Amendment and Repeal Sample Clauses
The Amendment and Repeal clause defines the process by which the terms of an agreement or policy can be changed or revoked. Typically, this clause outlines who has the authority to make amendments or repeals, the procedures that must be followed (such as providing written notice or obtaining mutual consent), and any limitations or conditions on such changes. For example, it may require a majority vote of a board or the written agreement of all parties involved. The core function of this clause is to provide a clear and orderly mechanism for updating or rescinding provisions, ensuring that all parties understand how changes can be made and reducing the risk of disputes over unauthorized modifications.
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Amendment and Repeal. This agreement may be amended, modified or repealed by the parties in writing, by giving 30 days prior written notice.
Amendment and Repeal. These Bylaws may be amended or repealed or new Bylaws may be adopted by the Board of Directors in such instance as the Board may determine to be advisable; provided, however, that the provisions of Section 7 shall not be amended except with the consent of a sixty-seven percent (67%) majority of the Board of Directors. No notice need be given of any action concerning these Bylaws previous to any such meeting, if the proposed amendment, repeal or adoption of new Bylaws is one of necessity arising at such meeting, and is in furtherance of the legitimate aims of the Corporation. In all other situations, unless properly waived, notice of any meeting at which any action concerning the Bylaws is proposed shall be mailed to all directors at least ten days prior to such meeting, and in the same manner prescribed for giving notice of special meetings of the Board of Directors. Such notice shall state in general terms the nature of any proposed action concerning the Bylaws.
Amendment and Repeal. The terms and provisions of this Section 3.29 cannot and shall not be amended or repealed under any circumstance, except as may be necessary to increase or expand (but not to reduce) the rights or protections under this Section 3.29 of officers of the Company or other individuals referenced in this Section 3.29 to the maximum extent permitted by the Act. No amendment or repeal of any term or provision of this Section 3.29 that otherwise would restrict or limit any right or protection of an officer of the Company or other individuals under this Section 3.29 shall apply to or have any affect on any such right or protection of any officer of the Company existing at the time of such amendment or repeal or of any individual who at any time before such amendment or repeal was but ceased to be an officer of the Company, or of the heirs and Personal Representative of any such officer of the Company or other individual.