AMENDMENT/RENEWAL Clause Samples

The Amendment/Renewal clause outlines the procedures and requirements for modifying or extending the terms of an existing agreement. Typically, this clause specifies that any changes or renewals must be made in writing and agreed upon by all parties involved, ensuring that updates are formally documented and enforceable. Its core function is to provide a clear and structured process for adapting the contract to changing circumstances, thereby preventing misunderstandings and disputes over informal or unauthorized changes.
AMENDMENT/RENEWAL. The Agreement will become effective on the date of the last signing and will continue in force through December 31, 2021. At the request of any of the parties, this Agreement may be reviewed for possible modification or termination at any time in accordance with 36 CFR 800.14. Any amendment or addendum will be executed in the same manner as the original Agreement. One year prior to renewal, the Agreement will be reviewed by all parties for possible modifications, termination, or extension. Execution and implementation of this Agreement evidences that the City and HUD have afforded the SHPO and ACHP an opportunity to comment on their 24 CFR Part 58 Programs and their effects on historic properties, that the City and HUD have taken into account the effects of their undertakings on historic properties, and that the City and HUD have satisfied their Section 106 responsibilities for all individual undertakings implemented in accordance with the Stipulations of this Agreement. Date Date Date The following project activities, which have limited potential to affect historic properties, may be undertaken without further consultation with the Pennsylvania State Historic Preservation Office (SHPO) when undertakings are limited solely to these activities: A. Rehabilitation 1. Interior: a. Plumbing rehabilitation/replacement – includes pipes and fixtures when no structural alteration is involved. b. Heating, ventilation, air conditioning (HVAC) system rehabilitation/replacement/cleaning – includes furnaces, pipes, ducts, radiators, or other HVAC units when no structural alteration is involved. c. Electrical wiring – includes switches and receptacles when no structural alteration is involved. d. Restroom improvements for handicapped accessprovided that work is contained within the existing restroom and no structural alterations are involved. e. Interior surface treatments (floors, walls, ceilings, decorative plaster, woodwork) – provided the work is restricted to repairing, repainting, in-kind patching, refinishing, repapering, or laying carpet or vinyl floor materials. f. Interior feature treatments including but not limited to doors, moldings, fireplaces, and mantels – provided the work is limited to in-kind repair, patching, repainting, and refinishing.
AMENDMENT/RENEWAL a. It is expressly contemplated that the Parties intend to extend this Agreement for additional one-year terms for services to be provided by HPTE to CDOT in future fiscal years. Such extensions shall be documented by formal written amendment, and shall include an updated scope of the services to be provided in the subsequent fiscal years. b. HPTE agrees to provide CDOT a proposed draft scope of services for the following fiscal year no later than November 2017. c. If the scope of services and payment amount for the following fiscal year are deemed acceptable by CDOT, the same shall be set forth in a written amendment executed and approved by the Parties. d. If during its budget approval process for the following fiscal year, the Transportation Commission allocates funds for HPTE in the full amount included in the proposed scope of services submitted by HPTE, such proposed scope of services shall be deemed approved by CDOT, notwithstanding any failure of the Parties to execute a written amendment prior to the July 1 start of the subsequent fiscal year. The Parties shall thereafter execute a written amendment for such subsequent fiscal year, the terms and conditions of which shall not be inconsistent with the budget action taken by the Transportation Commission. e. If the scope of services and payment amount to be provided by HPTE are approved by CDOT as provided for in this Section 4, CDOT agrees that it shall pay HPTE the agreed upon payment amount for the following fiscal year on July 1, which date represents the first day of the fiscal year in which the proposed services are anticipated to be provided. f. If the Parties are unable to agree upon a scope of services and payment amount for the following fiscal year prior to June 30 of any year, this Agreement shall terminate and be of no further force and effect for the subsequent fiscal year.
AMENDMENT/RENEWAL. At the request of any of the parties, this Agreement may be reviewed for possible modification or termination at any time in accordance with 36 CFR 800.14. Any amendment or addendum shall be executed in the same manner as the original Agreement. One year prior to renewal, the Agreement will be reviewed by all parties for possible modifications, termination, or extension. This Programmatic Agreement will become effective on the date of the last signing and will continue in force through and including [DATE] At the end of calendar year [YEAR], the Programmatic Agreement will be reviewed by the County, the SHPO, and the ACHP for possible modifications, termination, or extension. Execution and implementation of this Agreement evidences that the County and HUD have afforded the SHPO and ACHP an opportunity to comment on their 24 CFR Part 58 Programs and their effects on historic properties; that the County and HUD have taken into account the effects of their undertakings on historic properties; and that the County and HUD have satisfied their Section 106 responsibilities for all individual undertakings implemented in accordance with the Stipulations of this Agreement. BY: Date: Director, Allegheny County Economic Development BY: Date: Deputy State Historic Preservation Officer BY: Date: Executive Director, Advisory Council on Historic Preservation The following types of activities routinely funded by the federal U.S. Department of Housing and Urban Development (HUD) agency have been determined by the Pennsylvania State Historic Preservation Office (PA SHPO) to have minimal potential to adversely affect historic properties under Section 106 of the National Historic Preservation Act, as amended.
AMENDMENT/RENEWAL. This IGA shall not be altered, changed or amended except by a written instrument executed by both parties. On or before the scheduled date of termination, this IGA may be renewed for one or more additional years with the written concurrence of the Nation and the County.

