Modification Provisions. Exceptionally, the competent authorities or the competent institutions of the Parties may agree to modify the application of Articles 7 to 12 in respect of particular persons or categories of persons.
Modification Provisions. Exceptionally, the competent authorities of the Parties may agree to modify the application of Articles 5 to 9 in respect of particular persons or categories of persons.
Modification Provisions. The terms of this Agreement may be modified by mutual agreement of the Parties. Any modification shall be in writing, shall refer specifically to this Agreement, and shall be executed by the Parties.
Modification Provisions. 1. In the interest of certain persons or certain categories of persons covered under the applicable legislation of the Contracting State, the competent authorities or the competent agencies duly authorized by them can, by mutual agreement, specify modifications to the provisions of Articles 7 to 9 provided that the affected persons shall be subject to the legislation of one of the Contracting States
2. Indian nationals other than those covered by Article 8, employed in the territory of Denmark shall be covered by the Labour Market Supplementary Pension (ATP) scheme unless the employment period is on a short term basis, which means a maximum of 6 months or, in case of employment as part of a training or education scheme, 18 months.
Modification Provisions. Notwithstanding anything herein to the contrary, this Declaration may be modified in any respect whatsoever or rescinded in whole or in part, by written instrument duly executed and acknowledged by all of the Parties.
Modification Provisions. The Competent Authorities of the Contracting Parties may, by common agreement, grant an exception to the provisions of this Part with respect to any person or category of persons, provided that any affected person shall be subject to the legislation of one of the Contracting Parties.
Modification Provisions. Either party may from time-to-time request changes or amendments to this MOU. Such changes or amendments, which are mutually agreed upon by and between PARTNER and the OUHSD, shall be effective only when incorporated in written amendments to this MOU.
Modification Provisions. This MOA shall become effective upon signature by all parties hereto.
Modification Provisions. This Agreement shall not be modified except in writing, signed by both parties to this Agreement. Further, the parties hereby agree that the Commission may hereby modify Part 2 to this Agreement by adding, deleting or modifying tasks, subtasks, schedules or the content or quantity of products to be produced by the contractor to the extent that such modifications result in no upward or downward cost adjustment.
Modification Provisions a. The Note shall be bifurcated into two components, a term note (the "Term Note"), which shall be in the principal amount of $1,514,608.57, and a line of credit note (the "LOC Note"), which shall be in the principal amount of $1,000,000.
b. The Term Note shall have a fixed interest rate of 10% per annum for a period of six months from the date hereof. Commencing September 1, 2004, the fixed rate of interest shall increase 2% to 12% per annum. Payments of principal and interest to Lender shall be calculated pursuant to a 20 year amortization schedule, but for a total term of 12 months form the date hereof, at which time (March 1, 2005) all principal, interest and other Indebtedness owing Lender shall be paid in full. In addition, on or before March 15, 2004, Borrower shall pay Lender the sum of $85,391.43 in reduction of principal. On or before June 1, 2004, October 1, 2004 and February 1, 2005, respectively, Borrower shall make additional payments in further reduction of principal in the minimum amount of $25,000 per
payment. All Indebtedness owing Lender under the Term Note shall be secured by the Collateral.
c. The LOC Note shall have a variable interest rate equal to the Prime Rate plus 6% per annum for a period of six months from the date hereof. Commencing September 1, 2004, the variable interest rate shall increase 2% to the Prime Rate plus 8% per annum. Borrower shall pay Lender all accrued interest monthly in addition to the following payment schedule. On June 1, 2004, October 1, 2004 and February 1, 2005, respectively, Borrower shall make additional payments in further reduction of the LOC Note in the minimum amount of $25,000 per payment (the "LOC Principal Payments"). In addition to reducing the principal amount of the LOC Note, each of the LOC Principal Payments shall constitute a permanent reduction to the Line of credit feature associated with the LOC Note that is referenced and provided for in the Note. All principal, interest and other Indebtedness owing Lender shall be paid in full on or before March 1, 2005. All Indebtedness owing Lender under the LOC Note shall be secured by the Collateral.
