Unilateral amendment definition

Unilateral amendment provisions can take different forms, but typically require the payor to provide advanced written notice of the amendment, and allow the provider the option of terminating the contract if it rejects the amendment. Such provisions may also, however, be silent on the provider’s option to terminate the agreement. Rarely does the language allow the provider to reject the amendment without any consequences. The following are typical examples of these provisions: • Payor shall have the right to amend this Agreement by providing ninety (90) days advance written notice to Provider. If Provider objects to the amendment and notifies Payor of its intent to terminate within thirty (30) days of the date of the notice of amendment, the termination will be effective at the end of the ninety (90) day notice period, unless Xxxxx agrees to retract the amendment, in which case the Agreement will remain in full force and effect without the proposed amendment. • Payor may amend this Agreement upon ninety (90) days written notice by sending Provider a copy of the amendment.
Sample 1

Examples of Unilateral amendment in a sentence

  • Unilateral, amendment or modification of the Plan hereunder shall constitute termination of the Plan.

  • Limitation of liability); 12 (Express Termination Clause); 20.5 (Unilateral amendment); 20.6 (Miscellanea - No Assignment); 21 (Governing Law and Jurisdiction) of this Agreement and the Annex C Agile Telecom S.p.A., a company incorporated under the laws of Italy, with registered office at Xxx xxxxx Xxxxxxxx 00 - 00000 Xxxxx (XX), Xxxxx, registered in the Companies’ Register of Modena, VAT number and tax code no.

  • Unilateral amendment of Annex ./1 integrated into the present agreement is admissible where − a new EANCOM® version is being processed by the recipient or an EANCOM® version previously specified in Annex./1 can no longer be processed or − the recipients specified in Annex ./1 change or − the core data boxes specified in Annex ./1 are changed by the recipient.

  • Unilateral amendment of these Bylaws, by the Executive Committee or the Board of Trustees, is prohibited.

  • A ‘material breach’ of a treaty is a repudiation of the treaty not sanctioned by the Law of Treaties or the violation of a provision essential to the accomplishment of the object or purpose of the treaty.78 Unilateral amendment or repeal of the FIA Act would clearly be a material breach of the RAMSI Treaty (as read with related instruments).

  • Unilateral amendment of the General Terms and Conditions of the Consumer Loan Agreement by the Lender The Lender shall notify the Borrower of amendments to the General Terms and Conditions of the Consumer Loan Agreement at least five days prior to the date of entry into force of amendments by posting them on the official website and at the places of receipt of loan applications (offices of the Company).

  • Unilateral amendment by the District pursuant to changes in federal laws will not be prohibited.

  • Unilateral amendment of these bylaws by the Medical Staff, Medical Executive Committee or the governing body is not permitted.

  • Unilateral amendment of Medical Staff Bylaws by the Board of Directors shall be limited to those measures required (1) to achieve compliance with duly empowered regulatory agencies and Federal and State law; or (2) to prevent withdrawal of license or loss of accreditation.

Related to Unilateral amendment

  • General Amendment means an amendment made by XXXXX, from time to time, to these Licence Conditions, on notice to the Licensee.

  • Incremental Amendment has the meaning set forth in Section 2.14(f).

  • Major Amendment means any change which is not a minor amendment.

  • Additional Amendment shall have the meaning provided in Section 2.14(g)(iv).

  • Addendum / Amendment means any written amendment / addendum /corrigendum to this RFP, from time to time issued by NMRC to the prospective bidders

  • ESG Amendment has the meaning specified in Section 2.18.

  • Material Amendment has the meaning provided in Section 9.6.

  • Tariff Amendment means an amendment made by XXXXX, from time to time, to the tariff applicable to this Licence, on notice to the Licensee.

  • L/C Amendment Application means an application form for amendment of outstanding Letters of Credit as shall at any time be in use at the Issuing Bank, as the Issuing Bank shall request.

