Modification Conditions Clause Samples
The Modification Conditions clause sets out the requirements and procedures for making changes to the terms of an agreement. Typically, it specifies that any amendments must be made in writing and agreed upon by all parties involved, often requiring signatures or formal approval. This clause ensures that modifications are clearly documented and mutually accepted, preventing misunderstandings or disputes over informal or unauthorized changes to the contract.
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Modification Conditions. At least 60 days notice will be given prior to any rate change.
Modification Conditions. The school reserves the right to modify any policy or fee by providing a 30-calendar-day notice to the individual(s) signing this contract.
Modification Conditions. ABC Preschool and Daycare reserves the right to change tuition at any time. A written notice of any rate change will be available 30 (thirty) calendar days prior to the effective date of change.
Modification Conditions. In the event that on or prior to the Deadline Date, PPDA:
(i) pays to GD and Kauai, collectively, in immediately available U.S. funds via wire transfer to an account designated by GD on or prior to the Deadline Date, $1,000,000 (the “GD Payment”);
(ii) pays to DD, in immediately available U.S. funds via wire transfer to an account designated by DD on or prior to the Deadline Date, $1,000,000 (the “DD Payment”);
(iii) transfers, assigns and conveys, and causes the Company to transfer, assign and convey, to GD and DD (or their designee) pursuant to the terms of the B▇▇▇ of Sale attached hereto as Exhibit A (the “B▇▇▇ of Sale”) the following assets, properties and rights, free and clear of any security interests, liens or encumbrances:
(A) the “c▇▇▇▇▇.▇▇▇” domain name (the “Domain Name”);
(B) the “c▇▇▇▇▇.▇▇▇” website (excluding PPDA’s or the Company’s digital signature technology and the programming code as of the date hereof, but including the programming code and content as of December 19, 2005) and all e-mail addresses that use or include the “c▇▇▇▇▇.▇▇▇” domain name (collectively, the “Website”);
(C) the following “c▇▇▇▇▇.▇▇▇” marks (collectively, the “Marks”): (1) the C▇▇▇▇▇.▇▇▇ m▇▇▇ represented by U.S. Patent and Trademark Office (“PTO”) Registration Number 2502133 (the “First M▇▇▇”); and (2) the C▇▇▇▇▇.▇▇▇ WE ARE E-COMMERCE m▇▇▇ represented by PTO Registration Number 2601124 (the “Second M▇▇▇”), and all filings, renewals and rights to make filings and renewals in respect of the Marks and all goodwill and common law rights associated with and in respect of the Marks;
(D) the right to use the c▇▇▇▇▇.▇▇▇ name;
(E) the Company’s affiliate program as it pertains to c▇▇▇▇▇.▇▇▇, and all advertising, marketing, referral and link relationships, in all cases as they pertain to c▇▇▇▇▇.▇▇▇, providing links to the Domain Name or the Website (excluding any program participation of, or relationships with, Baron Design Group, G▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, and RapidVector); and
(F) all goodwill and common law rights associated with and in respect of the foregoing (the items in clauses (A) thru (F), collectively, the “Settlement Assets”);
(iv) without limiting the rights of the Shareholders (or their designee) under the B▇▇▇ of Sale, provides the Shareholders (or their designee) with an assignment of the Second M▇▇▇ for purposes of recording such assignment with the PTO, in the form attached hereto as Exhibit B (the “Second M▇▇▇ Assignment”);
(v) provides the Shareholders with a wr...
Modification Conditions. Initial Paatham reserves the right to change the tuition fees at any time. A written notice of any rate change will be made available thirty (30) days prior to the effective date of the cha ge.
Modification Conditions. General: Parent understands and acknowledges that, under California law, Center may modify this agreement whenever circumstances covered in this agreement change, provided that any such modification shall be in writing and shall be signed and dated by Parent and Center.
Modification Conditions. 14.1. Any change of the conditions set out in this contract, unless it is a result of amendments to applicable regulations or of a binding decision issued by a legal or administrative authority, shall be notified to the customer at least fifteen (15) days before its coming into force, informing of the customer's right to terminate the contract without penalty, should the customer disagree with such change. Conditions of the Contract and the Individual or Special Terms and Conditions, the order of prevalence shall be the Special, the Individual and then the General Terms and Conditions.
Modification Conditions. This Modification shall not become effective until the date on which all of the following conditions are satisfied in the sole discretion of the Administrative Agent (collectively, THE "MODIFICATION CONDITIONS"):
(a) The Administrative Agent shall have received from each Loan Party that is a party thereto executed counterparts of this Modification, and, with respect to each Project, and in recordable form, the Modification of Deeds of Trust (hereafter defined) and the Modification of Assignments of Rents (hereafter defined).
(b) Borrowers' payment to the Administrative Agent of (i) the Revolving Loan Prepayment Amount and the Term Loan Prepayment Amount, together with any LIBOR breakage costs, (ii) the Unused Line Fee due and payable pursuant to the terms and provisions of SECTION 2.03(4) of the Loan Agreement for the portion of the calendar quarter in which such prepayment occurs and (iii) all reasonable costs and expenses of the Administrative Agent and the Lenders in connection with, or arising out of the negotiation, execution and delivery of this Modification (including the reasonable fees and expenses of counsel) and the consummation of the transactions contemplated by this Modification (including all title insurance charges and recording fees).
(c) The Borrowers shall deliver to the Administrative Agent (on behalf of the Lenders) such endorsements to the existing Title Policies and amendments to the Loan Documents as the Administrative Agent may reasonably request to protect its interests or to confirm the validity and priority of the Mortgages and any other Liens or collateral granted to Administrative Agent (on behalf of the Lenders) in connection with the Loans.
(d) The Administrative Agent shall have determined to its satisfaction (provided, however, that such determination shall be consistent with, and similar in substance to, the determination of such calculation as of the date of the Loan Agreement) that the Projects generate an annualized Net Operating Income sufficient to produce (a) an aggregate Cash on Cash Return of at least 12%; (b) an aggregate Debt Service Coverage of at least 1.25 to 1.00 and (c) a Portfolio LTV equal to, or less than, 77%.
(e) The Administrative Agent shall have determined to its satisfaction (provided, however, that such determination shall be consistent with, and similar in substance to, the determination of such calculation as of the date of the Loan Agreement) that the REIT Net Cash Flow Test and the REIT Net Wo...
Modification Conditions. 15.1. Supplier may not conduct any change on part and material specifications without implicit and written consent of Ege Fren.
15.2. Those modifications required in writing on the specifications of parts and materials approved by Ege Fren shall be realized within the period that is mutually agreed upon by the parties and shall be submitted to the approval of Ege Fren.
15.3. Should either party waives infringement of any provision hereof by other party, or does not demand any right arising from the agreement, this will not mean waiver of the whole right and will mean waiver of future infringement of such provision. It will not terminate validity of other provisions of the agreement and the entire agreement.
Modification Conditions. 1. The pricing or delivery downtime of this specification is based upon the materials displayed on the fabric selection boards and the specified materials and components. Any changes or deviations may result in a price adjustment and additional down time.
2. Assumes the current oxygen supply and system is capable of delivering the required flow to any new configurations.
3. All new fabrics and materials not inherently flame resistant shall be treated with a fire retardant protection as needed to comply with applicable FAA specifications. Dassault Aircraft Services shall ensure that all new materials are certified to meet the requirements of FAR 25.853
4. Unless specifically stated, all equipment and furnishings removed shall become the property of DAS.
