Common use of Charter Modification Clause in Contracts

Charter Modification. a) This Charter may be modified during its term by mutual agreement of the parties, provided such modifications are agreed to in writing and executed by both parties. All material changes must comply with all applicable Federal, State, and local laws and be approved by the Sponsor, in writing, before changes are implemented. Unilateral modification of this Charter in any way is a breach of the Charter and the Charter may be terminated. Whenever the Charter is amended, it shall be updated to comply with current law, utilizing the Sponsor’s standard Charter contract.

Charter Modification. a) This Charter may be modified during its term by mutual agreement of the parties, provided such modifications are agreed to in writing and executed by both parties. All material changes must comply with all applicable Federal, State, and local laws and be approved by the Sponsor, in writing, before changes are implemented. Unilateral modification of this Charter in any way is a breach of the Charter and the Charter may be terminated. Whenever the Charter is amended, it shall be updated to comply with current law, law utilizing the Sponsor’s standard Charter contract.

Charter Modification. a1) This Charter may be modified during its term by mutual agreement of the parties, provided such modifications are agreed to in writing and executed by both parties. All material changes must comply with all applicable Federal, State, and local laws and be approved by the Sponsor, in writing, before changes are implemented. Unilateral modification of this Charter in any way is a breach of the Charter and the Charter may be terminated. Whenever the Charter is amended, it shall be updated to comply with current law, utilizing the Sponsor’s law and standard Charter contract.

Charter Modification. a1) This Charter Contract may be modified during its term by mutual agreement of the parties, provided such modifications are agreed to in writing and executed by both parties. All material changes must comply with all applicable Federal, State, and local laws and be approved by the Sponsor, in writing, before changes are implemented. Unilateral modification of this Charter Contract in any way is a breach of the Charter Contract and the Charter Contract may be terminated. Whenever the Charter Contract is amended, it shall be updated to comply with current law, utilizing the Sponsor’s law and standard Charter contract.

Charter Modification. a) This Charter may be modified during its term by mutual agreement of the parties, provided such modifications are agreed to in writing and executed by both parties. All material changes must comply with all applicable Federal, State, and local laws and be approved by the Sponsor, in writing, before changes are implemented. Unilateral modification of this Charter in any way is a breach of the Charter Contract and the Charter may be terminated. Whenever the Charter is amended, it shall be updated to comply with current law, law utilizing the Sponsor’s standard Charter contract.

Charter Modification. a) This Charter Contract may be modified during its term by mutual agreement of the parties, provided such modifications are agreed to in writing and executed by both parties. All material changes must comply with all applicable Federal, State, and local laws and be approved by the Sponsor, in writing, before changes are implemented. Unilateral modification of this Charter Contract in any way is a breach of the Charter Contract and the Charter Contract may be terminated. Whenever the Charter Contract is amended, it shall be updated to comply with current law, utilizing the Sponsor’s law and standard Charter contract.