Purpose of the Modification Clause Samples
The "Purpose of the Modification" clause defines the specific reasons or objectives behind making changes to an existing agreement or contract. It typically outlines what aspects of the original contract are being altered and the intended outcomes of those changes, such as updating terms, correcting errors, or reflecting new business arrangements. By clearly stating the rationale for the modification, this clause ensures that all parties understand the context and necessity of the changes, thereby reducing the risk of misunderstandings or disputes regarding the intent behind the amendment.
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Purpose of the Modification. The purpose of the modification is to extend the expiration date from December 31, 2012 to December 31, 2013. Modification due to review and changes to the agreement and appropriate legal reviews. This modification is issued pursuant to provision number 61. Modification requiring mutual consent of the parties by the issuance of a written modification; and number 64. Commencement/Expiration requiring review of the Agreement every five years from the date the last party signs. All other terms of the Agreement remain in effect.
Purpose of the Modification. The purpose of the modification is to extend the original Memorandum of Understanding’s (MOU) performance period from an expiration date of September 30, 2008, to an expiration date of March 6, 2009. This change would align the MOU with the period of legislative authority for Service First under the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009 (Continuing Resolution, P.L. 110-329, Sept. 30, 2008; 122 Stat. 3574).