Government Action Affecting Agreement Sample Clauses

Government Action Affecting Agreement. (a) If any Article or provision or part thereof of this Agreement shall be rendered null and void, or materially altered, or otherwise be declared invalid, inoperative or unenforceable, by any competent authority or applicable legislation:
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Government Action Affecting Agreement. (a) If any article, clause, paragraph, phrase or term of this Agreement shall by Provincial, Federal, or other law, or by decision of any Court of competent jurisdiction be declared or held illegal, void or unenforceable, the remaining portions of this Agreement shall continue to be valid and in full force and effect.
Government Action Affecting Agreement. Severability: In the event that any provision in this Agreement shall at any time be declared invalid by any court of competent jurisdiction or through government regulations or decree, such decision shall not invalidate the entire Agreement. It is the express intention of the Parties hereto that all other provisions not declared invalid shall remain in full force and effect.
Government Action Affecting Agreement. (a) The parties recognize and agree that they cannot be obligated or bound by any term, condition or provision, which would be contrary to any existing federal or provincial legislation or regulation passed pursuant to such legislation. In the event that any term, condition, or provision, or part thereof which is incorporated into this agreement becomes in fact or in law contrary to such federal or provincial legislation or regulation, then such term, condition or provision, or part thereof, is void and of no effect.
Government Action Affecting Agreement. 30.1.1 If any article or provision or part thereof of this Agreement shall be rendered null and void, or materially altered, or otherwise be declared invalid, inoperative or unenforceable, by any competent authority or applicable legislation arising from the legislative or judicial branch of the federal, provincial or territorial governments, the following shall apply:  The remaining provisions of the Agreement shall remain in full force and effect for the life of the Agreement.  The Employer and the Union shall, as soon as possible, negotiate mutually agreeable provisions to be substituted for the provisions rendered nugatory, to whatever degree.  If mutual agreement cannot be reached, the matter may, at the option of either party, be referred directly to arbitration in accordance with the applicable provisions of this Agreement. For this purpose, it is agreed that the matter must be so referred within sixty (60) calendar days following the date of unsatisfactory conclusion of the relevant negotiations.

Related to Government Action Affecting Agreement

  • GOVERNMENT ACQUISITION 19.1 MBSB has not received any notification of any acquisition by the acquiring authority of the whole or any part of the property. In the event of any such acquisition or intended acquisition the sale of the property shall not be annulled nor there any adjustment or abatement of the Purchase Price. In this respect, upon the full payment of the Purchase Price by the Purchaser to the bank together with all interest on late payment (if any) all compensation, which may be paid by the acquiring authority shall belong to the Purchaser.

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