Effect of Change in Law or Regulation Sample Clauses

Effect of Change in Law or Regulation. The parties acknowledge that after the Effective Date, standards for access to ATM services by or the provision of Auxiliary Aids and Services to Persons with Vision Impairments, which are different from Xxxxx Fargo’s obligations under this Agreement, may be established by applicable new laws or regulations. In the event of such a change, the parties agree that where the new law or regulation imposes a less rigorous obligation than provided in this Agreement, Xxxxx Fargo’s compliance with the new law or regulation will constitute compliance with this Agreement, provided that Xxxxx Fargo follows the procedures set forth in Section 7.2, below. Where the law imposes a more stringent obligation than provided in this Agreement, the parties agree that: (1) nothing in this Agreement shall limit Xxxxx Fargo’s obligation to comply with or Claimants’ ability to pursue claims under any such applicable laws and regulations that are amended or enacted after the Effective Date of this Agreement; and (2) no action by Xxxxx Fargo, which is permitted or required by such laws or regulations, shall constitute a breach of this Agreement. Prior to the initiation of any litigation raising claims based on a change in the applicable law or regulations after the Effective Date of this Agreement, the Parties will follow the Alternative Dispute Resolution Procedures outlined in Section 9 of this Agreement.
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Effect of Change in Law or Regulation. The parties acknowledge that after the Effective Date, standards for access to ATM services by, or the provision of Auxiliary Aids and Services to, Persons with Vision Impairments, which are different from TCF Bank’s obligations under this Agreement, may be established by applicable new laws or regulations. In the event of such a change, the parties agree that where the new law or regulation imposes a less rigorous obligation than provided in this Agreement, TCF Bank’s compliance with the new law or regulation will constitute compliance with this Agreement, provided that TCF Bank follows the procedures set forth in section 10.2 below. Where the law imposes a more stringent obligation than provided in this Agreement, the parties agree that: (1) the new obligation shall be incorporated as a term of this Agreement as soon as reasonably feasible after the new obligation becomes effective; and (2) no action by TCF Bank, which is permitted or required by such laws or regulations, shall constitute a breach of this Agreement.
Effect of Change in Law or Regulation. Notwithstanding anything to the contrary contained in this Agreement, WebLink may, in its sole discretion, change the prices charged for Services or change the Subscriber Devices or Services provided under this Agreement upon 30 days prior notice to Reseller if WebLink deems such change necessary to comply with applicable law or regulation, or if WebLink determines that a change in applicable law or regulation substantially increases WebLink's operating costs; provided, however, that any such change in price of Services shall be non-discriminatory between Reseller and all of WebLink's other like resellers.
Effect of Change in Law or Regulation. Notwithstanding anything to the contrary contained in this Agreement or any schedule or exhibit attached hereto, but consistent with Section 1.10 of this Agreement, PageMart shall have the right in its sole and absolute discretion, to change the fees charged for Services at any time, upon thirty (30) days prior notice to BellSouth, in the event such change is necessary to comply with applicable law or regulation, whether state or federal, or upon thirty (30) days prior notice or less if commercially possible, to BellSouth, in the event PageMart reasonably determines that a change in applicable law or regulation substantially affects PageMart's operating costs and such change similarly affects resellers purchasing Paging Services in like volume as BellSouth. Upon request by BellSouth, PageMart shall reasonably substantiate through written documentation that a newly effective law or regulation has caused PageMart to experience an increase in its operating costs. Should PageMart determine that an increase in the Paging Fees is necessary, BellSouth shall have the right to either pay the increased amount or, if such an increase materially adversely effects BellSouth's costs of providing Services to its customers, to terminate this Agreement without penalty. Any such change in Paging Fees shall be limited to the amount equal to PageMart's reasonable estimation of the actual costs incurred by PageMart to achieve compliance or "to be made whole" with such increase in its operating costs.
Effect of Change in Law or Regulation. The Parties acknowledge that after the Effective Date, standards for access to ATM services by Persons with Vision Impairments, different from First Union’s obligations under this Agreement, may be established by applicable new laws or regulations. In the event of such a change, the Parties agree that where the new law or regulation imposes a less rigorous obligation than provided in this Agreement, First Union’s compliance with the new law or regulation will constitute compliance with relevant portions of this Agreement, provided that First Union follows the procedures set forth in section 4.2, below. Where the law imposes a more stringent obligation than provided in this Agreement, the Parties agree that: (1) the new obligation shall be incorporated as a term of this Agreement as soon as reasonably feasible after the new obligation becomes effective, but in no event prior to the running of any grace period provided in such law or regulation; and (2) no action by First Union, permitted or required by such laws or regulations, shall constitute a breach of this Agreement.

Related to Effect of Change in Law or Regulation

  • No Change in Law There shall not have been any action, or any statute enacted, by any government or agency thereof which would in any material respect prohibit or render the parties unable to consummate the transactions contemplated hereby or make the transactions contemplated hereby illegal.

  • Change in Laws If at any time any new law or any change in existing laws or in the interpretation of any new or existing laws shall make it unlawful for any Bank to make or continue to maintain or fund LIBOR Loans hereunder, then such Bank shall promptly notify Borrowers in writing and such Bank's obligation to make, continue or convert Loans into LIBOR Loans under this Agreement shall be suspended until it is no longer unlawful for such Bank to make or maintain LIBOR Loans. Upon receipt of such notice, Borrowers shall either repay the outstanding LIBOR Loans owed to the Banks, without penalty, on the last day of the current Interest Periods (or, if any Bank may not lawfully continue to maintain and fund such LIBOR Loans, immediately), or Borrowers may convert such LIBOR Loans at such appropriate time to Prime Rate Loans.

  • Change in Law If any Change in Law shall:

  • Provisions in Conflict with Law or Regulation (a) The provisions of this Declaration are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code or with other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this Declaration; provided, however, that such determination shall not affect any of the remaining provisions of this Declaration or render invalid or improper any action taken or omitted prior to such determination.

  • Provisions in Conflict with Law or Regulations (a) The provisions of the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code or with other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination.

  • Other Regulations No Borrower or any Material Subsidiary is subject to regulation under the Investment Company Act of 1940, the Public Utility Holding Company Act of 1935, the Federal Power Act, the Interstate Commerce Act, any state public utilities code or any other Governmental Rule that limits its ability to incur Indebtedness.

  • Authority; Effect Each party hereto represents and warrants to and agrees with each other party that the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized on behalf of such party and do not violate any agreement or other instrument applicable to such party or by which its assets are bound. This Agreement does not, and shall not be construed to, give rise to the creation of a partnership among any of the parties hereto, or to constitute any of such parties members of a joint venture or other association. The Company and its subsidiaries shall be jointly and severally liable for all obligations of each such party pursuant to this Agreement.

  • Application of Takeover Protections The Company and the Board of Directors have taken all necessary action, if any, in order to render inapplicable any control share acquisition, business combination, poison pill (including any distribution under a rights agreement) or other similar anti-takeover provision under the Company’s certificate of incorporation (or similar charter documents) or the laws of its state of incorporation that is or could become applicable to the Purchasers as a result of the Purchasers and the Company fulfilling their obligations or exercising their rights under the Transaction Documents, including without limitation as a result of the Company’s issuance of the Securities and the Purchasers’ ownership of the Securities.

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