Unilateral amendment definition

Unilateral amendment provisions can take different forms, but typically require the payor to provide advanced written notice of the amendment, and allow the provider the option of terminating the contract if it rejects the amendment. Such provisions may also, however, be silent on the provider’s option to terminate the agreement. Rarely does the language allow the provider to reject the amendment without any consequences. The following are typical examples of these provisions: • Payor shall have the right to amend this Agreement by providing ninety (90) days advance written notice to Provider. If Provider objects to the amendment and notifies Payor of its intent to terminate within thirty (30) days of the date of the notice of amendment, the termination will be effective at the end of the ninety (90) day notice period, unless ▇▇▇▇▇ agrees to retract the amendment, in which case the Agreement will remain in full force and effect without the proposed amendment. • Payor may amend this Agreement upon ninety (90) days written notice by sending Provider a copy of the amendment.
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Examples of Unilateral amendment in a sentence

  • Limitation of liability); 12 (Express Termination Clause); 20.5 (Unilateral amendment); 20.6 (Miscellanea - No Assignment); 21 (Governing Law and Jurisdiction) of this Agreement and the Annex C Agile Telecom S.p.A., a company incorporated under the laws of Italy, with registered office at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ - ▇▇▇▇▇ ▇▇▇▇▇ (▇▇), ▇▇▇▇▇, registered in the Companies’ Register of Modena, VAT number and tax code no.

  • Unilateral, amendment or modification of the Plan hereunder shall constitute termination of the Plan.

  • Unilateral amendment of Annex ./1 integrated into the present agreement is admissible where − a new EANCOM® version is being processed by the recipient or an EANCOM® version previously specified in Annex./1 can no longer be processed or − the recipients specified in Annex ./1 change or − the core data boxes specified in Annex ./1 are changed by the recipient.

  • Unilateral amendment of the General Terms and Conditions of the Consumer Loan Agreement by the Lender The Lender shall notify the Borrower of amendments to the General Terms and Conditions of the Consumer Loan Agreement at least five days prior to the date of entry into force of amendments by posting them on the official website and at the places of receipt of loan applications (offices of the Company).

Related to Unilateral amendment

  • General Amendment means an amendment made by ▇▇▇▇▇, from time to time, to these Licence Conditions, on notice to the Licensee.

  • Incremental Amendment has the meaning set forth in Section 2.14(f).

  • Additional Amendment shall have the meaning provided in Section 2.14(g)(iv).

  • Addendum / Amendment means any written amendment / addendum /corrigendum to this RFP, from time to time issued by NMRC to the prospective bidders

  • ESG Amendment has the meaning specified in Section 2.18.