NOTICE OF CHANGE IN TERMS Sample Clauses

The "Notice of Change in Terms" clause requires one party, typically the issuer of a contract or agreement, to formally notify the other party when there are modifications to the terms and conditions of the agreement. This notice is usually provided in writing and may specify a minimum advance period before the changes take effect, such as 30 days. For example, a bank may use this clause to inform customers about updates to interest rates or fees. The core function of this clause is to ensure transparency and give affected parties adequate time to review, accept, or respond to the new terms, thereby preventing disputes and promoting fairness in contractual relationships.
NOTICE OF CHANGE IN TERMS. The Plan Administrator, within the time prescribed by ERISA and the applicable regulations, must furnish all Participants and Beneficiaries a summary description of any material amendment to the Plan or notice of discontinuance of the Plan and all other information required by ERISA to be furnished without charge.
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NOTICE OF CHANGE IN TERMS. The Plan Administrator, within a reasonable time, shall furnish all Participants and Beneficiaries a summary description of any material amendment to the Plan.
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NOTICE OF CHANGE IN TERMS. The Plan Administrator shall furnish all Participants and Beneficiaries a summary description of any material amendment to the Plan or notice of discontinuance of the Plan and all other information required herein to be furnished without charge.
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NOTICE OF CHANGE IN TERMS. 8.07 Litigation Against the Trust . . . . . . . . . . . . . . . 8.08
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Related to NOTICE OF CHANGE IN TERMS

  • Notice of Change of Control Each occasion that any Change of Control shall occur and such notice shall set forth in reasonable detail the particulars of each such occasion.

  • Notice of Change in Control The Company will, within five Business Days after any Responsible Officer has knowledge of the occurrence of any Change in Control, give written notice of such Change in Control to each holder of Notes. Such notice shall contain and constitute an offer to prepay Notes as described in subparagraph (b) of this Section 8.8 and shall be accompanied by the certificate described in subparagraph (e) of this Section 8.8.

  • Notice of Changes If a Party makes a change in its network which it believes will materially affect the interoperability of its network with the other Party, the Party making the change shall provide at least ninety (90) days advance written notice of such change to the other Party.

  • Notice of Change a. If the Authority requires a Change, it shall serve a Notice (an "Authority Notice of Change") on the Contractor. b. The Authority Notice of Change shall set out the change required to the Contractor Deliverables in sufficient detail to enable the Contractor to provide a written proposal (a "Contractor Change Proposal") in accordance with clause 3 below.

  • Notice of Change in Exercise Price The Company shall, promptly after an event requiring a change in the Exercise Price pursuant to Section 6 hereof, send notice to the Holders of such event and change (“Price Notice”). The Price Notice shall describe the event causing the change and the method of calculating same and shall be certified as being true and accurate by the Company’s Chief Financial Officer.