Common use of Amendments to Partnership Agreement Clause in Contracts

Amendments to Partnership Agreement. The amendments to Partnership Agreement must be agreed by all Partners and introduced in writing by signing addendum to this agreement. Changes of the project bank account and SWIFT or IBAN code, as well as change of the name and address of the bank in which the account was opened, shall be notified in writing by the Beneficiary to the Lead Beneficiary. In case where Beneficiary does not inform the Lead Beneficiary of the change of the bank account, the concerned Beneficiary shall bear all related costs.

Appears in 2 contracts

Samples: www.pbu2020.eu, pbu2020.eu

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Amendments to Partnership Agreement. The amendments to Partnership Agreement partnership agreement must be agreed by all Partners and introduced in writing by signing addendum to this agreementPartners. Changes of the project bank account and SWIFT or IBAN code, as well as change of the name and address of the bank in which the account was opened, shall be notified in writing by the Beneficiary Partner to the Lead BeneficiaryPartner. In case where Beneficiary does Partner do not inform the Lead Beneficiary Partner of the change of the bank account, the concerned Beneficiary Lead Partner shall bear all related costs.

Appears in 2 contracts

Samples: Minimum Scope, Partnership Agreement

Amendments to Partnership Agreement. The amendments to Partnership Agreement the partnership agreement must be agreed by all Partners and introduced in writing by signing addendum to this agreementPartners. Changes of the project bank account and SWIFT or IBAN code, as well as change of the name and address of the bank in which the account was opened, shall be notified in writing by the Beneficiary Partner to the Lead BeneficiaryPartner. In case where Beneficiary does Partner do not inform the Lead Beneficiary Partner of the change of the bank account, the concerned Beneficiary Lead Partner shall bear all related costs.

Appears in 1 contract

Samples: Minimum Scope

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Amendments to Partnership Agreement. The amendments to Partnership Agreement the partnership agreement must be agreed by all Partners and introduced in writing by signing addendum to this agreementPartners. Changes of the project Partner’s bank account and SWIFT or IBAN code, as well as change of the name and address of the bank in which the account was opened, shall be notified in writing by the Beneficiary Partner to the Lead BeneficiaryPartner. In case where Beneficiary the Partner does not inform the Lead Beneficiary Partner of the change of the bank account, the concerned Beneficiary Partner shall bear all related costscosts resulting from this negligence.

Appears in 1 contract

Samples: Minimum Scope

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