Common use of Subsequent Amendments Clause in Contracts

Subsequent Amendments. 6.2.1 Any subsequent amendment or update to the Business Plan or Budget proposed by the Executive Managers or any Director shall be submitted to the Board for approval. 6.2.2 The Company shall procure that the Board is promptly provided with such information as it may reasonably request for the purposes of considering any such subsequent amendment to the Business Plan or Budget. 6.2.3 The Board may approve the proposed amendment or update in the form submitted or with such amendments as it may approve at such Board meeting. If any such amendment or update is so approved by the Board, the amended Business Plan or Budget (as the case may be) shall constitute the Business Plan or Budget (as the case may be) in replacement of the existing Business Plan or Budget (as the case may be).