Material Change in Circumstances. 25.1 If a long term situation adversely affects either of the parties, due to a Change in Circumstances, the affected party may notify the other party requesting the renegotiation of the Price of the Product and specifying the basis for such request. The parties shall meet to hold good faith negotiations with the intent to remedy the situation to both parties’ satisfaction.
Material Change in Circumstances. Such material change in circumstances as described in Article 451 of the Civil Code does not justify revoking of the Guarantee, amending or terminating this Agreement on the initiative of the Guarantor and (or) the Borrower.
Material Change in Circumstances. At any time after the Effective Date, either party shall have the right to send a written notice to the other party requesting renegotiation of this Agreement (a “CHANGE NOTICE”) in the event of a significant change in circumstances which materially affect product or delivery cost with respect to the Products and services to be provided by Core-Mxxx to MAPCO pursuant to this Agreement or which materially affect the overall economics of such party’s business. A party may not send more than one (1) Change Notice during any given twelve (12) month period of this Agreement. The Change Notice shall describe in detail the change in circumstances, the material effects thereof on the party sending the Change Notice, and the modifications to this Agreement Distribution Service Agreement • Core-Mxxx -w- MAPCO Express • 2007 • Page 8 of 19 [* * *] CONFIDENTIAL TREATMENT being requested as a result thereof. Examples of a material change would include, without limitation, (a) store count change of 20% or more during any given twelve (12) month period, (b) purchase volume change of 20% or more during any given twelve (12) month period, (c) a material change in the mix of Products purchased as a result of changes in legal requirements, (d) a material change in merchandising philosophy that results in volume changes of 20% or more during any given twelve (12) month period in the candy, tobacco, cigarette or drink categories or (e) actual purchase volume per covered store that is materially different than that provided by MAPCO to Core-Mxxx and used by Core-Mxxx in determining the product pricing set forth in this Agreement. The delivery of a Change Notice shall have no immediate effect and this Agreement shall continue unadjusted until the parties agree on any change(s) to alleviate the material effects described in the Change Notice. If the parties cannot reach agreement as to requested modifications within sixty (60) days after a Change Notice is sent, MAPCO and Core-Mxxx agree to address the issue in a meeting between MAPCO’s President and Core-Mark’s President. If no agreement can be reached between the parties’ Presidents, the party sending the Change Notice may terminate this Agreement by giving the other party written notice of termination within thirty (30) days after the date of the President’s meeting, such termination to be effective ninety (90) days after the date of such notice. The notice of termination shall state in detail the modifications to the Agreemen...
Material Change in Circumstances. A party may send a notice to the other party requesting renegotiation of this agreement (a “Change Notice”) if a significant change in circumstances occurs that affects product or delivery cost with respect to the products or services, or both, to be provided under this agreement or that affects the overall economics of that party’s business (any such event, a “Material Change”). Examples of a Material Change would include: [***] set forth in this agreement. Any Change Notice must describe the Material Change in detail, its effects on the party sending the Change Notice, and the modifications to this agreement being requested as a result. If the parties have not reached agreement as to the requested modifications 60 days after the applicable Change Notice was sent, Stripes Chief Executive Officer or a designated Stripes company officer and XxXxxx’x President shall meet, and any joint decision they reach will be binding on the parties. If the parties are unable to reach agreement, the party sending the Change Notice may terminate this agreement by giving the other party, within 30 days after the date of that meeting, a written notice that specifies a termination date that is no later than 180 days after the date of that notice.
Material Change in Circumstances. If a long term situation adversely affects either of the parties, due to a Change in Circumstances as defined below, the affected party may notify the other party requesting the renegotiation of the relevant price of the Product and specifying the basis for such request. The parties shall meet to hold good faith negotiations with the intent to remedy the situation to both parties’ satisfaction. If, within thirty (30) days of such notification the parties have not agreed upon the remedy to such situation, the affected party shall have the right to terminate the Agreement by providing the other party with at least thirty (30) days prior written notice. During the period of time from the notice delivered by the affected party requesting renegotiation to the effective date of early termination of the corresponding portion of this Agreement, all terms and conditions of this Agreement shall remain in full force and effect. “Change in Circumstances” shall mean any of the following events that adversely affects the affected party’s economics under this Agreement in a material manner: (i) the imposition of new, amendments, or termination of laws, regulations or governmental taxes or governmental charges that have the effect of increasing the cost of materials if such increase in cost of production has not been already incorporated in the corresponding raw price formulae for the Products of Seller; (ii) the imposition of (a) any new import duties (or the expiration of any exemption from import duties or preference) or any increase in the import duty rate, or any new antidumping duties, on materials or (b) other new governmental restrictions for the import of materials into MEXICO, the USA or CANADA, including without limitation exchange rate controls, import licenses or other non- tariff trade barriers).