  • Restricted Amendment means the following: (A) an amendment of Specification 1, (B) except to the extent addressed in Section 2.10 hereof, an amendment that specifies the price charged by Registry Operator to registrars for domain name registrations, (C) an amendment to the definition of Registry Services as set forth in the first paragraph of Section 2.1 of Specification 6, or (D) an amendment to the length of the Term.

  • Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Extension Amendment has the meaning set forth in Section 2.16(d).

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of February 27, 2017, among the Loan Parties, the Administrative Agent and the Lenders party thereto.

  • Corrective Extension Amendment has the meaning specified in Section 2.16(6).

  • Permitted Amendment means, with respect to any Shared-Loss Loan Commitment or Shared-Loss Loan, any amendment, modification, renewal or extension thereof, or any waiver of any term, right, or remedy thereunder, made by the Assuming Bank in good faith and otherwise in accordance with the applicable requirements set forth in Article III of this Commercial Shared-Loss Agreement and the then effective written internal credit policy guidelines of the Assuming Bank; provided, that:

  • Fundamental Amendment means, with respect to each Lender, any amendment, modification, waiver or supplement of or to this Agreement or any Facility Document that would (a) increase or extend the term of the Individual Lender Maximum Funding Amounts or change the Final Maturity Date (other than an increase of the Individual Lender Maximum Funding Amount of a particular Lender or the addition of a new Lender agreed to by the relevant Lender), (b) extend the date fixed for the payment of principal of or interest on any Advance or any fee hereunder, (c) reduce the amount of any such payment of principal, (d) reduce the rate at which Interest is payable thereon or any fee is payable hereunder (other than in connection with the appointment of a benchmark replacement or a pricing grid), (e) release any material portion of the Collateral, except in connection with dispositions permitted hereunder, (f) alter the terms of Section 9.01 or Section 13.01(b), (g) modify the definition of the terms “Majority Lenders,” “Maximum Available Amount,” “Advance Rate,” “Borrowing Base,” “Coverage Test,” “Collateral Quality Test,” “Collateral Loan,” “Eligible Collateral Loan,” “Eligible Country,” “Class 1 Borrowing Base,” “Class 2 Borrowing Base,” “Class 3 Borrowing Base,” “Class 4 Borrowing Base,” “Class 1 Loan,” “Class 2 Loan”, “Class 3 Loan,” or “Class 4 Loan” or any component thereof defined therein (in each case, other than any administrative, non-material amendment agreed to by the Borrower and the Administrative Agent), (h) modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof or (i) extend the Reinvestment Period, in each case to the extent such amendment, modification, waiver or supplement relates to such Lender.

  • Fourth Amendment Effective Date has the meaning assigned to such term in the Fourth Amendment.

  • Sixth Amendment means the Sixth Amendment to Amended and Restated Senior Secured Credit Agreement, dated as of November 5, 2021, by and among Administrative Agent, Collateral Agent, Lenders, the Borrower, Parent and Guarantors.

  • Fifth Amendment means the Fifth Amendment to Fifth Amended and Restated Credit Agreement dated as of August 25, 2016, among the Borrower, the Lenders party thereto, the Administrative Agent and the other Persons party thereto.

  • Fifth Amendment Effective Date shall have the meaning provided in the Fifth Amendment.

  • Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of August 17, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.

  • Incremental Facility Amendment has the meaning specified in Section 2.14(d).

  • Eighth Amendment means the Eighth Amendment to Second Amended and Restated First Lien Credit Agreement dated as of May 23, 2014 among the Borrower, EPL, the Lenders, the Administrative Agent and the other Persons party thereto.

  • Amendment means a written agreement, signed by the Parties, which documents changes to the Contract other than those permitted by Work Orders.

  • Ninth Amendment means the Ninth Amendment to Amended and Restated Senior Secured Credit Agreement, dated as of February 11, 2022, by and among Administrative Agent, Collateral Agent, Lenders, the Borrower, Parent and Guarantors.

  • Tenth Amendment means that certain Tenth Amendment to Credit Agreement, dated as of November 15, 2019, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent and the Lenders party thereto.