Alteration of The Main Contract Sample Clauses

Alteration of The Main Contract. Any extension and any deferred repayment permission the creditor gives to the debtor and the amendments, alterations or replacements of any terms and conditions of the Main Contract made by the creditor and the guarantor shall not have any effect on the rights and interests of the creditor under this contract and shall not cause any diminishment of the guarantee liability base on the guarantor’s deemed consent in the case. The issue of Letter of Credit, Letter of Guarantee or Standby Letter of Credit by the creditor, or any amendment of the Letter of Credit, Letter of Guarantee or Standby Letter of Credit made by the creditor and the guarantor shall not cause any diminishment of the guarantee liability with no need to obtain the consent of the guarantor or prior notify the guarantor based on the guarantor’s deemed consent in the case.
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Alteration of The Main Contract. Section 1 Party A agrees, there shall be no need for Party B to notice Party A that Part B and the Debtor enter into the Main Contract or alter the Main Contract (including but not limited to the extension of the deadline of debt performance or the addition of the principal). Party A shall still undertake guarantee liability within the scope of the maximum amount guarantee. Section 2 Party A’s guarantee liability shall not be released when any following conditions occurs. (a) Party B or the Debtor is restructured, merged, acquired, spun-off, added or reduced capital, or joins in with foreign enterprises, associates with other companies and changes its name; (b) Party B entrust a third party to fulfill its obligations under the Main Contract. Section 3 when the creditor’s rights under the Main Contract is transferred, the guarantee under this contract shall be transferred thereupon. Section 4 if the transfer of the creditor’s rights or the debts under the Main Contract is ineffective, invalid, cancelled or terminated, Party A shall still undertake a joint and several liability for Party B under this contract.
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Alteration of The Main Contract. The Guarantor agrees and confirms: As for the amendment to or alteration of the main contract by the Creditor and the debtor through negotiation or the financing extension under the main contract, it will be deemed that the prior consent of the Guarantor has been obtained, with no need to notify the Guarantor, and the Guarantor’s guarantee responsibilities will not be exempted from or decreased for that.
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Related to Alteration of The Main Contract

  • ALTERATION OF AGREEMENT A. It is hereby agreed that any alteration or modification of this Agreement shall be binding upon the parties only if agreed to in writing by both parties. B. The waiver of any condition of this Agreement by either party shall not constitute a precedent in the future enforcement of all terms and conditions herein.

  • AMENDMENT OR ALTERATION No amendment or alteration of the terms of this Agreement shall be valid unless made in writing and signed by both of the parties hereto.

  • Construction of Contract Both parties have participated fully in the review and revision of this contract. Any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not apply to the interpretation of this contract.

  • Condition of the Contractor’s Property or Equipment The Contractor shall make the Property and/or equipment available to the Judicial Council, pursuant to the terms and conditions set forth in this Agreement. The Contractor shall immediately remedy any problem with the Property’s physical plant or equipment that impairs or diminishes the quality of the Program. The Contractor shall ensure the appropriate hot water, heating, and ventilation is provided at the Property during the Program, inclusive in the prices set forth herein.

  • ALTERATION OF TERMS 17 A. This Agreement, together with Exhibits A, B, and C attached hereto and incorporated herein, 18 fully expresses the complete understanding of COUNTY and CONTRACTOR with respect to the 19 subject matter of this Agreement. 20 B. Unless otherwise expressly stated in this Agreement, no addition to, or alteration of the terms of 21 this Agreement or any Exhibits, whether written or verbal, made by the parties, their officers, employees 22 or agents shall be valid unless made in the form of a written amendment to this Agreement, which has 23 been formally approved and executed by both parties. 24

  • Termination of the Contract 1. The Contractor may terminate the contract if the Partner has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Partner by registered letter has remained without effect for one month. 2. The Partner shall immediately notify the Contractor, supplying all relevant information, of any event likely to prejudice the performance of this contract.

  • Construction of Agreement The parties mutually acknowledge that they and their attorneys have participated in the preparation and negotiation of this Agreement. In cases of uncertainty this Agreement shall be construed without regard to which of the parties caused the uncertainty to exist.

  • Duration of the contract framework agreement or dynamic purchasing system II.2.10) Information about variants II.2.11) Information about options

  • Installation and Use Rights You may install and use any number of copies of the software on your devices.

  • Variation of the contract The parties undertake not to vary or modify the Clauses. This does not preclude the parties from adding clauses on business related issues where required as long as they do not contradict the Clause.

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