MODIFICATION – REVISION Clause Samples

MODIFICATION – REVISION. 27.1 Any clause for which provision is not made in this Agreement can be proposed by any one of the Parties and will be considered carefully. Each party will attempt to reach a mutually acceptable solution following which the aforesaid clause will be the object of a codicil signed by each Party and annexed to this Agreement. 27.2 The rights and obligations of the Parties resulting from this Agreement attempt to establish an economic balance between the Parties at the time of signature of the aforesaid Agreement. If in the course of the implementation of the Agreement very significant variations in economic conditions were to impose significantly heavier costs on one or other of the Parties than those anticipated at the time of signature of the Agreement, the Parties agree to re-examine these provisions in a spirit of objectivity and fairness in order to regain the initial balance. For the Parties, this clause implies a simple obligation to re-negotiate with a view to a possible re-adaptation of the Agreement. Except for a definite agreement between the Parties, the Agreement will remain in force and will continue to be effective during the period of re-negotiation.
MODIFICATION – REVISION. Licensor may modify the terms of this Agreement at any time without notice to Licensee by posting the revised Agreement via CreatorMix website. Each revision will state its effective date, which will be on or after the date in which it is published. Your continued use of the Property following this effective date constitutes your acceptance of the revised Agreement.

Related to MODIFICATION – REVISION

  • Modification, etc No modification, amendment or waiver of any provision of this Article, nor the consent to any departure by a Guarantor therefrom, shall in any event be effective unless the same shall be in writing and signed by the Trustee, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice to or demand on a Guarantor in any case shall entitle such Guarantor or any other guarantor to any other or further notice or demand in the same, similar or other circumstances.

  • Modification; Waiver No provision of this Agreement may be modified, waived or discharged unless modification, waiver or discharge is agreed to in writing signed by the Employee and such officer of the Company as may be specifically designated by its Board of Directors. No waiver by either party at any time of any breach by the other party of, or compliance with, any condition or provision of this Agreement to be performed by such other party will be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time.

  • Integration; Modification This Construction Services Agreement represents the entire understanding of District and Contractor as to those matters contained herein, and supersedes and cancels any prior oral or written understanding, promises or representations with respect to those matters covered herein, and it shall not be amended, altered or changed except by a written agreement signed by the parties hereto.

  • Modification, Extension The issuance of any supplement, modification, amendment, renewal, or extension to any Letter of Credit shall, for purposes hereof, be treated in all respects the same as the issuance of a new Letter of Credit hereunder.

  • Modification of Budget Upon written approval of County, Subrecipient shall have the authority to transfer allocated program funds from one category of the overall program Budget to another category of the overall Budget. No such transfer may be made without the express prior written approval of County. A modification of the Budget may include the addition of any new Budget category.‌