Amendment of the Price Agreement Clause Samples
Amendment of the Price Agreement. Any material change(s) to the provisions of this Price Agreement shall be in the form of an Amendment. A “material change” means a change that increases risk to the City, or that increases the cost of the Price Agreement to exceed the Price Agreement Price. Amendments must be in writing, must be approved as to form by the City Attorney, and must be executed in writing by authorized representatives of the Parties. Any proposed material amendment to this Price Agreement that does not meet the requirements of this section will be deemed null, void, invalid, non-binding, and of no legal force or effect. “Material Amendment” does not mean a Minor Amendment as described in (b) below and does not mean an administrative change which the City may effect unilaterally. An administrative change means a written Price Agreement change that does not affect the substantive rights of the Parties.
Amendment of the Price Agreement. (06/19) Any changes to the provisions of this Price Agreement shall be in the form of an Amendment. No provision of this Price Agreement may be amended unless such Amendment is approved as to form by the City Attorney and executed in writing by authorized representatives of the Parties. If the requirements for Amendment of this Price Agreement as described in this section are not satisfied in full, then such Amendments automatically will be deemed null, void, invalid, non-binding, and of no legal force or effect. The Director of the Bureau of Environmental Services, or the Director’s Designee, is authorized to execute amendments to the agreement to the extent authorized by Council.
Amendment of the Price Agreement. (06/19) Any changes to the provisions of this Price Agreement shall be in the form of an Amendment. No provision of this Price Agreement may be amended unless such Amendment is approved as to form by the City Attorney and executed in writing by authorized representatives of the Parties. If the requirements for Amendment of this Price Agreement as described in this section are not satisfied in full, then such Amendments automatically will be deemed null, void, invalid, non-binding, and of no legal force or effect. The City reserves the right to make administrative changes to the Price Agreement unilaterally, such as extending option years and increasing compensation. An administrative change means a written Price Agreement change that does not affect the substantive rights of the Parties.