Variations to the Principal Agreement Sample Clauses

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender contained in Clause 3, the Borrower hereby agrees with the Lender that (subject to the satisfaction of the conditions precedent contained in Clause 4), the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from the Effective Date, the following new definitions shall be added to Clause 1.2 (Definitions) of the Principal Agreement reading as follows:
Sample 1See All (14)
AutoNDA by SimpleDocs
Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Bank contained in Clause 3.1, the Borrower and the Corporate Guarantor hereby jointly and severally agree with the Bank that (subject to the satisfaction of the conditions precedent contained in Clause 4) with effect from the Effective Date, the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect from the Effective Date the definitions “Flag State” and “Vessel” of Clause 1.2 of the Principal Agreement shall be deleted and replaced by the following:
Sample 1See All (7)
Variations to the Principal Agreement. 5.1 Each of the Borrowers and the Corporate Guarantors hereby agree with the Bank, that with effect from the Effective Date, the provisions of the Principal Agreement shall be and are hereby agreed to be varied and/or amended and/or supplemented as follows: (a) the definitions “Corporate Guarantor”, and “Group” and in Clause 1.2 (Definitions) of the Principal Agreement and any references thereto in the Principal Agreement shall be deleted and replaced by the following reading as follows:
Sample 1See All (4)
Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Creditors contained in Clause 3.1, the Borrower and the Corporate Guarantors hereby jointly and severally agree with the Creditors that (subject to the satisfaction of the conditions precedent contained in Clause 4) with effect from the Effective Date, the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: (a) with effect from the 31st December, 2009 and for the duration of the Waiver Period only: i. the following new definition is inserted in clause 1.2 of the Principal Agreement:
Sample 1
Variations to the Principal Agreement. The Parties hereby agree that the following variations shall be made to the Principal Agreement: A new clause 8.9.3 shall be inserted as follows:
Sample 1
Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Bank contained in clause 3.1, the Borrower, the Approved Manager and the Corporate Guarantor hereby jointly and severally agree with the Bank that (subject to the satisfaction of the conditions precedent contained in clause 4) with effect from the Effective Date, the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: (a) with effect from 15th October, 2010 the amount of Dollars One million one hundred thirty thousand ($1,130,000) currently standing to the credit of the Retention Account shall be applied (at the Borrower’s request) towards pro-rata reduction of the Balloon Instalment and the outstanding Repayment Instalments, as a result of which the first paragraph of clause 4.1 (Repayment) of the Principal Agreement shall be amended to read as follows (with effect as of the date of such application):
Sample 1
Variations to the Principal Agreement. 3.1 The parties to this Deed agree that the Principal Agreement will be varied as set out in Schedule 1 to this Deed. 3.2 The Owner, PfP and the Mortgagee covenant to the Council to comply with their obligations in the Principal Agreement as varied by this Deed in the manner set out in Schedule 1 to this Deed and that save as herein varied, the Principal Agreement shall continue in full force and effect.
Sample 1
AutoNDA by SimpleDocs
Variations to the Principal Agreement i) Revise part a) of Clause 10. Hours of Work; Remove the reference in this paragraph to the “thirty five (35) day work cycle” and insert in lieu “thirty seven (37) day work cycle”. Further remove the reference in this paragraph to “seven (7) consecutive off duty days” and insert in lieu “nine (9) consecutive off duty days”. ii) Revise part d) of Clause 13.
Sample 1
Variations to the Principal Agreement 
Sample 1Sample 2Sample 3See All (11)

Related to Variations to the Principal Agreement

  • Amendments to the Purchase Agreement (a) Section 1.6 of the Purchase Agreement is hereby amended and restated in its entirety as follows:

  • Amendments to the Original Agreement (a) of the Original Agreement is hereby deleted and replaced in its entirety to read as follows:

  • Amendments to the Loan Agreement The Loan Agreement is hereby amended as follows:

