AMENDMENTS TO THIS DEED Sample Clauses
The "Amendments to This Deed" clause sets out the requirements and procedures for making changes to the deed after it has been executed. Typically, this clause stipulates that any modifications must be made in writing and signed by all parties involved, ensuring that informal or verbal changes are not legally binding. Its core function is to maintain the integrity and certainty of the agreement by providing a clear, agreed-upon process for altering its terms, thereby preventing disputes over unauthorized or ambiguous amendments.
AMENDMENTS TO THIS DEED. Waivers, consents or amendments to or in relation to this Deed not materially affecting the rights or obligations of a party to this Deed may be agreed by Facility Agent and the Principal Borrower.
AMENDMENTS TO THIS DEED. 27.1. This deed may be amended from time to time by the directors and the trustees, but –
27.1.1. the terms or conditions of allotment of any scheme or capitalisation shares or of any offer may not be altered without such consent on the part of the beneficiaries concerned (treated as a separate class);
27.1.2. no amendment in respect of the following matters shall operate unless such amendment has received the approval of the company in general meeting –
27.1.2.1. the persons who may become participants under the scheme;
27.1.2.2. the voting, distribution, transfer and other rights (including those arising on the liquidation of the company) attaching to scheme shares;
27.1.2.3. the total number of the securities which may be utilised for purposes of the scheme;
27.1.2.4. a fixed maximum entitlement for any one participant;
27.1.2.5. the basis for determining the purchase or subscription price of scheme shares which shall be a fixed mechanism for all beneficiaries under the scheme;
27.1.2.6. the amount, if any, payable on application or acceptance;
27.1.2.7. the period in which payments, or loans to provide the same, may be paid or after which payments or loans to provide the same, must be paid;
27.1.2.8. the terms of any loan; and
27.1.2.9. the procedure to be adopted on termination of employment or retirement of a participant.
27.2. Notwithstanding the provisions of clause 27.1, if it should become necessary or desirable by reason of the enactment of any new Act or regulation at any time after the signing of this trust deed, to amend the provisions of this trust deed so as to preserve the substance of the provisions contained in this trust deed but to amend the form so as to achieve the objectives embodied in this trust deed in the best manner having regard to such new legislation and without prejudice to the beneficiaries concerned, then the directors and trustees may amend this trust deed accordingly.
AMENDMENTS TO THIS DEED. The SVCs and [.] shall at any time concur with P&O Princess and Carnival in making any modifications to the provisions of this Deed which:
(a) are formal or technical amendments and which Carnival and P&O Princess notify are not materially prejudicial to the interests of either Carnival or P&O Princess shareholders;
(b) are necessary to correct manifest errors in this Deed or inconsistencies between provisions of this Deed or between provisions of this Deed and the Equalization Agreement; or
(c) have previously been approved as a Class Rights Action, provided in each case that if such modification affects (including increasing or reducing respectively) the obligations or rights of the SVCs and/or [.] under this Deed or any provision affecting the performance by Carnival SVC, P&O Princess SVC and/or [.] of its obligations under this Deed, such modification shall require the consent of the SVCs and/or [.], such consent not to unreasonably withheld or delayed.
AMENDMENTS TO THIS DEED. This Deed may be amended only by an instrument in writing signed by all of the Parties.
AMENDMENTS TO THIS DEED. An amendment to this Deed will only be effective if it is in writing and signed by each party.
AMENDMENTS TO THIS DEED. The parties hereto may, by written agreement, alter the provisions of this deed.
AMENDMENTS TO THIS DEED. 11.5.1 The Trustees undertake that no amendments, variations or additions may be made to this Deed without the affirmative vote of at least two-thirds of the Trustees (or such number of Trustees as is nearest to two-thirds) and the prior written consent of the Donor; provided, however, that if the Donor ceases to exist for whatever reason, the Deed may be amended with the affirmative vote of at least two-thirds of the Trustees (or such number of Trustees as is nearest to two-thirds).
11.5.2 In the event of an amendment to this Trust Deed, a copy of the amendment shall forthwith be submitted to the Master of the High Court and to the Commissioner.