Amendments of the Clause Samples

The "Amendments of the" clause establishes the process by which changes or modifications can be made to an existing agreement or contract. Typically, this clause outlines the requirements for making amendments, such as needing written consent from all parties involved or specifying the formal procedures to be followed. Its core practical function is to ensure that any alterations to the original terms are agreed upon transparently and documented properly, thereby preventing misunderstandings or disputes about unauthorized changes.
Amendments of the. Subsidy Contract and other project changes 1. The LP has to request the modification of the Subsidy Contract in case of substantial changes in the project, which are the followings: a) changes in the partnership; b) substantial changes in the content of the project (e.g. modification/ deletion of activities content; modification of the content, scope of outputs; modification of project objectives etc.); c) budget reallocation between PPs not related to changes in the partnership; d) prolongation of the project duration. 2. Further detailed rules describing each case of the modification of the Subsidy Contract included in Article 10(1), as well as other project changes not listed above not requiring amendment of the Subsidy Contract are set in the Implementation Manual. 3. Any request for modification of the Subsidy Contract described in Article 10(1) has to be justified and submitted by the LP to the MA/JS immediately when such need for the above-mentioned amendments occurs, as regulated in the Implementation Manual. The MA/JS will review the request of modification. The MA/▇▇ decides on the modification requested according to the rules laid down in the Implementation Manual. The project modification process will be completed through the Programme electronic monitoring system. 4. The last request for modification of the Subsidy Contract shall be submitted not later than three months before the end date of the project. 5. The LP can request amendment of the spending forecasts set in Article 5(4) only in relation to substantial changes in the project (as referred in Article 10(1)) affecting the project budget, otherwise amendment of the spending forecast cannot be requested. 6. In the event of decommitment/reduction of the project budget based on an MC or MA/JS decision (in accordance with Article 14(1)), the amendment of the Subsidy Contract will be initiated by the MA/JS.
Amendments of the. Subsidy Contract and other project changes 1. The LP has to request the modification of the Subsidy Contract in case of substantial changes in the project, which are the followings: a) changes in the partnership; b) substantial changes in the content of the project; c) budget reallocation between project partners; d) budget reallocation between budget lines and/or workpackages exceeding 10% of the total project budget (as referred to in Article 1.1.); e) prolongation of the project duration. 2. Budget reallocation between project partners not connected to partnership changes, budget reallocation exceeding the 10% reallocation limit, and prolongation of the project duration can be requested only once during the project period and only in an exceptional case modification of these types of changes can be allowed by the MA / MC once more. Further detailed rules describing each case of Subsdidy Contract modification are set in the SEE Implementation Manual. 3. Any request for modification of the Subsidy Contract has to be justified and submitted by the LP to the JTS in a written form, as regulated in the SEE Implementation Manual. The JTS will review the request of modification and submit it for decision to the MA or the Monitoring Committee according to the type of the modification requested. The Addendum to the Subsidy Contract has to be signed by both Parties according to the approval of the MA/Monitoring Committee. 4. The last request for modification of the Subsidy Contract shall be submitted two months before the end date of the project. 5. Other changes in the project than listed in point 1. will not require Subsidy Contract modification, but the LP has to notify the JTS in each case at the latest through the Progress Reports, except the change of the separate bank account, which has to be notified as given in Article 5.6 of this contract. The JTS will verify that the project change does not fall under cases regulated in Article 8.1 and will inform the LP without any delay if it requires Subsidy Contract modification. 6. The LP can request amendment of the spending forecasts set in Article 4.12., only in relation to substantial changes in the project (as referred in Article 8.1.), affecting the project budget.
Amendments of the. Reference to the Jurisdiction of the Company....... 2

Related to Amendments of the

  • Amendments of the Agreement This Agreement may be amended by a writing signed by both parties hereto, provided that no amendment to this Agreement shall be effective until approved (i) by the vote of a majority of those Trustees of the Trust who are not interested persons of the Adviser or the Trust cast in person at a meeting called for the purpose of voting on such approval, and (ii) by vote of a majority of the outstanding voting securities of the Trust.

