Permitted Change definition

Permitted Change shall have the meaning attributed to it in Article 11.2;

Permitted Change shall have the meaning specified in paragraph 6J.

Permitted Change means, with respect to any Contract the form of which is attached hereto in Exhibit C, any revisions or modifications to such form that (i) are made by the Originator in the ordinary course of its business consistent with the Credit and Collection Policy, (ii) do not, individually or in the aggregate, materially adversely affect the collectibility of the Cartus Receivables or any Receivables arising under or in connection with any CFC Home Purchase Contract, (iii) do not, individually or in the aggregate, materially alter (in a manner adverse to the Originator or any of its assigns) the reimbursement or indemnification obligations of such Obligor thereunder or the composition of the losses, costs or expenses to which such reimbursement or indemnification obligations pertain, (iv) would not cause such Contract to cease to be an Eligible Contract or the Receivables arising thereunder to cease to be Eligible Receivables and (v) do not violate any of the terms and provisions of this Agreement.

Examples of Permitted Change in a sentence

• Changes to the Final Documents and Drawings which are not identified in a Change Order approved by City, other than Permitted Changes in a Change Order submitted to the City for review in accordance with the foregoing, shall not be deemed a Permitted Change and shall constitute a default hereunder.

• Notwithstanding the involvement of City in the Plan Refinement Process, Developer shall be responsible for insuring that revisions submitted by Developer to, and approved by, City in writing are implemented in the Final Documents and Drawings and any Permitted Change; the failure of which shall be a default hereunder.

• Except for a Permitted Change (as hereinafter defined), no changes, alterations or modifications shall be made to the Site Plan (either prior to or after approval by the City) without the prior written approval of the CRA, which approval shall not be unreasonably withheld, delayed or conditioned; provided, however such approval may be withheld in the CRA’s sole and absolute discretion if the requested change, alteration or modification consists of a Material Change.

• Notwithstanding anything to the contrary set forth herein: (i) Developer shall not be required to obtain the approval of City with respect to a Permitted Change; and (ii) a Change Order with respect to a Permitted Change shall be effective if executed only by Developer.

• The Developer shall provide written notice to the CRA prior to making any Permitted Changes except to the extent such Permitted Change is required in an emergency situation, in which event the Developer shall provide notice to the CRA as soon as reasonable possible thereafter.

More Definitions of Permitted Change

Permitted Change means (i) a change which is required to be made to comply with Applicable Laws, including changes required by the City or other Governmental Authorities during the Development Approvals process; (ii) a change which involves only substituting materials of comparable or better quality; (iii) a change required by the failure of the Construction Documents to satisfy field conditions where the change will not have a material adverse effect on the quality, appearance or function of Project; and (iv) a change which is made to correct inconsistencies in various Construction Documents. The Developer shall provide written notice to the CRA prior to making any Permitted Changes except to the extent such Permitted Change is required in an emergency situation, in which event the Developer shall provide notice to the CRA as soon as reasonable possible thereafter. The approval or deemed approval by the CRA of any Plans and Specifications, site plans, designs or other documents submitted to CRA pursuant to this Agreement shall not constitute a representation or warranty that such comply with all Applicable Laws and/or and procedures of all applicable Governmental Authorities, it being expressly understood that the responsibility therefore shall at all times remain with the Developer.

Permitted Change means (i) a change which is required to be made to comply with applicable governmental requirements; (ii) a change which involves only substituting materials of comparable or better quality; (iii) any change with respect to the interior portions of the Improvements; (iv) a change required by the failure of the Plans to satisfy field conditions where the change will not have a material adverse effect on the quality, appearance or function of such Improvements; and (v) a change which is made to correct inconsistencies in various plans and specifications.

Permitted Change has the meaning set out in Article 10.2;

Permitted Change with respect to any party shall mean any change specifically contemplated by the provisions of this Agreement (without reference to the Bergen Disclosure Schedule or the Cardinal Disclosure Schedule).

Permitted Change means any change to that portion of the Final Documents and Drawings consisting of the final Construction Drawings, so long as such change: (a) does not substantially affect the exterior appearance of the Project or the location, size, or number of parking spaces; (b) is not substantially inconsistent with the Construction Drawings approved by City; (c) is not substantially inconsistent with the Design Development Documents approved by City; and

Permitted Change means the appointment of a person reasonably acceptable to the Executive (which such acceptance shall not be unreasonably withheld or delayed) as Chairman of the Board (i) in connection with any material acquisition, financing or similar transaction which increases the size and scope of the Company’s business or (ii) in order to comply with general corporate governance practices then being followed by companies of similar size and scope.

Permitted Change means (i) minor field changes, (ii) changes required by Governmental Authority, (iii) any other changes that (A) do not materially and adversely affect the building structure, roof, or building service equipment to be constructed as part of the Tenant Improvements, (B) do not materially change the size, cost, configuration, or overall appearance of the Tenant Improvements or Tenant’s ability to operate its business in the Building and (C) will not extend the Scheduled Completion Date of the Tenant Improvements (as set forth in the Tenant Improvement Schedule) beyond the Estimated Term Commencement Date, and (iv) ordinary development of the Approved Plans in a manner not inconsistent with the Approved Plans.