Common use of AMENDMENT OF GENERAL TERMS AND CONDITIONS Clause in Contracts

AMENDMENT OF GENERAL TERMS AND CONDITIONS. NT is entitled to amend these General Terms and Conditions from time to time. MERCHANT shall be notified in writing no later than thirty (30) Business Days before the amendments become effective, unless these amendments are required immediately due to legal or regulatory requirements. Such amendments shall be deemed approved, unless NT has received a written objection from MERCHANT. The notification to MERCHANT shall point out this consequence and lay out the material content of the amendments. In case MERCHANT raises an objection, NT shall have the right to terminate the Agreement by giving two (2) weeks' notice within six (6) weeks following the receipt of the objection.

Appears in 4 contracts

Samples: Service Agreement General Terms and Conditions, Service Agreement General Terms and Conditions, Service Agreement General Terms and Conditions

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