Common use of Review and Amendments Clause in Contracts

Review and Amendments. The Parties will jointly review the MOU annually and more frequently when: laws or regulations are amended that significantly impact the MOU or when a Party requests a formal change. Any proposed amendment or modification to the MOU shall be submitted to the other Party at least thirty days prior to formal discussion or negotiation. All Parties must concur on any amendments.

Review and Amendments. The Parties parties will jointly review the MOU annually and more frequently when: when laws or regulations are amended that significantly impact the MOU or when a Party requests a formal change. Any proposed amendment or modification to the MOU shall be submitted to the other Party at least thirty days prior to formal discussion or negotiation. All Parties must concur on any amendments.

Review and Amendments. The Parties parties will jointly review the MOU annually and more frequently when: when laws or regulations are amended that significantly impact the MOU or when a Party party requests a formal change. Any proposed amendment or modification to the MOU shall be submitted to the other Party at least thirty days prior to formal discussion or negotiation. All Parties party, and both parties must concur on any amendments. Either party may terminate this MOU with written notice to the other party without penalties or liabilities.