Common use of Amendment and Extension Clause in Contracts

Amendment and Extension. 5.1 This MoU may be amended by mutual consent of the Participants. The Participant wishing to make an amendment will notify the other in writing. Any amendment will take effect when each Participant has notified the other in writing of its consent to the amendment. 5.2 This MoU may extended at any time by mutual written consent of the Participants.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding