Amendment and Termination of this Agreement Sample Clauses

The "Amendment and Termination of This Agreement" clause defines the procedures and conditions under which the contract can be changed or ended by the parties involved. Typically, this clause outlines the requirements for making amendments, such as needing written consent from all parties, and specifies how and when the agreement may be terminated, for example, by providing notice or upon the occurrence of certain events. Its core function is to ensure that any modifications or the ending of the agreement are handled in an orderly and mutually agreed-upon manner, thereby reducing the risk of disputes and providing clarity on the process.
Amendment and Termination of this Agreement. If a party is in material breach of this Agreement (including but not limited to violating its obligations under Clauses 3 and 4 of this Agreement) and fails to make any remedy for its breach within 30 days of the receipt of a notice from the other party as to the occurrence and existence of such breach, the non-defaulting party may serve the defaulting party a written notice to terminate this Agreement immediately, provided that such termination will not have any prejudice to any right or relief to which the party who demands for termination of this Agreement is entitled under the law or otherwise.
Amendment and Termination of this Agreement. 5.1 This Agreement shall come into force at the date of this Agreement and shall continue until it is terminated by DP Administration Limited, the Trustees or the Principal Employer on giving written notice to the other parties in accordance with the terms of this Agreement. 5.2 The terms and conditions of this Agreement may be amended by DP Administration Limited, the Trustees or the Principal Employer at any time provided that any such amendment is made in writing and is signed by DP Administration Limited, the Trustees and the Principal Employer. Such amendments may include (but are not limited to) the appointment or removal of a Trustee from time to time. 5.3 If the Scheme is to be wound up for any reason this Agreement will terminate automatically on completion of that winding up. 5.4 Termination of this Agreement for any reason shall be without prejudice to any accrued rights, existing commitments or any contractual provision intended to survive termination, including the Fees accrued and due to DP Administration Limited. 5.5 If this Agreement is terminated, each of the parties shall provide all reasonable assistance to the others to facilitate the orderly transfer of all relevant documentation to new administrators or other advisers in accordance with the instructions of the Trustees or the
Amendment and Termination of this Agreement. This agreement will be effective from the date of signature for an initial period of five years. Thereafter, it shall be automatically extended indefinitely, subject to revision or modification by mutual consent.
Amendment and Termination of this Agreement. A. Any Signatory to this Agreement may request that it be amended, whereupon the BLM will consult with the Signatories to consider such amendment. All Consulting Parties will be provided a 30-day review and comment period for all proposed amendments to this Agreement. A resultant amendment will be effective on the date a copy is signed by all of the Signatories. B. If any Signatory to this Agreement determines that the terms are not being or cannot be carried out, that Signatory shall immediately consult with the other Signatories to attempt to develop an amendment per Stipulation X.A. above. If within ninety (90) days an amendment cannot be developed or agreed upon, any Signatory may terminate the Agreement upon written notification to the other Signatories. The BLM will seek comments from the Consulting Parties on the proposed termination during the 90-day notice period. C. Once the Agreement is terminated, and prior to work continuing on the Undertaking, the BLM must complete one of the following: i. Execute a Memorandum of Agreement pursuant to 36 CFR 800.6 or Programmatic Agreement pursuant to 36 CFR 800.14(b), or ii. Request, take into account, and respond to the comments of the ACHP pursuant to 36 CFR 800.
Amendment and Termination of this Agreement. The Site Administration reserves the right to modify the terms of this Agreement at any time. At the same time, the User undertakes to promptly and regularly get acquainted with the current changes in the conditions, in particular, when notifying of such changes through internal distribution on the Site.
