Formal Amendment Sample Clauses

Formal Amendment. Any changes to the Contract that results in a change to either the term, fees, or significantly impacting the obligations of the parties to the Contract must be effectuated by a formal Amendment to the Contract. Such Amendment must be signed by the appropriate and duly authorized representative of each party in order to have any effect.
AutoNDA by SimpleDocs
Formal Amendment. Any change in the GRANT AGREEMENT that is not addressed by a letter amendment shall be accomplished by a formal amendment. A formal amendment is not binding unless and until it is fully executed. Therefore, any costs incurred by the GRANTEE prior to the full execution of the amendment are incurred at the GRANTEE’S risk.
Formal Amendment. It is hereby expressly agreed that no amendment to the provisions in this Agreement or waiver of any of its terms and conditions shall be valid, unless collectively signed by the Parties.
Formal Amendment. The terms of this Agreement shall not be waived, altered, modified, supplemented or amended, in any manner whatsoever, except by written instrument signed by both Parties and any required legal approvals.
Formal Amendment. Under some circumstances, it may be necessary to substantially amend the Plan and this Agreement. Any proposed changes to the Plan that do not qualify for treatment as described in Chapters 6.5.1 or 6.5.2 will require a formal amendment. Formal amendment to the Plan and this Agreement also will require corresponding amendment to the authorizations/Permits, in accordance with applicable laws and regulations regarding permit amendments. The Implementation Office will be responsible for submitting any proposed amendments to the Permit Oversight Group.
Formal Amendment. Any change in the GRANT AGREEMENT that is not addressed by a letter amendment shall be accomplished by a formal amendment. A formal amendment is not binding unless and until it is fully executed. Therefore, any costs incurred by the GRANTEE prior to the full execution of the amendment are incurred at the GRANTEE’S risk. (C) A change to or amendment of this GRANT AGREEMENT is not binding on either party unless and until the provisions of the appropriate paragraph (a) or (b) are carried out. Any cost incurred by the GRANTEE prior to the performance of such provisions is incurred at the GRANTEE'S risk
Formal Amendment. Any amendment to this Agreement other than a Minor Amendment shall require noticed public hearings before the Planning Commission and City Council consistent with the Development Agreement Law (“Formal Amendment”).
AutoNDA by SimpleDocs
Formal Amendment. The foregoing constitutes the substance of the agreement between the DOE and the Contractors who are signatories to this Memorandum of Understanding. The parties hereto agree to enter into a formal amendment of the Transportation Contracts incorporating the terms herein, which amendment shall be subject to the approval of their respective counsel as to form and the approval of the New York State Department of Education. This agreement is not effective unless Contractors, who collectively represent at least 94% of the Contractor Vehicles under the Transportation Contracts, execute the same and an original signed copy is returned to the DOE on or before March 3, 2003.
Formal Amendment. The terms and conditions contained in this Letter Agreement shall be formalized in an amendment to Section 3.08 of the Agreement ("Formal Amendment"), together with the formalization of all other outstanding amendments to the Agreement, prior to the first 30 Day Expiration Date ("Formalization Period"). Such Formal Amendment may include other changes, to be negotiated in good faith, not addressed by this Letter Agreement, but which are necessary due to the terms and conditions agreed upon in this Letter Agreement.

Related to Formal Amendment

  • Incremental Amendment Commitments in respect of Incremental Term Loans and Incremental Revolving Loan Commitments shall become Commitments (or in the case of an Incremental Revolving Loan Commitment to be provided by an existing Revolving Credit Lender, an increase in such Lender’s applicable Revolving Credit Commitment), under this Agreement pursuant to an amendment (an “Incremental Amendment”) to this Agreement and, as appropriate, the other Loan Documents, executed by the Borrower, each Incremental Lender providing such Commitments and the Administrative Agent. The Incremental Amendment may, without the consent of any other Loan Party, Agent or Lender, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section 2.14. The Borrower will use the proceeds of the Incremental Term Loans and Incremental Revolving Loan Commitments as determined by the Borrower and the Lenders providing such Incremental Term Loans and Incremental Revolving Loan Commitments. No Lender shall be obligated to provide any Incremental Term Loans or Incremental Revolving Loan Commitments, unless it so agrees.

  • Additional Amendment In connection with any Extension Amendment, at the request of the Administrative Agent or the Extending Lenders, the Borrower shall deliver an opinion of counsel reasonably acceptable to the Administrative Agent as to the enforceability of this Agreement as amended by such Extension Amendment, and such of the other Loan Documents (if any) as may be amended thereby.

  • Technical Amendments Notwithstanding anything to the contrary in this Section 13.7, if the Administrative Agent and the Borrower have jointly identified an ambiguity, omission, mistake or defect in any provision of this Agreement or an inconsistency between provisions of this Agreement, the Administrative Agent and the Borrower shall be permitted to amend such provision or provisions to cure such ambiguity, omission, mistake, defect or inconsistency so long as to do so would not adversely affect the interests of the Lenders and the Issuing Bank. Any such amendment shall become effective without any further action or consent of any of other party to this Agreement.

  • Effectiveness of Incremental Amendment The effectiveness of any Incremental Amendment, and the Incremental Commitments thereunder, shall be subject to the satisfaction on the date thereof (the “Incremental Facility Closing Date”) of each of the following conditions:

  • Waiver; Amendment Except as expressly provided in this Agreement, no amendment or waiver of this Agreement shall be binding unless executed in writing by the party to be bound thereby. No waiver of any provision of this Agreement shall constitute a waiver of any other provision nor shall any waiver of any provision of this Agreement constitute a continuing waiver unless otherwise expressly provided.

Time is Money Join Law Insider Premium to draft better contracts faster.