Common use of Subsequent Modifications Clause in Contracts

Subsequent Modifications. The Lender may or may not, in the Lender's sole discretion, agree with the Borrower from time to time to modify, extend or otherwise change the payment dates, amounts, interest rate or other provisions of the Note or the other Obligations, but if so, no such change, extension or modification shall affect in any way the Lien or priority of the security interest granted under this Agreement.