Negotiation of Modifications to this Agreement Sample Clauses

Negotiation of Modifications to this Agreement. The City agrees to negotiate in good faith with Developer and/or a Lender providing the initial construction Loan and any potential Lender that is providing financing that refinances the initial construction Loan until completion of construction of the Project, to amend this Agreement to provide such terms as the Lender may reasonably require to protect its prospective Mortgage against the Site; provided that such Mortgage shall qualify as a Permitted Encumbrance and any such amended terms do not materially adversely affect the City’s rights or materially increase the City’s obligations or materially decrease the Developer’s obligations under this Agreement. The City will not be liable to the Developer, any Lender or any other entity for any loss, damage, or injury of any kind arising from the City’s refusal to amend this Agreement in a manner that would result in any such modifications. Any modifications to this Agreement relating to a prospective financing between the Developer and a Lender shall be expressly subject to a condition precedent that the financing transaction closes.
Sample 1
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Related to Negotiation of Modifications to this Agreement

  • Modifications to this Agreement This Agreement constitutes the entire understanding of the parties on the subjects covered. Employee expressly warrants that he or she is not accepting this Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company.

  • Variations to this Agreement A23.1 This Agreement may be varied at any time by agreement between both of us and also on the occurrence of any of the following Variation Events:

  • AMENDMENTS TO THIS AGREEMENT This Agreement may only be amended by the parties in writing.

  • Changes to this Agreement We may make changes to this Agreement from time to time on the basis that you are able to end the Agreement without charge by us.

  • Variations to This Framework Agreement 32.1 Variation in General

  • PARTIES TO THIS AGREEMENT This Agreement binds:

  • Modification of this Agreement This Agreement may not be modified, nor may compliance with any of its terms be waived, except as noted in Section 11.1, “Notices to Parties,” regarding change in personnel or place, and except by written instrument executed and approved in the same manner as this Agreement. Contractor shall cooperate with Department to submit to the Director of CMD any amendment, modification, supplement or change order that would result in a cumulative increase of the original amount of this Agreement by more than 20% (CMD Contract Modification Form).

  • References to this Agreement Numbered or lettered articles, sections and subsections herein contained refer to articles, sections and subsections of this Agreement unless otherwise expressly stated.

  • AMENDMENTS TO THIS CONTRACT 8.1 No amendment to the provisions of this Contract, other than a variation of the Charges in accordance with the Charges Variation Procedure or a variation of any Sub-Contractors in accordance with Clause 30.5, shall be effective unless made in accordance with the Contract Change Procedure specified in Schedule 2-7.

  • 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.

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