Common use of Renegotiation or Modification Clause in Contracts

Renegotiation or Modification. Modifications of the provisions of any contract, agreement, and this Master Contract shall be valid only when they have been reduced to writing and duly signed by both parties. The rate of payment and the total dollar amount may be adjusted retroactively for any contract or agreement incorporating this Master Contract by reference to reflect price level increases and changes in the rate of payment when these have been established through the appropriations process and subsequently identified in the AAAPP’s operating budget.

Renegotiation or Modification. Modifications of the provisions of any contract, agreement, and this Master Contract shall be valid only when they have been reduced to writing and duly signed by both parties. The rate of payment and the total dollar amount may be adjusted retroactively for any contract or agreement incorporating this Master Contract by reference to reflect price level increases and changes in the rate of payment when these have been established through the appropriations process and subsequently identified in the AAAPP’s ElderSource's operating budget.

Renegotiation or Modification. Modifications of the provisions of any contract, agreement, and this Master Contract Agreement shall be valid only when they have been reduced to writing and duly signed by both partiesP arties. The rate of payment and the total dollar amount may be adjusted retroactively for any contract or agreement incorporating this Master Contract Agreement by reference to reflect price level increases and changes in the rate of payment when these have been established through the appropriations process and subsequently identified in the AAAPPAgency’s operating budget.