  • Sales and Supplemental Agreements The terms of the specific TIPS order, including but not limited to: shipping, freight, insurance, delivery, fees, bonding, cost, delivery expectations and location, returns, refunds, terms, conditions, cancellations, order assistance, etc., shall be controlled by the purchase agreement (Purchase Order, Contract, Invoice, etc.) (hereinafter “Supplemental Agreement”) entered into between the TIPS Member Customer and Vendor only. TIPS is not a party to any Supplemental Agreement. All Supplemental Agreements shall include Vendor’s Name, as known to TIPS, and TIPS Contract Name and Number. Vendor accepts and understands that TIPS is not a legal party to TIPS Sales and Vendor is solely responsible for identifying fraud, mistakes, unacceptable terms, or misrepresentations for the specific order prior to accepting. Vendor agrees that any order issued from a customer to Vendor, even when processed through TIPS, constitutes a legal contract between the customer and Vendor only. When Vendor accepts or fulfills an order, even when processed through TIPS, Vendor is representing that Vendor has carefully reviewed the order for legality, authenticity, and accuracy and TIPS shall not be liable or responsible for the same. In the event of a conflict between the terms of this TIPS Vendor Agreement and those contained in any Supplemental Agreement, the provisions set forth herein shall control unless otherwise agreed to and authorized by the Parties in writing within the Supplemental Agreement.

  • TIPS Sales and Supplemental Agreements If awarded, when making a sale under this awarded contract, the terms of the specific TIPS order, including but not limited to: shipping, freight, insurance, delivery, fees, bonding, cost, delivery expectations and location, returns, refunds, terms, conditions, cancellations, defects, order assistance, etc., shall be controlled by the purchase agreement (Purchase Order, Contract, AIA Contract, Invoice, etc.) (“Supplemental Agreement” as used herein) entered into between the TIPS Member Customer and Vendor only. TIPS is not a party to any Supplemental Agreement. All Supplemental Agreements shall include Vendor’s Name, as known to TIPS, and TIPS Contract Name and Number. Vendor accepts and understands that TIPS is not a legal party to TIPS Sales and Vendor is solely responsible for identifying fraud, mistakes, unacceptable terms, or misrepresentations for the specific order prior to accepting. Vendor agrees that any order issued from a customer to Vendor, even when processed through TIPS, constitutes a legal contract between the customer and Vendor only. When Vendor accepts or fulfills an order, even when processed through TIPS, Vendor is representing that Vendor has carefully reviewed the order for legality, authenticity, and accuracy and TIPS shall not be liable or responsible for the same. In the event of a conflict between the terms of this TIPS Vendor Agreement and those contained in any Supplemental Agreement, the provisions set forth herein shall control unless otherwise agreed to and authorized by the Parties in writing within the Supplemental Agreement. The Supplemental Agreement shall dictate the scope of services, the project delivery expectations, the scheduling of projects and milestones, the support requirements, and all other terms applicable to the specific sale(s) between the Vendor and the TIPS Member.

  • Amendments to Original Agreement The Original Agreement is hereby amended as follows: (a) Article 1 is hereby amended to add the following definitions are added in the correct alphabetical location:

  • Terms of the Purchase Agreement The terms of the Purchase Agreement, including, but not limited to, the representations, warranties, covenants, agreements and indemnities relating to the Assigned Contracts are incorporated herein by this reference. The parties hereto acknowledge and agree that the representations, warranties, covenants, agreements and indemnities contained in the Purchase Agreement shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of any conflict or inconsistency between the terms of the Purchase Agreement and the terms hereof, the terms of the Purchase Agreement shall govern.

  • Modifications to Loan Agreement 1. The Loan Agreement shall be amended by deleting the following definition appearing in Section 13.1 thereof:

  • Modifications to the Agreement This Agreement constitutes the entire understanding of the parties on the subjects covered. The Employee expressly warrants that he or she is not executing 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.

  • Amendments to Note Purchase Agreement Subject to the satisfaction of the conditions precedent set forth herein and in reliance on the representations, warranties and covenants of the Companies set forth herein and in the Note Purchase Agreement, each party hereto hereby agrees that the Note Purchase Agreement be and hereby is, amended as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!