  • Supplements and Amendments (a) This Agreement may be amended by the Depositor and the Owner Trustee, and with prior written notice by the Depositor to the Rating Agencies, without the consent of any of the Indenture Trustee, the Noteholders or the Holding Trust Certificateholder, (i) to cure any ambiguity or to conform this Agreement to the Prospectus; provided, however, that the Owner Trustee and the Indenture Trustee will be entitled to receive and rely upon an Opinion of Counsel described in the penultimate paragraph of Section 10.1(b) in connection with such amendment or (ii) to correct or supplement any provisions in this Agreement, to comply with any changes in the Code or to make any other provisions with respect to matters or questions arising under this Agreement which shall not be inconsistent with the provisions of this Agreement; provided, however, that (A) such action shall not, as evidenced by an Opinion of Counsel delivered to the Owner Trustee and the Indenture Trustee, adversely affect in any material respect the interests of any Noteholder or the Holding Trust Certificateholder, or (B) the Rating Agency Condition shall have been satisfied with respect to such amendment and the Servicer shall have notified the Indenture Trustee and the Owner Trustee in writing that the Rating Agency Condition has been satisfied with respect to such amendment. (b) This Agreement may also be amended from time to time by the Depositor and the Owner Trustee, with prior written notice by the Depositor to the Rating Agencies, without the consent of the Indenture Trustee, and to the extent such amendment materially and adversely affects the interests of the Noteholders, with the consent of the Noteholders evidencing not less than a majority of the Outstanding Amount of the Notes and the consent of the Holder of the Holding Trust Certificate (which consent of the Holder of the Holding Trust Certificate or a Note given pursuant to this Section or pursuant to any other provision of this Agreement shall be conclusive and binding on the Holder) for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement or of modifying in any manner the rights of the Noteholders or the Holding Trust Certificateholder; provided, however, to the extent not otherwise permitted by Section 10.1(a), no such amendment shall (A) increase or reduce in any manner the amount or priority of, or accelerate or delay the timing of, collections of payments on Receivables or distributions that shall be required to be made for the benefit of the Noteholders or the Holding Trust Certificateholder or (B) reduce the aforesaid percentage of the Outstanding Amount of the Notes and the percentage of Holding Trust Certificate required to consent to any such amendment, without the consent of the holders of all the outstanding Notes of each class affected thereby and the Holder of the Holding Trust Certificateholder. Promptly after the execution of any such amendment or consent, the Owner Trustee shall furnish written notification of the substance of such amendment or consent to the Holding Trust Certificateholder, the Indenture Trustee and the Depositor (who shall send such notification to each of the Rating Agencies). It shall not be necessary for the consent of the Holding Trust Certificateholder or the Noteholders pursuant to this Section to approve the particular form of any proposed amendment or consent, but it shall be sufficient if such consent shall approve the substance thereof. The manner of obtaining such consents (and any other consents of the Holding Trust Certificateholder provided for in this Agreement or in any other Basic Document) and of evidencing the authorization of the execution thereof by the Holding Trust Certificateholder shall be subject to such reasonable requirements as the Owner Trustee may prescribe. Promptly after the execution of any amendment to the Certificate of Trust, the Owner Trustee shall cause the filing of such amendment with the Secretary of State. Prior to the execution of any amendment to this Agreement or the Certificate of Trust, the Owner Trustee shall be entitled to receive and rely upon an Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this Agreement and that all conditions precedent provided for in this Agreement, if any, to the execution and delivery of such amendment have been satisfied. The Owner Trustee may, but shall not be obligated to, execute any amendment to this Agreement or the Basic Documents which affects the Owner Trustee’s own rights, duties or immunities. No amendment pursuant to this Section 10.1 shall be effective which affects the rights, protections or duties of the Holding Trust Certificate Registrar or the Holding Trust Certificate Paying Agent without the prior written consent of such Person (which consent shall not be unreasonably withheld or delayed). The Depositor shall (i) obtain all such consents or (ii) certify that no such consent is required, upon which, in either case, the Owner Trustee may conclusively rely.

  • Amendments, Supplements and Waivers The Company and the Trustee may amend or supplement the Indenture or the Notes or waive compliance with any provision of the Indenture or the Notes in the manner, and subject to the terms, set forth in Section 7.05 and Article 8 of the Indenture.

  • Amendments, Etc No amendment or waiver of any provision of this Agreement or the Note, nor consent to any departure by the Borrower therefrom, shall in any event be effective unless the same shall be in writing and signed by the Lender, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.

  • Amendments and Supplements The Company shall prepare and file with the Commission such amendments, including post-effective amendments, and supplements to such Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and in compliance with the provisions of the Securities Act until all Registrable Securities and other securities covered by such Registration Statement have been disposed of in accordance with the intended method(s) of distribution set forth in such Registration Statement or such securities have been withdrawn.