New Laws. If the Developer is obliged by a New Law to do something or pay an amount which it is already contractually obliged to do or pay under this planning agreement then, to the extent only that the relevant obligation is required under both the New Law and this planning agreement, compliance with the New Law will constitute compliance with the relevant obligation under this planning agreement.
New Laws. Owner and Contractor agree that if there is a change in any laws, rules or regulations affecting the Project and enacted after the Effective Date of this Agreement, the Parties will enter into good faith negotiations to renegotiate the affected terms of this Agreement.
New Laws. If a Law is changed or a new Law comes into force (both referred to as New Law) and the Developer is obliged by the New Law to:
(1) do something (including paying any money) which it is already contractually obliged to do under this deed then, only to the extent that the relevant obligation is required under both the New Law and this deed, compliance with the New Law will constitute compliance with the relevant obligation under this deed and vice versa; or
(2) contribute a further material public benefit not contemplated in this deed, any environmental planning instrument or any development control plan applying to the Development as at the date of this deed, the relevant Developer may require that the provisions of this deed, and the Development Contributions to be made under it, be taken into account in the assessment of that further contribution.
New Laws. No Governmental Authority shall have enacted, issued, promulgated, enforced or entered into any Law which is in effect and has the effect of making the transactions contemplated by this Agreement illegal, or otherwise restraining or prohibiting consummation of such transactions or causing any of the transactions contemplated hereunder to be rescinded following complete thereof.
New Laws. Notwithstanding any other provision of this Agreement, this Agreement shall not preclude the City or the voters in the City, by subsequent action, from enacting or imposing any “New Law” that does not conflict with the Existing Development Regulations (the “Non-Conflicting New Law”). Illustrative of some Non-Conflicting New Law(s) are the
New Laws. In the event that any law, regulation, treaty or official directive or the interpretation or application thereof by any court or governmental authority or the compliance with any guideline or request of any governmental authority: (a) subjects the Lender to any tax with respect to any amounts payable under the Loans or otherwise with respect to the transactions contemplated hereunder, except for taxes on the overall net income of the Lender imposed by the United States of America, the States of California and Delaware, or any agency thereof, or any other governmental entity having jurisdiction over the Lender; and the result of any of the foregoing is to increase the cost of the Lender, reduce the income receivable by or return on equity of the Lender or impose any expense upon the Lender with respect to the Loans, the Lender shall so notify the Borrower. The Borrower agrees to pay the Lender the amount of such increases in cost, reduction in income, reduced return on equity or additional expenses (exclusive of customary overhead expenses) as and when such cost, reduction in income, reduced return on equity or additional expense is incurred or determined, plus interest upon presentation by the Lender of a statement in the amount and setting forth the Lender’s calculation thereof; provided that that any such increases in cost, reduction in income, reduced return on equity or additional expenses may only be imposed to the extent the Lender imposes the same charges generally under comparable credit facilities. In determining such amount, the Lender may use any reasonable averaging and attribution methods, which statement shall be deemed true and correct, absent manifest error.
New Laws. If Lender determines that the introduction of any Law regarding capital adequacy or any change therein or in the interpretation thereof, or compliance by Lender therewith, has the effect of reducing the rate of return on the capital of Lender or any corporation controlling such Lender as a consequence of such Lender's obligations hereunder (taking into consideration its policies with respect to capital adequacy and Lender's desired return on capital), then from time to time upon demand of Lender, Borrower shall pay to such Lender such additional amounts as will compensate Lender for such reduction.
New Laws. Each party will advise the other party of any legislation, rule, regulation or other law (including but not limited to any customs, tax, trade, intellectual property or tariff law) which is in effect or which may come into effect in any county in the Territory after the Effective Date of this Agreement that affects the import of the Products, or the use and the protection of the Products, or which has a material effect on any provision of this Agreement.
New Laws. If there is a change in any laws, rules or regulations affecting the subject matter of this Agreement and enacted after the Effective Date, the parties will enter into good faith negotiations to renegotiate the affected terms of this Agreement.
New Laws. 27 8.09 Section Headings, Severability, Entire Agreement . . . . . . . . . . . . . . . . . . . 27 8.10 Counterparts. . . . . . . . . . . . . . . . . . 28 8.11 Governing Law; Consent to Jurisdiction. . . . . 28 8.12 Uniform Commercial Code . . . . . . . . . . . . 28 8.13
