Addition Sample Clauses
The Addition clause allows for the incorporation of new terms, items, or provisions into an existing agreement or contract. In practice, this clause outlines the process by which parties can formally add new obligations, products, or services, often requiring mutual written consent or a specific amendment procedure. Its core function is to provide a structured and agreed-upon method for expanding the scope of the contract, ensuring that any changes are clearly documented and legally binding, thereby preventing misunderstandings or disputes over informal modifications.
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Addition. With effect from the date hereof, notwithstanding any provision to the contrary in the Agreement, it is hereby agreed as follows:
(i) The Client authorizes the Custodian and its Sub-custodian to settle trades in Taiwan, Republic of China, solely on the basis of broker confirmations in the absence of receipt of Instructions from the Client or Investment Manager; and
(ii) Receipt of a broker confirmation pursuant to paragraph (i) above, shall be regarded as an Instruction under the terms of the Agreement and the Custodian shall be entitled to rely upon protections afforded to it under or in connection with the Agreement in acting upon a broker confirmation as if it were an Instruction.
Addition. A new party may only be added to this Agreement by the unanimous decision of all the current Project Participants.
Addition. Upon Owner and Operator agreeing to the addition of a generation station, plant or other generation-related facility to this Agreement, such generation station, plant or other generation-related facility shall be a "Generation Facility" and shall be subject to all of the provisions of this Agreement.
Addition. The addition represents the parameters about business. Penalty defines the way how to publish the parties when they breach the contract. Exception defines the irresistible reasons which may break the contract, such as natural disaster and warfare.
Addition. With prior approval of the Federal awarding agency (except for IHEs and nonprofit research institutions, as described in paragraph (e) of this section) program income may be added to the Federal award by the Federal agency and the non-Federal entity. The program income must be used for the purposes and under the conditions of the Federal award.
Addition. When authorized, pro- gram income may be added to the funds committed to the grant agree- ment by the Federal agency and the grantee. The program income shall be used for the purposes and under the conditions of the grant agreement.
Addition. OF A NEW PARAGRAPH 20. A new Paragraph 20 is hereby added to the Employment Agreement which shall read as follows:
Addition. Effective as of the date hereof, the New Guarantor shall become a Guarantor for the purposes of the Loan Party Guarantee as fully as if it had been an original signatory thereunder, and shall have all of the obligations of a Guarantor, jointly and severally with all other Guarantors, under the Loan Party Guarantee.
Addition. Program income shall ordinarily be added to the funds committed to the Highway Safety Plan. Such program income shall be used to further the ob- jectives of the program area under which it was generated.
Addition. If a Person is to be added to any Joint Banking, Royal Bank must be provided at least thirty (30) days’ prior written notice. The addition will be effective from the date the notice has been acknowledged in writing by each branch or agency of Royal Bank where all of the Joint Banking is located. Royal Bank has the discretion to accept, reject, or terminate the addition of a Person to any Joint Banking at any time. If a new Person is provided any Joint Banking, including by virtue of its legal relationship to any other Person, this Agreement will be binding on that new participant as if it is a direct signatory hereto, and each Person will immediately: (i) provide to Royal Bank any and all information, evidence, or other Documents which Royal Bank requests in connection with any Service, including to verify compliance with this Agreement; and (ii) execute any Document and do or cause to be done all acts reasonably necessary to implement and carry into effect this Agreement to its full extent.