Amendment and Termination of this Agreement. 5.1 This Agreement shall become effective when executed by both parties and shall continue in effect for a period of twenty (20) years. This Agreement is effective from July 1, 2019 and shall continue through June 30, 2039. 5.2 On or before June 30, 2029, the parties will consider the extension of this Agreement beyond June 30, 2039. 5.3 Either party may terminate this Agreement on June 30th of any year, by said party giving written notice of termination to the other party at least one year prior to the effective date of termination, as per Connecticut General Statues 10-158a. 5.4 Any penalty which may be imposed upon the parties by the State of Connecticut, the State Board of Education, or other lawful authority for early termination of this Agreement shall be paid by the party which terminated the Agreement. 5.5 If State-mandated enrollment of students from outside the Towns of Salem and East Lyme prevents the attendance of all eligible Salem and East Lyme students, or if State- mandated programs prevent Salem from fulfilling its minimum enrollment obligations, this Agreement, including the payment schedules, will be reviewed and adjusted equitably so as to maintain the integrity of as much of this Agreement as is possible. 5.6 After the termination of this Agreement, whether by action of a party or by lapse of time, the Reconciliation Amount determined under section 4.7 shall be paid in monthly installments beginning in September of the school year in which the payment is due. 5.7 The Agreement may need to be modified according to changes in state and federal laws. 5.8 The Agreement may be amended and/or extended only by written agreement between the ELBOE and the SBOE. 5.9 During, or in preparation for the commencement of the Agreement, should any capital projects, such as building renovations, additions, or construction, be necessary for the execution of the terms of this Agreement, The ELBOE shall notify the SBOE of the need for such project to execute the Agreement and shall initiate a request to call the Committee together to discuss the need. Following the Committee’s review of the project, The SBOE shall discuss the request for said project and respond in a timely fashion to the ELBOE notification with one of the following: a. A statement that the project is necessary to fulfill the Agreement and a willingness to pay for a proportional share of the cost of said project, which shall be in addition to its other financial commitments, as specified i...
Amendment and Termination of this Agreement. This Agreement may be amended or terminated in whole or in part by the Committee or the Board, in its sole discretion, but no such action shall adversely affect or alter any right or obligation existing prior to such amendment or termination.
Amendment and Termination of this Agreement. This Agreement may be amended or terminated upon the occurrence of the following, provided that any amendment or termination agreement shall be executed by both Parties: 1. This Agreement cannot be performed due to force majeure event or other reasons that are beyond the control of non-defaulting parties; 2. Either party is no longer able to perform this Agreement; 3. The interest of one Party is materially affected due to the other party’s default, making the performance of this Agreement become unnecessary; 4. Due to any change of circumstances, both Parties agree to amend or terminate this Agreement.
Amendment and Termination of this Agreement. Except as otherwise provided in this document, this Agreement may be amended at any time and in any particular manner by a written instrument signed by all parties. This Agreement terminates: on the written agreement of all parties; on the dissolution, bankruptcy, or insolvency of the Company; with respect to any two or more Members, upon the death of the Members simultaneously, or upon the death of the first to die if the Members die within 10 days of each other; on the sale of all of a Member’s Membership Interests under this Agreement, but only with respect to the selling Member and except to the extent that this Agreement governs the terms and conditions of the sale; or when all of the Membership Interests in the Company is owned by one person or entity, except to the extent that this Agreement governs the terms and conditions of any sale occurring prior to that time.
Amendment and Termination of this Agreement. The Bank may vary some of the Terms by posting changes on the Bank’s website or the Mobile Application. Once the Bank has given the Customer notices of the proposed changes, if the Customer does not inform the Bank in writing that the Customer objects to the changes before the date on which they are due to come into effect, then the Customer will be deemed to have accepted them and they will take effect on the date indicated. If the Limitation of Liability While the Bank will endeavour to comply with the Customer’s Instructions as quickly as possible, there may be circumstances in which the Bank is unable to do so. Therefore, the Bank always reserves the right to refuse to accept the Customer’s Instructions and to do so without giving the Customer any reasons and without any liability to the Customer for any resulting loss or damages incurred by the Customer or any other party. The Customer acknowledges and agrees that the Bank shall be conclusively deemed to have acted in good faith and to have exercised reasonable care if the Bank has followed the procedures under this Agreement, and that Bank shall not be liable to the Customer or any third party for any loss, damage, claim or compensation (including loss of profit or loss of use) resulting from the Bank’s execution of, or failure to execute, any transfer in accordance with the Instructions from the Customer. The Customer acknowledges that delays in the transmission and receipt of payments may occur. In particular, the Customer acknowledges that the Bank operates an online platform that could be subject to technical or other problems. The nature and duration of the problems may be beyond the Bank’s control. The Services also involves the use of intermediaries who are outside of the Bank’s control. Accordingly, while the Bank uses commercially reasonable efforts to ensure the timely transmission of funds, the Bank cannot guarantee that transfers of funds will always be made on time. The Customer acknowledges and agrees that the Bank will not be liable to the Customer for any loss suffered by the Customer or any other person as a result of any delays in the transmission of funds or any other breach of the Bank’s obligations under this Agreement. The Bank shall not be responsible for any damages, costs or expenses incurred by the Customer in connection with, either directly or indirectly, exchange control or other restrictions or measures which may be imposed by the laws and regulations of the country of t...