Material Change in Circumstances. Credit Enhancement Agreement will include provision that states if there is a material change in circumstances that impacts either party’s ability to perform under the Agreement terms or targets, the parties agree to meet and discuss whether an amendment is warranted as a result.
Material Change in Circumstances. If there is a material change in circumstances associated with this Multi-Site Agreement, including but not limited to a change in applicable regulatory requirements; a material number of New Sites; or a material, unexpected increase in costs, or Scopes of Work, for addressing Original Sites, BP or DEP may request from the Oversight Committee a modification to the commitments contained in this Section VI. Such modification will be presented to the Oversight Committee for review.
Material Change in Circumstances. If a material change in circumstances occurs, such as, but not limited to a change in operating costs, applicable law, licensing or permitting requirements, or a change that results from decisions of tribunals, either judicial or administrative, and such change materially impacts the costs of transportation, storage, land application or other aspects of the beneficial use of the City's biosolids, then the parties may renegotiate the affected provisions in this Contract. The parties shall negotiate in good faith; however any modifications of this Contract shall occur only by mutual agreement of both parties.
Material Change in Circumstances. If a long term situation adversely affects either of the parties, due to a Change in Circumstances as defined below, the affected party may notify the other party requesting the renegotiation of the relevant price of the Product and specifying the basis for such request. The parties shall meet to hold good faith negotiations 12. Force majeure et changement contextuel important. Force majeure. Le Vendeur et l'Acheteur ne sont pas responsables de retards ou de manquements résultant directement ou indirectement d'un cas de force majeure ou d’une cause ou d'un événement raisonnablement indépendant de la volonté du Vendeur, y compris, sans s'y limiter, un accident, un cas fortuit, un acte ou une omission d’une autorité gouvernementale, une guerre (déclarée ou non), un acte de terrorisme, une explosion, une xxxxx ou un autre conflit de travail, un incendie, une catastrophe naturelle (y compris une inondation, un tremblement de terre, une tempête, une pandémie ou une épidémie), un changement apporté à la loi, ou un retard dans l'obtention de la main-d'œuvre, du carburant, des fournitures, de l'énergie, des matériaux ou des services nécessaires (ou l'impossibilité d'obtenir ceux-ci) auprès des sources habituelles à des prix raisonnables ou en quantité suffisante. Si le Vendeur déclare un cas de force majeure, il peut répartir son stock de Produits entre ses clients internes et externes (envers lesquels il avait des engagements de fourniture contractuels contraignants contractés avant le cas de force majeure) comme il l’xxxxxx raisonnablement justifié, en tenant compte : a) de tout engagement de fourniture qu’il a envers des clients ayant des positions à terme couvertes sur matières premières; et b) de tout engagement contractuel de réservation de stock qu’il a envers des clients et qui s'applique dès que survient un cas de force majeure; et ce, à moins qu’une telle distribution ne soit interdite par la loi, sans engager sa responsabilité, et sans autre incidence sur la présente Convention. Il est entendu, en cas de force majeure touchant le Vendeur, que celui-ci n’est pas alors tenu de s'approvisionner en Produits auprès d'autres membres de son groupe ou d'un tiers pour satisfaire à ses obligations de fourniture aux termes des présentes, ni de fournir les quantités de Produits n’ayant pas été livrées pour cause de force majeure. Si le cas de force majeure dure plus de trois (3) mois, le Vendeur est en droit de résilier la présente Convention moyennant remise d’un ...
Material Change in Circumstances. Defendant agrees to notify the United States of any material change in circumstances, as described in 18 U.S.C. § 3664(k), that occurs prior to sentencing in this case. Such notification will be made within seven days of the event giving rise to the changed circumstances, and in no event later than the date of sentencing.
