Placement Changes Clause Samples

The Placement Changes clause defines the procedures and conditions under which modifications to the placement of goods, services, or personnel can be made during the term of an agreement. Typically, this clause outlines who has the authority to request or approve changes, the process for submitting such requests, and any limitations or notice requirements involved. For example, it may allow a client to request a change in the location where services are delivered, subject to mutual agreement and possible adjustments in fees or timelines. The core function of this clause is to provide flexibility while maintaining clear guidelines, thereby preventing disputes and ensuring both parties can adapt to changing needs without breaching the contract.
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Placement Changes. Apartment and Bedroom space assignments are made, and may be changed, only by us or our agent. Change by Owner: While we will not act arbitrarily, we reserve the right to assign and/or relocate you, as the case may be, to another Unit and/or Bedroom of the same Floor Plan Type, if available and at our sole discretion, within the Apartment Community at any time before or during the Term, and for any reason deemed necessary by us (e.g. urgent maintenance, roommate conflict, vacancy consolidation etc.), upon written notice. In such case, we agree to exercise best commercial efforts to relocate you to a comparable Floor Plan and Bedroom Type. However, you acknowledge and agree that we cannot guarantee our ability to do so, and that our failure to relocate you to a comparable Floor Plan or Bedroom Type will not in any way release you from the obligations of this Lease. In the event you are assigned and/or relocated to a rental space that carries a lower rate, the Rent will be adjusted accordingly; if the new Owner-assigned rental space carries a higher rate, you will continue to pay the rate specified under this Lease and will not be charged the higher rate. Failure to relocate within the time provided by us in writing may result in charges applying for both units. Change requested by Resident: You may request to change assignments to a different unit and/or bedroom. However, such change requests are only effective upon our written approval and at our sole discretion, subject to the following preconditions: (1) Resident must be in good standing under this Lease Agreement; (2) Resident must prepay a $200 Transfer & Reassignment Fee (refunded or applied as a credit to your account, at our discretion, if the request is declined); (3) Resident and Owner must sign a written confirmation of the change in assignment (a new Placement Addendum or similar approved document as directed by us), including Resident’s agreement to pay the prevailing rate for the new assignment, pro-rated to the date scheduled for relocation; (4) Resident must pay a new security deposit for the new assignment, and Resident’s prior security deposit balance will be refunded within 30 days following move-out from and inspection of the original Unit, if applicable; and (5) relocation must be completed within 24 hours of scheduled relocation or charges will apply on both units. Under no circumstances will we be responsible for providing or paying for moving costs.
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Related to Placement Changes

  • Agreement Changes The Company reserves the right to change the terms of this Agreement and the Plan without your consent to the extent necessary or desirable to comply with the requirements of Code section 409A, the Treasury regulations and other guidance thereunder.

  • Delivery of Prospectus; Subsequent Changes During any period in which a Prospectus relating to the Placement Shares is required to be delivered by ▇▇▇▇▇ under the Securities Act with respect to a pending sale of the Placement Shares, (including in circumstances where such requirement may be satisfied pursuant to Rule 172 under the Securities Act), the Company will comply with all requirements imposed upon it by the Securities Act, as from time to time in force, and to file on or before their respective due dates all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant to Sections 13(a), 13(c), 14, 15(d) or any other provision of or under the Exchange Act. If during such period any event occurs as a result of which the Prospectus as then amended or supplemented would include an untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances then existing, not misleading, or if during such period it is necessary to amend or supplement the Registration Statement or Prospectus to comply with the Securities Act, the Company will promptly notify ▇▇▇▇▇ to suspend the offering of Placement Shares during such period and the Company will promptly amend or supplement the Registration Statement or Prospectus (at the expense of the Company) so as to correct such statement or omission or effect such compliance.

  • CONSISTENT CHANGES The Existing Loan Documents are hereby amended wherever necessary to reflect the changes described above.

  • Business Changes Change in any material respect the nature of the business of the Borrower or its Subsidiaries as conducted on the Effective Date.

  • Shift Changes When an employee is assigned to a specific shift and that assignment is changed, the employee shall be given seven (7) calendar days’ notice prior to the change.