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instances for new ModificationClause library #402

@lzehl

Description

@lzehl

Potential terms:

  • Bilateral Amendment: A formal change to the agreement that requires the explicit written consent of all parties.
  • Unilateral Amendment: A formally permitted change to certain terms that one party may implement without the other party’s approval.
  • Written Modification Requirement: A rule stating that any modification to the agreement is only valid if documented in writing.
  • Signed Modification Requirement: A rule requiring that all modifications be signed by all parties to become legally effective.
  • Notice Requirement: A clause obligating a party to provide advance notice before a modification or amendment becomes effective.
  • Non-Negotiable Terms: Contract sections that cannot be altered or negotiated by either party under any circumstances.
  • Modifiable Terms: Contract sections that the parties are allowed to change in accordance with the modification rules.
  • Automatic Adjustment Mechanism: A provision that causes certain terms to change automatically when predefined conditions or triggers occur.
  • Waiver: A voluntary relinquishment of a contractual right by a party, effectively modifying how the affected term applies.

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