MODIFICATION OF CONTRACT definition

MODIFICATION OF CONTRACT means changing the start and end dates of a contract from the published dates for that term. The number of working days shall remain unchanged. The number of paid days may change due to the number of holidays within the modified term.
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MODIFICATION OF CONTRACT. This Contract may be modified by us in order to maintain compliance with state and federal law. This Contract may be changed or altered only by our President or our Secretary. A change or alteration will be made in writing.
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MODIFICATION OF CONTRACT. This Contract may not be modified by us without your consent except as may be required by applicable law.
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More Definitions of MODIFICATION OF CONTRACT

MODIFICATION OF CONTRACT. This Contract may not be modified by us without your consent except as may be required by applicable law. NON-PARTICIPATION IN SURPLUS - This Contract does not share in any distribution of our profits or surplus.
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MODIFICATION OF CONTRACT. We may modify this contract in order to maintain compliance with state and federal law. This contract may be changed or altered only by our President or our Secretary. A change or alteration must be made in writing. INCOME DATE The Income Date must fall on the first day of the calendar month. The earliest Income Date that you can select is 13 months after the Issue Date. The latest Income Date we allow is the first day of the first calendar month following the Annuitant's 90th birthday. The Income Date will not be later than what is permitted by applicable state or federal law. You have the right to select the Income Date at contract issue. Unless you select a different Income Date, the Income Date shown on the Contract Schedule is the latest Income Date allowed for your contract. In order for Annuity Payments to begin, you must make an Authorized Request. You can make an Authorized Request for a different Income Date after the Issue Date. L40529-NY01 15 -------------------------------------------------------------------------------- GENERAL PROVISIONS (CONTINUED) -------------------------------------------------------------------------------- TAXES Taxes paid to any governmental entity will result in an amount equivalent to the tax being charged against the Contract Value. We will, in our sole discretion, determine whether taxes have resulted from the investment experience of the Variable Account, our receipt of the Purchase Payment(s), or commencement of Annuity Payments. We may, at our discretion, pay taxes when due and deduct that amount from the Contract Value at a later date. This will not waive any right we may have to deduct previously paid amounts at a later date. We reserve the right to establish a provision for federal income taxes if we determine, in our sole discretion, that we will incur such tax as a result of the operation of the Variable Account. We will deduct for any income taxes incurred as a result of the operation of the Variable Account whether or not there was a provision for taxes and whether or not it was sufficient. We will deduct any withholding taxes from any payment we make, as required by applicable law. PROTECTION OF PROCEEDS No Beneficiary may commute, encumber, alienate or assign any payment under this contract before it is due. To the extent permitted by law, no payment will be subject to the debts, contracts or engagements of any Beneficiary or to any judicial process to levy upon or attach the same for payment thereof. ...
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MODIFICATION OF CONTRACT. This Contract may not be modified by us without your consent except as may be required by applicable law. --------------------------------------------------------------------------------------------------------------------------------- Guaranteed Monthly Payments Per $1,000 of Proceeds --------------------------------------------------------------------------------------------------------------------------------- Fixed Payouts --------------------------------------------------------------------------------------------------------------------------------- Age of Annuitant Option 2 --------------------------------------------------------------------------------------------- Nearest Birthday Option 1 5 Years 10 Years 15 Years 20 Years Option 5 When First Payment Minimum Minimum Minimum Minimum --------------------------------------------------------------------------------------------- Is Made M F M F M F M F M F M F --------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------
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Related to MODIFICATION OF CONTRACT

  • Cross-Series Modification means a modification involving (i) the Bonds or any agreement governing the issuance or administration of the Bonds, and (ii) the debt securities of one or more other series or any agreement governing the issuance or administration of such other debt securities.

  • Modification Agreement means a written order to the Contractor, signed by the City, authorizing an addition, deletion, or revision of the Services or an adjustment in the Contract Price issued after execution of the Agreement.

  • Supplemental contract means a written agreement entered into for the distribution of proceeds under a life, health, or annuity policy or contract.

  • Permit modification means a revision to a Title V operating permit that cannot be accomplished under the provisions for administrative permit amendments found at rule 567—22.111(455B). A permit modification for purposes of the acid rain portion of the permit shall be governed by the regulations pertaining to acid rain found at rules 567—22.120(455B) to 567—22.147(455B). This definition of “permit modification” shall be used solely for purposes of this chapter governing Title V operating permits.

  • Substantial modification means modification of a relevant source that results in a significant increase in emissions, excluding any change in emissions resulting from by-product recovery. It shall be a matter for the Party to decide whether a modification is substantial or not;

  • Basic Terms Modification means any proposal:

  • Contract Modification means any changes in the terms or provisions of the Contract which are reduced to writing and fully executed by both parties.

  • Minor modification means a modification that does not significantly alter the nongovernmental function or purpose of the software or is of the type customarily provided in the commercial marketplace.

  • Conditions of Contract means those statements contained in or delivered with your Ticket/s or Itinerary/Receipt, identified as such and which incorporate by reference, these Conditions of Carriage and notices.

  • Construction Agreement means the proposed building agreement between the Company and a proposed builder substantially in the form of the draft agreement a copy of which has been signed on behalf of the Authority and the Company for the purposes of identification;

  • Supplemental Agreement Any supplemental agreement entered into pursuant to Article IX hereof.

  • Loan Modification Agreement means a Loan Modification Agreement, in form reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Accepting Lenders, effecting one or more Permitted Amendments and such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.24.

  • Special Conditions of Contract means the pages completed by the Procuring Entity entitled Special Conditions of Contract which constitute Part A of the Special Conditions.

  • General Conditions of Contract means the ‘Instructions to Tenderers’ and ‘General Conditions of Contract’ pertaining to the work for which above tenders have been called for.

  • Material Modification means any modification to an Interconnection Request that has a material adverse effect on the cost or timing of Interconnection Studies related to, or any Network Upgrades or Local Upgrades needed to accommodate, any Interconnection Request with a later Queue Position.

  • Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.

  • Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.

  • Amendment No. 5 Effective Date has the meaning set forth in Amendment No. 5.

  • Amendment No. 8 means that certain Amendment No. 8, dated as of the Amendment No. 8 Effective Date, by and among the Borrower, the Administrative Agent and the Lenders party thereto, and acknowledged and agreed by the Guarantors.

  • Amendment No. 6 Effective Date has the meaning set forth in Amendment No. 6.

  • Modification means (i) a change to the delivered source code or metadata; or (ii) any development, other than a change to the delivered source code or metadata, that customizes, enhances, or changes existing functionality of the Software including, but not limited to, the creation of any new application program interfaces, alternative user interfaces or the extension of SAP data structures; or (iii) any other change to the Software (other than an Add-on) utilizing or incorporating any SAP Materials (defined below).

  • Amendment No. 1 means Amendment No. 1 to Credit Agreement dated as of October 25, 2016, by and among the Loan Parties, the Administrative Agent and the Lenders party thereto.

  • Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.

  • Amendment No. 8 Effective Date has the meaning assigned to such term in Amendment No. 8.

  • GENERAL AND SPECIAL CONDITIONS OF CONTRACT means the instructions to Tenderer and General and special conditions of contract pertaining to the work for which above tenders have been called for.

  • Amendment No. 7 means the Seventh Amendment to Amended and Restated Credit Agreement, dated as of March 28, 2019, among Borrower, each of the Lenders party thereto and the Administrative Agent.