Common use of Change in Applicable Law Clause in Contracts

Change in Applicable Law. Each Party shall notify the other in writing of any event or circumstance that a Party reasonably and in good faith believes is a Change in Applicable Law (as defined herein), which shall include what the relevant Change in Applicable Law, how it impacts the Deliverables, and any requested Change Order. If it is impractical to specify the adjustments that are necessary to accommodate the Change, then such Party shall provide the other Party with periodic supplemental notices during the period the event or circumstance continues which shall keep such Party informed of any Change, development, progress or other relevant information concerning the event or circumstance. As used herein “Change in Applicable Law” means any of the following which occurs after the Effective Date of this Agreement, but does not include any action, law, rule, regulation, or order relating to Buyer’s organization, existence, solvency, good standing, qualification, or licensing: i. Repeal, amendment, modification or supplementation of any existing Governmental Authorization (as defined below) or Applicable Law (as defined below) existing as of the Effective Date and affecting the Deliverables; ii. Enactment of new Governmental Authorization or Applicable Law impacting the Deliverables or which is forthcoming that will impact the Deliverables; or iii. Change in the manner in which an Applicable Law or Governmental Authorization is applied to the Deliverables, or in the application or interpretation, in either instance, by a Governmental Authority or court of applicable jurisdiction.

Appears in 8 contracts

Samples: Projects and Services Agreement, Projects and Services Agreement, Projects and Services Agreement

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Change in Applicable Law. Each Party shall notify the other in writing of any event or circumstance that a Party reasonably and in good faith believes is a Change in Applicable Law (as defined herein), which shall include what the relevant Change in Applicable Law, how it impacts the Deliverables, and any requested Change Order. If it is impractical to specify the adjustments that are necessary to accommodate the Change, then such Party shall provide the other Party with periodic supplemental notices during the period the event or circumstance continues which shall keep such Party informed of any Change, development, progress or other relevant information concerning the event or circumstance. As used herein “Change in Applicable Law” means any of the following which occurs after the Effective Date of this Agreement, but does not include any action, law, rule, regulation, or order relating to Buyer’s organizationorganisation, existence, solvency, good standing, qualification, or licensing: i. Repeal, amendment, modification or supplementation of any existing Governmental Authorization (as defined below) or Applicable Law (as defined below) existing as of the Effective Date and affecting the Deliverables; ii. Enactment of new Governmental Authorization or Applicable Law impacting the Deliverables or which is forthcoming that will impact the Deliverables; or iii. Change in the manner in which an Applicable Law or Governmental Authorization is applied to the Deliverables, or in the application or interpretation, in either instance, by a Governmental Authority or court of applicable jurisdiction.

