BILATERAL AMENDMENT Sample Clauses

BILATERAL AMENDMENT. Except as provided for in the Unilateral Amendment section below, this Contract can only be changed by a Bilateral Amendment executed by both Parties.
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BILATERAL AMENDMENT. In the following circumstances, modifications shall be made by an amendment signed by the Contractor, the Executive Director of the Department and the State Controller's designee. Such amendments must be executed by the Contractor, then the State, and are binding upon proper execution by the State Controller's designee. i) Unless otherwise specified in the "Budget" section of Exhibit A, when cumulative budgetary line item changes exceed twenty thousand dollars ($20,000.00); ii) Unless otherwise specified in the "Budget" section of Exhibit A, when any budget transfers to or be- tween administration budgetary categories are proposed; iii) When any other material modifications, as determined by the State, are proposed to Exhibit A or any other exhibits; iv) When additional or less funding is needed and approved and modifications are required to Para- graph 11 of this Contract, Compensation and Method of Payment as well as to Exhibit A, "Budget" and "Payment Schedule"; v) When there are additional federal statutory or regulatory compliance changes in accordance with Pa- ragraph 20 of this Contract. Such Bilateral Amendment may also incorporate any modifications allowed to be made by Unilateral Amend- ment as set forth in subparagraph 16.b) of this paragraph. Upon proper execution and approval, such amendment (Exhibit C2) shall become an amendment to the Con- tract, effective on the date specified in the amendment. No such amendment shall be valid until approved by the State Controller or such assistant as he may designate. All other modifications to this Contract must be accomplished through amendment to the Contract pursuant to fiscal rules and in accordance with subparagraph 16.d).
Sample 1

Related to BILATERAL AMENDMENT

  • Unilateral Amendment The System Agency reserves the right to amend this Contract through execution of a unilateral amendment signed by the contract manager for this Contract and provided to the Grantee with ten days notice prior to execution of the amendment under the following circumstances to: a. To comply with a court order or judgment b. Incorporate new or revised federal or state laws, regulations, rules or policies c. Correct an obvious clerical error in this Contract; d. Change the name of the Contractor in order to reflect the Contractor's name as recorded by the Texas Secretary of State. e. To correct the name, mailing address, or contact information for persons named in the Contract; f. To update service descriptions or rates (if applicable);

  • 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.

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