Development; Modifications Sample Clauses

Development; Modifications. Each Strategic Plan shall be prepared by Manager and presented the ESOP Trustee and the Avanti Board of Directors or other designated party(ies) (the “Governing Body”) prior to the end of each calendar year. The plan presented by Avanti to the ESOP Trustee in 2015 shall serve as the interim strategic plan (the “Interim Strategic Plan”) for the remainder of calendar year 2015, subject to reasonable and appropriate additions, clinical and/or financial performance of Avanti. Once delivered by Manager to the Governing Body, the Governing Body shall promptly review the proposed Strategic Plan and either provide comments and/or approve the Strategic Plan, which shall become the operative Strategic Plan until such time as a subsequent Strategic Plan is approved.
Sample 1
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Development; Modifications. An initial Strategic Plan and Budget shall be developed and agreed to by Manager and Howard within ninety (90) days following the Effective Date. During such initial ninety (90) day period, an interim Strategic Plan attached hereto as Exhibit A (the “Interim Strategic Plan”) shall be in effect for purposes of this Agreement and shall serve as the Strategic Plan and Budget for all purposes hereunder during such period (unless modified by agreement of the Parties). The Parties will consult with each other on an ongoing basis throughout the Term to identify and agree on any proposed modifications to the Strategic Plan and Budget required to enhance the quality and economic viability of HUH while continuing to further Xxxxxx’x charitable and educational mission. Manager shall be responsible for developing proposed additions, modifications and improvements to the Strategic Plan and Budget and shall propose such changes to Howard from time to time but no less than annually in accordance with Section 6.2. Howard, through its Governing Body (as defined below) or the President (or his designee specified in writing) shall promptly review all proposed modifications or additions to the Strategic Plan and Budget and the written consent of the Governing Body (or its designee specified in writing, such as the Management Committee) shall be required for any change to the Strategic Plan and Budget. In the event proposed revisions to the Strategic Plan and Budget are not approved, the most recently approved Strategic Plan and Budget shall continue in full force and effect until further modified or until this Agreement expires or is terminated. As soon as feasible but no later than thirty (30) days after the effective date hereof, the Parties will adopt decision making guidelines (the “Decision Making Guidelines”) that set forth actions specified to be taken by Manager in the Strategic Plan and Budget (i) that shall not require any further consent or approval of the Management Committee, Howard or its Governing Body, except as required by law or accreditation standards, (ii) that shall require consent or approval of the Management Committee, but not the Governing Body, and (iii) that shall require consent or approval of the Governing Body. The Decision Making Guidelines may be modified by mutual agreement of the Parties. In addition, the Strategic Plan and Budget may be modified unilaterally by the Governing Body if required in order to maintain tax-exempt status, avoid defa...
Sample 1

Related to Development; Modifications

  • Cost Modifications The parties may agree to a reduction in the cost of the Contract at any time during which the Contract is in effect. Without intending to impose a limitation on the nature of the reduction, the reduction may be to hourly, staffing or unit costs, the total cost of the Contract or the reduction may take such other form as the State deems to be necessary or appropriate.

  • Agreement Modifications No waiver, alteration or modification of any of the provisions of this Construction Services Agreement shall be binding upon either District or Contractor unless the same shall be in writing and signed by both District and Contractor.

  • Contract Modifications It is understood that changes are inherent in operations of the type covered by this contract. The number of changes, the scope of those changes, and the impact they have on the progress of the original operations cannot be defined at this time. The PURCHASER is notified that changes are anticipated and that there will be no compensation made to the PURCHASER directly related to the number of changes made. Each change will be evaluated for extension of contract time and increase or decrease in compensation based on its own merit. STATE reserves the right to make, at any time during the contract, such modifications as are necessary or desirable; provided such modifications shall not change the character of the operations to be done nor increase the cost, unless such operations or cost increase is approved in writing by PURCHASER. Any modifications so made shall not invalidate this contract nor release PURCHASER of obligations under the performance bond. PURCHASER agrees to do the modified operations as if it had been a part of the original contract. If any change under this section causes an increase or decrease in the PURCHASER's cost of, or the time required for the performance of any part of the operations, the PURCHASER must submit a written statement setting forth the nature and specific extent of the claim. Such claim shall include all time and cost impacts against the contract and be submitted as soon as possible, but no later than 30 days after receipt of any written notice of modification of the contract. If the PURCHASER discovers site conditions which differ materially from what was represented in the contract or from conditions that would normally be expected to exist and be inherent to the activities defined in the contract, the PURCHASER shall notify the STATE's Authorized Representative immediately and before the area has been disturbed. The STATE's Authorized Representative will investigate the area and make a determination as to whether or not the conditions differ materially from either the conditions stated in the contract or those which could reasonably be expected in execution of this particular contract. If it is determined that a differing site condition exists, any compensation or credit will be determined based on an analysis by STATE's Authorized Representative. If the PURCHASER does not concur with the decision of the STATE's Authorized Representative and/or believes that it is entitled to additional compensation, the PURCHASER may proceed to file a claim. All claims shall be submitted in writing and shall include a detailed, factual statement of the basis of the claim, pertinent dates, contract provisions which support or allow the claim, reference to or copies of any documents which support the claim, the exact dollar value of the claim, and specific time extension requested for the claim. If the claim involves operations to be completed by subcontractors, the PURCHASER will analyze and evaluate the merits of the subcontractor's claim. PURCHASER shall forward the subcontractor's claim and PURCHASER's evaluation of such claim to STATE's Authorized Representative. The STATE's Authorized Representative will not consider direct claims from subcontractors, suppliers, manufacturers, or others not a party to this contract. The decision of the STATE shall be final and binding unless the PURCHASER requests mediation.

  • Agreement Modification 15.1 Any agreement to change the terms of this Agreement in any way shall be valid only if the change is made in writing and approved by mutual agreement of authorized representatives of the parties hereto.

  • CONTRACT MODIFICATION The following is adopted as the new CTC for the Contract effective December 29, 2022:

  • Complete Agreement; Modifications This Agreement and any documents referred to herein or executed contemporaneously herewith constitute the parties’ entire agreement with respect to the subject matter hereof and supersede all agreements, representations, warranties, statements, promises and understandings, whether oral or written, with respect to the subject matter hereof. This Agreement may be amended, altered or modified only by a writing signed by the Company and the Holders of a majority of the Registrable Securities then outstanding.

  • Amendment; Modification No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing and signed by both Parties.

  • Integration; Modification This Construction Services Agreement represents the entire understanding of District and Contractor as to those matters contained herein, and supersedes and cancels any prior oral or written understanding, promises or representations with respect to those matters covered herein, and it shall not be amended, altered or changed except by a written agreement signed by the parties hereto.

  • Written Modifications This Agreement may be amended, modified, extended or terminated, and the provisions hereof may be waived, only by an agreement in writing signed by the Company and the Stockholders that hold a majority of the Shares held by all Stockholders: provided, however, that any amendment, modification, extension, termination or waiver (an “Amendment”) shall also require the consent of any Stockholder who would be disproportionately and adversely affected thereby. Each such Amendment shall be binding upon each party hereto and each holder of Shares subject hereto. In addition, each party hereto and each holder of Shares subject hereto may waive any right hereunder by an instrument in writing signed by such party or holder.

  • Amendments; Modifications This Agreement may not be modified, altered or amended except by an agreement in writing executed by all of the parties hereto.

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