FINANCIAL AND LEGISLATIVE CONTINGENCIES Sample Clauses

FINANCIAL AND LEGISLATIVE CONTINGENCIES. Should the employer not receive anticipated appropriations or revenues, those portions of this agreement which are contingent upon availability of financial resources may be opened for renegotiation by the employer.
Sample 1Sample 2Sample 3See All (10)
AutoNDA by SimpleDocs
FINANCIAL AND LEGISLATIVE CONTINGENCIES. In the event the University System budget request is appropriated by the legislature in the amount requested, this agreement shall remain in full force and effect. Should the appropriation be less than the request, this agreement may be opened for renegotiation by the employer as to any portion thereof, the performance of which is contingent upon availability of financial resources. Should the legislature alter or amend a statutory provision contained in this agreement, the agreement may be opened for renegotiation by either party as to those clauses of the agreement affected by the legislative action.
Sample 1Sample 2Sample 3See All (9)
FINANCIAL AND LEGISLATIVE CONTINGENCIES. ‌ In the event the budget request of the university system educational units is appropriated by the legislature in the amount requested, this agreement shall remain in full force and effect. Should the appropriation be less than the request or should the appropriation be reduced during the term of this agreement, this agreement may be reopened for renegotiation by the Employer as to any portion for which the performance of which is contingent upon availability of financial resources. Should the legislature alter or amend a statutory provision contained in this agreement those clauses of the agreement affected by legislative action may be opened for renegotiation by either party.
Sample 1

Related to FINANCIAL AND LEGISLATIVE CONTINGENCIES

  • Compliance with Legislation Should any term of this Agreement fail to comply with a mandatory minimum standard or requirement imposed by applicable legislation, then the minimum standard or requirement shall apply in place of the offending term of this Agreement, and shall constitute the rights and obligations of the Parties in that respect.

  • Compliance with Money Laundering Legislation The Rights Agent shall retain the right not to act and shall not be liable for refusing to act if, due to a lack of information or for any other reason whatsoever, the Rights Agent reasonably determines that such an act might cause it to be in non-compliance with any applicable anti-money laundering or anti-terrorist legislation, regulation or guideline. Further, should the Rights Agent reasonably determine at any time that its acting under this Agreement has resulted in it being in non-compliance with any applicable anti-money laundering or anti-terrorist legislation, regulation or guideline, then it shall have the right to resign on 10 days' written notice to the Corporation, provided: (i) that the Rights Agent's written notice shall describe the circumstances of such non-compliance; and (ii) that if such circumstances are rectified to the Rights Agent's satisfaction within such 10-day period, then such resignation shall not be effective.

  • Future Legislation In the event that any future legislation renders null and void or materially alters any provision of this Agreement, the remaining provisions shall remain in effect for the term of the Agreement, and the parties hereto shall negotiate a mutually agreeable provision to be substituted for the provision so rendered null and void or materially altered.

  • Data Protection Legislation the UK Data Protection Legislation and any other European Union legislation relating to personal data and all other legislation and regulatory requirements in force from time to time which apply to a party relating to the use of personal data (including, without limitation, the privacy of electronic communications).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!