Amendments to Services Agreements Clause Samples

The "Amendments to Services Agreements" clause defines the process and requirements for making changes to an existing services agreement between parties. Typically, this clause specifies that any modifications, additions, or deletions to the agreement must be made in writing and signed by authorized representatives of both parties. For example, if the scope of services or payment terms need to be updated, the parties must formally document and approve these changes. The core function of this clause is to ensure that all amendments are clearly agreed upon and properly recorded, thereby preventing misunderstandings or disputes about the terms of the agreement.
Amendments to Services Agreements. All changes to a services agreement must be documented and executed in an amendment to the services agreement. Changes include, but are not limited to, changes to price, schedule (including no-cost extensions), and other terms and conditions. The Amendment to Agreement for Services template should be utilized, and all amendments are required to be reviewed and signed by RCUH. Amendments should be executed during the existing period of performance, and the effective date should be on or before the expiration of the existing agreement or previous amendment.
Amendments to Services Agreements. IMS and the Insurance Subsidiaries hereby agree that, effective June 1, 2001 (a) the term of each of the Services Agreements shall be extended to December 1, 2002 and (b) the following service fee schedule shall apply: POLICY PROCESSING --------------------------------------------------------------------------------------------------- LINE OF BUSINESS SERVICE FEE CONSIDERATION --------------------------- -------------- -------------------------------------------------------- Flood 5.5% Based upon direct written premium and 60% of Flood business processed via internet * --------------------------- -------------- -------------------------------------------------------- Homeowners 7% Based upon direct written premium --------------------------- -------------- -------------------------------------------------------- Commercial 3% Based upon direct written premium --------------------------- -------------- -------------------------------------------------------- Auto No Change Once new system created then services fees will be amended, upon mutual agreement, for this Line of Business --------------------------------------------------------------------------------------------------- CLAIMS PROCESSING --------------------------------------------------------------------------------------------------- LINE OF BUSINESS SERVICE FEE CONSIDERATION --------------------------- -------------- -------------------------------------------------------- Flood 3.3% Based upon net claim after deductible --------------------------- -------------- -------------------------------------------------------- All other Claims Service No Change --------------------------------------------------------------------------------------------------- AS 400 USAGE --------------------------------------------------------------------------------------------------- The Insurance Subsidiaries shall pay an aggregate flat fee of Ten Thousand Dollars ($10,000) per month for AS 400 usage --------------------------------------------------------------------------------------------------- DATA AND TECHNICAL SUPPORT --------------------------------------------------------------------------------------------------- IMS will no longer provide data and technical support services to the Insurance Subsidiaries under the Services Agreements. --------------------------------------------------------------------------------------------------- IMS and the Insurance Subsidiaries hereby further agree to act in good fait...

Related to Amendments to Services Agreements

  • Amendments to Agreements The Company shall not amend, modify or otherwise change the Warrant Agreement, Trust Agreement, Registration Rights Agreement, Purchase Agreements, the Services Agreement, or any Insider Letter without the prior written consent of the Representative which will not be unreasonably withheld. Furthermore, the Trust Agreement shall provide that the trustee is required to obtain a joint written instruction signed by both the Company and the Representative with respect to the transfer of the funds held in the Trust Account from the Trust Account, prior to commencing any liquidation of the assets of the Trust Account in connection with the consummation of any Business Combination, and such provision of the Trust Agreement shall not be permitted to be amended without the prior written consent of the Representative.

  • Amendments to Servicing Agreement The Issuer covenants with the Indenture Trustee that it will not enter into any amendment or supplement to the Servicing Agreement without the prior written consent of the Indenture Trustee.

  • Amendments to Agreement This Agreement, or any term thereof, may be changed or waived only by written amendment signed by the party against whom enforcement of such change or waiver is sought. For special cases, the parties hereto may amend such procedures set forth herein as may be appropriate or practical under the circumstances, and Ultimus may conclusively assume that any special procedure which has been approved by the Trust does not conflict with or violate any requirements of its Declaration of Trust or then current prospectuses, or any rule, regulation or requirement of any regulatory body.

  • Amendments to Security Agreement (a) Section 1 of the Security Agreement is hereby amended by adding the following definitions in the appropriate alphabetical order to such Section:

  • Amendments to Documents The Trust shall furnish BISYS written copies of any amendments to, or changes in, any of the items referred to in Section 18 hereof forthwith upon such amendments or changes becoming effective. In addition, the Trust agrees that no amendments will be made to the Prospectuses or Statement of Additional Information of the Trust which might have the effect of changing the procedures employed by BISYS in providing the services agreed to hereunder or which amendment might affect the duties of BISYS hereunder unless the Trust first obtains BISYS' approval of such amendments or changes.