Additional Modification Clause Samples

The "Additional Modification" clause allows parties to make changes or amendments to the original agreement beyond what is already specified. Typically, this clause outlines the process for proposing, approving, and documenting such modifications, often requiring written consent from all parties involved. For example, if new terms need to be added or existing terms adjusted due to unforeseen circumstances, this clause provides the formal mechanism to do so. Its core function is to ensure that any alterations to the contract are mutually agreed upon and properly recorded, thereby preventing misunderstandings or disputes about the terms of the agreement.
Additional Modification. Upon an Approved Change of Control: (i) the license will be limited to use in connection with products and services comparable in kind and quality to those sold by Licensee in the ordinary course at the time of the Approved Change of Control, but all still within the Steel Fields of Use; and (ii) neither Licensee nor, if applicable, its assignee may create new or additional Trade Names using the Licensed Marks.
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Additional Modification. From and after the date of this Third Amendment, Paragraph 9 of the Second Amendment (captioned, “Tenant’s Termination Option”) is hereby deleted in its entirety and is of no further force and effect.
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Additional Modification. Section 40 of the Original Lease (captioned, “Right of First Refusal”) is hereby deleted in its entirety and is of no further force and effect.
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Additional Modification. As of the Expansion Space Commencement Date, with respect to exclusions to “Expenses” set forth in Article 30(C) of the Original Lease, the second (2nd) sentence therein is hereby amended by inserting at the end thereof the following:
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Additional Modification. If the Second Expansion Space Commencement Date occurs prior to the Must-Take Space Commencement Date, then, as of the Second Expansion Space Commencement Date, Section 34(d) of the Original Lease, as amended pursuant to the terms of Paragraph 11 of the First Amendment (captioned, “Additional Modification”), shall be deleted in its entirety and the following language shall be inserted in lieu thereof as new Section 34(d) of the Original Lease:
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Additional Modification. As of the Expansion Space Commencement Date, Section 34(d) of the Original Lease shall be deleted in its entirety and the following language shall be inserted in lieu thereof as new Section 34(d) of the Original Lease:
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Related to Additional Modification

  • Waiver, Modification, Etc No provision or term of this Amendment may be modified, altered, waived, discharged or terminated orally, but only by an instrument in writing executed by the party against whom such modification, alteration, waiver, discharge or termination is sought to be enforced.

  • Waiver; Modification Failure to insist upon strict compliance with any of the terms, covenants, or conditions hereof shall not be deemed a waiver of such term, covenant, or condition, nor shall any waiver or relinquishment of, or failure to insist upon strict compliance with, any right or power hereunder at any one or more times be deemed a waiver or relinquishment of such right or power at any other time or times. This Agreement shall not be modified in any respect except by a writing executed by each party hereto.

  • Cost Modifications The parties may agree to a reduction in the cost of the Contract at any time during which the Contract is in effect. Without intending to impose a limitation on the nature of the reduction, the reduction may be to hourly, staffing or unit costs, the total cost of the Contract or the reduction may take such other form as the State deems to be necessary or appropriate.

  • Acceptable Modifications This Guaranty shall be binding upon the Guarantor and upon its successors and assigns and shall inure to the benefit of and be enforceable by the Guaranteed Party and their successors and assigns; provided, however, that the Guarantor may not assign or transfer any of its rights or obligations hereunder without the prior written consent of the Guaranteed Party, which consent may not be unreasonably withheld or delayed. The assignment rights of the Guaranteed Party will be in accordance with any applicable terms of the Agreement.

  • Modification, etc No modification, amendment or waiver of any provision of this Article, nor the consent to any departure by a Guarantor therefrom, shall in any event be effective unless the same shall be in writing and signed by the Trustee, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice to or demand on a Guarantor in any case shall entitle such Guarantor or any other guarantor to any other or further notice or demand in the same, similar or other circumstances.