Firmenich Amendment Clause Samples

The Firmenich Amendment is a contractual provision that modifies or supplements the terms of an existing agreement, typically to address specific concerns or requirements raised by Firmenich, a company involved in the agreement. This amendment may introduce new obligations, clarify existing terms, or adjust timelines and deliverables to better align with Firmenich's operational needs. Its core practical function is to ensure that the contract accurately reflects the negotiated terms between the parties, thereby reducing ambiguity and potential disputes.
Firmenich Amendment. The Borrower shall (a) not amend the License and Drawing Rights Agreement between Borrower and DSM Nutritional Products, Ltd. (the “License Agreement”), dated March 31, 2021 in a manner or to an extent that could reasonably be expected to adversely affect the interests of the Lender (in its sole determination), and (b) provide all documents and agreements relating to amendment of the License Agreement in agreed form not less than five Business Days before entering into such amendment.
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Firmenich Amendment. The Parent shall (a) not amend the License and Drawing Rights Agreement between Parent and DSM Nutritional Products, Ltd. (the “License Agreement”), dated March 31, 2021 in a manner or to an extent that could reasonably be expected to adversely affect the interests of the Lender (in its sole determination), and (b) provide all documents and agreements relating to amendment of the License Agreement in agreed form not less than five Business Days before entering into such amendment.
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Firmenich Amendment. On or prior to June 30, 2023, the Borrower shall enter into an agreement satisfactory to the Lender pursuant to which the Borrower amends the License and Drawing Rights Agreement between Borrower and DSM Nutritional Products, Ltd., dated March 31, 2021, to expand the scope of the ROFRO rights set forth in Section 3.1.4 therein, in a manner consistent with the Letter Agreement, dated as of December 12, 2022, by and among the Borrower, the other Obligors and the Lender.
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Related to Firmenich Amendment

  • First Amendment The Administrative Agent shall have received multiple counterparts as requested of the this First Amendment from each Lender.

  • Second Amendment The Administrative Agent shall have received this Second Amendment, duly executed and delivered by the Borrower, the Required Lenders and the Administrative Agent.

  • Waiver and Amendment Any provision of this Agreement may be waived at any time by the party that is entitled to the benefits of such provision. This Agreement may not be modified, amended, altered or supplemented except upon the execution and delivery of a written agreement executed by the parties hereto.

  • The Eleventh Amendment The Eleventh Amendment is an inherent and incumbent protection with the State of Kansas and need not be reserved, but prudence requires the State to reiterate that nothing related to this contract shall be deemed a waiver of the Eleventh Amendment."

  • Amendment and Waiver The provisions of this Agreement may be amended or waived only with the prior written consent of the Company and Executive, and no course of conduct or failure or delay in enforcing the provisions of this Agreement shall affect the validity, binding effect or enforceability of this Agreement.