Change in Activities Clause Samples
The Change in Activities clause defines the conditions under which a party may alter the nature, scope, or type of its business operations during the term of an agreement. Typically, this clause requires one party to notify or seek approval from the other before making significant changes to its core activities, such as expanding into new business areas or discontinuing existing services. Its primary function is to ensure transparency and maintain the original intent of the agreement by preventing unexpected shifts that could impact the rights or obligations of the parties involved.
Change in Activities. If, after receiving approval for a Sabbatical or FIL, there is a significant change in the activities undertaken by the faculty member (e.g., changes in project site, topic, or mentor), the faculty member must submit a revised application to the ▇▇▇▇▇▇▇ within fifteen (15) days of any such change. Similarly, the University may require the faculty member to submit a revised application within fifteen (15) days of receipt of notice from the University if there is a significant change in the activities undertaken by the faculty member. The revised application will be forwarded by the ▇▇▇▇▇▇▇ to the Sabbatical/FIL Committee that originally reviewed the application. The Sabbatical/FIL Committee shall make a recommendation to the ▇▇▇▇▇▇▇ to either continue the leave based on the revised application or to terminate the leave at the end of the academic term in which the revised application is received by the Committee. The ▇▇▇▇▇▇▇ shall promptly notify the faculty member of their decision.
Change in Activities. If, after receiving approval for a Sabbatical or Faculty Improvement Leave, there is a significant change in the activities undertaken by the faculty member (e.g., changes in Project site, topic, or mentor), the faculty member must submit a revised application to the ▇▇▇▇▇▇▇ within fifteen (15) days of any such change. Similarly, the University may require the faculty member to submit a revised application within fifteen (15) days of receipt of notice from the University if there is a significant change in the activities undertaken by the faculty member. The revised application will be forwarded by the ▇▇▇▇▇▇▇ to the Sabbatical/Faculty Im- provement Committee that originally reviewed the application. The Sabbatical/Faculty Im- provement Committee shall make a recommendation to the ▇▇▇▇▇▇▇ to either continue the leave based on the revised application or to terminate the leave at the end of the academic term in
Change in Activities. No substantial change is made to the core activities of the Promoter from that carried on at the date of the Finance Contract.
Change in Activities. If, after receiving approval for a Sabbatical or Faculty Improvement Leave, there is a significant change in the activities undertaken by the faculty member (e.g., changes in project site, topic, or mentor), the faculty member must submit a revised application to the ▇▇▇▇▇▇▇ within fifteen (15) days of any such change. Similarly, the University may require the
Change in Activities. The Guarantor shall not and shall cause each of its Subsidiaries not to make material changes in its primary business activities without a prior written consent of the Facility Manager.
Change in Activities. The Company has changed its activity as follows: