Effect of Future Laws. The Shareholders agree that if f any law or ---------------------- regulation of China that is amended or changed or a new law has an adverse effect on any Shareholder then, if such Shareholder requests, the parties shall forthwith amend this Contract so that such adverse effect is eliminated or adjusted to the greatest extent possible, and each Shareholder shall and shall cause the Company to use its best efforts to cause such amendment to be approved by the Approval Authority.
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Samples: Joint Venture Agreement (Pan Asia Mining Corp), Joint Venture Agreement (Pan Asia Mining Corp)
Effect of Future Laws. The Shareholders agree that if f any law or ---------------------- ------------------------ regulation of China that is amended or changed or a new law has an adverse effect on any Shareholder then, if such Shareholder requests, the parties shall forthwith amend this Contract so that such adverse effect is eliminated or adjusted to the greatest extent possible, and each Shareholder shall and shall cause the Company to use its best efforts to cause such amendment to be approved by the Approval Authority.
Appears in 2 contracts
Samples: Joint Venture Agreement (Pan Asia Mining Corp), Joint Venture Agreement (Pan Asia Mining Corp)
Effect of Future Laws. The Shareholders agree that if f any law or ---------------------- ------------------------ regulation of China that is amended or of changed or a new law la\v has an adverse effect on any Shareholder then, if such Shareholder requests, the parties shall forthwith amend this Contract so that such adverse effect is eliminated or adjusted to the greatest extent possible, and each Shareholder shall and shall cause the Company to use its best efforts to cause such amendment to be approved by the Approval Authority.
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Effect of Future Laws. The Shareholders agree that if f any law or ---------------------- regulation of China that is amended or changed or a new law has an adverse effect on any Shareholder then, if such Shareholder requests, the parties shall forthwith amend this Contract so that such adverse effect is eliminated or adjusted to the greatest least extent possible, and each Shareholder shall and shall cause the Company to use its best efforts to cause such amendment to be approved by the Approval approval Authority.
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