Related to AMENDMENT/RENEWAL

  • AGREEMENT RENEWAL This Agreement shall not bind nor purport to bind the AZDOHS for any contractual commitment in excess of the original Agreement period.

  • Notice of Issuance, Amendment, Renewal or Extension To request the issuance of a Letter of Credit (or the amendment, renewal or extension of an outstanding Letter of Credit), the Borrower shall hand deliver or telecopy (or transmit by electronic communication, if arrangements for doing so have been approved by the Issuing Bank) to the Issuing Bank and the Administrative Agent (reasonably in advance of the requested date of issuance, amendment, renewal or extension) a notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, and specifying the date of issuance, amendment, renewal or extension (which shall be a Business Day), the date on which such Letter of Credit is to expire (which shall comply with paragraph (d) of this Section), the amount and Currency of such Letter of Credit, whether such Letter of Credit is to be issued under the Dollar Commitments or the Multicurrency Commitments, the name and address of the beneficiary thereof and such other information as shall be necessary to prepare, amend, renew or extend such Letter of Credit. If requested by the Issuing Bank, the Borrower also shall submit a letter of credit application on the Issuing Bank’s standard form in connection with any request for a Letter of Credit. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of letter of credit application or other agreement submitted by the Borrower to, or entered into by the Borrower with, the Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control.

  • Amendments; Renewal Any amendments, consents to or waivers of the terms of this Contract must be in writing and signed by both parties. The parties may renew this Contract by their signed, written instrument.

  • Amendment to Lease If Tenant timely exercises Tenant’s right to lease the Availability Premises or any portion thereof as set forth herein, then, within fifteen (15) days thereafter, Landlord and Tenant shall execute an amendment adding such Availability Premises to this Lease upon the same terms and conditions as the Initial Premises, except as otherwise set forth in this Section 1.4 or the Availability Notice, and provided that the terms of the Tenant Work Letter shall not apply with respect to the Availability Premises (except as otherwise provided in Section 1.4.5, above); provided, however, an otherwise valid exercise of Tenant’s right of availability shall be of full force and effect irrespective of whether such amendment is ever signed by Landlord and Tenant. Except to the extent inconsistent with the determination of Availability Premises Rent, all provisions of the Lease which vary based upon the rentable and usable square footage of the Premises shall be adjusted to reflect the addition of such Availability Premises to the Premises; provided, however, the L-C Amount shall be increased pursuant to the terms of Section 21.7 of this Lease, below. The rentable square footage of such Availability Premises shall be determined in accordance with the terms of Section 1.2 of this Lease. To the extent Tenant exercises its right of first offer with respect to any portion of the Availability Premises during the first (1st) year after the Lease Commencement Date, Tenant shall commence payment of Availability Premises Rent and Excess as to such space to Landlord upon that date (the “Availability Premises Rent Commencement Date”) which is two hundred ten (210) days after the later of the delivery date set forth in the Availability Notice and the date Landlord delivers the Availability Premises in the Delivery Condition (the “Availability Premises Lease Commencement Date”). To the extent Tenant exercises its right of availability with respect to any portion of the Availability Premises anytime after the first (1st) anniversary of the Lease Commencement Date, the Availability Premises Rent Commencement Date shall occur one hundred eighty (180) days after the Availability Premises Lease Commencement Date. In all cases, the lease term of the Availability Premises (or any portion thereof) shall expire on the Lease Expiration Date, subject to extension of this Lease; provided, however, in the event the remaining Lease Term is less than thirty-six (36) months from the applicable Availability Premises Rent Commencement Date, then the Lease Term shall be extended for a period of time sufficient for Tenant’s lease of the Premises to be coterminous with Tenant’s lease of the Availability Premises (which shall be thirty-six (36) months from the applicable Availability Premises Rent Commencement Date), and the base rental rate for the Premises during this extended period shall be adjusted to Market Rent for the Premises determined in accordance with Section 2.2.4 and the Base Year shall be the year in which the Lease would have otherwise expired (if on or before July 31) or the following year (if after July 31). This extension shall have no impact on Tenant’s extension rights hereunder, which may be exercised at the end of the extended Lease Term. This Lease shall commence as to the Availability Premises (and references to Premises shall include the applicable Availability Premises) on the Availability Premises Lease Commencement Date.

  • AMENDMENT AGREEMENT The Global Custody Agreement of January 3, 1994, (the “Custody Agreement”), as amended from time to time, by and between each of the Entities listed in Schedule A, as amended thereto, severally and not jointly (each such entity referred to hereinafter as the “Customer”) and JPMorgan Chase Bank, whose contracts have been assumed by JPMORGAN CHASE BANK (the “Bank”) is hereby further amended, as of July 21, 2010 (the “Amendment Agreement”). Terms defined in the Custody Agreement are used herein as therein defined.