Termination, Amendment or Modification Sample Clauses
The 'Termination, Amendment or Modification' clause defines the conditions and procedures under which a contract can be ended, changed, or updated by the parties involved. Typically, this clause outlines the required notice periods, the form that amendments must take (such as written agreement), and any limitations or approvals necessary for changes to be valid. Its core function is to provide a clear framework for altering or ending the agreement, thereby reducing uncertainty and preventing disputes over unauthorized or informal changes.
Termination, Amendment or Modification. The provisions of this Agreement may not be terminated, changed, modified, altered or amended in any respect except in a writing signed by the parties.
Termination, Amendment or Modification. The Borrower shall not, and shall not permit any member of the Borrower Group to, agree to any amendment, modification or termination of any Material Contract if such amendment, modification or termination could reasonably be expected to have a Material Adverse Effect, except (i) that amendments, modifications or terminations made in connection with the closure of those facilities that (x) are identified in Schedule 1.1.A as closing or (y) the lease for which is the subject of any litigation referred to on Schedule 4.7 shall not be deemed to be prohibited by this Section and (ii) the termination of the Material Contracts identified on Schedule 6.12. In addition, the Borrower shall not, and shall not permit any member of the Borrower Group to, assign or transfer any of its material rights or obligations under any of the Material Contracts, other than an assignment or transfer to another member (other than the Canadian Subsidiaries) of the Borrower Group.
Termination, Amendment or Modification. Within 30 days after MPCA signs and delivers to Owner any termination, amendment or modification of this Environmental Covenant, the Owner shall record the amendment, modification, or notice of termination of this Environmental Covenant in the office of the County Recorder or Registrar of Titles of ▇▇▇▇▇▇ County.
Termination, Amendment or Modification. No Borrower shall, nor shall any Borrower permit any of its Subsidiaries to, agree to any amendment, modification or termination of any Material Contract if any such amendment, modification or termination could reasonably be expected to have a Material Adverse Effect. In addition, no Borrower shall, nor shall any Borrower permit any of its Subsidiaries to, assign or transfer any of its material rights or obligations under any of the Material Contracts, other than an assignment or transfer to any Borrower or a wholly-owned Subsidiary of any Borrower.
Termination, Amendment or Modification