Effect of FERC Adoption with Modification Sample Clauses

Effect of FERC Adoption with Modification. If FERC adopts the Proposed License Articles with modification, the Settlement Agreement shall be deemed amended to conform to the New License unless a Party gives notice of objection to the New License with a FERC-Imposed Modification pursuant to Section 1.3.11.4.2, below. Absent such objection, the Parties will be bound by the terms of this Settlement Agreement as amended. If FERC incorporates Settlement Agreement obligations into the New License that are intended to be specific resource commitments by and between certain Parties to the Settlement Agreement such that the commitments were not proposed as License Articles by the Parties and become enforceable by FERC against the Licensee (e.g., if FERC requires through a License Article that the Licensee fund recreation commitments that were to be made by a resource agency funded by APGI), the Parties agree that any funds obligated by APGI in the Settlement Agreement to meet those commitments will be applied to the cost to APGI of meeting the New License requirement. Funds intended to provide operational and maintenance support for public recreation areas, in whole or part, shall not be subject to re-appropriation unless FERC obligates the Licensee for operation and maintenance of the area. The Parties further agree that this Agreement allows this reallocation by APGI after consultation with the Parties to the original non-License commitment but without requiring APGI to engage in the Objection To New License With Modification procedures pursuant to Section 1.3.11.4.2 below.
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Related to Effect of FERC Adoption with Modification

  • Modification of Agreement This Agreement may be modified, amended, suspended or terminated, and any terms or conditions may be waived, but only by a written instrument executed by the parties hereto.

  • DURATION AND MODIFICATION OF AGREEMENT 33:01 This Agreement shall be binding and continue in effect until June 30, 2020, and shall continue automatically thereafter for annual periods of one (1) year each, unless either party notifies the other in writing within the period of three (3) months next preceding the expiration date of this agreement, that it desires to amend or terminate it.

  • Effect of Addenda, Bulletins, and Change Orders No special implication, interpretation, construction, connotation, denotation, import, or meaning shall be assigned to any provision of the Contract Documents because of changes created by the issuance of any (1) Addendum, (2) Bulletin, or (3) Change Order other than the precise meaning that the Contract Documents would have had if the provision thus created had read originally as it reads subsequent to the (1) Addendum, (2) Bulletin, or (3) Change Order by which it was created.

  • Effect of Agreement Nothing herein contained shall be deemed to require to the Trust to take any action contrary to its Declaration of Trust or its By-Laws or any applicable law, regulation or order to which it is subject or by which it is bound, or to relieve or deprive the Trustees of the Trust of their responsibility for and control of the conduct of the business and affairs of the Trust.

  • Effect of GMP Change Order The Preconstruction Phase cannot extend beyond the execution of the GMP Change Order. By definition, all services provided after the execution of the GMP Change Order are Construction Phase Services and are included in the GMP.

  • ALTERATION OF AGREEMENT A. It is hereby agreed that any alteration or modification of this Agreement shall be binding upon the parties only if agreed to in writing by both parties.

  • Limitation of Agreement This Agreement is limited to and includes only the work included in the Project described above.

  • EXTENT OF AGREEMENT/MODIFICATION This Agreement, together with attachments or addenda, represents the entire and integrated Agreement between the parties and supersedes all prior negotiations, representations, or agreements, either written or oral. This Agreement may be amended, modified, or added to only by written instrument properly signed by both parties.

  • Effect of Non-Agreement on Guidelines Applications The parties understand, acknowledge and agree that there are no agreements between the parties with respect to any Sentencing Guidelines issues other than those specifically listed in Paragraph 10, and its subsections. As to any other Guidelines issues, the parties are free to advocate their respective positions at the sentencing hearing.

  • Effect of Absence Where any leave of absence without pay exceeds thirty (30) continuous calendar days, the following shall apply:

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