the contract.
modify Section 2. 09 without the consent of each Lender directly and adversely affected thereby; provided further that no amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders required above to take such action, affect the rights or duties of the Administrative Agent under this Agreement or the other Loan Documents.
modify Section 2. 2.4 shall be made without the consent of Credit Suisse First Boston and Chase;