Change in Law Notice Sample Clauses

Change in Law Notice. If either Party determines that a Change in Law has occurred or is reasonably likely to occur, then such Party may deliver Notice to the other Party of such Change in Law. Within sixty (60) Days following receipt of such Notice, the Parties shall meet and attempt in good faith to negotiate an amendment to this Agreement as is reasonably necessary to preserve the economic value of this Agreement to both Parties. If the Parties are unable to agree upon such amendments within such thirty (30) Day period, then either Party may terminate this Agreement in accordance with Section 12.5(c).
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Change in Law Notice. (a) If a Change in Law occurs during the Term, a party may give notice (notifying party) to the other party (notified party) of the Change in Law. (b) Any notice given by a notifying party under paragraph (a) must: (i) be given by within 3 months of the commencement of the relevant Change in Law, otherwise this clause 17 will not apply; and (ii) include full details of impact of the Change in Law and any supporting information reasonably necessary to enable the notified party to verify its impact.
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Change in Law Notice. 3.1 Each Party shall issue a Change in Law Notice in accordance with the time periods specified in Section 7 (Changes), describing the proposed or actual Change in Law in reasonable detail, including the date on which the Change in Law will or has become effective. In addition, each Change in Law Notice shall also detail the anticipated impact of the Change in Law on the performance of the Services, including a detailed description of any changes to this Agreement and any Annual Fee adjustment, that the notifying Party reasonably considers necessary to implement the Change in Law. 3.2 The Parties shall then negotiate in good faith regarding the implications of the Change in Law. 3.3 Notwithstanding the pendency of any negotiations or dispute resolution procedures, First Transit shall perform the Services in accordance with the Change in Law.
Sample 1
Change in Law Notice. As soon as reasonably practicable after Sunwater becomes aware of a Change in Law (including a Change in Law relating to Native Title) that may result in a Change in Law Variation, Sunwater will promptly deliver to the Customer a notice regarding the Change in Law (Change in Law Notice).
Sample 1

Related to Change in Law Notice

  • Change in Law To the extent that a change in Delaware law (whether by statute or judicial decision) shall permit broader indemnification or advancement of expenses than is provided under the terms of the By-laws and this Agreement, Indemnitee shall be entitled to such broader indemnification and advancements, and this Agreement shall be deemed to be amended to such extent.

  • Regulatory Change Without limiting the effect of the provisions of Section 5.01(a), in the event that at any time (by reason of any Regulatory Change or any other circumstances arising after the Closing Date affecting (i) any Lender, (ii) the London interbank market or (iii) such Lender’s position in such market), the Adjusted LIBOR, as determined in good faith by such Lender, will not adequately and fairly reflect the cost to such Lender of funding its LIBOR Loans, then, if such Lender so elects, by notice to the Borrower and the Administrative Agent, the obligation of such Lender to make additional LIBOR Loans shall be suspended until such Regulatory Change or other circumstances ceases to be in effect (in which case the provisions of Section 5.04 shall be applicable).

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