EFFECT OF ACT Sample Clauses
The 'Effect of Act' clause defines how the enactment of a particular law or regulation impacts the rights, obligations, or terms within an agreement. Typically, this clause clarifies whether the new law overrides, modifies, or leaves unchanged the provisions of the contract, and may specify which parts of the agreement are subject to change as a result. Its core practical function is to ensure that the contract remains enforceable and clear in light of legislative changes, thereby reducing uncertainty and potential disputes between the parties.
EFFECT OF ACT. Except as otherwise provided in this Agreement or by law, the business and internal affairs of the Company shall be governed by the Act as in effect on the Effective Date.
EFFECT OF ACT. Nothing in this Act— (A) quantifies or otherwise affects the water rights, claims, or entitlements to water of any Indian Tribe other than the Hualapai Tribe;
EFFECT OF ACT. Except as otherwise provided in this Agreement or by other applicable law, the business and internal affairs of the Company shall be governed by the Act. In the event of a conflict between the provisions of this Agreement and the Act, this Agreement shall control to the extent permitted by law.
EFFECT OF ACT. The provisions of this Act and of the agreement shall have effect notwithstand- ing anything to the contrary in any other enactment.
EFFECT OF ACT. Except as otherwise provided in this Agreement or by law, the business and internal affairs of the Company shall be governed by the Indiana Business Flexibility Act as in effect on the Effective Date.