Terms Requiring Amendment Sample Clauses

The "Terms Requiring Amendment" clause identifies specific provisions within an agreement that must be modified or updated, either to comply with new laws, regulations, or changing circumstances. In practice, this clause outlines which terms are subject to change and may set forth the process for making such amendments, such as requiring mutual written consent or specifying notice periods. Its core function is to provide a clear mechanism for keeping the contract current and legally compliant, thereby reducing the risk of disputes or unenforceable terms due to outdated language.
Terms Requiring Amendment. Any modification of the contract requires an amendment that must be agreed to and executed by both parties. The Authorizer is required by law to vote on this amendment in an open public meeting. The party requesting the amendment will submit the requested amendment to all entitled to notice in section 2.02.
Terms Requiring Amendment. Any modification of the Performance Frameworks requires an amendment that must be agreed to and executed by both Parties. Each Party must vote on this amendment in an open public meeting prior to execution of the amendment. The School will submit the requested amendment to all entitled to notice in Section 2.02 and request that the Authorizer place the amendment on the agenda of the Authorizer for approval.
Terms Requiring Amendment. Any provisions set forth in this Article 6 may only be changed by agreement of the Parties. No other provision of the Charter requires an amendment executed by the Parties. Provisions not listed in this Article 6 may be changed by the School without approval of the Authorizer. A modification or amendment of this Article 6 of the Contract shall be considered to be an amendment of the Charter without further action by the Parties.

Related to Terms Requiring Amendment

  • Modification, Amendment and Waiver The authority of the Trustees hereunder to authorize the Trust to enter into contracts or other agreements or arrangements shall include the authority of the Trustees to modify, amend, waive any provision of supplement, assign all or a portion of, novate, or terminate such contracts, agreements or arrangements. The enumeration of any specific contracts in this Section 5.12 shall in no way be deemed to limit the power and authority of the Trustees as otherwise set forth in this Declaration of Trust to authorize the Fund to engage, contract with or make payments to such Persons as the Trustees may deem desirable for the transaction of the business of the Fund.

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • Governing Law; Amendment This Agreement shall be governed by, and shall be construed and administered in accordance with, the laws of the State of Delaware (without regard to its choice of law rules) and the requirements of any applicable federal law. This Agreement may be modified or amended only by a writing signed by the parties hereto.

  • Modification; Amendment This Agreement may not be modified or amended except pursuant to an instrument in writing signed by the Company and each of the Purchasers.

  • Interim Extension Amendment a. Prior to or on the expiration date of this Contract, the Parties agree that this Contract can be extended as provided under this Section. b. The System Agency will provide written notice of interim extension amendment to the Grantee under one of the following circumstances: 1. Continue provision of services in response to a disaster declared by the governor; or 2. To ensure that services to clients continue without interruption. c. The System Agency will provide written notice of the interim extension amendment that specifies the reason and length of time for the extension. d. Grantee will provide and invoice for services in the same manner as stated in the Contract. e. An interim extension under Section (b)(1) above will extend the term of the contract not longer than 30 days after governor's disaster declaration is declared unless the Parties agree to a shorter period of time. f. An interim extension under Section (b)(2) above will be a one-time extension for time determined by the System Agency.