Purpose of this Amendment Sample Clauses

The "Purpose of this Amendment" clause defines the specific reason and intent behind making changes to an existing agreement. It typically outlines what aspects of the original contract are being modified, such as updating terms, correcting errors, or reflecting new agreements between the parties. By clearly stating the amendment's purpose, this clause ensures that all parties understand the scope and rationale for the changes, thereby reducing confusion and potential disputes about the amendment's intent.
Purpose of this Amendment. The purpose of this amendment is to change the agreement between the parties in the following particulars: a. Term of the Contract. (Check one.)
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Purpose of this Amendment. The Parties intend to allow Contractor to sell and install Solar Facilities with Batteries in certain geographies in accordance with the terms and conditions set forth in this Amendment No. 4 to the Channel Agreement and Amendment No. 11 to the Turnkey Contract.
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Purpose of this Amendment. Tenant is to reduce the size of their suite by 2,200 rentable square feet. Therefore, the approximate rentable square footage of the Premises under the Lease shall decrease from 8,373 to 6,173 rentable square feet as shown on Exhibit "A-2" which is attached hereto and made a part hereof.
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Purpose of this Amendment. Mr ABITEBOUL's secondment to Cheniere Supply & Marketing, Inc., will be prolonged by a period of 12 months, until 30 April 2013 at the latest. Accordingly, ▇▇ ▇▇▇▇▇▇▇▇▇ will continue to exercise his role as defined in his contract of employment within Cheniere Supply & Marketing, Inc. The parties agree that this period of secondment will not in any event be interpreted as a guarantee of employment for the Employee, which he does not contest. Any potential further extension in the period of secondment of ▇▇ ▇▇▇▇▇▇▇▇▇ to England in excess of the additional period mentioned above shall require a separate amendment to his contract of employment and be subject to and conditional upon the approval of the Compensation Committee. The secondment may be terminated by the Company or by ▇▇ ▇▇▇▇▇▇▇▇▇ with a notice period of two months.
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Purpose of this Amendment. With effect from 30 April 2010, ▇▇ ▇▇▇▇▇▇▇▇▇ will be seconded by the Company to the English branch of Cheniere Supply & Marketing, Inc., for a duration of a maximum of up to twenty four months, to undertake the role set out in his contract of employment. The parties agree that this period of twenty four months will not in any event be interpreted as a guarantee of employment for the Employee. Any extension in the period of secondment of ▇▇ ▇▇▇▇▇▇▇▇▇ to England in excess of the twenty four month period mentioned above shall require a separate amendment to his contract of employment. The secondment may be terminated by the Company or by ▇▇ ▇▇▇▇▇▇▇▇▇ with a notice period of two months.
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Related to Purpose of this Amendment

  • PURPOSE OF THIS AGREEMENT The purpose of this Agreement is to - 2.1 comply with the provisions of Section 57(1)(b), (4A), (4B) and (5) of the Systems Act as well as the employment contract entered into between the parties; 2.2 specify objectives and targets defined and agreed with the Employee and to communicate to the Employee the Employer’s expectations of the Employee’s performance and accountabilities in alignment with the Integrated Development Plan, Service Delivery and Budget Implementation Plan (SDBIP) and the Budget of the Employer; 2.3 specify accountabilities as set out in a performance plan, which forms an annexure to the performance agreement; 2.4 monitor and measure performance against set targeted outputs; 2.5 use the performance agreement as the basis for assessing whether the Employee has met the performance expectations applicable to his or her job; 2.6 in the event of outstanding performance, to appropriately reward the Employee; and 2.7 give effect to the Employer’s commitment to a performance-orientated relationship with its

  • Effect of this Amendment Except as modified pursuant hereto, no other changes or modifications to the Financing Agreements are intended or implied and in all other respects the Financing Agreements are hereby specifically ratified, restated and confirmed by all parties hereto as of the effective date hereof. To the extent of conflict between the terms of this Amendment and the other Financing Agreements, the terms of this Amendment shall control. The Loan Agreement and this Amendment shall be read and construed as one agreement.

  • Construction of this Amendment; Participation Agreement (a) This Amendment shall be interpreted to be consistent with, and to facilitate compliance with and reliance on, Rule 30e-3 under the 1940 Act and Rule 498A (including paragraph (j) thereof) under the 1933 Act and any interpretations of those Rules by the Securities and Exchange Commission, its staff, courts, or other appropriate legal authorities. (b) To the extent the terms of this Amendment conflict with the terms of the Participation Agreement, the terms of this Amendment shall control; otherwise, and except as otherwise specifically set forth in this Amendment, the terms of the Participation Agreement shall continue to apply, and shall apply to the duties, responsibilities, rights and obligations of the Parties under and pursuant to this Amendment.

  • Effectiveness of this Amendment The following shall have occurred before this Amendment is effective:

  • Amendment of this Agreement No provision of this Agreement may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against whom enforcement of the change, waiver, discharge or termination is sought, and no amendment of this Agreement shall be effective until approved in a manner consistent with the 1940 Act and rules and regulations thereunder and any applicable SEC exemptive order therefrom.