Limitations to the Variations Clause Samples
The "Limitations to the Variations" clause defines the boundaries and restrictions on any changes or modifications that can be made to the original contract. Typically, this clause specifies which aspects of the agreement may not be altered, sets thresholds for permissible changes, or requires certain approvals before variations can take effect. For example, it may prohibit changes that significantly increase costs or alter the scope of work without mutual consent. The core function of this clause is to maintain contractual stability and prevent unilateral or excessive modifications, thereby protecting both parties from unexpected obligations or risks.
Limitations to the Variations. In case of Variations due to supply of additional Services or due to reasons which the Company could not foresee in advance, the total value of the Agreement may not change by more than the maximum amount permitted under the Applicable Laws.
Limitations to the Variations. In case of Variations due to supply of additional Services not previously foreseen under the Agreement, or due to reasons which the Principal or the Beneficiary could not foresee in advance under, the total value of the Agreement may not change by more than fifty percent (50%) in accordance with the fourth paragraph of the Section 61 of the Public Procurement Law of the Republic of Latvia.
Limitations to the Variations. In case of Variations due to supply of additional Services under Clause 6.8.4, or due to reasons which the Principal or the Implementing Bodies could not foresee in advance under Clause 6.8.1; 6.8.2; 6.8.3, the total value of the Agreement may not change by more than fifty percent (50%).
Limitations to the Variations. In case of Variations due to supply of additional Services, or due to reasons which the Principal or the Beneficiaries’ representatives could not foresee in advance, the Total Value may not change by more than fifty percent (50%).