Amendment, Modification or Assignment Clause Samples
The "Amendment, Modification or Assignment" clause defines the rules and procedures for changing, updating, or transferring the rights and obligations under a contract. Typically, this clause requires that any changes to the agreement must be made in writing and agreed upon by all parties, and may restrict the ability of one party to assign their interests to a third party without consent. Its core function is to ensure that all parties maintain control over the terms of the contract and to prevent unauthorized or unilateral changes, thereby promoting certainty and mutual agreement throughout the contractual relationship.
Amendment, Modification or Assignment. This Agreement may not be amended, modified or assigned except pursuant to a writing executed by Seller and Purchaser.
Amendment, Modification or Assignment. This Agreement may not be amended, modified or assigned except pursuant to a writing executed by Bank and Counterparty.
Amendment, Modification or Assignment. This Agreement shall not be amended or modified except by written agreement executed by each of the parties and attached to the original copy of this Agreement. Copies of any such written agreement amending or modifying this Agreement shall be sent to each of the parties. This Agreement may not be assigned by Broker without the CLC’s written approval.