Laws and Regulatory Bodies. This Agreement and the obligations of the Parties hereunder are subject to all applicable laws, rules, orders and regulations of governmental authorities having jurisdiction and, in the event of conflict, such laws, rules, orders and regulations of governmental authorities having jurisdiction shall control.
Laws and Regulatory Bodies. This Agreement, the operation of the Enterprise and the rights and obligations of Holdings and Manager hereunder shall be subject to all valid and applicable laws, orders, court decisions, directives, rules and regulations of any Governmental Authority having jurisdiction.
Laws and Regulatory Bodies. This Management Services Agreement and the obligations of the parties hereunder are subject to all applicable laws, rules, orders and regulations of governmental authorities having jurisdiction, and to the extent of conflict, such laws, rules, orders and regulation of governmental authorities having jurisdiction shall control.
Laws and Regulatory Bodies. This Agreement and the obligations of the Partners hereunder are subject to all applicable laws, rules, orders and regulations of governmental authorities having jurisdiction.
Laws and Regulatory Bodies. This Agreement, the operation of the Transmission System and the rights and obligations of Owner and Contractor hereunder shall be subject to all valid and applicable laws, orders, directives, rules and regulations of any duly constituted governmental body or official having jurisdiction.
Laws and Regulatory Bodies. This Agreement, the operation of the Pipeline and the rights and obligations of the Joint Venturers hereunder shall be subject to all valid and applicable laws, orders, court decisions, directives, rules and regulations of any duly constituted governmental body or official having Jurisdiction.
Laws and Regulatory Bodies. 12.1. This Contract, and the rights and obligations of the parties hereunder, are subject to all applicable present and future laws, rules, regulations and orders of any regulatory or legislative body or other duly constituted authority having jurisdiction over Seller or Buyer. If any valid future law, order, rule or regulation of any such duly constituted authority having jurisdiction has the effect of altering or amending the provisions of this Contract, either party may terminate this Contract effective as of any date, including, but not limited to, the Day before the date on which such regulatory authority attempted to assert jurisdiction, by giving the other party written notice thereof.
Laws and Regulatory Bodies. 17.1 This Contract and the rights and obligations of the parties hereunder are subject to all applicable present and future laws, rules, regulations and orders of any regulatory or legislative body or other duly constituted authority having jurisdiction over Seller or Buyer.
Laws and Regulatory Bodies. 15.01 This Agreement shall be subject to all valid applicable federal and state laws and to the orders, rules and regulations of any duly constituted federal or state regulatory body or authority having jurisdiction.
Laws and Regulatory Bodies. This Agreement and the obligations of the Partners hereunder are subject to all applicable laws, rules, orders and regulations of governmental authorities having jurisdiction and in the event of conflict, said laws, rules, orders and regulations of governmental authorities having jurisdiction shall control. If, as a result of any transaction (including but not limited to any acquisition) entered into in connection with the formation of the Company, any regulatory agency (including but not limited to FERC or FTC) or court of competent jurisdiction seeks or orders divestiture or sale of any pipeline assets or interests, the Members agree that any such divestiture or sale will be satisfied solely through (i) divestiture or sale of the pipeline assets held at such time by one or more Operating Subsidiaries or (ii) divestiture or sale of a portion of the Membership Interest held by the Members; provided, that in the case of (ii) above, the portion of Membership Interest sold or divested by Leviathan Deepwater will equal the total amount of Membership Interests sold or divested by the ANR Subs in the aggregate, and vice versa. In no event shall the Company, any Member or any Affiliate of any Member be required to litigate with any regulatory agency to oppose such divestiture or sale. In no event shall any Member or any Affiliate of any Member be required by any other Member to divest or sell any ownership interest in any pipeline other than those owned by the Operating Subsidiaries to resolve any investigation, litigation or regulatory proceeding arising out of the formation of the Company. The Members agree to work cooperatively to resolve any agency investigation or other regulatory proceeding and agree to share the reasonable costs of any third party experts or consultants retained to assist in resolving such investigation or proceeding. The Members will equally share any gain or loss arising from any divestiture or sale of assets of the Company or the Operating Subsidiaries undertaken to resolve or prevent any agency investigation, litigation or regulatory proceeding.
