Common use of CHANGE ACCEPTANCE Clause in Contracts

CHANGE ACCEPTANCE. Upon receipt of a completed Change Request, the recipient Relationship Manager will either (a) expressly accept the proposed modification without qualification within 5 days after its receipt or (b) defer the request for discussion of the next scheduled or emergency status meeting. The Relationship Managers will use reasonable commercial efforts to resolve any deferred proposed modification expeditiously. No proposed Change Request will be effective unless expressly accepted by the primary or alternate Relationship Managers of both parties. If so accepted, the Change Request will be executed by the Relationship Managers of both parties and will then constitute a formal amendment of this Agreement.

CHANGE ACCEPTANCE. Upon receipt of a completed Change Request, the recipient Relationship Manager will either (a) expressly accept the proposed modification without qualification within 5 five (5) days after its receipt or (b) defer the request for discussion of at the next scheduled or emergency status meeting. The Relationship Managers will use reasonable commercial efforts to resolve any deferred proposed modification expeditiously. No proposed Change Request will be effective unless expressly accepted by the primary or alternate Relationship Managers of both parties. If so accepted, the Change Request will be executed by the Relationship Managers of both parties and will then constitute a formal amendment of this Agreement.

CHANGE ACCEPTANCE. Upon receipt of a completed Change Request, the recipient Relationship Manager will either (a) expressly accept the proposed modification without qualification within 5 thirty (30) days after its receipt or (b) defer the request for discussion of the next scheduled or emergency status meeting. The Relationship Managers will use reasonable commercial good faith efforts to resolve any deferred proposed modification expeditiously. No proposed Neither party shall have any obligation to enter into a Change Request proposed by the other party, and no proposed modification will be effective unless expressly accepted in writing by the primary or alternate Relationship Managers authorized employees of both parties. If so accepted, the Any Change Request that is accepted and so executed will be executed by the Relationship Managers of both parties and will then thereafter constitute a formal amendment of this Agreement.

CHANGE ACCEPTANCE. Upon receipt of a completed Change Request, the recipient Relationship Manager will either (ai) expressly accept the proposed modification without qualification within 5 30 days after its receipt or (bii) defer the request for discussion of at the next scheduled or emergency status meeting. The Relationship Managers will use reasonable commercial good faith efforts to resolve any deferred proposed modification expeditiously. No proposed Change Request modification will be effective unless expressly accepted in writing by the primary or alternate Relationship Managers of both parties. If so accepted, the Change Request will be executed by the Relationship Managers of both parties and will then constitute a formal amendment of this Agreement.