Restrictive Modification Clause Samples
A Restrictive Modification clause limits the ability of one or both parties to alter, amend, or modify the terms of an agreement without meeting specific conditions. Typically, this clause requires that any changes to the contract be made in writing and signed by authorized representatives of all parties involved. By enforcing a formal process for modifications, the clause helps prevent misunderstandings or unauthorized changes, ensuring that all parties are aware of and consent to any adjustments to their obligations or rights.
Restrictive Modification. If any of the rights or restrictions contained herein shall be deemed to be unenforceable by reason of the extent, duration or geographical scope of such rights or restrictions, the parties hereby agree that a court of competent jurisdiction shall reduce such extent, duration and geographical scope and enforce such right or restriction in its reduced form for all purposes in the manner contemplated hereby; provided that such extent, duration and geographical scope shall only be reduced to the extent necessary in order to make such right or restriction enforceable.
Restrictive Modification. If any of the rights or restrictions contained herein, including but not limited to this paragraph 7 and paragraph 6, shall be deemed to be unenforceable by reason of the extent, duration or geographical scope of such rights or restrictions, the parties hereby agree that a court of competent jurisdiction shall reduce such extent, duration and geographical scope and enforce such right or restriction in its reduced form for all purposes in the manner contemplated hereby; provided that such extent, duration and geographical scope shall only be reduced to the extent necessary in order to make such right or restriction enforceable.