Modification of Master Agreement Clause Samples

Modification of Master Agreement. During the term of this Master Agreement, the Parties may continue to cooperate to identify capacity within additional existing and future Infrastructure, and to make that capacity available to each other on a mutually beneficial basis where reasonable. The Parties agree to timely execute updates to the Balance Sheet as necessary to identify additional Infrastructure for which use rights are granted under this Master Agreement. Each update to the Balance Sheet shall: (a) describe with reasonable specificity the Infrastructure that is subject to this Master Agreement and the corresponding use rights granted with respect to such Infrastructure; (b) identify the effective date of the use rights granted; and (c) be subject to the indefeasible right of use granted from the Company to ITD which shall survive the expiration or termination of this Master Agreement and shall be binding upon and shall inure to the benefit of the Parties hereto and to each of their respective successors and assigns. Updates to the Balance Sheet shall be executed by the designated representatives of the Parties. Upon the execution of an updated Balance Sheet, each Party shall append and attach the Updated Balance Sheet to this Master Agreement and such Updated Balance Sheet shall be automatically incorporated into this Master Agreement by this reference and replace and supersede any and all previous Balance Sheets and amendments previously executed by the Parties unless otherwise specifically noted in the updated Balance Sheet.
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Modification of Master Agreement. No waiver, alteration or modification of any of the provisions of this Master Agreement shall be binding unless mutually agreed upon by Duke University, The University of North Carolina Office of the President and each of the sixteen constituent institutions that comprise the University of North Carolina System. Any such changes must be expressed in written amendments to this Master Agreement, and must be signed by the authorized representatives of each of the parties. However, any term or provision of this Master Agreement is subordinate to any conflicting term or provision of an individual Subagreement that is fully executed by the parties to the Subagreement.
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Related to Modification of Master Agreement

  • Modification of Agreement This Agreement may be modified, amended, suspended or terminated, and any terms or conditions may be waived, but only by a written instrument executed by the parties hereto.

  • Term of Master Agreement Section 10.1 is replaced in its entirety, as follows:

  • Modification of Settlement Agreement Any modification to this Settlement Agreement shall be in writing and signed by the Parties.

  • Complete Agreement; Modification of Agreement This Agreement constitutes the complete agreement among the parties hereto with respect to the subject matter hereof, supersedes all prior agreements and understandings relating to the subject matter hereof, and may not be modified, altered or amended except as set forth in Section 8.6.

  • Application to Master Agreement For the avoidance of doubt, Clause 21.5 does not apply in respect of sums due from the Borrower to the Swap Bank under or in connection with the Master Agreement as to which sums the provisions of section 8 (Contractual Currency) of the Master Agreement shall apply.