Report Basic Changes Clause Samples

The "Report Basic Changes" clause requires a party to promptly notify the other party of any fundamental changes that may affect the agreement or its performance. In practice, this could include changes such as a company’s legal name, address, ownership structure, or key personnel involved in the contract. By mandating timely disclosure of such changes, the clause ensures transparency and allows both parties to address potential impacts, thereby reducing the risk of misunderstandings or disruptions in the contractual relationship.
Report Basic Changes. The PFI must notify the Bank promptly in writing of any material changes that occur in its principal purpose, activities, financial condition, staffing, facilities, fidelity bond or errors and omissions insurance.
View SourceView Similar (16)
Report Basic Changes. The Lender must notify us promptly in writing of any changes that occur in its principal purpose, activities, staffing or facilities.
View SourceView Similar (3)
Report Basic Changes. The PFI must notify FHLB promptly in writing of any changes that occur in its principal purpose, activities, staffing or facilities that could adversely affect its ability to perform its obligations hereunder.
View SourceView Similar (2)
Report Basic Changes. The Seller must notify FHLBI promptly in writing of any changes that occur in its principal purpose, activities, staffing, or facilities that could adversely affect its ability to perform its obligations hereunder.
View SourceView Similar (2)
Report Basic Changes. The Lender must notify us promptly in writing of any changes that occur in its principal purpose, activities, staffing or facilities. ----------------- Page 2 of 22 ----------------- 08/86 ----------------- 9 --------------------- SALE OF MORTGAGES AND FANNIEMAE PARTICIPATION INTERESTS ---------------------- CONTRACT
View Source

Related to Report Basic Changes

  • Program Changes Contractor agrees to inform the County of any alteration in program or service delivery at least thirty (30) days prior to the implementation of the change, or as soon as reasonably feasible.

  • Interim Changes Since the date of its balance sheets, except as set forth in Exhibit C, there have been no (1) changes in financial condition, assets, liabilities or business of Amalgamated which, in the aggregate, have been materially adverse; (2) damages, destruction or losses of or to property of Amalgamated, payments of any dividend or other distribution in respect of any class of stock of Amalgamated, or any direct or indirect redemption, purchase or other acquisition of any class of any such stock; or (3) increases paid or agreed to in the compensation, retirement benefits or other commitments to its employees.

  • 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.

  • Minor Changes Within Sale Area, minor adjustments may be made in boundaries of cutting units or in the timber individually Marked for cutting when ac- ceptable to Purchaser and Forest Service.

  • Room Changes No changes in room assignment will be based upon age, race, religion, national origin, disability, sexual orientation, and online profiles except as needed to provide a reasonable accommodation to residents with eligible disabilities registered with the University [Office of Disability Services]. Room change may only be made with the written approval of University Housing and is dependent upon space availability, timing of the request, and grounds for transfer. Residents who receive approval for a room change may be charged a room change fee as shown on the University Housing website, which will be posted to Resident’s account. Room changes that are not authorized by University Housing will result in a fine as shown on the University Housing website, which will be posted to Resident’s account.