Revocation and Amendment Clause Samples
The Revocation and Amendment clause defines the process by which a contract or agreement can be withdrawn or modified after it has been established. Typically, this clause outlines the conditions under which parties may revoke or amend the terms, such as requiring mutual written consent or specifying notice periods. Its core practical function is to provide a clear mechanism for updating or canceling the agreement, ensuring that all parties understand how changes can be made and reducing the risk of disputes over unauthorized modifications.
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Revocation and Amendment. I revoke all prior General ▇▇▇▇▇▇ of Attorney that I may have executed and I retain the right to revoke or amend this document and to substitute other Agents in place of my Agent. Amendments to this document shall be made in writing by me personally (not by my Agent) and they shall be attached to the original of this document and recorded in the same county or counties as the original if the original is recorded.
Revocation and Amendment. Energy One has the right to revoke cardholder’s privileges at any time without notice. We reserve the right to change this notice, but will notify cardholders of a change in terms as required by law or federal regulation.
Revocation and Amendment. 8.1 The Grantor shall have the irrevocable right to and may by instrument in writing signed by the Grantor and delivered to the Trustee, revoke, modify or alter this Agreement, in whole or in part, without the consent of the Trustee or any Beneficiary. Save as may otherwise be provided herein, the Trust shall not be amended, modified, revoked or terminated in any other way.
Revocation and Amendment. It is agreed by and between the parties hereto that, during the lifetime of Executive, this Agreement may be amended or revoked at any time or times, in whole or in part, by the mutual written assent of Executive and the Corporation.
Revocation and Amendment. Beneficiary may at any time by written instrument delivered to the Trustee revoke, or with the consent of the Trustee, amend this Trust Agreement. In the case of revocation, which shall take place after providing at least sixty (60) days prior written notice to Trustee with a copy of such notice to the Beneficiary, the Trustee shall convey title to the Property in accordance with the procedures set forth in Section 13 of this Trust Agreement and, in the case of amendment, Beneficiary shall furnish to the Trustee the written form of said amendment as executed by Beneficiary. Upon the execution of said amendment by the Trustee, said amendment shall be considered to be an amendment to this Trust Agreement.
Revocation and Amendment. From and after the First Decedent's death, the Surviving Spouse shall have the power to amend or revoke the Survivor's Trust in whole or in part. In the event of a revocation, the Survivor's Trust or revoked portion thereof shall be transferred, conveyed and paid over to the Surviving Spouse, free of any trust. Any amendment or revocation shall be by an acknowledged, written instrument signed by the Surviving Spouse and delivered to the then acting Trustees.
Revocation and Amendment. A. As long as both of the Undersigned are alive, each of them reserves the right, without the consent or approval of the other, to amend, modify or revoke their separate Trusts under this Agreement, in whole or in part, including this Trust, concerning the property that each has contributed to the Trust, in whole or in part, including the principal and the present or past undisbursed income from such principal. Such revocation shall be by an instrument in writing signed by the undersigned and shall be effective upon signing without notice to any successor Trustee. After the first of the Undersigned has died, the survivor may amend or revoke only the Marital Trust, excepting, however, the QTIP Marital Trust, while the Family Trust shall continue as an Irrevocable Trust and will be administered and distributed as set forth herein. On the death of the survivor of the Undersigned, the remainder of the Trust Estate and the Trusts created hereinafter shall become irrevocable.
B. While any of these Trusts remain revocable, the Undersigned may, in their discretion, make such use of the funds or properties of these Trusts as they may deem prudent, and such use shall be deemed to have been made with the consent and approval of the Trustees as though a formal writing were submitted in accordance with the provisions above.
C. The interest of the beneficiaries is a present interest which shall continue until this Trust is revoked or terminated other than by death. As long as this Trust subsists, the Trust properties and all rights and privileges thereunder shall be controlled and exercised by the Trustees named herein.
Revocation and Amendment. 8.1 [Deliberately left blank].
Revocation and Amendment. This Plan may be amended or terminated at any time at the sole discretion of the Board of Directors of Corporation; provided, however, that any such amendment or termination shall not affect the rights of any Participant which may have accrued under the Plan at the time of amendment or termination.
Revocation and Amendment. It is advised that an article be developed to require notification of the Forest Service if there are any changes to the status of the recreation residence, the trust, trustee, or beneficiaries. This will facilitate the issuance of a new permit.