Development of Amendments Clause Samples

The 'Development of Amendments' clause outlines the process by which changes or modifications to an existing agreement can be proposed, drafted, and formally adopted by the parties involved. Typically, this clause specifies who has the authority to suggest amendments, the required procedures for reviewing and approving such changes, and any documentation or notice requirements. By establishing a clear framework for updating the agreement, this clause ensures that all parties have a transparent and agreed-upon method for adapting the contract to evolving circumstances, thereby reducing the risk of disputes over unauthorized or informal changes.
Development of Amendments. Approval and Authorization of Amendments
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Development of Amendments. Within ten (10} calendar days following the Consultant's receipt of LADWP's written request for an Amendment, the Consultant, at its own Los Angeles Department of Water and Power - Stantec Consulting Services Inc. Agreement No. 47439F Professional, Technical, and Engineering Consulting Services expense, shall prepare and deliver to LADWP a detailed written statement regarding the implementation and impact of the Amendment. Upon LADWP's review of the Consultant's written response to the request for an Amendment, LADWP and Consultant shall cooperatively work to develop an Amendment to the Agreement. To that end, informal exchanges between the Consultant and LADWP are encouraged.
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Development of Amendments. Within ten (10) calendar days following the Consultant's receipt of LADWP's written request for an Amendment, the Consultant, at its own expense, shall prepare and deliver; to LADWP a detailed written statement regarding the Implementation and impact of the Amendment, Upon LADWP's review of the Consultant's written response to the request for an Amendment, LADWP and Consultant shall cooperatively work to . develop an Amendment to the Agreement. To that end, informal exchanges between the Consultant and LADWP are encouraged.
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Related to Development of Amendments

  • Execution of Amendments In executing any amendment permitted by this Article V, the Rights Agent shall be entitled to receive, and shall be fully protected in relying upon, an opinion of counsel stating that the execution of such amendment is authorized or permitted by this Agreement. The Rights Agent may, but is not obligated to, enter into any such amendment that affects the Rights Agent’s own rights, privileges, covenants or duties under this Agreement or otherwise.

  • Execution of Amendments, etc Administrative Agent may, but shall have no obligation to, with the concurrence of any Lender, execute amendments, modifications, waivers or consents on behalf of such Lender. Any waiver or consent shall be effective only in the specific instance and for the specific purpose for which it was given. No notice to or demand on any Credit Party in any case shall entitle any Credit Party to any other or further notice or demand in similar or other circumstances. Any amendment, modification, termination, waiver or consent effected in accordance with this Section 10.5 shall be binding upon each Lender at the time outstanding, each future Lender and, if signed by a Credit Party, on such Credit Party.

  • Form of Amendments (a) Promptly after the execution of any amendment, supplement or consent pursuant to Section 8.1 or 8.2, the Owner Trustee shall furnish written notification of the substance of such amendment or consent to each Unaffiliated Certificateholder and the Indenture Trustee. (b) It shall not be necessary for the consent of Certificateholders, the Noteholders or the Owner Trustee pursuant to Section 8.2 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 Unaffiliated Certificateholders provided for in this Agreement or in any other Basic Document) and of evidencing the authorization of the execution thereof by Unaffiliated Certificateholders shall be subject to such reasonable requirements as the Owner Trustee may prescribe. (c) 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. (d) Prior to the execution of any amendment to this Agreement or the Certificate of Trust, the Owner Trustee shall be entitled to receive and conclusively rely upon an Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this Agreement. The Owner Trustee may, but shall not be obligated to, enter into any such amendment which affects the Owner Trustee’s own rights, duties or immunities under this Agreement or otherwise.

  • Effect of Amendments Upon the execution of any amendment under this Article V, this Agreement shall be modified in accordance therewith, such amendment shall form a part of this Agreement for all purposes and every Holder shall be bound thereby.

  • Filing of Amendments 9 (c) Delivery of Registration Statements......................... 9 (d) Delivery of Prospectus...................................... 10 (e) Continued Compliance with Securities Laws................... 10 (f) Blue Sky Qualifications..................................... 10 (g) Rule 158.................................................... 10 (h) Use of Proceeds............................................. 11 (i) Subchapter M................................................ 11 (j) Listing..................................................... 11 (k) Restrictions on Sale of Shares.............................. 11