Modification of Requirements Sample Clauses
The Modification of Requirements clause establishes the process by which the terms, specifications, or obligations within an agreement can be changed after the contract has been executed. Typically, this clause outlines who has the authority to propose or approve modifications, the procedures for documenting changes—such as requiring written consent from both parties—and any limitations on what can be modified. Its core practical function is to provide a clear, agreed-upon method for adapting the contract to evolving circumstances, thereby reducing disputes and ensuring that all parties remain aligned as project needs or external conditions change.
Modification of Requirements. If at any time during the term of this Borrower Loan Agreement, the Governmental Lender, the Funding Lender or the Borrower desires to take any action which would otherwise be prohibited by the terms of this Section 5.35, such Person shall be permitted to take such action if it shall first obtain and provide to the other Persons named herein a Tax Counsel No Adverse Effect Opinion (as defined in the Funding Loan Agreement) with respect to such action.
Modification of Requirements. Upon the issuance of additional or conflicting rules, regulations, or orders of the Secretary of Labor pursuant to section 204 of the Executive Order, the requirements of this Article shall automatically be amended to conform and comply with such changes.
Modification of Requirements. If at any time during the term of this Agreement, the Governmental Lender, the Funding Lender or the Borrower desires to take any action which would otherwise be prohibited by the terms of this Section 5.35, such Person shall be permitted to take such action if it shall first obtain and provide to the other Persons named herein a Tax Counsel No Adverse Effect Opinion with respect to such action.
Modification of Requirements. If at any time during the term of this Agreement, the Issuer, the Trustee or the Company desires to take any action or omit to take any action that would otherwise be prohibited by the terms of this Section, such Person shall be permitted to take such action or omit to take such action if it shall first obtain and provide to the other Persons named herein an opinion of Bond Counsel to the effect that (i) such action or omission shall not adversely affect the exclusion from gross income for federal income tax purposes of interest on the Bonds and (ii) such action or omission otherwise is in compliance with the laws of the State and the terms of the Indenture and this Agreement. The Company will not knowingly take any action, or knowingly omit to take any action, which action or omission will adversely affect the exclusion from gross income of the holders thereof for federal income tax purposes of interest on the Bonds (other than holders who are substantial users of the Project or related persons within the meaning of section 147(a) of the Code), and in the event of such action or omission (whether taken with knowledge or not) will promptly, upon receiving knowledge thereof, take all lawful actions, based on advice of Bond Counsel and at the Company's expense, as may rescind or otherwise negate such action or omission.
Modification of Requirements. Both parties agree that this is a minimum set of training. In the event that either the Employer or the Union believes there is a need to modify this training, to stay up to date with Industry standards, they shall refer the potential modifications to the L/M Committee, as outlined in Article 10 of this Agreement. This form can be used to instruct your Employer to start or change the amount of or stop pre-tax salary or wage deferrals on your behalf to the Western Washington Painters Defined Contribution Pension Trust (the “Plan”). Under the Plan, you can change your election as of March 1st or October 1st of each year to increase or decrease the amount deferred. You can terminate your election at any time. Please provide your completed election form to your Employer so they can update their payroll information. Also please send a copy to the Trust Office via the address, fax or email below. Please be sure to retain a copy for your records.
Modification of Requirements. These insurance amounts and requirements may be adjusted or increased as LESSOR deems reasonably necessary, or as may be required because of changes in the insurance requirements imposed by the LESSOR’s insurer or by applicable law. LESSEE shall comply with such adjustments or increases within such reasonable time period as is requested by the LESSOR.
Modification of Requirements. The City may adjust or increase liability insurance amounts and requirements as the City deems reasonably necessary, or as may be required because of changes in the insurance requirements imposed by City’s insurer or by applicable law. Tenant shall comply with such adjustments or increases within ninety (90) days from receipt of the City’s written request .
Modification of Requirements. Although the security and confidentiality requirements specified herein are minimum standards intended to facilitate the protection of Humana Confidential Information, it remains GPA's responsibility to take any additional measures and precautions necessary to ensure that Humana Confidential Information is protected from unauthorized disclosure and use.
Modification of Requirements. If at any time during the term of this Agreement, the Lender, the Bondowner Representative, the Trustee or the Borrower desires to take any action which would otherwise be prohibited by the terms of this Section 5.30, such Person shall be permitted to take such action if it shall first obtain and provide to the other Persons named herein an opinion of Bond Counsel to the effect that taking such action will not, in and of itself, adversely affect the exclusion from gross income of the holders thereof of the interest on the Bonds for federal income tax purposes.
Modification of Requirements. Reseller acknowledges that the EUA is subject to FDA review and oversight and may be changed by the FDA at the FDA’s discretion. Reseller agrees that,
a. In the event the FDA modifies the terms of the EUA, this Agreement shall be automatically and without further action by either party amended to reflect the then current terms of the EUA; and
b. Reseller shall modify its descriptive matter, advertising, and promotional materials (including online) for the Products to comply with any changes in the EUA requirements issued by the FDA,
c. Reseller shall comply with any newly imposed terms or conditions set forth by the FDA in the modified EUA with respect to the Products.