Modification of Proposal Sample Clauses

Modification of Proposal. (a) If the Recipient determines that modifications are required to the Proposal, the Funding Amount will remain payable if: (i) the objectives of the Proposal are not altered; and (ii) the proposed modifications are approved in writing by the Department. (b) The approved modifications contemplated by clause 3.2(a) will form part of the Proposal under this Agreement effective from the date of approval.
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Modification of Proposal a. A proposal may be modified or withdrawn by the offeror any time prior to the time and date set for the receipt of proposals. The offeror shall notify the County, in writing of his intentions. b. Modified and withdrawn proposals may be resubmitted to the County up to the time and date set for the receipt of proposals.
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Modification of Proposal. Town and Owner previously agreed, pursuant to Article I, Section 1.01 of the Amended and Restated MOU dated July 9, 2024, that a “Refined Development Proposal” as presented to the Board on June 11, 2024 was consistent with the Town’s overall expressed goals and visions for the development and sustainability of the subject property, as it may be modified from time to time, and that the Developer could proceed to commence the land use review process in accordance with Town regulations. Based upon various factors, including the current condition of the buildings on the subject premises, and current financial and market conditions impacting upon the options for development at the site, the Developer has proposed to modify the “Refined Development Proposal” as provided for in Section 1.01 of Article I of the Amended and Restated MOU. The Developer has proposed to modify the development plans for the property, based primarily upon the existing state of disrepair of certain buildings at the subject property. The modified proposal includes the demolition of the existing conference center in accordance with all applicable rules, regulations and permit requirements, as well as, if circumstances so warrant, demolition of the existing hotel facility, while maintaining the existing amenities center to be redesigned as an amenities center for development at the site. The residential component shall be comprised of no more than 342 residential town house style units. Nothing herein shall be deemed or construed to prevent Developer from reinstating the Refined Development Proposal contained in the Amended and Restated MOU dated July 9, 2024. The Town Board has reviewed the modified proposal and finds that, given the current circumstances and condition of the property, the modified proposal remains consistent with the Town’s overall expressed goals and visions for the development and sustainability of the property, and the Town is willing to review the modified proposed plan in accordance with the Town’s applicable land use review process as set forth in the Amended and Restated MOU.
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Modification of Proposal. Modification of a proposal already received will be considered only if the modification is received prior to the deadline date for receiving proposals. All modifications shall be made in writing, executed, and submitted in the same form and manner as the original Proposal.
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Modification of Proposal. Promptly after the execution of this letter agreement, ▇▇. ▇▇▇▇ shall submit a letter, in the form of Exhibit A hereto, to the Board and the special committee formed by the Board to evaluate the Proposal.
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Related to Modification of Proposal

  • Modification of Agreement This Agreement may be modified, amended, suspended or terminated, and any terms or conditions may be waived, but only by a written instrument executed by the parties hereto.

  • Modification and Waivers The Indenture permits, with certain exceptions as therein provided (including, but not limited to the exceptions set forth in Section 15.11(i)), the amendment of the Indenture and the modification of the rights and obligations of the Issuer and the rights of the holders of the Notes under the Indenture at any time by the Issuer with the consent of the holders of not less than 66 2/3% in aggregate principal amount of the series of Notes of which this Note is a part then outstanding and all other Securities (as defined in the Indenture) then outstanding under the Indenture and affected by such amendment and modification. The Indenture also contains provisions permitting the holders of a majority in aggregate principal amount of the series of Notes of which this Note is a part then outstanding and all other Securities then outstanding under the Indenture and affected thereby, on behalf of the holders of all such Securities, to waive compliance by the Issuer with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the holder of this Note shall be conclusive and binding upon such holder and upon all future holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent or waiver is made upon this Note. The determination of whether particular Securities are “outstanding” will be made in accordance with the Indenture. Any action by the holder of this Note shall bind all future holders of this Note, and of any Note issued in exchange or substitution hereof or in place hereof, in respect of anything done or permitted by the Issuer or by the Trustee in pursuance of such action. New Notes authenticated and delivered after the execution of any agreement modifying, amending or supplementing this Note may bear a notation in a form approved by the Issuer as to any matter provided for in such modification, amendment or supplement to the Indenture or the Notes. New Notes so modified as to conform, in the opinion of the Issuer, to any provisions contained in any such modification, amendment or supplement may be prepared by the Issuer, authenticated by the Trustee and delivered in exchange for this Note.

  • Modification of the Agreement Notwithstanding any of the provisions of this Agreement, the parties may agree to amend this Agreement. No alteration or variation of the terms of this Agreement shall be valid unless made in writing and signed by the parties hereto. No oral understanding or agreement not incorporated herein shall be binding on any of the parties hereto.

  • Modification; Waivers No modification, termination or attempted waiver of this Agreement will be valid unless in writing, signed by the party against whom such modification, termination or waiver is sought to be enforced.

  • Modification and Waiver No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.