Limitations Imposed by Law Clause Samples
The 'Limitations Imposed by Law' clause defines that the terms of the agreement are subject to any restrictions or requirements mandated by applicable laws or regulations. In practice, this means that if any part of the contract conflicts with legal requirements, those parts will be adjusted or disregarded to the extent necessary to comply with the law. This clause ensures that the contract remains enforceable and valid, even if certain provisions are found to be unlawful, thereby protecting both parties from inadvertently violating legal standards.
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Limitations Imposed by Law. The provisions of this Employment Agreement relating to the compensation to be paid to the Executive shall be subject to any limitations provided by law or regulation which may from time to time limit the compensation payable to the Executive.
Limitations Imposed by Law. Nothing in this Agreement shall exclude or restrict any duty or liability that one Party may have to the other Party under the laws of any jurisdiction or the arrangements for regulating a firm or other person in or under such laws. (g)
Limitations Imposed by Law. The provisions of this Agreement relating to the compensation to be paid to the Employee shall be subject to any limitations provided by law or regulation that may from time to time limit the compensation payable to the Employee.
Limitations Imposed by Law. If any amount payable under Section 3 or Section 5.1 are limited by any applicable laws, regulations or government order, then the amount payable shall be deemed to be the highest amount payable under such law, regulation or government order.
Limitations Imposed by Law. It is understood by the parties hereto that the foregoing sections of this Article III may be limited by the provisions of applicable law.