Modification of Existing Agreements Sample Clauses

Modification of Existing Agreements. The Company agrees that it will, and does hereby modify all existing contracts and arrangements with Newswriters to bring the same into conformity with the provisions of this Agreement with respect to all work to be performed subsequent to the effective date hereof; provided, however, that nothing herein contained shall be deemed to modify or affect the terms of any existing contract or arrangement between the Company and any Newswriters which are more favorable to such Newswriter than the terms of this Agreement.
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Modification of Existing Agreements. Amend, modify, or otherwise change in any respect any material agreement, instrument, or arrangement (written or oral) by which Borrower, or any of its assets, are bound.
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Modification of Existing Agreements. Concurrently with execution of this Settlement Agreement, the Existing Agreements shall each be modified as follows: 1.1. The Sublease shall be amended to reduce the leased space and reduce the fee being charged for same to correspond to a reduced number of AVCT employees, and modify the term and termination provisions, as more particularly set forth in Exhibit 1 hereto; 1.2. The Corporate Services Agreement shall be amended to reduce the fee being charged for same to correspond to a reduced number of AVCT employees, and modify the term and termination provisions, as more particularly set forth in Exhibit 2 hereto; 1.3. The Lab Sharing Agreement shall be amended to reduce the fee being charged for same to correspond to a reduced number of AVCT employees, and modify the term and termination provisions, as more particularly set forth in Exhibit 3 hereto; 1.4. The PLA and PLA Pricing Addendum shall be amended to modify the fees applicable to certain PLA Maintenance Services and PLA Products, as more particularly set forth in Exhibit 4 hereto; and 1.5. The Reseller Agreement and Amendments thereto shall be modified as set forth in Exhibit 5 (Wind Down Agreement), and further in consideration of Exhibit 6 (Warrant Termination Agreement) and Exhibit 7 (Stock Redemption Agreement) hereto.
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Modification of Existing Agreements. TRANSFER OF RESPONSIBILITY A. The Company shall and hereby does modify all existing contracts and arrangements with employees to bring the same into conformity with the provisions of this Agreement with respect to all work to be performed subsequent to the effective date hereof; provided, however, that nothing herein contained shall be deemed to modify or affect the terms of any existing contract or arrangement between the Company and any employee which terms are more favorable to such employee than the terms of this Agreement. B. The Company shall not enter into a contract with, or employ, any employee on terms and conditions less favorable to him/her than those set forth in this Agreement. Only the Guild and the Company shall have the right to waive any of the provisions of this Agreement by mutual consent. The terms of this Agreement are minimum and nothing herein contained shall prevent an employee from negotiating or obtaining better terms than the minimums here provided. C. In the event that the Company transfers an employee and such transfer involves relocation, the Company's then prevailing relocation expense policy shall apply.
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Modification of Existing Agreements. A. The Company agrees that it will, and does hereby, modify all existing contracts and arrangements with Employees to bring the same into conformity with the provisions of this Agreement with respect to all work to be performed subsequent to the effective date hereof; provided, however, that nothing herein contained shall be deemed to modify or affect the terms of any existing contract or arrangement between the Company and any Employee which are more favorable to such Employee than the terms of this Agreement. B. The Company agrees that it will not enter into a contract with or employ, any Employee on terms and conditions less favorable than those set forth in this Agreement. Only the Union and the Company shall have the right to waive any of the provisions of this Agreement, provided, however, that the Company may only waive those rights and benefits which it has under this Agreement, and the Union may only waive those rights and benefits which it, or any of its members, has under this Agreement. The terms of this Agreement are minimum, and the Company agrees that nothing herein contained shall prevent an Employee from negotiating or obtaining better terms than the minimums herein.
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Modification of Existing Agreements. Any existing related party agreements shall be modified on market terms satisfactory to Buyer.
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Modification of Existing Agreements 
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Related to Modification of Existing Agreements

  • Ratification of Existing Agreements All existing Dual Enrollment agreements between the Trustees and the Private School are hereby modified to conform to the terms of this agreement and the appendices of this document.

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

  • No Violation of Existing Agreements Neither the Borrower nor any ----------------------------------- Subsidiary of the Borrower is in violation of any material agreement or instrument to which it is party or by which it or any of its properties (now owned or hereafter acquired) may be subject or bound;

  • Termination of Existing Credit Agreement Receipt by the Administrative Agent of evidence that the Existing Credit Agreement concurrently with the Closing Date is being terminated and all Liens securing obligations under the Existing Credit Agreement concurrently with the Closing Date are being released.

  • Incorporation of Prior Agreements; Modifications This Lease is the only agreement between the parties pertaining to the lease of the Property and no other agreements are effective. All amendments to this Lease shall be in writing and signed by all parties. Any other attempted amendment shall be void.

  • Amendment and Restatement of Existing Credit Agreement Upon the execution and delivery of this Agreement, the Existing Credit Agreement shall be amended and restated to read in its entirety as set forth herein. With effect from and including the Effective Date, (i) the Commitments of each Lender party hereto shall be as set forth on Appendix A (and (a) to the extent that such Lender constitutes a lender under the Existing Credit Agreement (a “Consenting Lender”), such Consenting Lender’s commitment thereunder shall be terminated and replaced with its respective Commitment hereunder and (b) any lender under the Existing Credit Agreement that is not listed on Appendix A shall cease to be a Lender hereunder and its commitment thereunder shall be terminated; provided that, for the avoidance of doubt, such lender under the Existing Credit Agreement shall continue to be entitled to the benefits of Section 9.03 of the Existing Credit Agreement), (ii) all accrued and unpaid interest and fees and other amounts owing under the Existing Credit Agreement shall have been paid by the Borrower under the Existing Credit Agreement, whether or not such interest, fees or other amounts would otherwise be due and payable at such time pursuant to the Existing Credit Agreement, (iii) the Commitment Ratio of the Consenting Lenders shall be redetermined based on the Commitments set forth in the Appendix A and the participations of the Consenting Lenders in, and the obligations of the Consenting Lenders in respect of, any Letters of Credit or Swingline Loans outstanding on the Effective Date shall be reallocated to reflect such redetermined Commitment Ratio and (iv) each JLA Issuing Bank shall have the Fronting Sublimit set forth in Appendix B.

  • Execution of Supplemental Agreements In executing, or accepting the additional agencies created by, any supplemental agreement permitted by this Article or the modifications thereby of the agencies created by this Agreement, the Agent shall be entitled to receive and (subject to Section 7.1) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such supplemental agreement is authorized or permitted by this Agreement. The Agent may, but shall not be obligated to, enter into any such supplemental agreement which affects the Agent's own rights, duties or immunities under this Agreement or otherwise.

  • DESCRIPTION OF EXISTING INDEBTEDNESS AND OBLIGATIONS Among other indebtedness and obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to a loan arrangement dated as of June 11, 2003, evidenced by, among other documents, a certain Loan and Security Agreement dated as of June 11, 2003 between Borrower and Bank, as amended from time to time (as amended, the "Loan Agreement"). Capitalized terms used but not otherwise defined herein shall have the same meaning as in the Loan Agreement.

  • Amendment of Existing Warrant Agreement The Company and the Warrant Agent hereby amend the Existing Warrant Agreement as provided in this Section 2, effective as of the Merger Effective Time, and acknowledge and agree that the amendments to the Existing Warrant Agreement set forth in this Section 2 are necessary or desirable and that such amendments do not adversely affect the interests of the registered holders:

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