Common use of Right of Amendment Clause in Contracts

Right of Amendment. We may implement changes: 5.1 the (first) due date (this is the day on which we charge interest for the first time); 5.2 the settlement period (this is the period over which inte- rest is charged); 5.3 the calculation method (this is the way in which we cal- culate the interest rate that we collect on a monthly ba- sis); 5.4 the calculation period of the interest or the manage- ment costs (we calculate the interest or the costs for example per month or per quarter).