Agreement on proposed amendment Sample Clauses

Agreement on proposed amendment. 7.3.1 If the Operators have agreed on an amendment then: (a) where the proposed amendment relates to a Relevant Interconnection Provision, National Grid Gas will, in accordance with the Uniform Network Code, propose a Code Modification (but may in parallel seek to obtain approval of the National Grid Gas Shippers to the proposed amendment), unless National Grid Gas considers that it is entitled, pursuant to the Uniform Network Code, to agree the amendment because it is a Legally Required Amendment, in which case it will consult with National Grid Gas Shippers to the extent that National Grid Gas considers appropriate; (b) where Interconnector considers the proposed amendment requires the consent of, or to be consulted upon with, Interconnector Shippers, Interconnector shall seek its Shippers’ consent and/or shall consult with those Shippers concerning the proposed amendment in such manner as Interconnector considers appropriate; (c) if it is a Consultation Amendment, the Operators will consult upon the proposed amendments as set out in clause 7.6 below; (d) Interconnector will submit details of the changes which the Operators have agreed are to be made to this Agreement to give effect to the proposed amendment to the Authority for approval in accordance with Standard Condition 3 of Interconnector’s gas interconnector licence; and (e) upon and subject to Authority approval in accordance with Standard Condition 3 of Interconnector’s gas interconnector licence and (where applicable under paragraph (a), approval of the relevant Code Modification) the Operators shall amend this Agreement to incorporate the amendment.
Sample 1
AutoNDA by SimpleDocs

Related to Agreement on proposed 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.

  • Modification; Amendment; Waiver No modification, amendment or waiver of any provisions of this Agreement shall be effective unless approved in writing by both parties. The failure at any time to enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such provisions and shall not affect the right of either party thereafter to enforce each and every provision hereof in accordance with its terms.

  • Agent’s Review of Proposed Amendments and Supplements Prior to amending or supplementing the Registration Statement (including any registration statement filed under Rule 462(b) under the Securities Act) or the Prospectus (excluding any amendment or supplement through incorporation of any report filed under the Exchange Act), the Company shall furnish to the Agent for review, a reasonable amount of time prior to the proposed time of filing or use thereof, a copy of each such proposed amendment or supplement, and the Company shall not file or use any such proposed amendment or supplement without the Agent’s prior consent, and to file with the Commission within the applicable period specified in Rule 424(b) under the Securities Act any prospectus required to be filed pursuant to such Rule.

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

  • Modifications; Amendment This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Noteholder. Additionally, for as long as any Note is contained in a Securitization Trust, the Noteholders shall not amend or modify this Agreement without first receiving a Rating Agency Confirmation; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification or amendment (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Servicing Agreement, (ii) entered into pursuant to Section 32 of this Agreement or (iii) to correct or supplement any provision herein that may be defective or inconsistent with any other provisions of this Agreement.

  • Agreement Amendment If either party hereto requests to amend this agreement, it shall notify the other party in writing, and the other party shall respond within one week. All amendments of this agreement must be made in writing by both parties, and such amendments shall be deemed as inseverable parts of this agreement.

  • Exclusive Agreement; Amendment This Agreement supersedes all prior agreements or understandings among the parties with respect to its subject matter with respect thereto and cannot be changed or terminated orally.

  • Executed Amendment The Administrative Agent shall have received a copy of this Amendment duly executed by each of the Credit Parties and the Administrative Agent, on behalf of the Required Lenders.

  • 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.

  • Procedure for Termination, Amendment, Extension or Waiver A termination of this Agreement pursuant to Section 7.01, an amendment of this Agreement pursuant to Section 7.03 or an extension or waiver of this Agreement pursuant to Section 7.04 shall, in order to be effective, require in the case of Parent, Sub or the Company, action by its Board of Directors.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!