Implementation of Amendments Clause Samples
The "Implementation of Amendments" clause defines the process by which changes to an agreement are formally adopted and put into effect. Typically, this clause outlines the steps required for amendments to become binding, such as requiring written consent from all parties or specifying a notice period before changes take effect. Its core practical function is to ensure that any modifications to the contract are clearly documented and agreed upon, thereby preventing misunderstandings or disputes about the terms of the agreement.
Implementation of Amendments. Upon obtaining any Consent required under this Section 4.1 or otherwise required by this Agreement, and without further action or execution by any other Person, including any Member, (i) any amendment to this Agreement may be implemented and reflected in a writing executed solely by the Manager, and (ii) the Members shall be deemed a party to and bound by that amendment of this Agreement.
Implementation of Amendments. The Parties will take the necessary steps to implement an amendment to this Agreement as soon as possible after the amendment takes effect.
Implementation of Amendments. The Agent and Director must implement any amendment to the Bank's policies, practices and procedures as required by the Bank.