Appears in 2 contracts

Samples: Projects and Services Agreement, Projects and Services Agreement

Change in Applicable Law. Each Party shall notify the other in writing of any event or circumstance that a Party reasonably and in good faith believes is a Change in Applicable Law (as defined herein), which shall include what the relevant Change in Applicable Law, how it impacts the Deliverables, and any requested Change Order. If it is impractical to specify the adjustments that are necessary to accommodate the Change, then such Party shall provide the other Party with periodic supplemental notices during the period the event or circumstance continues which shall keep such Party informed of any Change, development, progress or other relevant information concerning the event or circumstance. As used herein “Change in Applicable Law” means any of the following which occurs after the Effective Date of this Agreement, but does not include any action, law, rule, regulation, or order relating to Buyer’s organization, existence, solvency, good standing, qualification, or licensing: : i. Repeal, amendment, modification or supplementation of any existing Governmental Authorization (as defined below) or Applicable Law (as defined below) existing as of the Effective Date and affecting the Deliverables; ; ii. Enactment of new Governmental Authorization or Applicable Law impacting the Deliverables or which is forthcoming that will impact the Deliverables; or or iii. Change in the manner in which an Applicable Law or Governmental Authorization is applied to the Deliverables, or in the application or interpretation, in either instance, by a Governmental Authority or court of applicable jurisdiction.. As used herein, “Applicable Law” means any constitution, charter, act, statute, law, ordinance, code (including legal, engineering, construction, safety and electrical generation codes), rule, regulation, order, judgment, treaty, decree, announcement or other governmental restriction or published practice or any binding interpretation or other legislative or administrative action of any Governmental Authority, or specified standards or objective criteria contained in any applicable Governmental Authorization, or any final decree, Kanunda (burada tanımlandığı şekilde) bir Değişiklik olduğuna inandığı herhangi bir olay veya durumu diğerine yazılı olarak bildirecek ve bu bildirimde Geçerli Kanundaki ilgili Değişikliğin ne olduğu, Teslim Kalemlerini nasıl etkilediği ve varsa talep edilen Değişiklik Emri yer alacaktır. Değişikliğe uyum sağlamak için gerekli ayarlamaları belirtmek mümkün değilse, söz konusu Taraf diğer Xxxxxx olayın veya durumun devam ettiği süre boyunca, söz konusu Tarafı olay veya durumla ilgili herhangi bir Değişiklik, gelişme, ilerleme veya diğer ilgili bilgilerden haberdar edecek periyodik ek bildirimler sağlayacaktır. Burada kullanıldığı şekliyle "Geçerli Kanundaki Değişiklik", işbu Sözleşmenin Yürürlük Tarihinden sonra meydana gelen aşağıdakilerden herhangi biri anlamına gelir, ancak Alıcının kuruluşu, varlığı, ödeme gücü, iyi hali, yeterliliği veya lisansı ile ilgili herhangi bir eylem, yasa, kural, düzenleme veya emri içermez: i. Yürürlük Tarihi itibariyle mevcut xxxx ve Teslim Kalemlerini etkileyen herhangi bir Resmi İznin (aşağıda tanımlandığı şekilde) veya Geçerli Kanunun (aşağıda tanımlandığı şekilde) yürürlükten kaldırılması, değiştirilmesi, tadil edilmesi veya tamamlanması; ii. Teslim Kalemlerini etkileyen veya Teslim Kalemlerini etkileyecek olan yeni bir Resmi İzin veya Geçerli Kanunun yürürlüğe girmesi veya iii. Geçerli bir Kanunun veya Resmi İznin Teslim Kalemlerine uygulanma şeklindeki veya her iki durumda da bir Xxxxx Xxxxx veya geçerli yargı yetkisine sahip mahkeme tarafından uygulanma veya yorumlanma şeklindeki değişiklik. Burada kullanıldığı şekliyle "Geçerli Kanun" herhangi bir anayasa, bildirge, yasa, tüzük, kanun, yönetmelik, talimatname (hukuk, mühendislik, inşaat, güvenlik ve elektrik üretim talimatnameleri dâhil), kural, yönetmelik, emir, hüküm, antlaşma, kararname, duyuru veya diğer hükümet kısıtlamaları veya yayınlanmış uygulama veya herhangi bir Resmi Makamın bağlayıcı yorumu veya diğer yasama veya idari eylemi veya herhangi bir geçerli Resmi İzinde yer xxxx belirli standartlar veya objektif kriterler veya herhangi bir mahkemenin nihai kararı, hükmü veya emri anlamına gelir. Burada kullanıldığı

Appears in 1 contract

Samples: Terms and Conditions

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Change in Applicable Law. Each Party shall notify the other in writing of any event or circumstance that a Party reasonably and in good faith believes is a Change in Applicable Law (as defined herein), which shall include what the relevant Change in Applicable Law, how it impacts the Deliverables, and any requested Change Order. If it is impractical to specify the adjustments that are necessary to accommodate the Change, then such Party shall provide the other Party with periodic supplemental notices during the period the event or circumstance continues which shall keep such Party informed of any Change, development, progress or other relevant information concerning the event or circumstance. As used herein “Change in Applicable Law” means any of the following which occurs after the Effective Date of this Agreement, but does not include any action, law, rule, regulation, or order relating to Buyer’s organization, existence, solvency, good standing, qualification, or licensing: i. Repeal, amendment, modification or supplementation of any existing Governmental Authorization Authorisation (as defined below) or Applicable Law (as defined below) existing as of the Effective Date and affecting the Deliverables; ii. Enactment of new Governmental Authorization Authorisation or Applicable Law impacting the Deliverables or which is forthcoming that will impact the Deliverables; or iii. Change in the manner in which an Applicable Law or Governmental Authorization Authorisation is applied to the Deliverables, or in the application or interpretation, in either instance, by a Governmental Authority or court of applicable jurisdiction.

Appears in 1 contract

Samples: Projects and Services Agreement

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