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Amendment To Agreement
"I need an Amendment to Agreement to extend our existing distribution agreement's term by three years until March 15, 2025, and update the minimum purchase quantities for our Saudi Arabian distributor to comply with new market regulations."
1. Parties: Full legal names and details of all parties to the amendment, matching the original agreement
2. Background: References to the original agreement, its date, and brief context for the amendment
3. Definitions: Key terms used in the amendment, including reference to definitions in the original agreement
4. Amendment Effective Date: The date when the amendments take effect
5. Amendments: Detailed description of specific modifications to the original agreement, clearly referencing affected clauses
6. Confirmation of Other Terms: Statement confirming all other terms of the original agreement remain in full force and effect
7. Governing Law: Confirmation of Saudi law and Sharia principles as governing law
8. Execution: Signature blocks and execution requirements under Saudi law
1. Recitals: Additional background information when complex circumstances led to the amendment
2. Interpretation: Special rules for interpreting the amendment, used when amendments are complex
3. Conditions Precedent: Include when amendments are subject to specific conditions being met
4. Third Party Approvals: Required when amendments need regulatory or third-party consent
5. Islamic Finance Compliance: Specific section needed when amendments relate to financial terms to ensure Sharia compliance
1. Schedule of Amendments: Detailed table showing original clause text and amended text side by side
2. Amended and Restated Clauses: Full text of amended clauses in their final form
3. Required Approvals: List of necessary regulatory or third-party approvals, if any
4. Power of Attorney: If new authorizations are required for the amendment
5. Amended Commercial Terms: If amendment involves changes to commercial or financial terms
Authors
Amendment Date
Amendment Effective Date
Original Agreement
Amended Agreement
Parties
Effective Date of Original Agreement
Modified Provisions
Continuing Provisions
Governing Law
Business Day
Regulatory Authority
Sharia Compliance
Consideration
Force Majeure
Confidential Information
Notices
Representatives
Authorized Signatories
Related Documents
Appendices
Schedules
Amendments
Interpretation
Working Day
Original Terms
Modified Terms
Approval
Consent
Recitals
Definitions
Amendment Scope
Effective Date
Amendment Provisions
Original Agreement Reference
Confirmation of Continuing Terms
Representations and Warranties
Authority to Amend
Governing Law
Dispute Resolution
Notices
Entire Agreement
Counterparts
Language
Severability
Further Assurance
Costs and Expenses
Regulatory Compliance
Sharia Compliance
Third Party Rights
Assignment
Execution
Oil & Gas
Construction
Financial Services
Manufacturing
Technology
Healthcare
Retail
Real Estate
Infrastructure
Telecommunications
Professional Services
Transportation & Logistics
Legal
Commercial
Compliance
Operations
Business Development
Risk Management
Corporate Affairs
Finance
Project Management
Regulatory Affairs
Legal Counsel
Contract Manager
Commercial Director
Chief Legal Officer
Business Development Manager
Compliance Officer
Project Manager
Operations Director
Chief Executive Officer
Risk Manager
Islamic Finance Advisor
Regulatory Affairs Manager
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