Amendments. 13.1. The Credit Agreement may be amended at any time as a consequence of changes in legislative, economic and business requirements and/or changes to the technical environment and/or changes in product or service parameters. The procedure for amendments of the Credit Agreement shall be the following: Ferratum shall inform you of the amendments proposed. The amendments shall enter into force immediately upon notification if they are not disadvantageous towards you or if they derive from the applicable law. In other cases, you shall have the right to reject such changes by terminating the Credit Agreement within ten (10) calendar days of being notified of such changes by email or by post. In such a case you shall repay any amounts due in terms of the Credit Agreement within two months from when you send notice of termination. The Credit Agreement shall terminate on the expiry of such two month period. In the meantime, your right to effect drawdowns shall be suspended. If you do not request termination of the Credit Agreement within (10) ten calendar days from being notified of the proposed amendments, you shall be considered to have accepted the proposed changes, in which case such changes shall come into effect within ten (10) calendar days from the date on which you were notified of such proposed changes.
Amendments. Except as set out in (i) Clause 1, letter e), point (ii); (ii) Clause 3, letter b); (iii) or where the content is linked to an internet website which may be unilaterally changed, any amendment to the Agreement must be in writing, signed by both parties, and expressly state that it is amending the Agreement save for Binding Orders.
Amendments. Elavon may make any changes to the Agreement at any time on two (2) months’ notice. You may terminate the Agreement prior to the date the changes come into effect without charge (other than any liabilities that you have or will have to Elavon under the terms of the Agreement). Upon expiry of the two (2) months’ notice period you will be deemed to have agreed to the changes.
Amendments. This Agreement may only be amended by written amendments executed by all Parties.
Amendments. (1) No amendments to these Terms and Conditions shall be valid unless they are executed in a written annex and signed by authorised persons on behalf of each of the Parties. 20.
Amendments. 1. Amendments to this Convention may be proposed by any Member State that is a High Contracting Party. Any proposed amendment shall be sent to the depositary, who shall communicate it to the Council and the Commission.
Amendments. 1. This Agreement may be amended on the basis of mutual written consent of the Parties.
Amendments. 14.1. This Agreement may be changed or supplemented only by specifically designated, written and numbered amendments hereto signed by both parties. 14.2. Should either party hereto submit a proposal to amend this Agreement, the other party shall be obliged to respond to such proposal within 15 days from delivery of such proposal to them. 14.3. The Seller shall be entitled to assign his rights and obligations hereunder to another entity only with a previous approval of the Buyer issued in writing.
Amendments. No provision of this Agreement may be amended, modified or otherwise changed, other than by an instrument in writing duly executed on behalf of the parties to this Agreement.
Amendments. 13.1. The Credit Agreement may be amended at any time as a consequence of changes in legislative, economic and business requirements and/or changes to the technical environment and/or changes in product or service parameters. The procedure for amendments of the Credit Agreement shall be the following: Ferratum shall inform you of the amendments proposed. The amendments shall enter into force immediately upon notification if they are not disadvantageous towards you or if they derive from the applicable law. In other cases, you shall have the right to reject such changes by terminating the Credit Agreement within ten (10) calendar days of being notified of such changes by email or by post. In such a case you shall repay any amounts due in terms of the Credit Agreement within two months from when you send notice of termination. The Credit Agreement shall terminate on the expiry of such two month period. In the meantime, your right to effect drawdowns shall be suspended. If you do not request termination of the Credit Agreement within (10) ten calendar days from being notified of the proposed amendments, you shall be considered to have accepted the proposed changes, in which case such changes shall come into effect within ten (10) calendar days from the date on which you were notified of such proposed changes.
13.2. In the case of amendments to the interest rate, Ferratum shall be entitled to increase the interest rate agreed within the Credit Agreement by a maximum of percentage, by how many the interest rate increased compared to the status up to the day of conclusion of the Credit Agreement (alternatively compared to the status at the day of effectiveness of the last modification of the interest rate under this article) of whichever of the following indicators:
(a) rate 1M PRIBOR (Prague InterBank Offered Rate), alternatively rate 3M PRIBOR declared
(b) by the Czech National Bank (hereinafter referred to as the „CNB“);repo rate declared by the CNB;
(c) lombard rate declared by the CNB;
(d) discount rate declared by the CNB;
(e) required amount of minimum reserves rate declared by the CNB;
(f) yearly inflation rate compared to last calendar year published by the Czech Statistical office; or
(g) other proportional macroeconomic indicator specified within the Agreement.